Newcore 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
Newcore Gold (OTC: NCAUF) reported that required community access payments for the Jorimina and Randypata projects have been completed, preserving exploration access through the end of the 2025 season and into 2026.
Historical work by Newmont includes CAD$10 million in exploration, 4,377 m drilled at Jorimina and 3,504 m at Randypata, plus channel sample highlights such as 17.4 m of 3.06 g/t Au and long drill intersections (e.g., 150 m of 0.69 g/t Au including 72.3 m of 1.19 g/t Au). The company said it will finalize this summer’s exploration plan shortly.
Newcore Gold (OTC: NCAUF) ha riferito che i pagamenti di accesso comunitario richiesti per i progetti Jorimina e Randypata sono stati completati, preservando l accesso all'esplorazione fino alla fine della stagione 2025 e oltre nel 2026.
Lavori storici da Newmont includono CAD$10 milioni in esplorazione, 4.377 m perforati a Jorimina e 3.504 m a Randypata, oltre a campioni di canale che evidenziano 17,4 m di 3,06 g/t Au e lunghi intervalli di trivellazione (ad es. 150 m di 0,69 g/t Au includendo 72,3 m di 1,19 g/t Au). L'azienda ha detto che finalizzerà il piano di esplorazione di questa estate a breve.
Newcore Gold (OTC: NCAUF) informó que los pagos de acceso comunitario requeridos para los proyectos Jorimina y Randypata se han completado, conservando el acceso a la exploración hasta el final de la temporada 2025 y hacia 2026.
Trabajos históricos de Newmont incluyen CAD$10 millones en exploración, 4,377 m taladrados en Jorimina y 3,504 m en Randypata, además de hallazgos de muestreo de canal como 17,4 m de 3,06 g/t Au y largas intersecciones de perforación (p. ej., 150 m de 0,69 g/t Au, incluyendo 72,3 m de 1,19 g/t Au). La empresa dijo que finalizará pronto el plan de exploración de este verano.
Newcore Gold (OTC: NCAUF)는 Jorimina 및 Randypata 프로젝트에 대한 지역사회 접근 필요 비용이 완료되어 2025년 시즌 종료 및 2026년까지 탐사 접근이 유지될 것이라고 발표했습니다.
역사적 작업은 Newmont의 탐사에 CAD$10백만을 포함하고, Jorimina에서 4,377m, Randypata에서 3,504m를 시추했으며, 채널 샘플 하이라이트로 17.4m당 3.06 g/t 금 및 72.3m를 포함한 150m의 0.69 g/t Au 등의 긴 시추 구간이 있습니다. 회사는 이번 여름의 탐사 계획을 곧 최종 확정할 것이라고 밝혔습니다.
Newcore Gold (OTC: NCAUF) a indiqué que les paiements d'accès communautaire requis pour les projets Jorimina et Randypata ont été complétés, préservant l'accès à l'exploration jusqu'à la fin de la saison 2025 et jusqu'en 2026.
Travaux historiques par Newmont comprennent CAD$10 millions en exploration, 4 377 m de forage sur Jorimina et 3 504 m sur Randypata, ainsi que des observations d'échantillonnage de canaux telles que 17,4 m à 3,06 g/t Au et de longues intersections de forage (par exemple, 150 m à 0,69 g/t Au dont 72,3 m à 1,19 g/t Au). L'entreprise a déclaré qu'elle finaliserait prochainement le plan d'exploration de cet été.
Newcore Gold (OTC: NCAUF) berichtete, dass die erforderlichen Zahlungen für den Gemeindezugang für die Projekte Jorimina und Randypata abgeschlossen wurden, wodurch der Explorationszugang bis zum Ende der Saison 2025 und darüber hinaus ins Jahr 2026 erhalten bleibt.
Historische Arbeiten von Newmont umfassen CAD$10 Millionen an Exploration, 4.377 m Bohrungen bei Jorimina und 3.504 m bei Randypata, sowie Kanalprobennachweise wie 17,4 m mit 3,06 g/t Au und lange Bohrabschnitte (z. B. 150 m mit 0,69 g/t Au, einschließlich 72,3 m mit 1,19 g/t Au). Das Unternehmen sagte, dass es den Explorationsplan für diesen Sommer in Kürze finalisieren wird.
Newcore Gold (OTC: NCAUF) أَفادت بأن المدفوعات اللازمة للوصول المجتمعي لمشروعي جوريـمـينا وراندـيبـاتا قد اكتملت، مما يحافظ على الوصول إلى الاستكشاف حتى نهاية موسم 2025 وامتداده إلى 2026.
الأعمال التاريخية من نيومونت تشمل 10 ملايين دولار كندي في الاستكشاف، و4,377 م حُفرت في جوريـمـينا و3,504 م في راندـيبـاتا، بالإضافة إلى أمثلة أخذ عينات القنوات مثل 17.4 م من 3.06 ج/ط Au وامتدادات حفر طويلة (مثلاً 150 م من 0.69 ج/ط Au بما في ذلك 72.3 م من 1.19 ج/ط Au). قالت الشركة إنها ستنهّي خطة الاستكشاف لهذا الصيف قريباً.
- Community access payments completed through end-2025 into 2026
- Newmont previously invested CAD$10 million in exploration
- Historic drilling totals: 4,377 m (Jorimina) and 3,504 m (Randypata)
- Historic channel and drill results not verified by company geologists
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") is pleased to announce that all required payments under the community access agreement respecting the Jorimina and Randypata projects have been made, maintaining Magma's access rights for exploration on these two mineralized zones. Newmont Mining Corp. ("Newmont") previously carried out CAD
Historic channel sample results from the Jorimina Zone are summarized in Newmont's internal report "Informe Técnico y Geológic Proyecto Niñobamba 2008 a Abril 2009". Newmont noted that 2813 channel samples were collected throughout the Jorimina and Randypata zones. Gold highlights from the channel samples show: 17.4 m of 3.06 g/t Au, 60.0 m of 0.40 g/t Au, and 200 m of 0.26 g/t Au. The best silver results from the Jorimina zone are 128 m of 1.31 oz/t Ag, 96 m of 0.62 oz/t Ag and 60 m of 0.82 oz/t Ag.
Newmont completed 4,377 m of drilling at Jorimina, and 3,504 m of drilling at Randypata in 2010 and 2011. Results and discussion are provided in Newmont's internal report dated January 2010 "Informe Técnico y Geológic Proyecto Niñobamba Mayo - Diciembre 2009". Highlights from Newmont's historical drilling include a long-mineralized intersection in JOR-001 Hole returning 150m of 0.69 g/t Au including an interval of 72.3m of 1.19 g/t Au and 97.6m of 0.42 g/t Au including an interval of 24.6m of 1.07 g/t Au. Note that these results are historical and have not been verified by the Company's geologists.
The community access agreement with Comunidad Campesina De Tunsulla is in good standing through the end of the 2025 exploration season and into 2026. This allows Magma to commence exploration activities on Jorimina and Randypata immediately. The Company expects to finalize this summer's exploration plan on Jorimina and Randypata shortly.
Stephen Barley, Magma Chairman & CEO, stated: "A community access agreement is the foundation for all exploration in Peru and the importance of obtaining and maintaining these agreements and continuously striving to ensure a harmonious and mutually beneficial relationship with the local community members cannot be overstated. This is their land, and we are being allowed the privilege of exploring and developing the property. We will endeavor to treat the land and local communities with the utmost care and respect at all times."
Qualified Person
Jeffrey Reeder, P.Geo, a qualified person as defined in National Instrument 43-101 and a Senior Technical Advisor of the Company, has prepared, supervised the preparation or approved of the scientific and technical disclosure contained in this news release.
About Magma Silver Corp.
Magma Silver Corp. is a natural resources company with a focus on acquiring, exploring, developing, and operating precious metal mining exploration projects. The Company's primary focus is on exploring and developing the advanced Niñobamba silver-gold project in the mining-friendly country of Peru.
For further information, please contact Magma Silver Corp.:
Jason Baker, Chief Financial Officer
Phone: +1-604-252-2672
Email: info@magmasilver.com
Website: www.magmasilver.com
X: @MagmaSilverCorp
Reader Advisory
This news release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this news release are forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Magma Silver Corp.'s periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "should," and similar expressions, are forward-looking statements. The information provided in this document is necessarily summarized and may not contain all available material information. Forward-looking statements include those concerning: (i) the Company's exploration plans at the Jorimina and Randypata zones and the timing of when such plans will be finalized; and (ii) the Niñobamba property remaining in good standing. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can't make any assurances that its expectations will be achieved. Such assumptions may prove incorrect. Although the Company has attempted to identify important factors that could cause actual results, performance, or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-looking information in this news release will transpire or occur, or, if any of them do so, what benefits that the Company will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259715
FAQ
What did Newcore Gold (NCAUF) announce on November 4, 2025 about Enchi/Jorimina access?
How much historic exploration did Newmont complete on Jorimina and Randypata?
What are the headline historic assay highlights cited for Jorimina?
Does the November 4, 2025 release say Newcore verified historic results?
When will Newcore begin exploration activities at Jorimina and Randypata?
Which community agreement secures access for Newcore’s exploration through 2026?
