10:38 AM EDT, 04/01/2025 (MT Newswires) -- Newcore Gold ( NCAUF ) was at last look up more than 7%, but was even higher and even nearer to 52-week highs, after the company reported Tuesday additional drill results from a 35,000-meter drill program at the Enchi gold project in Ghana.

A statement noted highlights include 0.73 grams per tonne (g/t) gold over 68.0 meters and 1.39 g/t gold over 24.0 meters.

Newcore said drilling continues to prove out the continuity of gold mineralization and potential for resource growth at Enchi.

"These results from Sewum, the largest deposit currently defined at Enchi, highlight both the positive continuity of near-surface mineralization as well as the strong potential for future resource growth across the project," said Luke Alexander, Newcore's president and CEO.

Newcore will use the drill results for a pre-feasibility study that it plans to commission later this year.

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