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Newcore Gold hits high-grade gold over 37m at Enchi project, expanding resource potential.

Market News
28 Oct 2026, 13:02 WIB
GlobeNewsWire
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Bullish
Newcore Gold hits high-grade gold over 37m at Enchi project, expanding resource potential.

Newcore Gold Ltd. reported diamond drilling results at its Enchi Gold Project in Ghana, intersecting 2.16 g/t gold over 37 meters, including 5.10 g/t over 9 meters, below current reserve pits at the Nyam Gold Deposit. These results indicate continuity and potential growth of high-grade gold mineralization, supporting future resource conversion and reserve expansion. The ongoing 80,000-meter drill program aims to further define and grow resources, with new data expected to enhance upcoming economic studies and mine planning. All deposits at Enchi remain open for expansion along strike and depth, highlighting the project's long-term potential.

Newcore Gold's Enchi Gold Project drilling results come amid a Basic Materials sector breadth of 83 US stocks on Pluang, with 29 rising and 48 falling as of Oct 28, 2026 14:51 WIB. Among these, Americas Gold and Silver Corporation (USAS) traded at USD 3.14 with 100% buy order activity and a typical hold time of 3 days. CRH PLC (CRH) and Constellium SE (CSTM) also saw positive 1-day changes of +1.43%, trading at USD 87.00 and USD 24.90 respectively, with typical hold times of 5 and 13 days.

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