GLongest Gold Intercept Drilled At Enchi Gold Project


VANCOUVER - Newcore Gold Ltd. reported results from the drill program underway on the Enchi Gold Project in Ghana. Drilling has intersected 0.73 grams per tonne gold ("g/t Au") over 62.0 meters ("m"), including 3.18 g/t Au over 7.0 m, with drilling successfully intersecting the upper portion of the sulphide mineralization below the shallow oxide gold mineralization at the Boin Gold Deposit at Enchi. Highlights: Drilling at Boin has successfully intersected both shallow oxide gold mineralization and sulphide gold mineralization outside of the currently defined mineral resource; and Results include the deepest and longest interval drilled to date at Boin, with the deposit remaining open for expansion along strike and to depth.

Highlights from holes drilled at Boin include: Hole KBRC159 intersected 0.73 g/t Au over 62.0 m from 178 m to 240 m (open), including 3.18 g/t Au over 7.0 m from 199 m to 206 m; Hole KBRC153 intersected 1.21 g/t Au over 18.0 m from 42 m to 60 m; and Hole KBRC158 intersected 1.41 g/t Au over 14.0 m from 77 m to 91 m.

Luke Alexander, President & CEO, said, "We are very pleased with the on-going results from the drill program underway at our Enchi Gold Project in Ghana. This next set of results continues to define the potential for resource expansion from near surface oxide mineralization at Boin, while also providing a better geological understanding of the deposit. This drilling included the deepest and longest interval drilled to date at Boin, with a vertical depth of only 175 meters, providing important geological information to guide future diamond drilling to test the potential for resource expansion at depth. As we continue to advance the drill program, testing areas with known resources as well as high-priority targets yet to be drill tested, we look forward to proving out the district scale potential that exists across the 216 km2 property."