Newcore Gold Confirms And Expands New Discovery At Enchi
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Newcore Gold Confirms And Expands New Discovery At Enchi

byColin Sandell-Hay, Contributor - The Assay
4 years ago
Reading Time: 3 mins read
Newcore Gold Confirms And Expands New Discovery At Enchi

Newcore Gold Ltd. (TSXV: NCAU, OTCQX: NCAUF) has further expanded the promising Tokosea Gold Target discovery with drill results from the 90,000 m programme underway at the Enchi Gold Project in Ghana.

First pass Reverse Circulation (RC) drilling at the Tokosea Gold Target completed as part of the inaugural drill programme on the grassroot target at Enchi, intersected multiple wide zones of gold mineralisation from surface.

Drill results included 1.80 grams per tonne gold over 27.0 m from 30 m, including 4.13 g/t Au over 3.0 m from 31 m, and 1.67 g/t Au over 17.0 m from 131 m, including 18.17 g/t Au over 1.0 m from 131 m.

Tokosea is a new greenfield discovery at Enchi where first pass drilling has highlighted the strong potential to delineate additional resources across the 216 sq. km land package at Enchi.

Highlights from First Pass Drilling at Tokosea

  • Drilling at Tokosea has confirmed and expanded the new greenfield discovery, highlighting the strong potential to delineate additional gold resources at Enchi:
  • This drilling was completed as part of the first pass discovery drilling completed at Tokosea in 2022, with first results announced March 7, 2022.
  • Inaugural drilling tested mineralization to an average vertical depth of only 75 metres.
  • Tokosea is outlined on surface by a six-kilometre-long and two-to-three-kilometre-wide gold-in-soil anomaly. With only 56 holes drilled to date on the target, the strong results highlight the possibility of a new area for potential mineral resources at Enchi.
  • Drilling at Tokosea has expanded the gold mineralization, intersecting multiple structures in the upper portion of the sulphides, including:
  • Hole TORC045 intersected multiple zones of mineralization throughout the drill hole. Near surface, the hole intersected 1.80 g/t Au over 27.0 m from 30 m, including 4.13 g/t Au over 3.0 m from 31 m, 3.41 g/t Au over 3.0 m from 38 m, and 3.76 g/t Au over 3.0 m from 47 m. A zone near the end of the hole intersected 0.93 g/t Au over 15.0 m from 134 m, including 3.22 g/t Au over 3.0 m from 140 m.
  • Hole TORC032 intersected 1.67 g/t Au over 17.0 m from 131 m, including 18.17 g/t Au over 1.0 m from 131 m and a second zone with 3.36 g/t Au over 5.0 m from 105 m.
  • Drilling on a series of sub-parallel structures intersected shallow oxide mineralisation:
  • Hole TORC048 intersected 0.40 g/t Au over 32.0 m from surface, including 2.10 g/t Au over 3.0 m from 27 m and a second zone with 0.74 g/t Au over 8.0 m from 87 m.
  • Hole TORC047 intersected 1.20 g/t Au over 10.0 m from surface, including 4.26 g/t Au over 2.0 m from 1 m and a second zone with 0.99 g/t Au over 4.0 m from 26 m.

“These results are the continuation of the results we released last month, confirming and expanding one of three new discoveries at our Enchi Gold Project,” President and CEO, Luke Alexander, said.

“These results and new discoveries confirm the potential for Enchi to host additional deposits. Drilling at Tokosea has successfully delineated high-grade, wide zones of mineralisation near surface with drilling on the target having only tested mineralisation to an average vertical depth of 75 m.

“We have now defined mineralisation across a strike length of four-km, with only a small portion of this six-km-long anomaly tested to date.

“Enchi’s 216 sq. km land package covers 40 km of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold deposits.

“We look forward to continuing our systematic approach to exploration and defining the potential of our district scale Enchi Gold Project through the drill bit.”

For further information please visit: https://newcoregold.com/

Tags: ExplorationGhanaGoldPrecious MetalsTSXV:NCAU
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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