• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 21, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

Newcore Gold Drilling Confirms Potential for Resource Growth at Enchi Gold Project

Maynard Championby Maynard Champion
June 8, 2022
Reading Time: 3 mins read
Add as Preferred on Google
gold

Gold bars stacked together

Newcore Gold has announced drill results from the company’s ongoing 90,000 metre drill program, as results confirm potential for resource growth at its wholly owned Enchi Gold Project in Ghana.

The company stated that first pass Reverse Circulation (RC) drilling at the Tokosea Gold Target, intersected 1.29 grams per tonne gold over 13.0 metres from 42 metres in the oxides. This included an additional zone in the upper sulphides intersecting 0.48 g/t Au over 32.0 metres from 106 metres, including 1.06 g/t Au over 7.0 metres from 108 metres.

Drilling on the central portion of the main structure at Tokosea, extended the main mineralized zone up- and down- dip from the previously drill tested zone. The drilling progran extended mineralization on the central portion of the main structure by 100 metres to the south, intersecting 1.64 g/t Au over 10.0 metres from 158 metres.

Most of the holes drilled at Tokosea also tested a sub-parallel zone located approximately 350 metres west of the main structure. Drilling intersected additional gold mineralization within the near-surface oxidized zone and upper portion of the sulphide zone. 

ADVERTISEMENT

This drilling was completed as part of the first pass discovery drilling completed at Tokosea in 2022, with prior results announced March 7, 2022 and April 20, 2022.

gold
Gold coins

Drill Program Intersects Gold Mineralization

According to a press statement by Newcore Gold, it reports results for 26 RC holes totalling 3,501 m (TORC057 to TORC082) targeting the Tokosea Gold Target. On account of gold mineralization, 20 of the 26 holes intersected gold mineralization, the statement read.

Greg Smith, VP Exploration of Newcore said:

“We are excited by the results we have achieved from our inaugural drill program at Tokosea. Only 82 holes have been drilled on the target, with drilling testing mineralization to an average vertical depth of only 75 metres.

“First pass drilling at Tokosea focused on testing shallow gold mineralization within the oxides and upper portion of the sulphides, with the target remaining open along strike and at depth and only a small portion of the anomaly tested to date.”

Greg Smith

Considering these positive results, Greg Smith said these showed an expansion of the new discovery at Enchi and confirmed “the potential for resource growth across the Project”, which is a district scale property located on a very productive gold belt. The gold belt hosts a series of multi-million-ounce gold mines.

The Enchi Gold Project hosts a pit constrained Inferred Mineral Resource of 70.4 million tonnes grading 0.62 g/t Au containing 1.41 million ounces. 

ADVERTISEMENT

First pass drilling at Tokosea now consists of 82 RC holes totalling 10,238 metres to designed to test gold-in-soil and trench anomalies. The wide spaced and shallow drilling tested several targets within a four-kilometre-by-two-kilometre area, with 68 of the 82 holes intersecting gold mineralization.

Tokosea is a large, previously undrilled gold target at Enchi, located in the central portion of the property to the north of the Sewum Gold Deposit. Tokosea is outlined on surface by a six-kilometre-long and two-to-three-kilometre-wide gold-in-soil anomaly.

For the total planned 90,000 metre drill program which began in 2020, assay results have now been received and released for 549 holes representing 86,565 metres.

ADVERTISEMENT

READ ALSO: Ghana Gold- Missed Golden opportunities: Sale of Golden Star Resources

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: drillingEnchi goldgoldNewcore
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Cineworld Pulls Back Movie About Prophet Muhammad’s Daughter

Next Post

Mortality Rate Of Monkeypox Is Not As High As Covid- Virologist

Related Posts

Power Lithium
Extractives/Energy

Lithium: Accelerating EV Battery Retirements Drive Improving Capacity Utilization Rates

July 21, 2026
LPG Reform
Extractives/Energy

COMAC Renews Push for LPG Tax Reform

July 21, 2026
Goldbod CEO, Sammy Gyamfi with BoG Governor, Johnson Asiama
Extractives/Energy

BoG ‘Backtracks’ on Pre-Financing Goldbod’s Gold Purchase Programme

July 21, 2026
Lithium products
Extractives/Energy

Lithium Recycling Market Projected 12% Annual Compound Growth

July 21, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Franklin Cudjoe, Founding President of IMANI Centre for Policy and Education

Wontumi et al: A Call for Legal Consistency and Fairness in Ghana’s Fight Against Illegal Mining

July 21, 2026
Inusah Fuseini

Wontumi’s Political Insurance Expired On December 7, 2024 — Former Lands Minister

July 21, 2026
Javier Tebas, La Liga president

Javier Tebas Criticizes FIFA, Claims It Acts in Its Own Interest

July 21, 2026
Kaylee Hottle, Actress

Tragic Car Accident Claims Life of Young Godzilla Star Kaylee Hottle

July 21, 2026
Health Minister, Hon. Kwabena Mintah Akandoh

Ministry of Health Debunks False Ebola Claims Circulating Online

July 21, 2026
ADVERTISEMENT
Next Post
A Virologist at the Kumasi Center for Collaborative Research (KCCR), Dr Michael Owusu, has revealed that the mortality of monkeypox is not as high as that of Covid-19.

Mortality Rate Of Monkeypox Is Not As High As Covid- Virologist

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.