Newcore Gold has started drill-testing deeper, high-grade targets at the Enchi project in Ghana. (Credit: Newcore Gold)
Newcore Gold (TSXV: NCAU) said drilling at its Enchi gold project in southwestern Ghana encountered multiple wide zones of higher-grade gold mineralization. Shares rose.
Hole KBRC357 in the north-central portion of the Boin gold deposit intersected 4.41 grams per tonne gold over 24 metres from 126 metres downhole, including a higher-grade interval of 10 metres at 9.08 grams gold from 132 metres depth, Newcore said Tuesday in a statement.
All 11 holes whose results were disclosed in Tuesday’s statement revealed gold mineralization. Hole KBRC360 intersected 52 metres at 1.58 grams gold from 75 metres downhole, including a higher-grade interval of 16 metres grading 3.04 grams gold from 96 metres downhole, Newcore said.
Drilling “continued to deliver high-grade hits at depth and…
