| Announcement Date: | 2022-01-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Newcore Gold Ltd. |
| Project name: | Enchi |
| Location: | Ghana |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 24.0m @ 1.79g/t Au from 38.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, BC – Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce additional drill results from the 90,000 metre drill program underway at the Company’s 100% owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. Reverse Circulation (“RC”) drilling at the Nyam Gold Deposit (“Nyam”) at Enchi has intersected high-grade oxide gold mineralization near surface grading 1.79 grams per tonne gold (“g/t Au”) over 24.0 metres (“m”) from 38 m. RC drilling at the Kwakyekrom Gold Deposit (“Kwakyekrom”) intersected 0.99 g/t Au over 29.0 m from 81 m, extending the drill-tested gold mineralization at Kwakyekrom by 500 metres to the north. This news release reports results for 37 RC holes totalling 5,447 m, including 18 RC holes totalling 2,319 m (NBRC090 to NBRC107) targeting the Nyam Gold Deposit and 19 RC holes totalling 3,128 m (KKRC066 to KKRC084) targeting the Kwakyekrom Gold Deposit. 33 of the 37 RC holes intersected gold mineralization. |
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