Newcore Gold Drilling Intersects 184 g/t Gold over 1.0 Metre and 3.06 g/t Gold over 13.0 Metres, at the Enchi Gold Project, Ghana

Executive Summary

• Newcore Gold released high‑grade RC drill intercepts from the Kojina Hill target, including a standout 184 g/t Au over 1.0 m (hole KJRC033) and multiple near‑surface zones up to 8.09 g/t Au.
• The results represent the highest‑grade interval encountered at Kojina Hill to date and support the company’s plan for resource growth and conversion of inferred resources to indicated within its 35,000‑m Enchi drill program.
• Overall drilling success remains strong: 98.5 % of 207 holes (25,097 m) intersect gold mineralization, underscoring the district‑scale potential of the project.

Key Details

• Hole KJRC033: 184 g/t Au over 1.0 m from 126 m depth (true width unknown); part of a continuous 24‑m zone (124–148 m) that also includes 0.75 g/t Au over 2 m, 1.08 g/t Au over 7 m, and 0.57 g/t Au over 10 m. QA/QC samples confirmed the high grade (225 g/t Au over 1 m).
• Hole KJRC034: 3.06 g/t Au over 13 m from surface; contains higher‑grade sub‑intervals of 8.09 g/t Au over 3 m (2–5 m) and 4.59 g/t Au over 3 m (9–12 m).
• Additional Intercepts:
• KJRC036 – 0.58 g/t Au over 14 m from surface; 0.43 g/t Au over 19 m from 24 m depth.
• KJRC037 – 0.57 g/t Au over 29 m from 20 m depth, including 1.29 g/t Au over 6 m (21–27 m).
• Program Scope: 7 RC holes totalling 970 m at Kojina Hill; cumulative Enchi program to date = 25,097 m in 207 holes, with 98.5 % intersecting gold.
• Drill Program Overview: 35,000‑m campaign (2024‑2025) aimed at infill drilling for resource conversion and discovery on earlier‑stage targets; first phase completed to support a Pre‑Feasibility Study later in 2025.
• Resource Context: Enchi currently hosts an Indicated Resource of 41.7 Mt @ 0.55 g/t Au (743,500 oz) and an Inferred Resource of 46.6 Mt @ 0.65 g/t Au (972,000 oz). Kojina Hill remains an advanced target with no defined resource.
• Future Work: Continued drilling to test depth extension and strike continuity; additional exploration activities include metallurgical testing, trenching, hydrogeological, geotechnical, environmental work, drone surveys, airborne magnetic survey, and soil sampling across the district‑scale property.

Notable Quotes

“Drilling completed at the earlier stage Kojina Hill Gold Target…continues to highlight the potential for future resource growth both in the near‑surface oxide mineralization in tandem with the high‑grade zones encountered to depth…” – Greg Smith, Vice President of Exploration

All technical data reviewed and approved by Mr. Gregory Smith, P.Geo., Qualified Person (NI 43‑101).