# 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 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132 Original source: https://money.tmx.com/en/quote/NCAU/news/5759831595737498/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g Publisher: tmx Original announcement: 2026-06-30T10:02:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Newcore Gold Ltd. - Ticker: NCAU - Exchange: TSX - Region: Ghana - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-08-20 21:19:22 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Newcore Gold announced high-grade drill results from its Enchi Gold Project in Ghana, highlighted by 3.51 g/t gold over 21.0 metres, including 5.91 g/t gold over 9.0 metres. These diamond drilling results from the Nyam Gold Deposit extend mineralization at depth below current mineral reserve pit limits, supporting potential for resource growth and future economic studies. The company confirmed standard QA/QC procedures and Qualified Person sign-off for the reported assays. Reasoning: Newcore Gold reported several high-grade gold intercepts, including 3.51 g/t Au over 21.0 metres and 5.91 g/t Au over 9.0 metres, from its Enchi Gold Project in Ghana. These results extend mineralization at depth below existing pit limits, indicating strong potential for resource growth and future mine plan optimization. QA/QC procedures were disclosed, and a Qualified Person signed off on the results, though true widths are estimated and cut-off grades for compositing were not explicitly stated. - Positive factor: high\_grade\_intercepts - Positive factor: extension\_at\_depth - Positive factor: resource\_growth\_potential - Positive factor: qaqc\_disclosed - Positive factor: qp\_signed - Negative factor: true\_width\_estimated - Negative factor: cutoff\_undisclosed Facts used in scoring: 9 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 5.91 g/t Au over 9.0 m in NBDD086 is an exceptional grade for an open-pit gold deposit, well above the 5 g/t threshold. Evidence · table > 5.91 Context: 9.0 **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling targeted high-grade mineralization at depth and successfully intersected gold mineralization below the reserve pits, extending the known mineralized system. Evidence · text > Drilling intersected high-grade gold mineralization above the mineral reserve grade and below the limits of the pits that constrain the Mineral Reserves. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release explicitly mentions the systematic insertion of blanks, standards, and duplicates, and samples being shipped to Intertek Labs for assay. Evidence · text > Analytical quality assurance and quality control procedures include the systematic insertion of blanks, standards and duplicates into the sample strings. Samples are placed in sealed bags and shipped directly to Intertek Labs located in Tarkwa, Ghana for 50 gram gold fire assay. **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Mr. Gregory Smith, P. Geo, Vice President of Exploration at Newcore, is stated as a Qualified Person within the meaning of NI 43-101 and approved the technical information. Evidence · text > Mr. Gregory Smith, P. Geo, Vice President of Exploration at Newcore, is a Qualified Person within the meaning of NI 43-101. Mr. Smith has reviewed and approved the scientific and technical information contained in this news release **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document states that intervals are hole lengths and true width is only estimated to be 75-85%, without providing specific true width values for each intercept. Evidence · text > Intervals reported are hole lengths with true width estimated to be 75 - 85% **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: The release mentions 'Length-weighted averages from uncut assays' but does not specify a cut-off grade used for reporting the mineralized intervals. Evidence · text > Length-weighted averages from uncut assays. **Resource Update** Polarity: neutral Story-specific tag Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The drill results are part of an ongoing program that will be incorporated into future project economic studies and may support further mine plan optimization, implying a future resource update. Evidence · text > 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. **PFS-Supporting** Polarity: neutral Story-specific tag Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: The results are explicitly stated to be incorporated into future project economic studies and support further mine plan optimization, following a recently completed PFS. Evidence · text > 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. ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (9) ### NBDD086 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-0) Enchi Gold Project · gold #### Identity - Hole ID: NBDD086 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 3.51 - Grade Unit: g/t - Intercept: 21 m - From: 245 m - To: 266 m - Hole Depth: 335 m - Intercept Depth: 245 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530315 - Northing: 637180 - CRS: UTM - Elevation: 103 m - Azimuth: 300 ° - Dip: -54 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: Intercept of 3.51 g/t Au over 21.0 m is a strong grade for an open-pit scenario and represents a strong grade-width product \(73.71 g/t·m\), extending mineralization at depth. - Positive factor: strong\_grade - Positive factor: strong\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 3.51 Context: 21.0 ### NBDD086 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-1) Enchi Gold Project · gold #### Identity - Hole ID: NBDD086 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 5.91 - Grade Unit: g/t - Intercept: 9 m - From: 251 m - To: 260 m - Hole Depth: 335 m - Intercept Depth: 251 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530315 - Northing: 637180 - CRS: UTM - Elevation: 103 m - Azimuth: 300 ° - Dip: -54 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: High-grade sub-interval of 5.91 g/t Au over 9.0 m is an exceptional grade for an open-pit scenario and represents a strong grade-width product \(53.19 g/t·m\), indicating bonanza-grade mineralization. - Positive factor: exceptional\_grade - Positive factor: strong\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 5.91 Context: 9.0 ### NBDD080 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-2) Enchi Gold Project · gold #### Identity - Hole ID: NBDD080 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 1.4 - Grade Unit: g/t - Intercept: 21 m - From: 317 m - To: 338 m - Hole Depth: 452 m - Intercept Depth: 317 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530413 - Northing: 637260 - CRS: UTM - Elevation: 104 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: Intercept of 1.40 g/t Au over 21.0 m is a moderate grade for an open-pit scenario and represents a moderate grade-width product \(29.4 g/t·m\), contributing to depth extension. - Positive factor: moderate\_grade - Positive factor: moderate\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 1.40 Context: 21.0 ### NBDD080 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-3) Enchi Gold Project · gold #### Identity - Hole ID: NBDD080 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 2.08 - Grade Unit: g/t - Intercept: 11 m - From: 319 m - To: 330 m - Hole Depth: 452 m - Intercept Depth: 319 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530413 - Northing: 637260 - CRS: UTM - Elevation: 104 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: High-grade sub-interval of 2.08 g/t Au over 11.0 m is a strong grade for an open-pit scenario, though the grade-width product \(22.88 g/t·m\) is weak, still indicating good mineralization at depth. - Positive factor: strong\_grade - Positive factor: weak\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 2.08 Context: 11.0 ### NBDD081 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-4) Enchi Gold Project · gold #### Identity - Hole ID: NBDD081 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 0.98 - Grade Unit: g/t - Intercept: 28 m - From: 254 m - To: 282 m - Hole Depth: 417 m - Intercept Depth: 254 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530328 - Northing: 637137 - CRS: UTM - Elevation: 108 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: Intercept of 0.98 g/t Au over 28.0 m is a moderate grade for an open-pit scenario, though the grade-width product \(27.44 g/t·m\) is weak, still indicating continuity of mineralization at depth. - Positive factor: moderate\_grade - Positive factor: weak\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 0.98 Context: 28.0 ### NBDD081 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-5) Enchi Gold Project · gold #### Identity - Hole ID: NBDD081 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 1.61 - Grade Unit: g/t - Intercept: 8 m - From: 258 m - To: 266 m - Hole Depth: 417 m - Intercept Depth: 258 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530328 - Northing: 637137 - CRS: UTM - Elevation: 108 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: High-grade sub-interval of 1.61 g/t Au over 8.0 m is a strong grade for an open-pit scenario, though the grade-width product \(12.88 g/t·m\) is weak, still indicating good mineralization at depth. - Positive factor: strong\_grade - Positive factor: weak\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 1.61 Context: 8.0 ### NBDD081 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-6) Enchi Gold Project · gold #### Identity - Hole ID: NBDD081 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 2.19 - Grade Unit: g/t - Intercept: 5 m - From: 277 m - To: 282 m - Hole Depth: 417 m - Intercept Depth: 277 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530328 - Northing: 637137 - CRS: UTM - Elevation: 108 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: High-grade sub-interval of 2.19 g/t Au over 5.0 m is a strong grade for an open-pit scenario, though the grade-width product \(10.95 g/t·m\) is weak, still indicating good mineralization at depth. - Positive factor: strong\_grade - Positive factor: weak\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 2.19 Context: 5.0 ### NBDD085 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-7) Enchi Gold Project · gold #### Identity - Hole ID: NBDD085 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 1.61 - Grade Unit: g/t - Intercept: 14 m - From: 278 m - To: 292 m - Hole Depth: 369.2 m - Intercept Depth: 278 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530343 - Northing: 637168 - CRS: UTM - Elevation: 40 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: Intercept of 1.61 g/t Au over 14.0 m is a strong grade for an open-pit scenario, though the grade-width product \(22.54 g/t·m\) is weak, still indicating good mineralization at depth. - Positive factor: strong\_grade - Positive factor: weak\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 1.61 Context: 14.0 ### NBDD085 [Link to this fact](https://atlas-staging.minestarters.com/news/newcore-gold-drilling-intersects-3-51-g-t-gold-over-21-0-metres-including-5-91-g--f0229ffc-52a2-4113-8206-ad7394e5f132#fact-drill-facts-8) Enchi Gold Project · gold #### Identity - Hole ID: NBDD085 - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Geometry - Grade: 2.94 - Grade Unit: g/t - Intercept: 7 m - From: 284 m - To: 291 m - Hole Depth: 369.2 m - Intercept Depth: 284 m #### Classification - Program: mixed - Sample Type: drill - Mining Method: open\_pit #### Location - Easting: 530343 - Northing: 637168 - CRS: UTM - Elevation: 40 m - Azimuth: 300 ° - Dip: -60 ° - Loc. Confidence: high #### 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: 2026-06-30T00:00:00.000Z Reasoning: High-grade sub-interval of 2.94 g/t Au over 7.0 m is a strong grade for an open-pit scenario, though the grade-width product \(20.58 g/t·m\) is weak, still indicating good mineralization at depth. - Positive factor: strong\_grade - Positive factor: weak\_grade\_width\_product - Positive factor: extension\_at\_depth - Negative factor: true\_width\_estimated Evidence · table > 2.94 Context: 7.0 ## 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.