Drilling Intersections At The Enchi Gold Project

VANCOUVER — Newcore Gold Ltd. reported on the the 90,000 meter drill program underway at the Enchi Gold Project in Ghana. Reverse Circulation (RC) drilling on the southern end of the Sewum Gold Deposit at Enchi has intersected shallow high-grade oxide gold mineralization grading 1.98 grams per tonne gold (g/t Au) over 25.0 meters (m) from 3 m, as well as high-grade results in deeper sulphide mineralization including 2.14 g/t Au over 18.0 m from 123 m. Newcore’s ongoing drill program also includes testing previously drilled targets on the property. Diamond (DD) drilling at the Eradi Gold Target at Enchi has intersected wide gold mineralization grading 0.89 g/t Au over 47.8 m from 41.2 m, including 6.44 g/t Au over 2.5 m from 41.2 m and 2.14 g/t Au over 5.8 m from 54.2 m.

Luke Alexander, President and CEO, said, "These results include drilling completed on the southern end of the Sewum Gold Deposit which has extended the gold mineralization up and down dip, encountering high-grade gold in both near-surface oxides as well as in the deeper sulphides. We also completed first pass drilling on a parallel structure at Sewum, situated outside of the current pit constrained mineral resource, which encountered high-grade mineralization near-surface. In addition to testing the potential for resource growth at our existing deposit areas, the ongoing 90,000 meter drill program at Enchi is also focused on testing previously drilled areas on the property. Drilling at the Eradi target, which is situated on the northern end of the property, intersected widespread gold mineralization over more than 1.1 kilometers of strike length. We continue to encounter high-grade gold results across our Project in Ghana, highlighting the resource growth potential at Enchi which is situated on a prolific gold belt that hosts numerous multi-million-ounce gold mines."