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Newcore Gold Intersects 1.52 g/t Gold Over 28.0 Metres, Including 3.58 g/t Gold Over 10.0 Metres, at the Enchi Gold Project, Ghana
VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU) is pleased to announce additional re
About this update from Newcore Gold Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. (\"Newcore\" or the \"Company\") (TSX-V: NCAU) is pleased to announce additional results from the drill program underway on the Company’s 100% owned Enchi Gold Project (\"Enchi\" or the \"Project\") in Ghana. Drilling has intersected 1.52 grams per tonne gold (\"g/t Au\") over 28.0 metres (\"m\") from surface, including 3.58 g/t Au over 10.0 m, with drilling successfully intersecting shallow oxide and deeper sulphide gold mineralization at the Sewum Gold Deposit (\"Sewum\") at Enchi. Highlights Drilling at Sewum has successfully intersected both shallow oxide and deeper sulphide gold mineralization outside of the currently defined mineral resource. Highlights from holes drilled at Sewum include: Hole SWRC073 intersected 1.52 g/t Au over 28.0 m from surface, including 3.58 g/t Au over 10.0 m from 15 m to 28 m (oxide zone). Hole SWRC076 intersected 0.91 g/t Au over 49.0 m from 39 m to 88 m (oxide zone), as well as 3.04 g/t Au over 16.0 m from 104 m to 120 m (sulphide zone) and remains open at depth. As announced on November 5, 2020, Newcore’s 58,000 metre discovery and resource expansion drilling program at Enchi will focus on three main objectives: 1) drilling extensions to the Boin, Nyam and Sewum resource zones; 2) drilling previously drilled zones that are outside of current resources including Kojina Hill, Kwakyekrom and Eradi; and 3) first pass discovery drilling to test a series of kilometre-scale gold-in-soil and geophysical anomalous zones with no prior drilling. Luke Alexander, President & CEO of Newcore stated, \"We are very pleased with this first set of drill results from Sewum, one of the gold deposits at Enchi that currently hosts a significant portion of our Inferred Mineral Resource. These results highlight the potential extension of shallow, oxide gold mineralization along strike of the currently defined resource area at Sewum and the potential for increasing gold grades at depth in sulphide zones. With our significantly expanded 58,000 metre drill program ramping up, and additional drill rigs being added over the next several months, I look forward to accelerating resource growth at Enchi while also testing high priority gold targets across the 216km2 property to prove out the multi-million ounce potential of the Project.\" Gre...