Welcome to our dedicated page for Newcore Gold news (Ticker: NCAUF), a resource for investors and traders seeking the latest updates and insights on Newcore Gold stock.
Newcore Gold Ltd. (NCAUF) generates a steady stream of exploration and corporate news centered on its 100% owned Enchi Gold Project in Ghana. Company releases focus on drill results from multiple deposits and targets across the district-scale land package, as well as on technical and corporate milestones tied to advancing Enchi through resource definition and project studies.
A major theme in Newcore’s news flow is the reporting of drill results from key deposits such as Boin, Sewum, Nyam and Kwakyekrom, along with the Kojina Hill Gold Target. The company regularly discloses intersections of near-surface oxide, transition and shallow fresh or sulphide mineralization, as well as deeper diamond drill intercepts that test higher-grade potential at depth. Many updates highlight wide mineralized intervals, high-grade zones, and extensions of mineralization beyond the limits of existing pit-constrained resource models.
Another recurring topic is the progress of the multi-phase drill program at Enchi. News items describe the scale of the program in metres drilled, the transition from infill drilling for resource conversion to discovery-focused drilling, and the proportion of holes that intersect gold mineralization. Releases also discuss the expansion of the drill program, reflecting Newcore’s decision to increase planned metres on the back of results and available funding.
Newcore’s updates also cover project development and corporate events, including work in support of a planned Pre-Feasibility Study, such as metallurgical testwork, hydrogeological and geotechnical studies, environmental work, drone topographic surveys and airborne geophysical surveys. Corporate news includes financing-related items like warrant exercises that provide funding for drilling and development, as well as governance events such as annual general meeting results and equity incentive awards.
Investors and observers can use this news stream to follow how drilling affects the understanding of Enchi’s resource potential, how technical work advances the project toward study milestones, and how Newcore funds and governs its exploration and development activities.
Newcore Gold (OTCQX:NCAUF) reported diamond drilling results at the Sewum deposit, Enchi, Ghana, including 1.59 g/t Au over 15.5 m (incl. 3.22 g/t over 6.4 m) and 0.69 g/t Au over 41.0 m. The 60,000 m program is ongoing; Sewum remains open along strike and at depth. A Pre-Feasibility Study is targeted for completion by end-June 2026.
Enchi hosts an Indicated MRE of 83.6 Mt @ 0.56 g/t Au (1.502M oz) and Inferred 40.1 Mt @ 0.49 g/t Au (626k oz).
Newcore Gold (OTCQX:NCAUF) announced an updated NI 43-101 Mineral Resource for the Enchi Gold Project, effective October 6, 2025. The update reports Indicated 1,502,000 oz at 0.56 g/t Au (83.6 Mt) and Inferred 626,000 oz at 0.49 g/t Au (40.1 Mt).
The Resource uses a US$3,200/oz pit shell; the Indicated resource will underpin a Pre-Feasibility Study targeted for completion by end-June 2026.
Newcore Gold (OTCQX:NCAUF) increased its Enchi drill program to 60,000 metres with three drill rigs active after receiving approximately $10 million from warrant exercises. The program began in August 2024 and has shifted to a second phase targeting mineralization below 200 metres.
A Pre-Feasibility Study is underway and targeted for completion by the end of June 2026; ongoing technical work includes metallurgical, hydrogeological, geotechnical and environmental studies.
Newcore Gold (OTCQX:NCAUF) received approximately $10.3 million from the exercise of 20,548,000 warrants that expired February 27, 2026. The company says proceeds plus existing cash will fund advancement and de-risking of the Enchi Gold Project toward a Pre-Feasibility Study by end-June 2026.
Following exercises, share capital totals 284,385,640 common shares with 9,000,000 options and 6,742,665 RSUs/PSUs outstanding.
Newcore Gold (OTCQX: NCAUF) has commissioned a Pre-Feasibility Study (PFS) for the Enchi Gold Project in Ghana, targeting completion by end of H1 2026. The PFS follows a 2024 PEA and incorporates ~30,000m of additional drilling, extensive metallurgical testwork, geotechnical, hydrogeological and environmental studies. Recent tests show CIL recoveries of 89.4%–97.7%, prompting a shift to a mill and carbon-in-leach flowsheet despite higher processing infrastructure costs.
Newcore Gold (OTCQX: NCAUF) reported diamond drill results from the Boin deposit at the Enchi Gold Project, Ghana on Jan 21, 2026. Highlights include the first visible gold in drill core and 147.5 g/t Au over 1.0 m (KBDD100) plus 3.22 g/t Au over 17.0 m (KBDD102). Six DD holes (1,930 m) tested three high-grade shoots to a maximum vertical depth of 312 m, extending mineralization below prior drilling (average depth ~100 m). The 45,000 m program remains ongoing and a Pre-Feasibility Study is targeted for completion by end of H1 2026.
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Newcore Gold (OTCQX: NCAUF) reported diamond drill results from the Boin deposit at the Enchi Gold Project, Ghana, from its 45,000-metre program (ongoing).
Key highlights include 173.75 g/t Au over 1.0 m (KBDD098), 3.54 g/t Au over 23.0 m with 6.92 g/t over 8.0 m (KBDD097), and multiple other fresh-rock intercepts. Drilling has extended testing to 200–300 m vertical depth (deepest mineralization at ~370 m) and confirms Boin remains open at depth.
The Enchi MRE totals 41.7 Mt at 0.55 g/t Au (743,500 oz Indicated) and 46.6 Mt at 0.65 g/t Au (972,000 oz Inferred); Boin specifically holds 258,200 oz Indicated and 349,600 oz Inferred. Initial diamond results support potential resource growth and deeper higher-grade zones.
Newcore Gold (OTCQX:NCAUF) reported additional drill results from the 45,000-metre program at its 100% owned Enchi Gold Project in Ghana. Shallow RC drilling at the Boin deposit returned multiple near-surface intersections including 3.16 g/t Au over 3.0 m from 62 m and 0.78 g/t Au over 16.0 m from 16 m (incl. 8.17 g/t over 1.0 m).
The first RC phase showed ~98% of holes intersecting gold; 29,490 m in 237 holes reported to date. Enchi hosts an Indicated 41.7 Mt @ 0.55 g/t (743,500 oz) and Inferred 46.6 Mt @ 0.65 g/t (972,000 oz). Diamond drilling is underway with first deeper-phase assays expected January 2026.
Newcore Gold (OTCQX:NCAUF) has increased its 2024–2025 drill program at the Enchi Gold Project in Ghana to 45,000 metres after raising cash to approximately $10 million. Drilling to date (25,097 m in 207 RC holes) returned widespread gold mineralization with 98.5% of holes intersecting gold and multiple high‑grade intervals (examples: 204.3 g/t Au over 1.0 m; 183.9 g/t Au over 1.0 m; 2.25 g/t over 56.0 m).
The program’s first phase focused on infill conversion to support a Pre‑Feasibility Study, while the second phase targets discovery and higher‑grade structures at depth. Reported Mineral Resources at Sewum, Boin and Nyam are provided with Indicated and Inferred tonnes, grades, and contained ounces.