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. reports exploration and development updates for its 100% owned Enchi Gold Project in Ghana. Company news centers on diamond drilling at deposits including Boin and Sewum, gold mineralization in oxide-transition and fresh rock horizons, and the potential for resource growth at depth. Updates also cover NI 43-101 mineral resource estimates, technical reports, pre-feasibility study work, metallurgical testing, hydrogeology, geotechnical and environmental programs, and capital actions such as warrant exercises that fund project advancement.
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.
Newcore Gold (OTCQX:NCAUF) has received $3.8 million from the exercise of 9,558,578 warrants at $0.40 per share, which expired on September 26, 2025. The company now has a strong cash position of $10.1 million to advance its Enchi Gold Project in Ghana.
Management and Board maintain approximately 15% equity ownership, demonstrating strong alignment with shareholders. The company is executing a 35,000-metre drill program and plans to complete a Pre-Feasibility Study in H1 2026. An additional tranche of 20,423,000 warrants at $0.50 could provide another $10.2 million if exercised by February 27, 2026.
Newcore Gold (OTCQX:NCAUF) announced significant drilling results from its Enchi Gold Project in Ghana, highlighting substantial gold mineralization at the Kojina Hill target. The drilling program revealed high-grade intersections of 184 g/t gold over 1.0 metre in hole KJRC033 and 3.06 g/t gold over 13.0 metres from surface in hole KJRC034.
The results are part of a larger 35,000-metre drill program focused on resource growth and infill drilling. Kojina Hill, a pre-resource stage target, continues to demonstrate potential for future resource expansion. The project currently hosts an Indicated Mineral Resource of 743,500 ounces gold and an Inferred Resource of 972,000 ounces.
Newcore Gold (OTCQX:NCAUF) has announced its annual grant of equity incentive awards to various stakeholders. The company has granted 2,815,000 stock options at $0.64 per share with a five-year term, along with 1,880,000 restricted share units and 525,000 performance share units.
These equity incentive awards, which are subject to regulatory approval and vesting provisions, were distributed among employees, consultants, directors, and executives under the company's long-term incentive plan.
Newcore Gold (OTCQX: NCAUF) held its Annual General Meeting (AGM) on July 17, 2025, where shareholders approved all proposed resolutions. The meeting saw participation representing 48.38% of total shares, with 122,797,979 common shares voted.
Shareholders approved maintaining seven directors and re-elected all incumbent board members. Additionally, they re-approved the company's long-term incentive plan and reappointed PricewaterhouseCoopers LLP as auditors.
Newcore Gold (OTCQX:NCAUF) announced significant drilling results from its 35,000-metre drill program at the Enchi Gold Project in Ghana. Key intersections at the Sewum Gold Deposit include 0.89 g/t Au over 33.0 metres and 3.98 g/t Au over 6.0 metres, demonstrating consistent near-surface gold mineralization.
The Sewum deposit, the largest of five deposits at Enchi, currently holds an Indicated Resource of 323,300 ounces and an Inferred Resource of 373,100 ounces. The drilling program aims to convert Inferred Resources to Indicated in preparation for a Pre-Feasibility Study planned for 2026.
Results from 47 RC holes showed 98% success rate in intersecting gold mineralization, with multiple shallow mineralized structures identified across an average width of 250 metres and length of 800 metres within oxide and transition horizons.
Newcore Gold (NCAUF) has announced significant drilling results from its ongoing 35,000-metre drill program at the Enchi Gold Project in Ghana. Key highlights include intersections of 2.25 g/t gold over 56.0 metres from 96 metres (Hole KBRC352) and 1.16 g/t gold over 72.0 metres from 104 metres (Hole KBRC344) at the Boin Gold Deposit. The program, focused on resource growth and infill drilling, aims to convert Inferred Resources to Indicated Resources before commissioning a Pre-Feasibility Study later this year.
The drilling results revealed multiple wide zones of gold mineralization with higher-grade sub-intervals, particularly in the north-central and south-central portions of the Boin deposit. The Enchi Project currently hosts an Indicated Mineral Resource of 743,500 ounces gold (41.7 million tonnes at 0.55 g/t Au) and an Inferred Resource of 972,000 ounces gold (46.6 million tonnes at 0.65 g/t Au).