Mining Stock Daily New Drill Results from Newcore's Kwakyekrom Deposit within Enchi
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Nov 6, 2025 Luke Alexander, CEO of Newcore Gold, dives into the Enchi Gold Project, focusing on recent drill results from the Kwakyekrom deposit. He reveals impressive high-grade intercepts, emphasizing the shift towards resource expansion strategies. The conversation covers the potential for growing deposits significantly and the company's strategic focus on deep high-grade feeder zones. Luke also comments on market trends, discussing how recent underperformance might present unique investment opportunities in the gold sector.
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Kwakyekrom Shows Near-Surface Growth Potential
- Kwakyekrom is Newcore's fourth-largest deposit and has seen limited drilling compared with the three larger deposits.
- Recent step-out holes returned above-average near-surface grades, indicating upside for resource expansion.
Prioritize Step-Out Drilling For Expansion
- Phase two of the 45,000 m program prioritizes resource expansion by stepping out from existing deposits.
- Continue drilling less-tested areas to grow mineralized footprint and convert inferred ounces to indicated.
Strong Shallow Intercepts Reported
- Newcore released 24 holes (~3,800 m) at Kwakyekrom with highlights like 1.08 g/t over 22 m and 1.29 g/t over 15 m.
- Most intercepts are shallow (mostly within ~100 m) with the deepest ~200 m, supporting easier resource addition.