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Newcore Gold Intersects 1.67 g/t Gold Over 47.0 Metres, Including 3.63 g/t Gold Over 10.0 Metres, at the Enchi Gold Project, Ghana
VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU) is pleased to announce the first se
About this update from Newcore Gold Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. (\"Newcore\" or the \"Company\") (TSX-V: NCAU) is pleased to announce the first set of results from the 8,000 metre drill program underway on the Company’s 100% owned Enchi Gold Project (\"Enchi\" or the \"Project\"), in southwest Ghana. Drilling has successfully intersected shallow oxide gold mineralization outside of the currently defined resource area, supporting the potential for resource expansion at the Project. Enchi hosts a pit constrained National Instrument 43-101 (\"NI 43-101\") Inferred Mineral Resource of 52.9 million tonnes grading 0.72 g/t Au containing 1.22 million ounces gold (see Newcore news release dated September 14, 2020, the Company will file a NI 43-101 compliant technical report in support of the disclosure contained in that news release on or before October 29, 2020). Highlights To date, 22 drill holes have been completed of a planned 60-hole, 8,000 metre drill program, with assay results having been received for 13 drill holes Drilling at the Boin Gold Deposit (\"Boin\") has successfully intersected shallow oxide gold mineralization outside of the currently defined resource area. Boin remains open for expansion along strike and to depth Highlights from holes drilled at Boin include:o Hole KBRC141 intersected 1.67 grams per tonne gold (\"g/t Au\") over 47.0 metres (\"m\") from 48 m to 95 m, including 3.63 g/t Au over 10.0 m from 75 m to 85 mo Hole KBRC151 intersected 2.30 g/t Au over 11.0 m from 9 m to 20 mo Hole KBRC146 intersected 0.92 g/t Au over 32.0 m from 30 m to 62 m, including 1.78 g/t Au over 12.0 m from 42 m to 54 m Luke Alexander, President & CEO of Newcore stated, \"We are extremely pleased with the first set of results from the drill program at Enchi. The initial results confirm the potential extension of shallow, oxide gold mineralization beyond the limits of the currently defined resource area. Boin remains open for potential resource expansion along strike and to depth and is the first of six areas we are targeting as part of this drill program. We look forward to proving out the district scale potential at Enchi as we receive additional results from resource expansion drilling and drill testing of new high priority gold targets across the 216 km2 property.\" The 13 holes highlighted in this news relea...