Newcore Gold - 80,000m Drill Program Update: High-Grade Oxide Hits At Boin, Mine Plan Optimization, 98% Drill Hit Rates

In this Company Update, I sit down with Luke Alexander, President and Chief Executive Officer of Newcore Gold (TSXV: NCAU / OTCQX: NCAUF). Luke provides an exploration and corporate update on the company’s Enchi Gold Project located in southwest Ghana. With an 80,000-meter drill program ongoing and several rounds of high-grade assays recently delivered, we discuss how recent drilling success feeds into mine plan optimization, project de-risking, and the substantial disconnect between current equity valuations and project fundamentals. Key discussion topics include:

80,000-Meter Drill Campaign Progress: An update on the pace of drilling, with roughly 30,000 meters of results still pending. Exceptional 98% Drill Hit Rate: What this continuity metric indicates about the broader mineralized system across the Enchi property. High-Grade Intercepts at the Boin Deposit: Insights into high-grade shallow results, including 2.59 g/t gold over 69 meters and 1.16 g/t gold over 41 meters, highlighting shallow plunging shoots. Mine Plan Optimization Strategy: How bringing higher-grade, near-surface oxide mineralization into the early years of the mine schedule could significantly bolster project economics. District-Scale Strike and Expansion Potential: The geological significance of Boin’s six-kilometer strike length and the open-ended potential across existing pits. The Valuation Disconnect and Market Dynamics: A look at the gap between the company's C$100M market cap and its post-tax PFS NPV, alongside share turnover since the study's release. Fully Funded Status and De-Risking Milestones: Treasury visibility into 2027 and the ongoing geotechnical, metallurgical, and environmental programs advancing Enchi toward future development decisions.

If you have any follow up questions for Luke please email me at [email protected].

Click here to visit the Newcore Gold website. - https://newcoregold.com/

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