Business
Newcore Gold Drilling Intersects 3.51 g/t Gold over 21.0 Metres, Including 5.91 g/t Gold over 9.0 Metres, at the Enchi Gold Project, Ghana
Diamond Drilling at the Nyam Gold Deposit Intersects High-Grade Gold Mineralization, Below the Limits of the Pits that Constrain the Mineral Reserves

About this update from Newcore Gold Ltd.
Diamond Drilling at the Nyam Gold Deposit Intersects High-Grade Gold Mineralization, Below the Limits of the Pits that Constrain the Mineral Reserves VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce additional drill results from the 80,000-metre drill program underway at the Company’s Enchi Gold Project ("Enchi" or the "Project") in Ghana. Diamond Drilling ("DD") at the Nyam Gold Deposit ("Nyam") encountered high-grade gold mineralization in the upper fresh mineralization, below the limits of the pits that constrain the Mineral Reserves. Hole NBDD086 intersected 3.51 grams per tonne gold ("g/t Au") over 21.0 metres ("m") from 245 m, including 5.91 g/t Au over 9.0 m from 251 m. Drilling continues to demonstrate the continuity of gold mineralization and potential for resource growth at Enchi. Results from drilling completed in 2026, including drilling targeting higher-grade mineralization at depth, are expected to be incorporated into future project economic studies and may support further mine plan optimization. Highlights from Diamond Drilling at the Nyam Gold Deposit at Enchi Drilling intersected high-grade gold mineralization above the mineral reserve grade and below the limits of the pits that constrain the Mineral Reserves. Diamond drill hole NBDD086 intersected 3.51 g/t Au over 21.0 m from 245 m, with a higher-grade interval of 5.91 g/t Au over 9.0 m from 251 m. Hole NBDD085 intersected 1.61 g/t Au over 14.0 m from 278 m, with a higher-grade interval of 2.94 g/t Au over 7.0 m from 284 m. Diamond drilling tested the down dip and lateral extensions to high-grade gold mineralization previously identified at Nyam. Hole NBDD080 intersected 1.40 g/t Au over 21.0 m from 317 m, including 2.08 g/t Au over 11.0 m from 319 m. Hole NBDD081 intersected 0.98 g/t Au over 28.0 m from 254 m, including 1.61 g/t Au over 8.0 m from 258 m and 2.19 g/t Au over 5.0 m from 277 m. Drill results not included in Mineral Resource Estimate and Pre-Feasibility Study, with drilling continuing to highlight Enchi’s longer-term prospectivity. Drilling reported in this news release targeted mineralization to depth and reached a maximum vertical depth of 300 metres. The average vertical depth of all holes drilled to date at Nyam is only down to 100 metres. All deposits at Enc...