Newcore Gold Ltd. (TSXV: NCAU | OTCQX: NCAUF) has announced additional drill results from the 35,000m drill programme underway at the company’s 100% owned Enchi Gold Project, Ghana.
The company has reported results for 21 RC holes totalling 2,546m (SWRC204 to SWRC224) targeting the Sewum Gold Deposit, with all holes intersecting gold mineralization. A total of 13,178m in 108 holes have been reported as part of the ongoing 2024-2025 drill programme at Enchi.
Luke Alexander, president, and CEO of Newcore stated, “The 35,000m drill programme underway at Enchi continues to deliver strong results. These results from Sewum, the largest deposit currently defined at Enchi, highlight both the positive continuity of near-surface mineralization as well as the strong potential for future resource growth across the project.”
Shallow reverse circulation (RC) drilling at the Sewum Gold Deposit intersected multiple zones of gold mineralization, with hole SWRC213 intersecting 0.73g/t Au over 68.0m from 62m, hole SWRC223 intersecting 0.74g/t Au over 49m from 18m, and hole SWRC208 intersecting 1.39g/t Au over 24.0m from 22m, including a higher-grade interval of 6.56g/t over 4.0m from 26m.
“We are thrilled to be fully funded to continue to deliver value through the drill bit, with drilling focused on resource growth and conversion, and high-priority exploration targets, while concurrently continuing to advance the development of the project with commissioning of a pre-feasibility study later this year.” Added Luke.
The current drill programme is targeting near-surface oxide and shallow sulphide mineralization with a primary goal of infill drilling for resource conversion to improve the confidence level of the existing mineral resource estimate. Improving the confidence level of the mineral resource estimate at Enchi is a key component of the development work required to be completed in advance of commissioning a pre-feasibility study for the project.
To find out more, please visit www.newcoregold.com
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