Newcore Gold is steadily advancing its Enchi Gold Project in Ghana, a district-scale asset that has attracted significant attention from investors due to its extensive mineral resource potential. The latest drilling campaign, part of a 35,000‐metre program focused on both infill and exploration drilling, has yielded promising intersections that further validate the continuity and scale of gold mineralization in the project’s key zones.
At the Sewum Gold Deposit, drilling has delineated multiple near-surface zones of gold mineralization across both oxide and sulphide horizons. Results from one drill hole revealed intervals of approximately 0.70 g/t gold over 20 metres in the oxide zone and 0.73 g/t over 68 metres in the transition to upper sulphide zone. Additional holes in the same area confirmed the presence of significant gold grades, with one hole returning 1.39 g/t over 24 metres, including a high-grade segment of 6.56 g/t over 4 metres. Such intersections indicate that the deposit remains robust, with near-surface mineralization that is consistent across several widely spaced sections.
The drilling program, which has reported results from 21 reverse circulation (RC) holes totaling 2,546 metres at Sewum alone, underscores a strategic focus on converting inferred resources to the indicated category. This step is crucial as Newcore prepares to commission a pre-feasibility study later this year. The firm’s emphasis on resource conversion is designed to reduce geological uncertainty, thereby enhancing the project’s bankability and supporting its broader development objectives. For further technical details, interested parties may review published technical reports on SEDAR. 
In the Checkerboard Hill area, drilling efforts concentrated on resource conversion have yielded several positive results. One drill hole intercepted an 81-metre interval of mineralization with an average grade of 0.40 g/t gold from near surface. Additional holes further north have reported grades in excess of 1.24 g/t over shorter intervals, reinforcing the potential for resource growth in the deposit. Meanwhile, drilling in the Sewum Extension area has revealed wide zones of gold mineralization near surface. Intercepts include a 49-metre interval averaging 0.74 g/t gold, with a higher-grade slice of approximately 1.57 g/t over 11 metres, confirming the potential for expanding the resource base beyond current pit constraints.
Across the project, Newcore’s drilling strategy is tailored to improve the confidence level of the existing Mineral Resource Estimate. The company’s approach of closely spaced infill drilling—every 25 metres along 50-metre sections—ensures that continuity of mineralization is rigorously tested along a strike length of over 2.2 kilometres. These efforts are complemented by ancillary exploration activities, such as drone topographic surveys, airborne magnetic surveys, and extensive soil sampling. These initiatives provide a detailed understanding of the deposit geometry and help pinpoint areas with untapped potential.
The Enchi Gold Project’s technical parameters, including an indicated resource of roughly 41.7 million tonnes grading 0.55 g/t gold and an inferred resource of 46.6 million tonnes at 0.65 g/t, are set against rigorous industry standards such as those outlined in NI 43-101. Independent qualified persons have verified the drill data, ensuring that the results meet the high standards required by global investors. For additional context on resource estimation practices, CIM guidelines serve as a valuable reference.
