$NCAU.V

Newcore Gold's Latest Enchi Project Drill Results Continue to Extend Gold Mineralization

Newcore Gold (NCAU.V) Tuesday said additional results from the Enchi gold project drill program in Ghana continue to show wide zones of shallow gold mineralization below the pit-constrained limits of the current mineral resource estimate.Diamond drilling at Sewum which is currently the largest deposit defined at Enchi, encountered wide zones of gold mineralization: Hole SWDD121 intersected 1.37 grams per tonne gold (g/t Au) over 24 metres (m) from 94.0 m, including 1.93 g/t Au over 12 m from 103 m, with a second shallow mineralized zone of 0.55 g/t Au over 16.5 m from 30 m.Hole SWDD115 intersected 0.74 g/t Au over 10.2 m from 54.3 m, with a second high-grade interval of 9.24 g/t Au over 1.9 m from 251.4 m, including 17.36 g/t Au over 1.0 m from 251.4 m.Newcore confirmed that a pre-feasibility study for Enchi on track for completion by the end of this month."With the strong results from drilling completed in 2026 not yet included in the mineral resource estimate at Enchi, we are excited to continue to focus our on-going drill program on expanding the mineralized footprint and proving out the potential for resource growth beyond the limits of the current resource, including at depth," said vice president of exploration, Greg Smith.Newcore shares closed u[ $0.01, to $0.52 on Monday on the TSX Venture Exchange.

Newcore Gold Increases Drill Program to 80,000 Meters at Enchi Gold Project, Ghana

Newcore Gold (NCAU.V) said Tuesday that, on the back of the "success" achieved to date with drilling at its Enchi Gold Project in Ghana, and the completion of an equity financing, it has expanded its ongoing drill program to 80,000 metersThe expanded drill program, with four active drill rigs on site, will focus on resource conversion, resource growth and discovery drilling, it said.The 80,000 meter drill program underway at Enchi commenced in August 2024, said the company. In addition to drilling, a Pre-Feasibility Study (PFS) is underway and targeted for completion by the end of June 2026, alongside on-going development work in support of project advancement at Enchi which includes metallurgical testwork, hydrogeological testing, geotechnical work, and environmental work, added the company."We are excited to be increasing the size of the drill program at our Enchi Gold Project in Ghana on the back of a successful equity financing that had strong support from both new and existing institutional shareholders, along with management and the Board of Directors," said Luke Alexander, President CEO of Newcore.

Newcore Gold Increasing Drill Program to 80,000 Metres at the Enchi Gold Project, Ghana

Newcore Gold Raising $10 Million in a Bought-Deal Share Offering

Newcore Gold (NCAU.V) after trade Thursday said it is raising $10 million in a bought-deal offering of shares.The company is selling underwriters 18.87-million shares priced at $0.53 each, raising about $10 million in proceeds.The company also granted underwriters an over-allotment option to buy up to an additional 2.83-million shares, which could boost total proceeds by about $1.5 million.Newcore said it plans to use the funds for exploration and development at its Enchi Gold Project in Ghana, as well as for general corporate purposes and working capital.The company's shares closed down $0.01 to $0.58 on the TSX Venture Exchange.