Newcore Gold Reports Promising Drilling Results at Enchi Project

Newcore Gold ( (TSE:NCAU) ) has issued an update.

Newcore Gold Ltd. has announced positive drill results from its ongoing 10,000-metre drill program at the Enchi Gold Project in Ghana. The drilling at the Boin Gold Deposit has revealed significant gold mineralization, including a notable intersection of 0.97 g/t gold over 96.0 metres. These results are part of a larger initiative to convert Inferred Resources to Indicated, enhancing the project’s potential for future resource growth and proving the continuity of gold mineralization. The results underscore the project’s potential to strengthen the confidence in existing resources, which could have positive implications for the company’s future operations and market positioning.

More about Newcore Gold

Newcore Gold Ltd. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its Enchi Gold Project located in Ghana, which is fully owned by Newcore Gold.

YTD Price Performance: -6.15%

Average Trading Volume: 177,399

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$64.84M

For detailed information about NCAU stock, go to TipRanks’ Stock Analysis page.