Newcore Gold Drilling Update for Enchi Gold Project in Ghana

Newcore Gold Ltd has provided an update on the work program underway at the Company’s 100% owned Enchi Gold Project in Ghana, including additional results
Newcore Gold Drilling Update for Enchi Gold Project in Ghana
Newcore Gold Enchi ProjectNewcore Gold

Newcore Gold Ltd has provided an update on the work program underway at the Company’s 100% owned Enchi Gold Project in Ghana, including additional results from the ongoing 58,000 metre drill program and results of metallurgical testwork. Drilling has intersected 1.27 grams per tonne gold over 27.0 metres from 27 m at the Boin Gold Deposit at Enchi, with results extending Boin along strike. Newcore is also pleased to announce positive metallurgical results from bottle roll tests completed on the Boin and Sewum Gold Deposits, with samples achieving an average gold recovery of 89.4%.

Highlights

Drill results from the additional holes drilled at Boin include:

Hole KBRC163 intersected 1.27 g/t Au over 27.0 m from 27 m to 54 m (oxide zone).

Hole KBRC169 intersected 1.41 g/t Au over 14.0 m from 55 m to 69 m, including 2.86 g/t Au over 6.0 m from 62 m to 68 m (oxide zone).

Hole KBRC175 intersected 0.65 g/t Au over 22.0 m from 67 m to 89 m (oxide zone).

Metallurgical testing returned an average gold recovery of 89.4%. Bottle roll testing completed on material from the Boin and Sewum Gold Deposits.

Drilling on the Project continues with three rigs currently on site, and an additional two rigs anticipated to be on-site by the end of January.

Luke Alexander, President & CEO of Newcore stated, "We continue to have strong results from the drilling that is underway at our Enchi Gold Project in Ghana. These results followed-up on the initial positive results we released in 2020 from Boin and continue to extend the deposit along strike, reinforcing the potential for resource growth at our existing deposits at Enchi. To date we have released results for less than 25% of the total planned 58,000 metre program that is underway, and as such we look forward to continuing to prove out the potential of our district-scale Project."

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