Newcore Gold (TSXV: NCAU) has announced new drilling results from its 35,000m drill programme at the Enchi Gold Project in Ghana, highlighting near-surface oxide gold mineralization at the Sewum Gold Deposit.
Key intercepts include 0.89g/t gold over 33.0m from 1m depth, and 3.98g/t gold over 6.0m from 2m depth, including a higher-grade interval of 22.62g/t gold over 1.0m from 7m. The results confirm multiple sub-parallel gold-bearing structures near surface within the oxide and transition zones, demonstrating strong continuity of mineralization.
The new drilling has extended the known mineralized footprint at Sewum to approximately 800m in strike length and up to 250m in width, with mineralization encountered to depths of up to 120m.
Sewum is currently the largest deposit at Enchi and hosts an indicated mineral resource of 20.9Mt at 0.48g/t gold containing 323,300oz, and an inferred resource of 21.8Mt at 0.53g/t gold containing 373,100oz.
Newcore’s ongoing programme is focused on resource expansion and upgrade, targeting both the extension of existing deposits and the conversion of Inferred resources to the Indicated category.
The company has reported a 98% success rate in intersecting gold mineralization during this drill campaign. The results continue to support the potential for a large-scale, shallow, open-pit, heap leach operation at Enchi, with a pre-feasibility study planned for 2026.
For more information, visit www.newcoregold.com
To read more articles like this, please visit www.theassay.com/news
