Intersects 1.57 g/t Gold Over 40m At Enchi Gold Project
Newcore Gold Ltd (TSXV: NCAU) has intersected wide zones of mineralisation in its 58,000m drill programme at the company’s 100% owned Enchi Gold Project in Ghana.
Drilling has intersected 1.57 g/t Au over 40m from 179 m, including 5.40 g/t Au over 9.0m from 18 m, and 1.94 g/t Au over 25mm from 222m, including 5.78 g/t Au over 7.0m from 227m, at the Nyam Gold Deposit.
All holes intersected gold mineralisation outside of the current resource, extending the mineralisation both at depth and along strike with mineralization remaining open in all directions.
President and CEO, Luke Alexander, said the results also include the deepest intersections of mineralisation drilled to date at Nyam, with mineralisation now defined to a vertical depth of 200m and the strike length of the mineralisation extended to 1.8 km.
Highlights from Drilling at Nyam
- Drilling below the current resource at Nyam has intersected wide zones of mineralisation, including high-grade core structures:
- Hole NBRC045 intersected 1.57 g/t Au over 40.0 m from 179 m to 219 m, including 5.40 g/t Au over 9.0 m from 185 m to 194 m (sulphide zone).
- Hole NBRC047 intersected 1.94 g/t Au over 25.0 m from 222 m to 247 m, including 5.78 g/t Au over 7.0 m from 227 m to 234 m (sulphide zone).
- Drilling continues to intersect strong gold mineralization along strike to the south and beyond the limits of the existing resource:
- Hole NBRC027 intersected 2.83 g/t Au over 6.0 m from 3 m to 9 m (oxide zone).
- Hole NBRC024 intersected 1.34 g/t Au over 27.0 m from 57 m to 84 m (sulphide zone), as well as a second zone with 3.45 g/t Au over 9.0 m from 93 m to 102 m (sulphide zone).
- Hole NBRC025 intersected 0.84 g/t Au over 32.0 m from 92 m to 124 m (sulphide zone).
- Hole NBRC031 intersected 1.28 g/t Au over 11.0 m from 177 m to 188 m (sulphide zone).
- Additional wide intercepts encountered within the near surface oxide zone:
- Hole NBRC044 intersected 1.17 g/t Au over 26.0 m from 41 m to 67 m (oxide zone).
- Hole NBRC039 intersected 0.50 g/t Au over 22.0 m from 7 m to 29 m (oxide zone).
- Hole NBRC034 intersected 0.59 g/t Au over 14.0 m from surface to 14 m (oxide zone).
“We are excited by these results from Nyam, with all 24 holes drilled intersecting gold mineralisation and highlighting the potential for resource growth on this area of the Enchi Gold Project,” Mr Alexander said.
“Not only did these results include some of the deepest intersections to date, reaching a vertical depth of 200 metres, but these results also extend the drill tested mineralisation along strike both to the south and north of the deposit area.
“The strike length at Nyam has now been extended to 1.8 kilometres, with drilling to date testing less than 50% of the four-kilometre-long gold-in-soil anomaly that outlines the Nyam target. With results released for only approximately 40% of the 58,000m drill programme underway at Enchi, we look forward to continuing to highlight the Project’s potential as we continue to release results over the next several months.”
Vice President of Exploration, Greg Smith, said results from the Nyam Gold Deposit continue to expand the limits of the drill tested mineralisation outside of the existing resource.
“Results from Nyam have consistently returned some of the higher grades on the Project, with these results continuing that trend and two of the holes intersecting mineralised intervals greater than 5 g/t Au. It is these higher grades that we will continue to target as the drilling advances to testing deeper portions of the gold systems on the Enchi Gold Project.”
