Intersects 0.85 g/t Gold Over 67m At Enchi Gold Project
Newcore Gold Ltd (TSXV: NCAU) continues to grow the 100% owned Enchi Gold Project in Ghana with further positive drill results from the current 58,000m drill programme.
Drilling at the Boin Gold Deposit has intersected 0.85 g/t Au over 67 metres from 137m, including 2.95 g/t Au over 9.0m from 13m, and 1.14 g/t Au over 36.0m from 119 m, including 1.72 g/t Au over 18.0m from 124m.
President and CEO, Luke Alexander, said these results continue to expand the gold mineralisation outside of the current National Instrument 43-101 resource, extending the mineralisation down dip and by 400m along strike to the north.
Highlights from drilling at Boin included:
- Drilling below the current resource at Boin has intersected wide zones of mineralisation, including high-grade core structures:
- Additional drilling at Boin continues to intersect gold mineralisation in the gap within the historic drilling:
- Drilling intersected further wide intercepts within the near surface oxide zone:
“The RC drilling completed to date as part of our ongoing 58,000m drill programme at Enchi continues to define the potential for significant resource expansion at the existing deposit areas,” Mr Alexander said.
“We are encouraged by the potential to grow the near-surface oxide resource base, as well as the potential for higher grade sulphide mineralisation at depth as indicated by drill hole KBRC185 intersecting 2.95 g/t Au over 9.0m at a vertical depth of 125m.”
Vice President of Exploration, Greg Smith, said the drilling results continue to highlight the expansion potential and open-ended nature to the gold mineralisation.
“Results are pending from additional drilling completed at Boin, with diamond drilling having commenced on the deposit area to test extensions of the mineralisation at depth.”
A total of 39,739m in 251 holes have been completed as part of the ongoing 2020 – 2021 drill programme at Enchi. For the total planned 58,000m drill programme, assay results have now been received and released for 167 holes representing 27,152m.
The Enchi Gold Project hosts a pit constrained NI 43-101 Inferred Mineral Resource of 52.9 million tonnes grading 0.72 g/t Au containing 1.22 million ounces gold.
