Newcore Gold Drilling Intersects 4.41 g/t Gold over 24.0 Metres, including 9.08 g/t Gold over 10.0 Metres, at the Enchi Gold Project, Ghana

Core Viewpoint - Newcore Gold Ltd. has reported significant drill results from its ongoing 35,000-metre drill program at the Enchi Gold Project in Ghana, highlighting wide zones of higher-grade gold mineralization at the Boin Gold Deposit, indicating strong continuity and potential for resource growth [1][4][15]. Drilling Results - The recent drilling at the Boin Gold Deposit included hole KBRC357, which intersected 4.41 grams per tonne gold over 24.0 metres, with a higher-grade interval of 9.08 g/t Au over 10.0 m [1][5][7]. - Hole KBRC360 intersected 1.58 g/t Au over 52.0 m, including a higher-grade interval of 3.04 g/t Au over 16.0 m [1][5][11]. - A total of 11 RC holes were reported, totaling 2,042 m, with all holes intersecting gold mineralization [4][10][13]. Resource Growth Strategy - The drill program aims to convert Inferred Resources to Indicated, with the first phase focused on resource conversion ahead of a Pre-Feasibility Study [2][15]. - The second phase will target discovery and resource growth, including deeper exploration and earlier-stage targets [2][15]. Project Potential - The company believes that the current drilling has only begun to define the potential of the Enchi Gold Project, comparing it to other multi-million-ounce gold mines in the region [4][17]. - Approximately 40% of the gold-in-soil anomaly at Boin remains untested, with the average depth of drilling only reaching 100 metres [17][21]. Mineral Resource Estimate - The Boin Gold Deposit has an Indicated Mineral Resource of 13.0 million tonnes grading 0.62 g/t Au, containing 258,200 ounces, and an Inferred Mineral Resource of 15.9 million tonnes grading 0.68 g/t Au, containing 349,600 ounces [17][21]. - The overall Enchi Gold Project hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au, containing 743,500 ounces, and an Inferred Mineral Resource of 46.6 million tonnes grading 0.65 g/t Au, containing 972,000 ounces [21]. Ongoing Exploration and Development - Additional exploration activities include metallurgical testwork, trenching, hydrogeological testing, and soil sampling to further define early-stage targets [16][24]. - Drone surveys have been completed to enhance topographic information for improving the confidence level of the Mineral Resource Estimate [16].