Newcore Gold Drilling Intersects 1.59 g/t Gold over 15.5 Metres, Including 3.22 g/t Gold over 6.4 Metres, at the Enchi Gold Project, Ghana

• On 2026‑04‑08 Newcore Gold announced drill results from eight new diamond holes (total 1,685 m) at the Sewum zone of its Enchi Gold Project in Ghana.
• The headline intercepts are 1.59 g/t Au over 15.5 m (hole SWDD107) with a higher‑grade sub‑interval of 3.22 g/t Au over 6.4 m. Other holes returned grades ranging from 0.41 g/t to 2.41 g/t, all above the current Enchi indicated resource grade of 0.56 g/t Au.
• The deepest vertical depth drilled now reaches 140 m, extending below the pit‑constrained envelope and confirming open‑at‑depth potential across a 500 m strike length.
• Management states these results will feed an updated NI 43‑101 technical report (NI 43‑101‑301) slated for filing later in 2026 and support the ongoing Pre‑Feasibility Study (PFS) targeted for completion by June 2026.

Aspect	Prior expectation	New information	Impact
Resource grade & continuity	Expected to see grades at or above 0.56 g/t Au as drilling deepens (see March‑2026 resource update)	Intercepts of 1.59 g/t over a long interval and 3.22 g/t sub‑interval, all above the current grade	Incremental – confirms depth potential but was anticipated after the 60 k m drill program expansion announced in March 2026
Depth extension	Planned to reach >140 m (see March‑2026 drilling programme)	Achieved 140 m – deepest to date, confirming open‑at‑depth hypothesis	Routine – meets schedule
Timing for technical report	Expected filing “later in 2026” (March release)	No change; still slated for later 2026	Neutral
Market perception	Positive sentiment from March resource double‑up and PFS commissioning	Reinforces earlier optimism, no surprise catalyst	Routine‑Positive

Overall the news delivers expected technical progress that validates prior guidance. It does not introduce a new financing event, partnership, or major cost change, so the materiality is Routine – Positive.

• Company: Newcore Gold Ltd. (TSX‑V: NCAU) – junior gold explorer focused on the Enchi Gold Project in Ghana’s Bibiani Shear Zone.
• Flagship asset: Enchi comprises a 248 km² land package with four primary deposits (Boin, Sewum, Nyam, Kwakyekrom). Current NI 43‑101 resources: Indicated 41.7 Mt @ 0.55 g/t Au (≈743 k oz) and Inferred 46.6 Mt @ 0.65 g/t Au (≈972 k oz).
• Development plan: Open‑pit, heap‑leach operation (PEA) with LOM average cash cost US$934/oz and AISC US$1,018/oz; PFS targeted for H1 2026.