06:26 AM EST, 02/28/2025 (MT Newswires) -- Newcore Gold ( NCAUF ) , which recently secured $15 million in equity financing, on Friday said it increased its 2024-2025 drill program to 35,000 meters at the Enchi gold project in Ghana.

The expanded drill program will allow Newcomer to accelerate completion of the drilling required for resource conversion ahead of commissioning a pre-feasibility study later this year.

The company said it intersected multiple zones of gold mineralization at the Boin gold deposit. Highlights of the results include 1.28 grams per tonne gold over 63 meters from 9 meters; and 2.18 g/t gold over 23 meters from 6 meters, including a higher-grade interval of 5.58 g/t over 8 meters from 16 meters.

"These latest results from the drill program, focused on Boin which is our second largest deposit at Enchi, continue to highlight the resource growth potential from near surface mineralization that is amenable to open pit mining and heap leach processing," said Greg Smith, vice president of exploration at Newcore.