Newcore Gold Drilling Intersects 3.16 g/t Gold over 3.0 Metres from 62 Metres and 0.78 g/t Gold over 16.0 Metres from 16 Metres, at the Enchi Gold Project, Ghana

Core Viewpoint - Newcore Gold Ltd. has reported positive drill results from its ongoing 45,000-metre drill program at the Enchi Gold Project in Ghana, indicating strong continuity of gold mineralization and potential for resource expansion at the Boin Gold Deposit [1][4][10]. Drilling Results - The recent drilling at the Boin Gold Deposit included multiple intersections of near-surface gold mineralization, with notable results such as hole KBRC370 intersecting 3.16 grams per tonne gold over 3.0 metres and hole KBRC368 intersecting 0.78 g/t Au over 16.0 metres, including a higher-grade interval of 8.17 g/t Au over 1.0 metre [1][5][6]. - A total of 6 reverse circulation (RC) holes were reported, totaling 550 metres, with all holes intersecting gold mineralization, and approximately 98.7% of the 237 holes drilled in the ongoing program have intersected gold [4][6][10]. Drill Program Phases - The drill program is in its second phase, focusing on resource growth and infill drilling to convert Inferred Resources to Indicated, with the first phase completed and results being prepared for a Pre-Feasibility Study expected in early 2026 [3][4][10]. - The second phase will also include diamond drilling to target higher-grade potential at depth, with initial results anticipated in early 2026 [4][10]. Resource Estimates - 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 [12][16]. - 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 [16]. Development Activities - In addition to drilling, the company is conducting various development activities in support of the Pre-Feasibility Study, including metallurgical testwork, hydrogeological testing, geotechnical work, and environmental assessments [11][19].