Key facts
| Company | Newcore Gold (TSXV: NCAU) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About Enchi Project
Greg Smith, VP Exploration
News releases73 on file
Newcore Gold Drilling Intersects 2.16 g/t Gold over 37.0 Metres, Including 5.10 g/t Gold over 9.0 Metres, at the Enchi Gold Project, Ghana
Newcore Gold reports diamond drill results from the Nyam Gold Deposit at its Enchi Gold Project in Ghana, including hole NBDD093 with 2.16 g/t Au over 37.0 m from 205 m, including 5.10 g/t Au over 9.0 m from 233 m. The intersections are below the pits that constrain the Mineral Reserves. The release covers four diamond drill holes totalling 1,192 m.
Drill resultsNewcore Gold Drilling Intersects 1.16 g/t Gold over 41.0 Metres, Including 2.54 g/t Gold over 13.0 Metres, at the Enchi Gold Project, Ghana
RC drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 1.16 g/t gold over 41.0 m from 2 m in hole KBRC407, including 2.54 g/t over 13.0 m from 25 m, plus 0.57 g/t over 59.0 m from 119 m in KBRC373, 0.47 g/t over 55.0 m from 52 m in KBRC379, and 1.66 g/t over 8.0 m from 6 m in KBRC389. The release covers 24 RC holes totalling 3,370 m, 22 of which intersected gold mineraliz
Drill resultsNewcore Gold Drilling Intersects 2.59 g/t Gold over 69 Metres, Including 6.41 g/t Gold over 24 Metres, at the Enchi Gold Project, Ghana
Hole KBRC411 at the Boin Gold Deposit, part of the Enchi Gold Project in Ghana, returned 2.59 g/t gold over 69.0 m from 58 m, including 6.41 g/t over 24.0 m from 59 m. KBRC414 intersected 0.83 g/t over 32.0 m from 70 m, including 3.37 g/t over 6.0 m, and KBRC404 returned 0.68 g/t over 22.0 m. The release covers 7 RC holes totalling 960 m; 47,100 m in 295 holes has been reported in the 80,000 m pro
Drill resultsNewcore Gold Announces Appointment of Vice President, Projects and Annual Grant of Equity Incentive Awards
Ben Collins has been appointed Vice President, Projects effective September 7, 2026, and Mal Karwowska promoted to Senior Vice President, Corporate Development and Investor Relations effective August 21, 2026, at Newcore Gold, which is advancing the Enchi Gold Project in Ghana where an 80,000-metre drill program is underway. The company also granted 2,170,000 stock options at $0.33 per share for f
ManagementNewcore Gold Files Pre-Feasibility Study Technical Report for the Enchi Gold Project, Ghana
The NI 43-101 technical report supporting the Pre-Feasibility Study for the Enchi Gold Project in Ghana has been filed on SEDAR+, prepared by lead consultant Lycopodium (Americas) Limited with an effective date of June 23, 2026. The PFS assesses a conventional open pit operation with milling and carbon-in-leach processing of 5.5 million tonnes per annum using contract mining, based on the March 18
Study resultsNewcore Gold Drilling Intersects 3.67 g/t Gold over 25.3 Metres, at the Enchi Gold Project, Ghana
Diamond drill hole NBDD088 at the Nyam Gold Deposit, part of the Enchi Gold Project in Ghana, intersected 3.67 g/t Au over 25.3 m from 307.7 m, the highest grade-thickness intercept drilled to date at Nyam. Other results include 1.26 g/t Au over 18.0 m from 300.0 m in NBDD091 and 1.18 g/t Au over 14.0 m from 186.0 m in NBDD087. The release covers 5 diamond holes totalling 1,489 m, not included in
Drill resultsNewcore Gold Drilling Intersects 3.51 g/t Gold over 21.0 Metres, Including 5.91 g/t Gold over 9.0 Metres, at the Enchi Gold Project, Ghana
Diamond drilling at the Nyam Gold Deposit at the Enchi Gold Project in Ghana returned 3.51 g/t gold over 21.0 m from 245 m in hole NBDD086, including 5.91 g/t over 9.0 m from 251 m, plus 1.61 g/t over 14.0 m from 278 m in NBDD085 and 1.40 g/t over 21.0 m from 317 m in NBDD080. The release covers 11 holes totalling 4,123 m, part of an 80,000 m program; results are not included in the March 18, 2026
Drill resultsNewcore Gold Announces Robust Pre-Feasibility Study for the Enchi Gold Project, Ghana
A pre-feasibility study for the Enchi Gold Project in Ghana outlines an open pit operation with milling and CIL processing at 5.5 Mtpa, showing an after-tax NPV5% of $647 million and 45% IRR at $4,200/oz gold, and $496 million and 37% at $3,800/oz. Initial capital is $351 million, with 953,350 payable ounces over a 9.3-year mine life, averaging about 104,000 ounces annually and LOM AISC of $2,290/
Study resultsNewcore Gold Drilling Intersects 1.37 g/t Gold over 24.0 Metres, Including 1.93 g/t Gold over 12.0 Metres, at the Enchi Gold Project, Ghana
Diamond drilling at the Sewum Gold Deposit on the Enchi Gold Project in Ghana returned 1.37 g/t Au over 24.0 m from 94.0 m in hole SWDD121, including 1.93 g/t Au over 12.0 m, plus 0.55 g/t Au over 16.5 m from 30.0 m; hole SWDD115 cut 0.74 g/t Au over 10.2 m and 9.24 g/t Au over 1.9 m from 251.4 m, including 17.36 g/t Au over 1.0 m. The results cover 6 holes totalling 2,069 m and are not in the cur
Drill resultsNewcore Gold Increases Drill Program to 80,000 Metres at the Enchi Gold Project, Ghana
The drill program at the Enchi Gold Project in Ghana has been expanded to 80,000 metres, following completion of a $15 million equity financing, with four rigs on site targeting resource conversion, resource growth and discovery. The program began in August 2024; the first 28,000 metres fed into an updated Mineral Resource Estimate announced March 18, 2026 that more than doubled the Indicated reso
Drill resultsNewcore Gold Closes $15 Million Bought Deal Financing
A bought deal financing of 28,310,000 common shares at $0.53 per share closed for gross proceeds of $15,004,300, leaving 312,695,640 common shares outstanding, with management and the board holding 12%. Proceeds will fund exploration and development at the Enchi Gold Project in Ghana and for general corporate and working capital purposes. Haywood Securities led the syndicate, with Canaccord Genuit
FinancingNewcore Gold Announces Upsized $15 Million Bought Deal Financing
An amended agreement with Haywood Securities Inc. and a syndicate of underwriters increases Newcore Gold's previously announced bought deal to 28,310,000 common shares at $0.53 per share for aggregate gross proceeds of $15,004,300. Net proceeds will fund exploration and development at the Enchi Gold Project in Ghana and general corporate and working capital purposes. Closing is expected on or abou
FinancingNewcore Gold Announces $10 Million Bought Deal Financing
A bought-deal financing of 18,870,000 common shares at $0.53 per share for gross proceeds of $10,001,100 has been agreed with a syndicate led by Haywood Securities Inc. The underwriters hold an option for up to an additional 2,830,500 shares for up to $1,500,165 in further gross proceeds. Net proceeds will fund exploration and development at the Enchi Gold Project in Ghana and general corporate an
FinancingNewcore Gold Drilling Intersects 1.23 g/t Gold over 33.0 Metres, Including 2.16 g/t Gold over 13.0 Metres, at the Enchi Gold Project, Ghana
Diamond drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 1.23 g/t gold over 33.0 m from 337.0 m, including 2.16 g/t over 13.0 m, in hole KBDD107, while KBDD111 hit 1.38 g/t over 15.0 m from 193.0 m, including 5.99 g/t over 3.0 m, and KBDD109 returned 1.56 g/t over 11.1 m. The release covers 10 holes totalling 3,654 m, drilled below the pits constraining the resource es
Drill resultsNewcore Gold Files Technical Report for the Updated Mineral Resource Estimate for the Enchi Gold Project, Ghana
The NI 43-101 technical report supporting the updated mineral resource estimate for the Enchi Gold Project in Ghana has been filed on SEDAR+, prepared by DRA Americas Inc. with an effective date of October 6, 2025. Indicated resources total 83.6 million tonnes at 0.56 g/t Au for 1,502,000 ounces gold, plus inferred resources of 40.1 million tonnes at 0.49 g/t Au for 626,000 ounces, using a US$3,20
Resource updateNewcore Gold Drilling Intersects 1.59 g/t Gold over 15.5 Metres, Including 3.22 g/t Gold over 6.4 Metres, at the Enchi Gold Project, Ghana
Diamond drilling at the Sewum Gold Deposit on the Enchi Gold Project in Ghana returned 1.59 g/t Au over 15.5 m from 147.5 m in hole SWDD107, including 3.22 g/t Au over 6.4 m, while SWDD112 cut 1.00 g/t Au over 10.5 m from surface and 0.69 g/t Au over 41.0 m from 21.5 m. The release covers 8 holes totalling 1,685 m, all intersecting gold mineralization, from the 60,000-metre program; a Pre-Feasibil
Drill resultsNewcore Gold Announces Updated Mineral Resource Estimate for the Enchi Gold Project, Ghana
An updated NI 43-101 mineral resource estimate for the Enchi Gold Project in Ghana, prepared by DRA Global with an effective date of October 6, 2025, reports an Indicated resource of 83.6 million tonnes at 0.56 g/t Au for 1,502,000 ounces gold and an Inferred resource of 40.1 million tonnes at 0.49 g/t Au for 626,000 ounces, using a US$3,200 per ounce constraining pit. The Indicated resource, more
Resource updateNewcore Gold Increases Drill Program to 60,000 Metres at the Enchi Gold Project, Ghana
The drill program at the Enchi Gold Project in Ghana has been increased to 60,000 metres, with three rigs active on site, funded in part by approximately $10 million in proceeds from warrants exercised prior to their February 27, 2026 expiry. The program, which began in August 2024, is in its second phase, targeting mineralization below 200 vertical metres and resource growth along strike. A Pre-F
Drill resultsNewcore Gold Announces Proceeds of $10.3 Million from Warrant Exercises
Total proceeds of approximately $10.3 million were received from the exercise of 20,548,000 common share purchase warrants that expired on February 27, 2026. The warrants had an exercise price of $0.50 and were issued on February 27, 2025 following a private placement. Following the exercise and expiry, share capital consists of 284,385,640 common shares, 9,000,000 stock options and 6,742,665 RSUs
FinancingNewcore Gold Commissions Pre-Feasibility Study for its Enchi Gold Project, Ghana
A Pre-Feasibility Study has been commissioned for the Enchi Gold Project in Ghana, targeted for completion by the end of H1 2026, with Lycopodium Minerals Canada as lead consultant, supported by Fuse Advisors, Knight Piesold and DRA Global. The PFS will assume open pit mining with standard milling and carbon-in-leach processing after CIL testwork returned recoveries of 89.4% to 97.7%, versus 75% t
Study resultsNewcore Gold Diamond Drilling Intersects First Visible Gold, High-Grade Gold Mineralization with 147.5 g/t Gold over 1.0 Metre and 3.22 g/t Gold over 17.0 Metres, at the Enchi Gold Project, Ghana
Diamond drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 147.5 g/t gold over 1.0 metre from 310 m in hole KBDD100, the first visible gold encountered by drilling on the Project, and 3.22 g/t Au over 17.0 m from 327 m plus 1.70 g/t Au over 25.5 m from 285 m in KBDD102. The release covers six holes totalling 1,930 m, all intersecting gold, to a maximum vertical depth of
Drill resultsNewcore Gold Diamond Drilling Intersects High-Grade Gold Mineralization with 174 g/t Gold over 1.0 Metre and 3.54 g/t Gold over 23.0 Metres, at the Enchi Gold Project, Ghana
Diamond drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 173.75 g/t gold over 1.0 metre from 264 m in hole KBDD098, and 3.54 g/t Au over 23.0 m from 253 m, including 6.92 g/t Au over 8.0 m, in KBDD097. KBDD088 cut 2.03 g/t Au over 16.5 m from 190 m. The release covers 5 holes totalling 1,699 m; 31,189 m in 242 holes have been reported from the 45,000-metre program, whi
Drill resultsNewcore Gold Drilling Intersects 3.16 g/t Gold over 3.0 Metres from 62 Metres and 0.78 g/t Gold over 16.0 Metres from 16 Metres, at the Enchi Gold Project, Ghana
Shallow reverse circulation drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 3.16 g/t gold over 3.0 metres from 62 metres in KBRC370 and 0.78 g/t gold over 16.0 metres from 16 metres in KBRC368, including 8.17 g/t over 1.0 metre. The release covers 6 RC holes totalling 550 m, completing the first phase of RC drilling, with 29,490 m in 237 holes reported to date. Diamon
Drill resultsNewcore Gold Drilling Intersects 1.08 g/t Gold over 22.0 Metres and 1.29 g/t Gold over 15.0 Metres, at the Enchi Gold Project, Ghana
Reverse circulation drilling at the Kwakyekrom Gold Deposit on the Enchi Gold Project in Ghana returned 1.08 g/t Au over 22.0 m from 112 m, including 2.78 g/t Au over 7.0 m from 126 m, in hole KKRC099, and 1.29 g/t Au over 15.0 m from 88 m in KKRC085A, both outside the current pit-constrained resource. The release covers 24 RC holes totalling 3,843 m, all of which intersected gold mineralization.
Drill resultsNewcore Gold Increases Drill Program to 45,000 Metres at the Enchi Gold Project, Ghana
The 2024–2025 drill program at the 100%-owned Enchi Gold Project in Ghana has been increased to 45,000 metres, with the company holding approximately $10 million in cash after warrants expired September 26, 2025. A total of 25,097 metres in 207 RC holes has been reported, with 98.5% of holes intersecting gold; results include 2.25 g/t Au over 56.0 m from 96 m at Boin and 1.85 g/t Au over 62.0 m fr
Drill resultsNewcore Gold Announces Proceeds of $3.8 Million from Warrant Exercises
Proceeds of approximately $3.8 million were received from the exercise of 9,558,578 common share purchase warrants at $0.40 that expired September 26, 2025, leaving a cash balance of roughly $10.1 million. Funds will support a 35,000-metre drill program and development work toward a Pre-Feasibility Study in H1 2026 at the Enchi Gold Project in Ghana. Shares outstanding total 262,986,096, with 20,4
FinancingNewcore Gold Drilling Intersects 184 g/t Gold over 1.0 Metre and 3.06 g/t Gold over 13.0 Metres, at the Enchi Gold Project, Ghana
Reverse circulation drilling at the Kojina Hill target on the Enchi Gold Project in Ghana returned 184 g/t gold over 1.0 metre from 126 m in hole KJRC033, within a 24-metre mineralized zone, and 3.06 g/t gold over 13.0 m from surface in KJRC034, including 8.09 g/t over 3.0 m. Results cover 7 RC holes totalling 970 m, all of which intersected gold mineralization; Kojina Hill has no defined mineral
Drill resultsNewcore Gold Announces Annual Grant of Equity Incentive Awards
Annual equity incentive awards totalling 2,815,000 stock options, 1,880,000 restricted share units and 525,000 performance share units have been granted to employees, consultants, directors and executives of Newcore Gold. The stock options carry an exercise price of $0.64 per share for a five-year term. The awards are subject to regulatory approval and vesting provisions under the company's long-t
CorporateNewcore Gold Drilling Intersects 0.89 g/t Gold over 33.0 Metres and 3.98 g/t Gold over 6.0 Metres, at the Enchi Gold Project, Ghana
Reverse circulation drilling at the Sewum deposit on the Enchi Gold Project in Ghana returned 0.89 g/t gold over 33.0 metres from 1 m in hole SWRC258 and 3.98 g/t gold over 6.0 metres from 2 m in SWRC269, including 22.62 g/t over 1.0 m. Other intercepts included 0.51 g/t over 40.0 m, 0.56 g/t over 41.0 m and 0.51 g/t over 41.0 m. Results cover 47 RC holes totalling 4,493 m, part of a 35,000-metre
Drill resultsNewcore Gold Drilling Intersects 4.41 g/t Gold over 24.0 Metres, including 9.08 g/t Gold over 10.0 Metres, at the Enchi Gold Project, Ghana
Drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 4.41 g/t gold over 24.0 m from 126 m in hole KBRC357, including 9.08 g/t over 10.0 m, and 1.58 g/t over 52.0 m from 75 m in KBRC360, including 3.04 g/t over 16.0 m. The release reports 11 RC holes totalling 2,042 m, part of a 35,000-metre program; 19,634 m in 153 holes have been reported to date. A resource update and Pr
Drill resultsNewcore Gold Drilling Intersects 2.25 g/t Gold over 56.0 Metres from 96 Metres and 1.16 g/t Gold over 72.0 Metres from 104 Metres at the Enchi Gold Project, Ghana
RC drilling at the Boin deposit on the Enchi Gold Project in Ghana returned 2.25 g/t gold over 56.0 metres from 96 metres in KBRC352, including 3.83 g/t over 15.0 metres, and 1.16 g/t over 72.0 metres from 104 metres in KBRC344, including 3.06 g/t over 10.0 metres. Other results included 2.13 g/t over 29.0 metres from 26 metres and 2.15 g/t over 24.0 metres from surface. The release covers 14 hole
Drill resultsNewcore Gold Drilling Intersects 2.50 g/t Gold over 15.0 Metres and 3.00 g/t Gold over 10.0 metres at the Enchi Gold Project, Ghana
Drilling at the Enchi Gold Project in Ghana returned 2.50 g/t gold over 15.0 metres from 45 m in hole NBRC108 and 3.00 g/t gold over 10.0 metres from 104 m in NBRC110 at the Nyam Gold Deposit, plus 1.68 g/t over 12.0 metres in NBRC114. At the Kojina Hill target, which has no defined mineral resource, KJRC026 cut 0.67 g/t over 37.0 metres, including 1.05 g/t over 20.0 metres, and KJRC031 returned 6
Drill resultsNewcore Gold Drilling Intersects 0.73 g/t Gold over 68.0 Metres and 1.39 g/t Gold over 24.0 metres at the Enchi Gold Project, Ghana
Reverse circulation drilling at the Sewum Gold Deposit on the Enchi Gold Project in Ghana returned 0.73 g/t gold over 68.0 metres from 62 m in hole SWRC213, 0.74 g/t over 49.0 m from 18 m in SWRC223, and 1.39 g/t over 24.0 m from 22 m in SWRC208, including 6.56 g/t over 4.0 m. The release covers 21 RC holes totalling 2,546 m, part of a 35,000-metre program aimed at resource conversion ahead of a P
Drill resultsNewcore Gold Increases Drill Program to 35,000 Metres and Intersects 1.28 g/t Gold over 63.0 Metres at the Enchi Gold Project, Ghana
The 2024–2025 drill program at the Enchi Gold Project in Ghana has been expanded to 35,000 metres following completion of a $15 million equity financing, with a Pre-Feasibility Study to be commissioned in the second half of 2025. Reverse circulation drilling at the Boin deposit returned 1.28 g/t gold over 63.0 m from 9 m in KBRC328 and 2.18 g/t over 23.0 m from 6 m in KBRC335, including 5.58 g/t o
Drill resultsNewcore Gold Announces Closing of $15 Million Private Placement Financing
A private placement of 41,096,000 units at $0.365 per unit closed for gross proceeds of $15,000,040, each unit comprising one common share and one-half warrant exercisable at $0.50 until February 27, 2026. Proceeds will fund exploration and development at the Enchi Gold Project in Ghana and general corporate and working capital purposes. The Company now has 250,293,285 shares outstanding, with man
FinancingNewcore Gold Recognized as a 2025 TSX Venture 50 Company
Newcore Gold has been named one of the top 50 performing companies of 2024 on the TSX Venture Exchange, from over 1,600 TSXV issuers, in the 2025 TSX Venture 50 ranking. The ranking equally weights market capitalization growth, share price appreciation and Canadian consolidated trading value during 2024; the company cited share price appreciation of 121% in 2024. Newcore is advancing its 248 km² E
CorporateNewcore Gold Announces Upsize of Private Placement Financing to $15 Million
A previously announced private placement has been increased from $12 million to $15 million, with up to 41,096,000 units offered at $0.365 per unit for gross proceeds of up to $15,000,040. Each unit includes one common share and one-half warrant exercisable at $0.50 for 12 months after closing. Proceeds will fund exploration and development at the 100%-owned Enchi Gold Project in Ghana and general
FinancingNewcore Gold Announces $12 Million Brokered Private Placement Financing
A brokered private placement of up to 32,877,000 units at $0.365 per unit for gross proceeds of up to $12,000,105 has been agreed with Paradigm Capital Inc. as lead agent and sole bookrunner. Each unit includes one common share and one-half warrant exercisable at $0.50 for 12 months after closing. Proceeds will fund exploration and development at the 100%-owned Enchi Gold Project in Ghana and gene
FinancingNewcore Gold Drilling Intersects 1.85 g/t Gold over 62.0 Metres and 0.75 g/t Gold over 68.0 Metres at the Enchi Gold Project, Ghana
Drilling at the Sewum Gold Deposit on the Enchi Gold Project in Ghana returned 1.85 g/t gold over 62.0 metres from 1 m in hole SWRC194, including 8.36 g/t Au over 10.0 m from 13 m, plus a second intercept of 0.75 g/t Au over 68.0 m from 99 m. Other holes returned 2.39 g/t Au over 13.0 m (SWRC202) and 1.07 g/t Au over 27.0 m (SWRC201). Results cover 33 RC holes totalling 2,922 m, 32 of which inters
Drill resultsNewcore Gold Drilling Intersects 0.97 g/t Gold over 96.0 Metres and 1.06 g/t Gold over 81.0 Metres at the Enchi Gold Project, Ghana
Reverse circulation drilling at the Boin Gold Deposit on the Enchi Gold Project in Ghana returned 0.97 g/t gold over 96.0 metres from 100 m in hole KBRC316, including 2.05 g/t over 10.0 m, and 1.06 g/t over 81.0 m from 127 m in KBRC313, including 2.50 g/t over 17.0 m. Results cover 10 RC holes totalling 2,060 m across a one-kilometre strike length, part of a 10,000-metre resource conversion and gr
Drill results