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

Original announcement by tmx on Dec 16, 2025

Bullish

Company: Newcore Gold Ltd.
Ticker: NCAU
Exchange: TSX
Region: Ghana
Primary commodity: Gold
Secondary commodities: None reported
Document categories: Drill results, Resource update
Extracted: 2026-08-21 03:50:52 UTC

Minestarters Atlas analysis

Summary

Newcore Gold has announced positive RC drill results from the Boin Gold Deposit at the Enchi Gold Project in Ghana. The drilling intersected multiple zones of near-surface gold mineralization, including a 3.16 g/t Au over 3.0 m intercept, confirming continuity and supporting the company's resource growth and conversion objectives.

Reasoning: The drill results confirm continuity of gold mineralization at the Boin deposit with several high-grade intercepts, supporting resource expansion and conversion goals.

Positive factors

Strong continuity of gold mineralization
High-grade intercepts in shallow fresh mineralization
98% of holes intersecting gold

Negative factors

Apparent width only (true width estimated at 75-85%)

Facts used in scoring: 14

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions systematic insertion of blanks, standards and duplicates.

Evidence · text

“Analytical quality assurance and quality control procedures include the systematic insertion of blanks, standards and duplicates”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Intervals reported are hole lengths with true width estimated to be 75-85%.

Evidence · text

“Intervals reported are hole lengths with true width estimated to be 75 - 85%”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Drill Results (14)

KBRC368Enchi Gold Project · goldGrade: 0.78Grade Unit: g/tIntercept: 16 mView all details

Link to this fact

Identity

Hole ID: KBRC368
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 0.78
Grade Unit: g/t
Intercept: 16 m
From: 16 m
To: 32 m

Classification

Sample Type: drill
Group ID: KBRC368:16.0-32.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 16m intercept at 0.78 g/t Au shows good continuity.

Positive factors

Significant width

Negative factors

Moderate grade

Evidence · table

“0.78”

Context: 16.0

KBRC368Enchi Gold Project · goldGrade: 8.17Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: KBRC368
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 8.17
Grade Unit: g/t
Intercept: 1 m
From: 31 m
To: 32 m

Classification

Sample Type: drill
Group ID: KBRC368:31.0-32.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: High grade intercept of 8.17 g/t Au.

Positive factors

Bonanza Intercept

Evidence · table

“8.17”

Context: 1.0

KBRC370Enchi Gold Project · goldGrade: 3.16Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: KBRC370
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 3.16
Grade Unit: g/t
Intercept: 3 m
From: 62 m
To: 65 m

Classification

Sample Type: drill
Group ID: KBRC370:62.0-65.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 3.16 g/t Au over 3m is a strong intercept.

Positive factors

Strong grade

Evidence · table

“3.16”

Context: 3.0

KBRC369Enchi Gold Project · goldGrade: 0.51Grade Unit: g/tIntercept: 18 mView all details

Link to this fact

Identity

Hole ID: KBRC369
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 0.51
Grade Unit: g/t
Intercept: 18 m
From: 44 m
To: 62 m

Classification

Sample Type: drill
Group ID: KBRC369:44.0-62.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 18m intercept at 0.51 g/t Au shows continuity.

Positive factors

Significant width

Evidence · table

“0.51”

Context: 18.0

KBRC369Enchi Gold Project · goldGrade: 3.29Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: KBRC369
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 3.29
Grade Unit: g/t
Intercept: 2 m
From: 44 m
To: 46 m

Classification

Sample Type: drill
Group ID: KBRC369:44.0-46.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: High grade sub-interval of 3.29 g/t Au.

Positive factors

High grade

Evidence · table

“3.29”

Context: 2.0

KBRC371Enchi Gold Project · goldGrade: 0.89Grade Unit: g/tIntercept: 6 mView all details

Link to this fact

Identity

Hole ID: KBRC371
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 0.89
Grade Unit: g/t
Intercept: 6 m
From: 52 m
To: 58 m

Classification

Sample Type: drill
Group ID: KBRC371:52.0-58.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 6m intercept at 0.89 g/t Au.

Evidence · table

“0.89”

Context: 6.0

KBRC371Enchi Gold Project · goldGrade: 2.37Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: KBRC371
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 2.37
Grade Unit: g/t
Intercept: 2 m
From: 52 m
To: 54 m

Classification

Sample Type: drill
Group ID: KBRC371:52.0-54.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: Higher grade sub-interval of 2.37 g/t Au.

Positive factors

Strong grade

Evidence · table

“2.37”

Context: 2.0

KBRC372Enchi Gold Project · goldGrade: 1.65Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: KBRC372
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 1.65
Grade Unit: g/t
Intercept: 3 m
From: 14 m
To: 17 m

Classification

Sample Type: drill
Group ID: KBRC372:14.0-17.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 3m intercept at 1.65 g/t Au.

Evidence · table

“1.65”

Context: 3.0

KBRC372Enchi Gold Project · goldGrade: 0.47Grade Unit: g/tIntercept: 11 mView all details

Link to this fact

Identity

Hole ID: KBRC372
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 0.47
Grade Unit: g/t
Intercept: 11 m
From: 45 m
To: 56 m

Classification

Sample Type: drill
Group ID: KBRC372:45.0-56.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 11m intercept at 0.47 g/t Au.

Positive factors

Significant width

Evidence · table

“0.47”

Context: 11.0

KBRC367Enchi Gold Project · goldGrade: 2.59Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: KBRC367
Project: Enchi Gold Project
Commodity: gold
Region: ghana
Reported Region: Ghana
Ticker: NCAU

Geometry

Grade: 2.59
Grade Unit: g/t
Intercept: 2 m
From: 82 m
To: 84 m

Classification

Sample Type: drill
Group ID: KBRC367:82.0-84.0
Mining Method: open_pit

QA/QC

Laboratory: Intertek Labs
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: 2m intercept at 2.59 g/t Au.

Positive factors

Strong grade

Evidence · table

“2.59”

Context: 2.0

Fact 11goldGrade: 0.62Grade Unit: g/tView all details

Link to this fact

Identity

Commodity: gold
Ticker: NCAU

Geometry

Grade: 0.62
Grade Unit: g/t

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: Existing Indicated resource for Boin deposit.

Evidence · text

“Indicated Mineral Resource of 13.0 million tonnes grading 0.62 g/t Au containing 258,200 ounces”

Fact 12goldGrade: 0.68Grade Unit: g/tView all details

Link to this fact

Identity

Commodity: gold
Ticker: NCAU

Geometry

Grade: 0.68
Grade Unit: g/t

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: Existing Inferred resource for Boin deposit.

Evidence · text

“Inferred Mineral Resource of 15.9 million tonnes grading 0.68 g/t Au containing 349,600 ounces”

Fact 13goldGrade: 0.55Grade Unit: g/tView all details

Link to this fact

Identity

Commodity: gold
Ticker: NCAU

Geometry

Grade: 0.55
Grade Unit: g/t

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: Total Enchi Gold Project Indicated resource.

Evidence · text

“Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au containing 743,500 ounces gold”

Fact 14goldGrade: 0.65Grade Unit: g/tView all details

Link to this fact

Identity

Commodity: gold
Ticker: NCAU

Geometry

Grade: 0.65
Grade Unit: g/t

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2025-12-16T00:00:00.000Z

Reasoning: Total Enchi Gold Project Inferred resource.

Evidence · text

“Inferred Mineral Resource of 46.6 million tonnes grading 0.65 g/t Au containing 972,000 ounces”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.