Newcore Gold — Capital/Financing Update 2021

Aug 18, 2021

NEWS RELEASE

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Newcore Gold Increases Drill Program to 90,000 Metres and Intersects 1.00 g/t Gold Over 103.0 Metres at the Enchi Gold Project, Ghana

Results from Additional Drilling on the Boin and Sewum Gold Deposits; Drilling Continues to Encounter Wide Zones of Near Surface Mineralization

August 18, 2021

TSX-V: NCAU, OTCQX: NCAUF

Vancouver, BC – Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that on the back of the success achieved to date with drilling at the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana, and the completion of an $11.5 million equity financing, the Company has increased its 2020 - 2021 drill program to 90,000 metres. Newcore is also pleased to announce additional drill results, with drilling at the Boin Gold Deposit ("Boin") at Enchi intersecting 1.00 grams per tonne gold ("g/t Au") over 103.0 metres ("m") from 113 m, as well as an additional near surface interval in the same hole of 0.63 g/t Au over 40.0 m from 27 m. Drilling at the Sewum Gold Deposit ("Sewum") at Enchi has intersected 0.63 g/t Au over 77.0 m from 4 m, including 0.72 g/t Au over 36.0 m from 4 m in the oxides and 1.22 g/t Au over 14.0 m from 53 m in the sulphides. These results continue to encounter wide zones of mineralization near surface, expanding the mineralised area outside the existing pit constrained resource.

Highlights from Drilling at Boin and Sewum

• Drill program at Enchi increased to 90,000 metres on the back of completing an $11.5 million equity financing in early August. o Newcore is funded to continue drilling at Enchi, building on the successful drilling completed to date, focused on unlocking the multi-million-ounce potential of the Project.

• Drilling on the northern portion of the Boin Gold Deposit has encountered wide zones of gold mineralization, extending the drill tested gold mineralization down dip.

• Hole KBRC276 intersected 1.00 g/t Au over 103.0 m from 113 m to 216 m (sulphide zone), including a series of higher-grade structures:

  • 4.16 g/t Au over 5.0 m from 121 m to 126 m;

  • 2.91 g/t Au over 1.0 m from 132 m to 133 m; and

  • 1.67 g/t Au over 16.0 m from 198 m to 214 m.

• Hole KBRC276 intersected two additional mineralized structures with 0.64 g/t Au over 12.0 m from 91 m to 103 m (sulphide zone), and 0.63 g/t Au over 40.0 m from 27 m to 67 m (oxide transitioning to sulphide zone) including 3.42 g/t Au over 2.0 m from 44 m.

• Hole KBRC278 intersected 1.49 g/t Au over 15.0 m from 117 m to 132 m (sulphide zone), including 2.44 g/t Au over 6.0 m from 123 m.

• Drilling on the Sewum Gold Deposit continues to intersect multiple wide zones of gold mineralisation near surface.

• Hole SWRC107 intersected a wide zone of mineralization near surface of 0.63 g/t Au over 77.0 m from 4 m to 81 m (oxide transitioning to sulphide zone), including 0.72 g/t Au over 36.0 m from 4 m (oxide) and 1.22 g/t Au over 14.0 m from 53 m (sulphide).

Suite 413 - 595 Burrard Street, P.O. 49167 Vancouver, British Columbia V7X 1J1

www.newcoregold.com info@newcoregold.com

Greg Smith, Vice President of Exploration of Newcore stated, "We continue to highlight the potential for resource growth at Enchi, with wide zones of near-surface gold mineralization encountered at Sewum and Boin, the two gold deposits that comprise the majority of the currently defined mineral resource at Enchi. We also continue to increase our knowledge of the geology, structure and mineralization at each of the deposits, targeting the deeper high grade feeder structures. We are excited to be in a strong financial position to continue to unlock the district scale opportunity at our Enchi Gold Project, with Newcore well-funded to continue to drill the Project into 2022."

This news release reports results for 10 Reverse Circulation ("RC") holes totalling 1,973 m (KBRC271 to KBRC280) targeting the Boin Gold Deposit and 15 RC holes totalling 3,597 m (SWRC099 to SWRC113) targeting the Sewum Gold Deposit at Enchi, with 23 of the 25 holes intersecting gold mineralization.

Select assay results from the 25 holes of the drill program reported in this release are below:

Table 1 - Enchi Gold Project Drill Highlights

Hole ID	Zone/Deposit	From (m)	To (m)	Length (m)	Au (g/t)
KBRC276	Boin (North)	27.0	67.0	40.0	0.63
and		91.0	103.0	12.0	0.64
and		113.0	216.0	103.0	1.00
including		121.0	126.0	5.0	4.16
and incl.		132.0	133.0	1.0	2.91
and incl.		198.0	214.0	16.0	1.67
KBRC273	Boin (North)	166.0	175.0	9.0	1.67
and		183.0	192.0	9.0	1.57
KRC278	Boin (Central)	117.0	132.0	15.0	1.49
and		123.0	129.0	6.0	2.44
KBRC271	Boin (South)	18.0	25.0	7.0	1.22
including		77.0	110.0	33.0	0.47
SWRC107	Sewum	4.0	81.0	77.0	0.63
including		4.0	40.0	36.0	0.72
including		28.0	37.0	9.0	1.82
and incl.		48.0	80.0	32.0	0.70
including		53.0	67.0	14.0	1.22
and		139.0	186.0	47.0	0.39
SWRC099	Sewum	118.0	130.0	12.0	0.73
SWRC100	Sewum	144.0	158.0	14.0	0.74

Notes:

1. See detailed table for complete results

2. Intervals reported are core lengths with true width estimated to be 75 - 85%

3. Length-weighted averages from uncut assays

Plan maps showing the drill hole locations can be viewed at:

https://newcoregold.com/site/assets/files/5722/2021_08-ncau-nr-enchi-plan-maps-l.pdf

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Cross sections showing drill results and highlights for holes KBRC276 and SWRC107 can be viewed at:

https://newcoregold.com/site/assets/files/5722/2021_08_18-ncau-crosssections-l.pdf

A complete list of the 2020 - 2021 drill results to date, including hole details, can be viewed at: https://newcoregold.com/site/assets/files/5722/2021_08-ncau-enchi-2020-2021-drill-results-l.pdf

Drill Results - Boin Gold Deposit

KBRC273 to KBRC276 (4 holes totalling 850 m) were completed in the northern portion of Boin, extending the gold mineralization to depth. Hole KBRC276 intersected multiple structures including 1.00 g/t Au over 103.0 m from 113 m (sulphide zone), with a series of higher-grade structures including 4.16 g/t Au over 5.0 m from 121 m, 2.91 g/t Au over 1.0 m from 132 m, and 1.67 g/t Au over 16.0 m from 198 m. Two additional gold mineralized structures were encountered closer to surface in hole KBRC276 including 0.64 g/t Au over 12.0 m from 91 m (sulphide zone) and 0.63 g/t Au over 40.0 m from 27 m (oxide transitioning to sulphide zone). KBRC276 is located 100 metres west and tests the interpreted down dip extension of RC hole KBRC250 which intersected 95.16 g/t Au over 2.0 m from 109 m, with a second structure of 13.22 g/t Au over 1.0 m from 120 m (sulphide zone) (see news release dated July 21, 2021). The controls resulting in the change of the gold mineralized zone from a narrow high-grade structure to a series of three wide gold zones are interpreted to possibly include multiple, inpart cross cutting structures, fault and/or fold geometries, and the typical pinch and swell characteristic of the Boin Gold Zone. Additional drilling is planned to gain additional geologic and structural information in the vicinity of drill holes KBRC250 and KBRC276. Hole KBRC276 is the westernmost hole on the section and all three wide gold mineralized zones are open to depth with further drilling planned.

KBRC277 to KBRC280 (4 holes totalling 799 m) were completed in the central portion of Boin, extending the gold mineralization to depth. Hole KBRC278 intersected gold mineralization returning 1.49 g/t Au over 15.0 m from 117 m (sulphide zone), including 2.44 g/t Au over 6.0 m from 123 m.

KBRC271 and KBRC272 (2 holes totalling 324 m) were completed in the southern portion of Boin and were located approximately one kilometre south of the current resource. The holes extended the drill tested gold mineralization down dip. Drilling at the southern portion of Boin continues to intersect multiple wide zones of gold mineralization near surface. Hole KBRC271 intersected four gold mineralized zones with results for the two principal structures including 0.47 g/t Au over 33.0 m from 77 m (sulphide zone) and a second intercept of 1.22 g/t Au over 7.0 m from 18 m (oxide zone). Hole KBRC272 intersected two mineralized zones in the sulphide zone, including 0.75 g/t Au over 7.0 m from 102 m and 0.40 g/t Au over 4.0 m from 90 m.

Drill Results - Sewum Gold Deposit

SWRC099 and SWRC105 to SWRC113 (10 holes totalling 2,487 m) were completed in the central portion of the Sewum Gold Deposit. The holes tested the strike extent of the gold mineralization associated with a second mineralized trend which is interpreted to intersect the main trend in this area. Hole SWRC107 intersected 0.63 g/t Au over 77.0 m from 4 m (oxide transitioning to sulphide zone), including 0.72 g/t Au over 36.0 m from 4 m (oxide) and 1.22 g/t Au over 14.0 m from 53 m (sulphide). Hole SWRC099 intersected 0.73 g/t Au over 12.0 m from 118 m (sulphide zone).

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SWRC100 to SWRC104 (5 holes totalling 1,110 m) were completed at Sewum Extension on the southern end of the current resource area at Sewum. SWRC101 intersected 0.62 g/t Au over 17.0 m from 154 m (sulphide zone) and SWRC100 intersected 0.74 g/t Au over 14.0 m from 144 m (sulphide zone).

A total of 65,400 metres in 366 holes have been completed as part of the ongoing 2020 - 2021 drill program at Enchi. For the total planned 90,000 metre drill program, assay results have now been received and released for 305 holes representing 50,655 metres.

Enchi Gold Project Mineral Resource Estimate

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 gold (see Newcore news release dated June 8, 2021). Mineral resource estimation practices are in accordance with CIM Estimation of Mineral Resource and Mineral Reserve Best Practice Guidelines (November 29, 2019) and follow CIM Definition Standards for Mineral Resources and Mineral Reserves (May 10, 2014), that are incorporated by reference into National Instrument 43-101 ("NI 43-101"). The Mineral Resource Estimate was prepared by independent qualified person Todd McCracken, P. Geo. of BBA E&C Inc. The technical report, titled "Preliminary Economic Assessment for the Enchi Gold Project, Enchi, Ghana" has an effective date of June 8, 2021 and is available under the Company’s profile on SEDAR at www.sedar.com.

2020 - 2021 Enchi Drilling Program

A 90,000 metre discovery and resource expansion drilling program is underway at Enchi. The program includes both RC and diamond drilling and will include the first deeper drilling planned on the Project. This drill program includes testing extensions of the existing resource areas while also testing a number of high priority exploration targets outside of the Inferred Mineral Resource. Drilling is focused on step out extensions and exploration drilling at the Sewum, Boin, Nyam and Kwakyekrom Deposits. Additional drilling is planned at previously drilled zones that are outside of the resource area (Kojina Hill and Eradi), along with first pass drilling to test a series of kilometre-scale gold-in-soil anomalous zones with no prior drilling (Nkwanta, Sewum South and other anomalies). All zones represent high priority targets based on geological, geochemical and geophysical surface work and previous trenching and drilling.

Boin Gold Zone

The Boin Gold Deposit is one of the primary deposits which comprise the pit constrained Inferred Mineral Resource Estimate at Enchi, with Boin hosting approximately 36% of the currently defined resource (21.8 million tonnes grading 0.72 g/t Au containing 504,800 ounces). Boin is located 10 kilometres south of the town of Enchi, with nearby roads and power and further access provided by a series of drill roads. Boin is outlined on surface by a greater than six-kilometre-long by up to one-kilometre-wide gold in soil anomaly. An airborne geophysical anomaly coincident with the Boin structure extends for a further two kilometres north and four kilometres south beyond the limits of current drilling. To date, approximately 50% of the gold-in-soil anomaly is untested by drilling. As part of the current drill program a total of 156 holes totalling 25,648 metres have been completed at Boin.

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Sewum Gold Zone

The Sewum Gold Deposit is the largest of the four deposits which comprise the pit constrained Inferred Mineral Resource Estimate at Enchi, with Sewum hosting approximately 51% of the currently defined resource (41.0 million tonnes grading 0.55 g/t Au containing 725,200 ounces). Sewum is located 15 kilometres south of the town of Enchi, with nearby roads and power and further access provided by a series of drill roads. Sewum is outlined on surface by a six-kilometre-long and one-to-two-kilometre-wide gold in soil anomaly. An airborne geophysical anomaly coincident with the Sewum Deposit defines a series of sub parallel and intersecting structures. To date, approximately 50% of the gold-in-soil anomaly is untested by drilling. As part of the current drill program a total of 60 holes totalling 13,785 metres have been completed at Sewum.

Drill Hole Locations

Table 2 - Enchi Gold Project Drill Hole Location Details

Hole ID	UTM East	UTM North	Elevation	Azimuth °	Dip °	Length (m)
KBRC271	517381	631566	110	114	-50	162
KBRC272	517432	631655	126	114	-50	162
KBRC273	519489	634780	132	114	-50	278
KBRC274	520124	635198	127	114	-55	200
KBRC275	520245	635365	116	114	-55	156
KBRC276	520217	635377	120	114	-55	216
KBRC277	518205	632743	131	114	-60	216
KBRC278	518259	632764	129	114	-55	156
KBRC279	518229	632779	127	114	-55	205
KBRC280	518288	632806	122	114	-60	222
SWRC099	521332	628166	110	120	-50	150
SWRC100	520433	626319	116	120	-60	252
SWRC101	520451	626371	112	120	-60	220
SWRC102	520332	626142	93	120	-60	200
SWRC103	520348	626128	98	120	-50	174
SWRC104	520571	626500	93	120	-60	264
SWRC105	521415	628026	106	120	-50	274
SWRC106	521448	627900	104	120	-50	234
SWRC107	521408	627918	102	120	-50	186
SWRC108	521444	628077	114	120	-50	300
SWRC109	521438	627962	104	120	-50	262
SWRC110	521480	627942	105	120	-50	222
SWRC111	521341	627895	108	120	-50	300
SWRC112	521464	628007	107	120	-50	276
SWRC113	521387	627988	98	120	-50	283

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Share Issuance for Drill Services

Newcore has issued 1,363,883 payment shares in settlement of $875,896 in drilling services pursuant to the agreement with Geodrill Limited that was announced on April 28, 2021. The shares were issued in three tranches, at a deemed price per share equal to the 15-day VWAP immediately prior to the issuance of the shares and are subject to a hold period expiring four months following the date of issuance. The first tranche was issued on May 27, 2021 (400,145 shares at a price per share of $0.6211), the second tranche was issued on June 30, 2021 (501,423 shares at a price per share of $0.6101), and the third tranche was issued on August 5, 2021 (462,315 shares at a price per share of $0.6953).

COVID-19 Protocols

Newcore’s first priority is the health and safety of all employees, contractors, and local communities. The Company is following all Ghana guidelines and requirements related to COVID-19. The Company has implemented COVID-19 protocols for its ongoing drill program consisting of the mandatory use of personal protective equipment (including facemasks for all employees), maintaining social distancing, frequent hand washing, and daily temperature checks at the start of each shift.

Newcore Gold Best Practice

Newcore is committed to best practice standards for all exploration, sampling and drilling activities. Drilling was completed by an independent drilling firm using industry standard RC and Diamond Drill equipment. Analytical quality assurance and quality control procedures include the systematic insertion of blanks, standards and duplicates into the sample strings. Samples are placed in sealed bags and shipped directly to Intertek Labs located in Tarkwa, Ghana for 50 gram gold fire assay.

Qualified Person

Mr. Gregory Smith, P. Geo, Vice President of Exploration of Newcore, is a Qualified Person as defined by NI 43-101, and has reviewed and approved the technical data and information contained in this news release. Mr. Smith has verified the technical and scientific data disclosed herein and has conducted appropriate verification on the underlying data including confirmation of the drillhole data files against the original drillhole logs and assay certificates.

About Newcore Gold Ltd.

Newcore Gold is advancing its Enchi Gold Project located in Ghana, Africa’s largest gold producer[ (1)] . The Project currently hosts an Inferred Mineral Resource of 1.41 million ounces of gold at 0.62 g/t[ (2)] . Newcore Gold offers investors a unique combination of top-tier leadership, who are aligned with shareholders through their 27% equity ownership, and prime district scale exploration opportunities. Enchi’s 216 km[2] land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several 5 million-ounce gold deposits, including Kinross’ Chirano mine 50 kilometers to the north. Newcore’s vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders.

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On Behalf of the Board of Directors of Newcore Gold Ltd.

Luke Alexander President, CEO & Director

For further information, please contact:

Mal Karwowska | Vice President, Corporate Development and Investor Relations +1 604 484 4399

info@newcoregold.com

www.newcoregold.com

• (1) Source: Production volumes for 2020 as sourced from the World Gold Council

• (2) Notes for Inferred Mineral Resource Estimate:

• CIM definition standards were followed for the resource estimate.

• The 2021 resource models used ordinary kriging (OK) grade estimation within a three-dimensional block model with mineralized zones defined by wireframed solids and constrained by pits shell for Sewum, Boin and Nyam. Kwakyekrom used Inverse Distance squared (ID2).

• A base cut-off grade of 0.2 g/t Au was used with a capping of gold grades varied by deposit and zone.

• A US$1,650/ounce gold price, open pit with heap leach operation was used to determine the cut-off grade of 0.2 g/t Au. Mining costs of US$1.40 for oxides, US$2.10 for transition, and US$2.60 for fresh rock per mined tonne and G&A and milling costs of US$6.83/milled tonne. The Inferred Mineral Resource Estimate is pit constrained.

• Metallurgical recoveries have been applied to four individual deposits and in each case three material types (oxide, transition, and fresh rock) with average recoveries of 77% for Sewum, 79% for Boin, 60% for Nyam and 72% for Kwakyekrom.

• A density of 2.20 g/cm[3] for oxide, 2.45 g/cm[3] for transition, and 2.70 g/cm[3] for fresh rock was applied.

• Optimization pit slope angles varied based on the rock types.

• Mineral Resources that are not mineral reserves do not have economic viability. Numbers may not add due to rounding.

• These numbers are from the technical report titled "Preliminary Economic Assessment for the Enchi Gold Project, Enchi, Ghana", with an effective date of June 8, 2021, prepared for Newcore Gold by BBA E&C Inc. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available under Newcore’s SEDAR profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes statements that contain "forward-looking information" within the meaning of the applicable Canadian securities legislation ("forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: statements about the estimation of mineral resources; results of our ongoing drill campaign, magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.

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These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. The assumptions underlying the forward-looking statements are based on information currently available to Newcore. Although the forward-looking statements contained in this news release are based upon what management of Newcore believes, or believed at the time, to be reasonable assumptions, Newcore cannot assure its shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Forwardlooking information also involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others: risks related to the speculative nature of the Company’s business; the Company’s formative stage of development; the Company’s financial position; possible variations in mineralization, grade or recovery rates; actual results of current exploration activities; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold and other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, unusual or unexpected geological formations); the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

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SWRC088
SWRC087
SWRC090
SWRC089
SWRC099
SWRC091
SWRC108
SWRC098
SWRC105
SWRC113 SWRC112
SWRC092
SWRC109
SWRC093 SWRC110
SWRC094 SWRC106
SWRC095 SWRC077 SWRC107
SWRC076 SWRC111
SWRC096
SWRC097
Pit Shell
Outline
Legend
Drill Hole
Assays Announced
August 18, 2021
Drill Hole
2020 Assay Included in
SWRC104 Mineral Resource Estimate
Diamond Drill Hole
SWRC101
Assays Pending
SWRC084
SWRC100 SWRC083
SWRC081
SWRC080 SWRC082 Previous Drill Holes
SWRC079 SWRC073
SWRC075
SWRC074 500 m
SWRC102 SWRC103
SWRC078
2020-2021 Drill Program | Enchi Gold Project
Sewum, Ghana (As of August 18, 2021)
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KBRC197
KBRC198
KBRC196
KBRC195
KBRC194
KBRC192 KBRC193
KBRC183
KBRC252 KBRC1916600
KBRC181KBRC180 KBRC179 KBRC243
KBRC251 KBRC182
KBDD065 6400
KBRC177 KBRC146
SECTORNORTH KBRC276 KBRC189KBRC241 KBRC2406200KBRC242KBRC147
KBRC238 KBRC239
KBRC173 KBRC275
KBRC274 KBRC2486000
KBRC170 KBRC237
KBRC174KBRC171KBRC235 KBRC232KBRC245
KBRC169 KBRC2335800
KBRC166 KBRC187KBRC234
KBRC168 KBRC165
KBRC167 5600
KBRC186 KBRC164
KBRC273 KBRC163 5400
KBRC185
5200
KBRC152 5000
KBRC151
4800
KBDD064 KBRC153KBRC143
KBDD067 KBRC1444600 Pit Shell
KBRC154
4400 Outline
KBDD063AKBDD063 KBRC2534200
CENTRAL KBRC141 KBRC1404100
SECTOR KBDD066 KBRC155 4000
KBRC155A
3900
3800
3700
KBRC142B
KBRC142 3600
KBDD062 KBRC139 3500
KBDD061A KBRC156A 3400
KBRC158KBRC159 KBRC157B 3300
KBRC138 KBRC138A
KBRC161 3200 Legend
KBRC279KBRC280 KBRC160 3100
KBRC278 KBRC244 3000
KBRC277 KBRC229KBRC228KBRC162 2900 Drill Hole
KBRC231
KBRC203 KBRC230 2800 Assays Announced
KBRC202 2700 August 18, 2021
2600
KBRC206
KBRC205 KBRC204
KBRC209 KBRC208 2400 Drill Hole
KBRC255 KBRC207 Prior 2020 -2021 Assays Not in
KBRC262KBRC227 KBRC226KBRC254 2200 Mineral Resource Estimate
KBRC258 KBRC259 KBRC262 2100
KBRC264KBRC256KBRC257 KBRC263KBRC260 2000 Drill Hole
KBRC267 KBRC224 1900
KBRC266 KBRC223KBRC265KBRC225 1800 Mineral Resource Estimate2020 Assay Included in
KBRC272 KBRC222 1700
KBRC271 KBRC269 KBRC268KBRC270 14001500 1600 Previous Drill Holes
1300 SECTORSOUTH 2 km
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2 km
2020-2021 Drill Program | Enchi Gold Project
Boin, Ghana (As of August 18, 2021)
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SWRC107
SWRC106
SWRC093
SWRC092
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surface 100 Elev
Oxide Zone
50 Elev
0 Elev
-50 Elev
234
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1.48 g/t Au over 3 m 0.63 g/t Au over 77 m including 0.72 g/t Au over 36 m and incl. 1.82 g/t Au over 9 m 0.60 g/t Au over 17 m including 0.70 g/t Au over 32 m and incl. 1.22 g/t Au over 14 m 0.71 g/t Au over 1 m 0.82 g/t Au over 103 m 0.37 g/t Au over 8 m 0.39 g/t Au over 47 m 168 186 0.43 g/t Au over 2 m 220

-100 Elev 2020-2021 Drill Program | Enchi Gold Project Sewum Deposit - Cross Sec�on (A - A’) SWRC107 Viewing Northeast, August 2021

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0 25 50 m
LEGEND
Mineralized Zone
Drillhole trace
2021 Resource Pit Shell
(US$1,650/oz Au)
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KBRC250
KBRC275
KBRC276 KBRC249
0.32 g/t Au over 2 m
surface
0.39 g/t Au over 3 m 100 Elev
0.31 g/t Au over 1 m
0.63 g/t Au over 40 m
including 3.42 g/t Au over 2 m
0.28 g/t Au over 5 m
0.65 g/t Au over 1 m
Oxide Zone
0.35 g/t Au over 3 m 0.31 g/t Au over 1 m 0.30 g/t Au over 2 m
50 Elev
95.16 g/t Au over 2 m
0.64 g/t Au over 12 m
0.93 g/t Au over 5 m
including 1.12 g/t Au over 4 m
13.22 g/t Au over 1 m
0.21 g/t Au over 6 m
1.00 g/t Au over 103 m
including 4.16 g/t Au over 5 m 138 132 0 Elev
0.32 g/t Au over 2 m
including 2.91 g/t Au over 1 m
156
0 25 50 m
LEGEND including 1.67 g/t Au over 16 m
Mineralized Zone
Drillhole trace 2020-2021 Drill Program | Enchi Gold Project
OPEN TO DEPTH
216 Boin - Cross Sec�on (B - B’)
2021 Resource Pit Shell
KBRC276
(US$1,650/oz Au)
Viewing Northeast, August 2021
----- End of picture text -----

Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

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Table accompanies news release dated August 18, 2021

Drill Results Released August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Hole Length (m) UTM North Elevation Azimuth ° Dip °
SWRC099 Sewum 118.0 130.0 12.0 0.73	521332 628166 110 120 -50 150
SWRC100 Sewum 116.0 122.0 6.0 0.60 and 144.0 158.0 14.0 0.74 and 189.0 190.0 1.0 1.06 and 195.0 196.0 1.0 0.41	520433 626319 116 120 -60 252
SWRC101 Sewum 154.0 171.0 17.0 0.62	520451 626371 112 120 -60 220
SWRC102 Sewum 35.0 36.0 1.0 0.32	520332 626142 93 120 -60 200
SWRC103 Sewum 19.0 20.0 1.0 0.34 and 63.0 72.0 9.0 0.77 and 78.0 79.0 1.0 0.30 and 83.0 87.0 4.0 0.47	520348 626128 98 120 -50 174
SWRC104 Sewum 26.0 27.0 1.0 0.95 and 126.0 127.0 1.0 0.43 and 146.0 150.0 4.0 0.92 and 215.0 216.0 1.0 0.70	520571 626500 93 120 -60 264
SWRC105 Sewum 7.0 9.0 2.0 0.28 and 84.0 85.0 1.0 0.65 and 99.0 101.0 2.0 0.33	521415 628026 106 120 -50 274
SWRC106 Sewum no significant results	521448 627900 104 120 -50 234
SWRC107 Sewum 4.0 81.0 77.0 0.63 including 4.0 40.0 36.0 0.72 and incl. 28.0 37.0 9.0 1.82 including 48.0 80.0 32.0 0.70 and incl. 53.0 67.0 14.0 1.22 and 139.0 186.0 47.0 0.39	521408 627918 102 120 -50 186
SWRC108 Sewum 78.0 79.0 1.0 0.31 and 139.0 143.0 4.0 0.42	521444 628077 114 120 -50 300

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==> picture [172 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) Length (m) Au (g/t) To (m)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
SWRC109 Sewum 116.0 117.0 1.0 0.24 and 154.0 155.0 1.0 0.23	521438 627962 104 120 -50 262
SWRC110 Sewum no significant results	521480 627942 105 120 -50 222
SWRC111 Sewum 5.0 11.0 6.0 0.25 and 63.0 76.0 13.0 0.22 and 90.0 92.0 2.0 0.49 and 108.0 109.0 1.0 0.42 and 112.0 113.0 1.0 0.37 and 115.0 124.0 9.0 0.66 and 175.0 176.0 1.0 0.36 and 180.0 181.0 1.0 0.40 and 214.0 215.0 1.0 0.31 and 248.0 254.0 6.0 0.28 and 262.0 263.0 1.0 0.38 and 287.0 298.0 11.0 0.23	521341 627895 108 120 -50 300
SWRC112 Sewum 32.0 33.0 1.0 0.38 and 51.0 57.0 6.0 0.44 and 116.0 117.0 1.0 0.46 and 149.0 150.0 1.0 0.45 and 185.0 186.0 1.0 0.30 and 213.0 216.0 3.0 0.29	521464 628007 107 120 -50 276

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [172 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
SWRC113 Sewum 46.0 48.0 2.0 0.61 and 61.0 65.0 4.0 0.33 and 84.0 86.0 2.0 0.32 and 164.0 166.0 2.0 0.29 and 207.0 208.0 1.0 0.50 and 220.0 283.0 63.0 0.24 including 231.0 233.0 2.0 0.49 including 255.0 257.0 2.0 0.42 including 271.0 283.0 12.0 0.39	521387 627988 98 120 -50 283
KBRC271 Boin 10.0 12.0 2.0 0.34 and 18.0 25.0 7.0 1.22 and 77.0 110.0 33.0 0.47 and 119.0 122.0 3.0 0.30	517381 631566 110 114 -50 162
KBRC272 Boin 90.0 94.0 4.0 0.40 and 102.0 109.0 7.0 0.75	517432 631655 126 114 -50 162
KBRC273 Boin 152.0 155.0 3.0 1.63 and 166.0 175.0 9.0 1.67 and 183.0 192.0 9.0 1.57 and 232.0 233.0 1.0 0.70	519489 634780 132 114 -50 278
KBRC274 Boin 12.0 13.0 1.0 0.41 and 32.0 40.0 8.0 0.41 and 60.0 63.0 3.0 0.82 and 84.0 85.0 1.0 0.39	520124 635198 127 114 -55 200
KBRC275 Boin 16.0 19.0 3.0 0.39 and 45.0 46.0 1.0 0.31 and 80.0 82.0 2.0 0.32	520245 635365 116 114 -55 156

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [172 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Hole Length (m) UTM North Elevation Azimuth ° Dip °
KBRC276 Boin 27.0 67.0 40.0 0.63 including 44.0 46.0 2.0 3.42 and 69.0 70.0 1.0 0.65 and 80.0 83.0 3.0 0.35 and 91.0 103.0 12.0 0.64 including 91.0 95.0 4.0 1.12 and 113.0 216.0 103.0 1.00 including 121.0 126.0 5.0 4.16 including 132.0 133.0 1.0 2.91 including 198.0 214.0 16.0 1.67	520217 635377 120 114 -55 216
KBRC277 Boin 159.0 162.0 3.0 1.00	518205 632743 131 114 -60 216
KBRC278 Boin 117.0 132.0 15.0 1.49 including 123.0 129.0 6.0 2.44	518259 632764 129 114 -55 156
KBRC279 Boin 152.0 160.0 8.0 0.68 and 171.0 174.0 3.0 0.45	518229 632779 127 114 -55 205
KBRC280 Boin 140.0 141.0 1.0 0.29	518288 632806 122 114 -60 222

1. Intervals reported are core lengths with true width estimated to be 75 - 85%.

2. Length-weighted averages from uncut assays.

3. All drilling completed by independent contractor.

4. All drilling samples sealed on site and delivered directly to independent lab Intertek Mineral Limited located in Tarkwa, Ghana for preparation and 50g Fire Assay with AAS finish.

5. QA/QC procedures include industry standard inclusion of standards, blanks, and duplicates in all sample batches.

[SEE NEXT PAGE FOR PREVIOUSLY RELEASED RESULTS]

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

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Table accompanies news release dated August 18, 2021

Previously Released Drill Results

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Hole Length (m) UTM North Elevation Azimuth ° Dip °
KBRC138 Boin 92.0 96.0 4.0 1.05	518408 632972 147 114 -60 97
KBRC138A Boin 133.0 135.0 2.0 0.57 and 146.0 148.0 2.0 0.65	518405 632976 147 114 -60 216
KBRC139 Boin 1.0 17.0 16.0 0.69	518700 633234 130 120 -60 80
KBRC140 Boin 4.0 7.0 3.0 0.31 and 13.0 14.0 1.0 0.44	519121 633708 155 120 -60 80
KBRC141 Boin 10.0 21.0 11.0 0.34 and 48.0 95.0 47.0 1.67 including 49.0 58.0 9.0 2.96 and incl. 75.0 85.0 10.0 3.63	519018 633704 156 114 -50 120
KBRC142 Boin 1.0 4.0 3.0 0.27 and 131.0 150.0 19.0 0.43 including 131.0 142.0 11.0 0.60	518558 633239 129 114 -50 156
KBRC142B Boin 121.0 130.0 9.0 0.30	518573 633233 137 114 -50 238
KBRC143 Boin 3.0 17.0 14.0 0.56	519395 634172 120 114 -60 108
KBRC144 Boin 146.0 148.0 2.0 0.51	519378 634178 120 120 -60 150
KBRC145 Boin 48.0 55.0 7.0 0.54	520325 635410 117 120 -60 150
KBRC146 Boin 7.0 10.0 3.0 0.24 and 30.0 62.0 32.0 0.92 including 42.0 54.0 12.0 1.78 and incl. 59.0 61.0 2.0 0.52	520456 635619 124 114 -50 100
KBRC147 Boin 50.0 59.0 9.0 0.52	520424 635582 124 114 -50 102
KBRC148 Boin 56.0 58.0 2.0 0.69 and 75.0 77.0 2.0 0.30	520391 635546 122 114 -50 108

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

From (m) To (m) Length (m) Au (g/t) Hole ID Zone/Deposit	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KBRC149 Boin 38.0 41.0 3.0 0.36	520378 635496 120 114 -50 100
KBRC150 Boin 59.0 94.0 35.0 0.57 including 65.0 91.0 26.0 0.70 and 130.0 135.0 5.0 0.59 and 141.0 148.0 7.0 0.42	520335 635517 125 114 -65 148
KBRC150A Boin 72.0 74.0 2.0 0.59 and 87.0 108.0 21.0 1.19 and 136.0 139.0 3.0 1.01 and 145.0 162.0 17.0 0.44	520338 635514 122 114 -65 174
KBRC151 Boin 9.0 20.0 11.0 2.30 and 62.0 65.0 3.0 0.63 and 136.0 144.0 8.0 0.55	519349 634402 131 120 -60 156
KBRC152 Boin 73.0 74.0 1.0 1.20 and 209.0 213.0 4.0 1.56 and 234.0 235.0 1.0 2.55	519292 634429 117 120 -60 258
KBRC153 Boin 7.0 11.0 4.0 0.68 and 28.0 33.0 5.0 0.42 and 42.0 60.0 18.0 1.21 and 67.0 71.0 4.0 1.40 and 110.0 114.0 4.0 0.82 and 155.0 158.0 3.0 0.33 and 191.0 194.0 3.0 0.39	519317 634201 122 120 -60 258
KBRC154 Boin 88.0 95.0 7.0 0.61 and 149.0 152.0 3.0 0.27	519086 633928 157 120 -60 178
KBRC155 Boin 85.0 89.0 4.0 0.22 and 103.0 105.0 2.0 0.89 and 118.0 134.0 16.0 0.57	518896 633582 155 120 -60 138

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==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KBRC155A Boin 95.0 97.0 2.0 0.68 and 110.0 113.0 3.0 0.64 and 127.0 135.0 8.0 0.37	518900 633578 163 120 -60 204
KBRC156A Boin 156.0 174.0 18.0 0.69 and 187.0 191.0 4.0 1.20	518480 633164 130 114 -55 270
KBRC157B Boin 150.0 162.0 12.0 0.70	518457 633065 128 114 -65 180
KBRC158 Boin 77.0 91.0 14.0 1.41	518379 632992 126 114 -60 260
KBRC159 Boin 178.0 240.0 62.0 0.73 including 187.0 206.0 19.0 1.76 and incl. 199.0 206.0 7.0 3.18	518423 633075 127 114 -65 240
KBRC160 Boin no significant results	518358 632778 124 114 -60 120
KBRC161 Boin 124.0 126.0 2.0 0.37 and 144.0 151.0 7.0 0.36 and 163.0 166.0 3.0 0.31	518330 632898 128 114 -55 200
KBRC162 Boin 65.0 69.0 4.0 0.53 and 88.0 91.0 3.0 0.68 and 101.0 107.0 6.0 1.67	518321 632793 120 114 -60 156
KBRC163 Boin 11.0 14.0 3.0 0.34 and 27.0 54.0 27.0 1.27	519678 634811 141 114 -60 102
KBRC164 Boin 19.0 25.0 6.0 1.23 and 102.0 114.0 12.0 0.69 and 128.0 132.0 4.0 0.47	519649 634822 164 114 -60 144
KBRC165 Boin 78.0 80.0 2.0 0.41	519895 635045 120 114 -60 102
KBRC166 Boin no significant results	519886 635049 126 114 -60 140
KBRC167 Boin no significant results	519836 634974 123 114 -60 120
KBRC168 Boin 1.0 6.0 5.0 0.56	519816 634986 121 114 -60 140

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==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KBRC169 Boin 55.0 69.0 14.0 1.41 including 62.0 68.0 6.0 2.86 and 84.0 86.0 2.0 0.53 and 90.0 92.0 2.0 0.53 and 125.0 131.0 6.0 0.31	519973 635110 128 114 -60 138
KBRC170 Boin 45.0 49.0 4.0 0.31 and 70.0 72.0 2.0 0.49	520050 635185 141 114 -60 156
KBRC171 Boin 77.0 78.0 1.0 1.07 and 119.0 129.0 10.0 0.44	520030 635195 129 114 -60 150
KBRC172 Boin 2.0 5.0 3.0 0.27 and 78.0 84.0 6.0 0.57 and 128.0 138.0 10.0 0.92	520131 635252 125 114 -60 150
KBRC173 Boin 20.0 22.0 2.0 0.28 and 85.0 87.0 2.0 0.76 and 154.0 158.0 4.0 0.32 and 166.0 179.0 13.0 0.30	520105 635265 126 114 -60 186
KBRC174 Boin 91.0 93.0 2.0 0.41 and 153.0 154.0 1.0 0.76	519957 635121 130 114 -60 162
KBRC175 Boin 67.0 89.0 22.0 0.65	520291 635396 119 114 -60 150
KBRC176 Boin 70.0 77.0 7.0 0.39 and 95.0 105.0 10.0 0.64 and 130.0 140.0 10.0 0.44	520369 635575 130 114 -60 182
KBRC177 Boin 81.0 84.0 2.0 0.47 and 108.0 109.0 1.0 0.46 and 116.0 120.0 4.0 0.81 and 204.0 206.0 2.0 1.39	520320 635523 123 114 -65 228
KBRC178 Boin 134.0 140.0 6.0 0.57 147.0 149.0 2.0 0.90	520297 635532 117 114 -65 220

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==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Zone/Deposit Hole ID Au (g/t) Length (m) To (m) From (m)	UTM East Hole Length (m) Dip ° Azimuth ° Elevation UTM North
KBRC179 Boin 92.0 97.0 5.0 0.56	520436 635631 133 114 -50 150
KBRC180 Boin 108.0 110.0 2.0 0.33 and 126.0 129.0 3.0 0.47	520415 635637 134 114 -55 170
KBRC181 Boin 127.0 138.0 11.0 0.45 and 142.0 145.0 3.0 0.29 and 155.0 162.0 7.0 1.05	520393 635648 138 114 -60 216
KBRC182 Boin 64.0 68.0 4.0 0.35 and 78.0 82.0 4.0 0.68 and 87.0 91.0 4.0 0.70	520570 635717 137 114 -60 108
KBRC183 Boin 93.0 96.0 3.0 0.49 and 105.0 121.0 16.0 0.30	520544 635724 131 114 -60 144
KBRC184 Boin 86.0 88.0 2.0 0.44 and 102.0 111.0 9.0 0.82 and 125.0 128.0 3.0 0.45 and 145.0 166.0 21.0 0.94	520234 635422 114 114 -60 216
KBRC185 Boin 114.0 116.0 2.0 1.42 and 137.0 204.0 67.0 0.85 including 137.0 146.0 9.0 2.95	530284 634768 135 114 -50 204
KBRC186 Boin 102.0 103.0 1.0 0.30 and 138.0 142.0 4.0 0.54 and 166.0 169.0 3.0 0.32	530262 634841 146 114 -60 200
KBRC187 Boin 0.0 1.0 1.0 0.56 and 7.0 9.0 2.0 0.30 and 22.0 24.0 2.0 1.19 and 102.0 106.0 4.0 0.40	530200 635099 137 114 -60 132
KBRC188 Boin 6.0 30.0 24.0 0.85 and 46.0 51.0 5.0 0.50	530122 635241 129 114 -60 150

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

From (m) To (m) Length (m) Au (g/t) Hole ID Zone/Deposit	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KBRC189 Boin 86.0 88.0 2.0 0.37 and 92.0 94.0 2.0 0.51 and 101.0 103.0 2.0 0.57 and 121.0 123.0 2.0 0.41 and 126.0 127.0 1.0 0.78 and 140.0 142.0 2.0 0.37 and 148.0 150.0 2.0 0.48	530142 635433 111 114 -60 200
KBRC190 Boin 103.0 111.0 8.0 0.61 and 119.0 155.0 36.0 1.14 including 124.0 142.0 18.0 1.72	530180 635591 128 114 -60 200
KBRC191 Boin 1.0 3.0 2.0 0.48	530297 635707 129 114 -60 100
KBRC192 Boin 116.0 118.0 2.0 0.36 and 124.0 125.0 1.0 0.30	530507 635817 145 114 -60 150
KBRC193 Boin no significant results	530909 635870 125 114 -50 100
KBRC194 Boin 4.0 6.0 2.0 0.31 and 12.0 13.0 1.0 0.50 and 17.0 19.0 2.0 0.46 and 25.0 26.0 1.0 0.36 and 102.0 103.0 1.0 0.86	530760 635882 119 114 -60 160
KBRC195 Boin 111.0 113.0 2.0 0.31 and 145.0 146.0 1.0 0.37 and 163.0 164.0 1.0 0.58	530910 635894 124 114 -70 208
KBRC196 Boin no significant results	531135 635948 114 114 -50 100
KBRC197 Bon 21.0 23.0 2.0 0.54 and 28.0 29.0 1.0 0.32	531161 635960 108 114 -60 150

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Zone/Deposit Hole ID Au (g/t) Length (m) To (m) From (m)	UTM East Hole Length (m) Dip ° Azimuth ° Elevation UTM North
KBRC198 Boin 4.0 8.0 4.0 0.39 and 29.0 32.0 3.0 0.43 and 36.0 40.0 4.0 0.34 and 97.0 99.0 2.0 0.39 and 193.0 194.0 1.0 0.35	531190 635967 107 114 -70 204
KBRC199 Boin 41.0 46.0 5.0 0.41	531096 636032 112 114 -50 108
KBRC200 Boin 59.0 62.0 3.0 0.67	531120 636055 113 114 -70 200
KBRC201 Boin 84.0 86.0 2.0 0.26	520881 636042 111 114 -60 180
KBRC202 Boin 7.0 8.0 1.0 0.32	518142 632540 136 114 -60 102
KBRC203 Boin 59.0 61.0 2.0 0.29 and 130.0 133.0 3.0 0.32	518113 632554 129 114 -60 150
KBRC204 Boin 51.0 53.0 2.0 0.26	518036 632382 121 114 -60 102
KBRC205 Boin 12.0 27.0 15.0 0.53 including 13.0 16.0 3.0 1.81 and 30.0 33.0 3.0 0.31 and 80.0 82.0 2.0 0.48	517993 632397 131 114 -60 132
KBRC206 Boin 67.0 69.0 2.0 2.31	517951 632416 125 114 -60 168
KBRC207 Boin 12.0 14.0 2.0 0.32 and 44.0 46.0 2.0 0.40	517815 632238 120 114 -60 108
KBRC208 Boin 51.0 53.0 2.0 0.30 and 78.0 80.0 2.0 0.21 and 88.0 89.0 1.0 0.33	517778 632254 115 114 -60 105
KBRC209 Boin 87.0 90.0 3.0 0.19	517741 632271 115 114 -60 156
KBRC210A Boin no significant results	522086 637066 98 114 -60 109
KBRC211 Boin no significant results	522026 637096 101 114 -60 150
KBRC212 Boin no significant results	521954 637125 99 114 -60 200
KBRC213 Boin no significant results	521852 636897 105 114 -60 108
KBRC214 Boin no significant results	521774 636929 100 114 -60 156

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KBRC215 Boin 89.0 90.0 1.0 0.21	521707 636961 104 114 -60 213
KBRC216 Boin no significant results	521425 636580 116 114 -60 108
KBRC217 Boin no significant results	521370 636604 108 114 -60 150
KBRC218 Boin no significant results	521309 636633 100 114 -60 200
KBRC219 Boin no significant results	521141 636272 107 114 -60 100
KBRC220 Boin 114.0 116.0 2.0 0.28	521096 636295 107 114 -60 150
KBRC221 Boin no significant results	521053 636315 107 114 -60 216
KBRC222 Boin 23.0 26.0 3.0 0.40 and 34.0 41.0 7.0 0.45 and 48.0 53.0 5.0 0.33 and 59.0 61.0 2.0 0.67	517464 631646 136 114 -60 120
KBRC223 Boin 75.0 79.0 4.0 0.29	517535 631739 140 114 -60 132
KBRC224 Boin 3.0 4.0 1.0 0.94 and 41.0 42.0 1.0 1.16	517608 631888 113 114 -60 100
KBRC225 Boin 23.0 25.0 2.0 1.51 and 38.0 40.0 2.0 0.31 and 70.0 109.0 39.0 0.67 including 95.0 103.0 8.0 1.60	517571 631888 118 114 -60 100
KBRC226 Boin 91.0 92.0 1.0 0.63	517690 632085 122 114 -60 100
KBRC227 Boin 84.0 86.0 2.0 0.37 and 95.0 104.0 9.0 0.35 including 95.0 97.0 2.0 0.69	517653 632106 116 114 -60 150
KBRC228 Boin 36.0 38.0 2.0 0.33 and 50.0 51.0 1.0 0.40 and 78.0 84.0 6.0 0.29	518290 632705 125 114 -60 100
KBRC229 Boin 118.0 133.0 15.0 0.73	518240 632729 127 114 -60 150
KBRC230 Boin no significant results	518218 632621 126 114 -60 107

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KBRC231 Boin 52.0 54.0 2.0 0.33 and 56.0 57.0 1.0 0.32 and 103.0 104.0 1.0 0.33	518175 632636 120 114 -60 150
KBRC232 Boin 8.0 12.0 4.0 0.36	520142 635142 138 114 -60 84
KBRC233 Boin 21.0 27.0 6.0 0.29 and 39.0 43.0 4.0 3.50 and 63.0 64.0 1.0 0.45 and 67.0 68.0 1.0 0.31	520119 635156 135 114 -60 126
KBRC234 Boin 64.0 71.0 7.0 1.25	520035 635082 121 114 -60 114
KBRC235 Boin 40.0 43.0 3.0 1.45 and 55.0 59.0 4.0 1.29 and 91.0 92.0 1.0 0.46 and 103.0 107.0 4.0 0.39 and 123.0 125.0 2.0 0.34	520092 635164 134 114 -60 136
KBRC236 Boin 13.0 18.0 5.0 1.24 and 55.0 124.0 69.0 0.90 including 61.0 73.0 12.0 2.06	520187 635223 125 114 -60 126
KBRC237 Boin 24.0 26.0 2.0 0.59 and 52.0 56.0 4.0 0.46	520246 635295 118 114 -60 100
KBRC238 Boin 44.0 45.0 1.0 0.46 and 118.0 120.0 2.0 0.41	520218 635313 112 114 -60 150
KBRC239 Boin 6.0 7.0 1.0 0.37 and 91.0 92.0 1.0 0.71	520333 635374 114 114 -60 100
KBRC240 Boin 48.0 51.0 3.0 0.69 and 57.0 59.0 2.0 0.28 and 72.0 73.0 1.0 0.63	520334 635433 110 114 -60 100

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KBRC241 Boin 18.0 26.0 8.0 0.45 and 34.0 43.0 9.0 1.75 and 62.0 65.0 3.0 1.36 and 76.0 112.0 36.0 1.02 including 95.0 102.0 7.0 2.58	520300 635447 129 114 -60 150
KBRC242 Boin 6.0 8.0 2.0 0.57	520443 635548 121 114 -60 100
KBRC243 Boin no significant results	520612 635700 129 114 -60 100
KBRC244 Boin 0.0 1.0 1.0 0.48 and 4.0 11.0 7.0 0.68	518380 632770 126 114 -60 102
KBRC245 Boin 126.0 132.0 6.0 0.56	520161 635179 94 114 -55 132
KBRC246 Boin 2.0 12.0 10.0 0.74	520216 635206 116 114 -50 108
KBRC247 Boin 9.0 16.0 7.0 0.45 and 70.0 74.0 4.0 0.50 and 102.0 105.0 3.0 0.56	520187 635223 123 114 -65 186
KBRC248 Boin 1.0 6.0 5.0 0.45 and 29.0 31.0 2.0 0.25	520285 635280 115 114 -55 156
KBRC249 Boin 1.0 3.0 2.0 0.32 and 14.0 15.0 1.0 0.31	520309 635327 113 114 -55 132
KBRC250 Boin 54.0 59.0 5.0 0.28 and 79.0 81.0 2.0 0.30 and 109.0 111.0 2.0 95.16 and 111.0 116.0 5.0 0.93 and 120.0 121.0 1.0 13.22 and 121.0 127.0 6.0 0.21	520273 635345 119 114 -55 138
KBRC251 Boin 182.0 187.0 5.0 0.20	520302 635603 130 114 -60 240
KBRC252 Boin 134.0 135.0 1.0 1.86	520512 635737 144 114 -60 207
KBRC253 Boin 17.0 19.0 2.0 0.33 and 24.0 31.0 7.0 0.99	519153 633798 114 114 -60 114

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Elevation Azimuth ° Dip ° Hole Length (m) UTM North
KBRC254 Boin 57.0 59.0 2.0 0.30	517736 632173 112 114 -50 102
KBRC255 Boin 143.0 145.0 2.0 0.39	517700 632187 113 114 -50 152
KBRC256 Boin 39.0 47.0 8.0 0.68 and 51.0 53.0 2.0 0.27 and 63.0 76.0 13.0 0.48 and 118.0 119.0 1.0 0.36 and 126.0 139.0 13.0 0.21	517597 631947 124 114 -55 150
KBRC257 Boin 42.0 44.0 2.0 0.43 and 52.0 81.0 29.0 0.50 and 188.0 201.0 13.0 0.45	517565 631962 114 114 -55 201
KBRC258 Boin 49.0 52.0 3.0 0.86 and 62.0 65.0 3.0 0.50 and 85.0 91.0 6.0 0.78 and 107.0 114.0 7.0 0.27 and 139.0 143.0 4.0 0.39	517585 632005 112 114 -50 150
KBRC259 Boin 56.0 62.0 6.0 0.46	517742 632065 113 114 -50 124
KBRC260 Boin 39.0 41.0 2.0 0.35 and 49.0 62.0 13.0 0.78	517663 631979 110 114 -55 90
KBRC261 Boin 101.0 103.0 2.0 0.31	517742 632065 113 114 -50 156
KBRC262 Boin no significant results	517617 632116 104 114 -50 198
KBRC263 Boin 22.0 25.0 3.0 0.31 and 45.0 46.0 1.0 0.51	517653 631932 113 114 -55 108

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KBRC264 Boin 33.0 42.0 9.0 0.50 and 63.0 64.0 1.0 0.53 and 72.0 102.0 30.0 0.39 and 142.0 144.0 2.0 0.32 and 160.0 169.0 9.0 0.32 and 177.0 230.0 53.0 0.51 including 187.0 196.0 9.0 1.17 and 234.0 236.0 2.0 0.43	517530 631895 119 114 -50 236
KBRC265 Boin 3.0 5.0 2.0 0.32 and 23.0 24.0 1.0 0.88 and 44.0 48.0 4.0 0.36 and 69.0 78.0 9.0 1.55 including 70.0 72.0 2.0 4.75	517569 631819 132 114 -50 108
KBRC266 Boin 14.0 22.0 8.0 1.12 and 92.0 94.0 2.0 0.56	517530 631833 131 114 -50 156
KBRC267 Boin 45.0 49.0 4.0 0.30 and 95.0 102.0 7.0 1.78	517490 631848 125 114 -55 186
KBRC268 Boin 45.0 46.0 1.0 0.84 and 60.0 85.0 25.0 0.79 and 94.0 96.0 2.0 0.29 and 108.0 121.0 13.0 0.54	517365 631470 110 114 -50 126
KBRC269 Boin 128.0 130.0 2.0 0.50	517338 631490 109 114 -50 152
KBRC270 Boin 48.0 53.0 5.0 0.50 and 78.0 80.0 2.0 0.41 and 92.0 112.0 20.0 0.44	517413 631559 108 114 -50 120
KBDD061A Boin 236.0 236.7 0.7 1.38	518372 633108 122 114 -65 360.9
KBDD062 Boin 303.0 304.1 1.1 0.24	518423 633182 127 114 -62 320.8

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Elevation Azimuth ° Dip ° Hole Length (m) UTM North
KBDD063A Boin 207.5 210.0 2.5 0.30 and 218.5 225.8 7.3 0.45 and 243.0 244.2 1.2 1.09 and 248.0 249.8 1.8 0.63	518891 633759 155 114 -60 249.8
KBRD063 Boin 198.4 201.3 2.9 0.69 and 208.9 221.9 13.0 0.13 and 252.3 254.4 2.1 2.72 and 297.8 301.0 3.2 0.72	518891 633759 155 114 -60 315.4
KBDD064 Boin 107.3 109.0 1.7 1.19 and 121.0 195.0 74.0 1.28 including 122.0 128.4 6.4 2.65 and incl. 136.0 137.4 1.4 9.93 and incl. 149.3 155.4 6.1 2.24 and incl. 170.6 177.0 6.4 4.04 and incl. 189.0 193.0 4.0 2.41	519239 634235 130 114 -60 351.7
KBDD065 Boin 276.3 277.0 0.7 1.32 and 296.0 297.8 1.8 6.14 and 310.0 313.0 3.0 0.56	520215 635573 109 114 -57 330.3
KBDD066 Boin 222.0 247.0 25.0 1.08 including 222.0 224.0 2.0 4.31 and incl. 232.9 237.5 4.6 2.06 and 257.4 279.0 21.6 0.63 including 259.0 260.8 1.8 2.04 and incl. 267.0 270.0 3.0 1.84	518777 633586 146 114 -57 300.6
KBDD067 Boin no significant results	519130 634081 142 114 -57 300.4

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
SWRC068 Sewum 3.0 5.0 2.0 0.28 and 23.0 31.0 8.0 0.30 and 39.0 42.0 3.0 0.35 and 46.0 62.0 16.0 0.54 including 51.0 57.0 6.0 0.93 and 74.0 76.0 2.0 1.03	521494 629230 193 120 -70 100
SWRC069 Sewum 39.0 41.0 2.0 0.30 and 50.0 59.0 9.0 0.55 and 63.0 70.0 7.0 0.47 and 98.0 114.0 16.0 1.20	521442 629252 198 120 -70 125
SWRC070 Sewum 43.0 45.0 2.0 1.41 and 141.0 148.0 7.0 0.98	521392 629273 193 120 -70 180
SWRC071 Sewum 3.0 16.0 13.0 0.45 and 38.0 43.0 5.0 0.46 and 95.0 100.0 5.0 0.55	521347 628986 193 120 -55 100
SWRC072 Sewum 3.0 22.0 19.0 0.67 and 46.0 84.0 38.0 0.42	521408 628860 199 120 -60 150
SWRC073 Sewum 0.0 28.0 28.0 1.52 including 15.0 25.0 10.0 3.58 and 36.0 42.0 6.0 1.21	520472 626241 119 130 -50 100
SWRC074 Sewum 7.0 38.0 31.0 0.84 including 8.0 17.0 9.0 1.47 and 48.0 60.0 12.0 0.71 and 92.0 94.0 2.0 0.36	520416 626193 105 130 -50 100
SWRC075 Sewum 169.0 177.0 8.0 0.56	520355 626219 102 130 -60 220
SWRC076 Sewum 1.0 12.0 11.0 0.48 and 39.0 88.0 49.0 0.91 and 104.0 120.0 16.0 3.04	521308 627853 118 120 -50 120

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Zone/Deposit From (m) To (m) Length (m) Au (g/t) Hole ID	UTM East Hole Length (m) UTM North Elevation Azimuth ° Dip °
SWRC077 Sewum 29.0 35.0 6.0 0.49 and 54.0 56.0 2.0 0.36 and 68.0 83.0 15.0 0.76 and 89.0 92.0 3.0 0.62 and 117.0 119.0 2.0 0.40 and 126.0 131.0 5.0 0.40 and 138.0 140.0 2.0 0.28 and 151.0 153.0 2.0 0.35 and 163.0 165.0 2.0 0.40	521268 627871 112 120 -50 180
SWRC078 Sewum no significant results	520197 626036 83 120 -60 270
SWRC079 Sewum 207.0 209.0 2.0 0.37 and 260.0 262.0 2.0 1.78 and 278.0 284.0 6.0 0.98	520334 626242 104 120 -60 294
SWRC080 Sewum 149.0 159.0 10.0 1.35 and 166.0 168.0 2.0 0.49	520405 626279 113 120 -60 204
SWRC081 Sewum no significant results	520380 626293 104 120 -60 250
SWRC082 Sewum 36.0 60.0 24.0 2.02 and 96.0 111.0 15.0 0.40 and 222.0 224.0 2.0 0.55	520483 626291 115 120 -50 246
SWRC083 Sewum 86.0 108.0 22.0 1.97 and 140.0 141.0 1.0 0.83	520459 626301 124 120 -60 252
SWRC084 Sewum 115.0 134.0 19.0 1.41	520472 626357 114 120 -60 250
SWRC085 Sewum 4.0 12.0 8.0 0.43 and 42.0 44.0 2.0 0.36 and 63.0 64.0 1.0 0.31	521395 628651 191 120 -50 100
SWRC086 Sewum 131.0 133.0 2.0 0.46	521353 628672 198 120 -50 150
SWRC087 Sewum 0.0 1.0 1.0 0.66 and 84.0 86.0 2.0 0.48	521415 628352 145 120 -50 120

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
SWRC088 Sewum 7.0 18.0 11.0 0.32 and 34.0 36.0 2.0 0.29 and 56.0 63.0 7.0 0.35	521366 628375 145 120 -50 180
SWRC089 Sewum 12.0 13.0 1.0 0.33 and 43.0 45.0 2.0 0.31 and 47.0 49.0 2.0 0.30 and 60.0 62.0 2.0 0.38	521412 628244 127 120 -50 102
SWRC090 Sewum 0.0 1.0 1.0 0.52 and 66.0 68.0 2.0 0.29 and 114.0 116.0 2.0 0.46 and 119.0 121.0 2.0 0.73	521370 628269 137 120 -50 156
SWRC091 Sewum 4.0 5.0 1.0 0.32 and 60.0 61.0 1.0 0.30 and 81.0 82.0 1.0 0.40 and 95.0 99.0 4.0 0.81	521371 628158 107 120 -50 100
SWRC092 Sewum 90.0 91.0 1.0 0.71 and 140.0 148.0 8.0 0.37 and 196.0 198.0 2.0 0.43	521270 627986 106 120 -50 220
SWRC093 Sewum 8.0 11.0 3.0 1.48 and 32.0 49.0 17.0 0.60 and 61.0 164.0 103.0 0.82	521364 627948 102 120 -50 168

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
SWRC094 Sewum 86.0 88.0 2.0 0.33 and 91.0 94.0 3.0 0.32 and 108.0 111.0 3.0 1.19 and 115.0 131.0 16.0 1.26 and 147.0 150.0 3.0 0.55 and 158.0 164.0 6.0 1.51 and 175.0 183.0 8.0 2.35 and 187.0 195.0 8.0 0.71 and 246.0 252.0 6.0 0.37	521225 627895 113 120 -50 254
SWRC095 Sewum 27.0 28.0 1.0 0.95 and 122.0 124.0 2.0 1.63 and 181.0 195.0 14.0 0.53 and 233.0 238.0 5.0 1.16	521155 627863 119 120 -50 242
SWRC096 Sewum 0.0 1.0 1.0 2.44 and 66.0 67.0 1.0 1.56 and 83.0 84.0 1.0 0.54 and 92.0 108.0 16.0 0.69 and 136.0 138.0 2.0 0.40 and 143.0 192.0 49.0 0.32	521165 627779 105 120 -50 200
SWRC097 Sewum 2.0 3.0 1.0 0.31 and 22.0 23.0 1.0 0.36 and 155.0 156.0 1.0 0.62	521164 627439 106 120 -50 180
SWRC098 Sewum 7.0 12.0 5.0 0.29 and 59.0 60.0 1.0 0.66	521375 628065 100 120 -50 150

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
NBRC016 Nyam 23.0 29.0 6.0 1.03 and 50.0 54.0 4.0 0.40 and 68.0 86.0 18.0 0.63 and 97.0 100.0 3.0 0.48 and 109.0 112.0 3.0 0.55	530221 637264 81 300 -60 130
NBRC017 Nyam 8.0 53.0 45.0 1.38 including 8.0 30.0 22.0 0.74 and incl. 47.0 53.0 6.0 6.25 and 64.0 66.0 2.0 1.88 and 83.0 93.0 10.0 0.41 and 102.0 107.0 5.0 0.54 and 135.0 137.0 2.0 0.34	530241 637278 69 300 -60 150
NBRC018 Nyam 10.0 12.0 2.0 0.25 and 36.0 42.0 6.0 0.32	530180 637314 76 300 -60 84
NBRC019 Nyam 80.0 82.0 2.0 0.35 and 91.0 108.0 17.0 1.20	530845 638277 81 300 -60 156
NBRC020 Nyam 51.0 60.0 9.0 1.14 and 73.0 102.0 29.0 0.94 and 110.0 120.0 10.0 1.18 and 139.0 143.0 4.0 0.41	530506 637714 86 300 -60 150
NBRC021 Nyam 15.0 17.0 2.0 0.33 and 32.0 34.0 2.0 0.73 and 50.0 54.0 4.0 1.56 and 63.0 84.0 21.0 1.42 and 90.0 96.0 6.0 1.26 and 102.0 105.0 3.0 0.36 and 109.0 119.0 10.0 0.52 and 126.0 129.0 3.0 0.65	530474 637679 93 300 -60 130

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
NBRC022 Nyam 8.0 10.0 2.0 1.96 and 70.0 90.0 20.0 1.72 and 116.0 119.0 3.0 0.36	530435 637610 102 300 -60 150
NBRC023 Nyam 49.0 51.0 2.0 0.19	530712 638187 98 300 -60 80
NBRC024 Nyam 22.0 26.0 4.0 0.67 and 41.0 42.0 1.0 0.89 and 57.0 84.0 27.0 1.34 and 93.0 102.0 9.0 3.45 and 113.0 120.0 7.0 0.47 and 137.0 146.0 9.0 0.38	530262 637265 78 300 -60 156
NBRC025 Nyam 33.0 35.0 2.0 0.51 and 72.0 73.0 1.0 0.41 and 92.0 124.0 32.0 0.84 and 136.0 139.0 3.0 0.51 and 151.0 162.0 11.0 0.55	530284 637253 78 300 -60 174
NBRC026 Nyam 64.0 66.0 2.0 0.36 and 79.0 91.0 12.0 0.42 and 96.0 98.0 2.0 0.86 and 105.0 109.0 4.0 2.39 and 116.0 117.0 1.0 0.65 and 125.0 127.0 2.0 1.00 and 145.0 148.0 3.0 0.57 and 170.0 173.0 3.0 0.41 and 177.0 179.0 2.0 0.34	530262 637240 75 300 -60 204
NBRC027 Nyam 3.0 9.0 6.0 2.83 and 39.0 55.0 16.0 0.48 and 60.0 62.0 2.0 0.36	530200 637284 74 300 -60 110

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
NBRC028 Nyam 32.0 36.0 4.0 0.46 and 60.0 74.0 14.0 0.49	530122 637161 76 300 -60 132
NBRC029 Nyam 10.0 11.0 1.0 1.15 and 59.0 61.0 2.0 0.82 and 87.0 89.0 2.0 0.53	530142 637152 78 300 -60 150
NBRC030 Nyam 69.0 85.0 16.0 1.17 and 102.0 104.0 2.0 0.53 and 110.0 115.0 5.0 1.48 and 150.0 155.0 5.0 0.34 and 158.0 160.0 2.0 0.32	530180 637146 77 300 -60 180
NBRC031 Nyam 28.0 29.0 1.0 0.49 and 104.0 106.0 2.0 0.32 and 124.0 148.0 24.0 0.31 and 158.0 164.0 6.0 1.48 and 177.0 188.0 11.0 1.28	530297 637242 80 300 -60 210
NBRC032 Nyam 170.0 226.0 56.0 0.40	530507 637573 72 300 -60 258
NBRC033 Nyam 151.0 153.0 2.0 0.57 and 201.0 214.0 13.0 1.00 and 233.0 235.0 2.0 0.32	530909 638234 97 300 -60 264
NBRC034 Nyam 0.0 14.0 14.0 0.59	530760 638239 100 300 -60 156
NBRC035 Nyam 130.0 132.0 2.0 0.57 and 135.0 137.0 2.0 0.54 and 142.0 144.0 2.0 0.78	530910 638345 84 300 -60 156
NBRC036 Nyam 7.0 9.0 2.0 0.75 and 87.0 88.0 1.0 0.38	531135 638959 70 300 -60 102

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
NBRC037 Nyam 6.0 7.0 1.0 0.34 and 20.0 21.0 1.0 0.69 and 68.0 77.0 9.0 0.46 and 81.0 83.0 2.0 0.48	531161 638947 79 300 -60 156
NBRC038 Nyam 109.0 112.0 3.0 0.52 and 122.0 126.0 4.0 0.42 and 130.0 132.0 2.0 0.33	531190 638936 68 300 -60 204
NBRC039 Nyam 7.0 29.0 22.0 0.50	531096 638870 72 300 -60 114
NBRC040 Nyam 52.0 70.0 18.0 0.30 and 76.0 83.0 7.0 1.05	531120 638857 75 300 -60 156
NBRC041 Nyam 111.0 131.0 20.0 0.39	531147 638847 74 300 -60 201
NBRC042A Nyam 9.0 15.0 6.0 0.40 and 24.0 37.0 13.0 0.62	531054 638780 83 300 -60 102
NBRC043 Nyam 104.0 124.0 20.0 0.31	531099 638758 76 300 -60 180
NBRC044 Nyam 8.0 10.0 2.0 0.98 and 17.0 20.0 3.0 0.53 and 41.0 67.0 26.0 1.17	530696 638123 132 300 -60 162
NBRC045 Nyam 165.0 174.0 9.0 0.81 and 179.0 219.0 40.0 1.57 including 185.0 194.0 9.0 5.40	530544 637644 115 300 -60 252
NBRC046 Nyam 116.0 119.0 3.0 0.52 and 124.0 147.0 23.0 0.60	530527 637695 104 300 -60 186
NBRC047 Nyam 182.0 205.0 23.0 0.48 and 212.0 216.0 4.0 0.40 and 222.0 247.0 25.0 1.94 including 227.0 234.0 7.0 5.78	530572 637672 112 300 -60 247

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
NBRC048 Nyam 79.0 85.0 6.0 0.33 and 95.0 101.0 6.0 0.31 and 104.0 114.0 10.0 0.30	530333 637622 101 300 -60 114
NBRC049 Nyam 7.0 10.0 3.0 0.39 and 13.0 14.0 1.0 0.37	530360 637607 102 300 -60 134
NBRC050 Nyam 11.0 13.0 2.0 1.23 and 23.0 27.0 4.0 1.03 and 35.0 45.0 10.0 0.67 and 50.0 53.0 3.0 0.35	530339 637516 96 300 -60 120
NBRC051 Nyam 15.0 16.0 1.0 0.30 and 28.0 31.0 3.0 0.99 and 38.0 47.0 9.0 0.69 and 57.0 65.0 8.0 0.51	530325 637479 93 300 -60 126
NBRC052 Nyam 4.0 7.0 3.0 1.28 and 17.0 22.0 5.0 0.31 and 24.0 26.0 2.0 0.34 and 38.0 40.0 2.0 0.34 and 67.0 69.0 2.0 1.97	530267 637402 87 300 -60 115
NBRC053 Nyam 9.0 11.0 2.0 0.86 and 42.0 44.0 2.0 0.32 and 48.0 57.0 9.0 1.32 and 100.0 107.0 7.0 0.33	530292 637376 79 300 -60 155
NBRC054 Nyam no significant results	530206 637384 72 300 -60 115
NBRC055 Nyam 12.0 21.0 9.0 0.38 and 102.0 103.0 1.0 1.04	530229 637372 78 300 -60 144
NKRC001 Nkwanta no significant results	525094 633089 101 300 -55 100

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KKRC017A Kwakyekrom 45.0 48.0 3.0 0.52 and 69.0 70.0 1.0 1.17 and 89.0 120.0 31.0 0.46 including 107.0 120.0 13.0 0.72	528698 634833 127 298 -60 150
KKRC018 Kwakyekrom 35.0 39.0 4.0 0.29 and 86.0 92.0 6.0 0.80 and 99.0 110.0 11.0 2.35	528658 634784 129 298 -60 120
KKRC019 Kwakyekrom 4.0 7.0 3.0 0.36 and 58.0 78.0 20.0 0.36 including 59.0 63.0 4.0 0.50 and incl. 70.0 76.0 6.0 0.64 and 88.0 92.0 4.0 0.38 and 102.0 104.0 2.0 0.50	528611 634738 128 298 -60 120
KKRC020 Kwakyekrom 26.0 28.0 2.0 0.79 and 44.0 47.0 3.0 0.43 and 60.0 75.0 15.0 0.48 and 79.0 83.0 4.0 1.04	528598 634714 133 298 -60 110
KKRC021 Kwakyekrom 52.0 69.0 17.0 0.57 and 97.0 104.0 7.0 0.94	528592 634693 132 298 -60 114
KKRC022 Kwakyekrom 41.0 67.0 26.0 0.51 including 59.0 66.0 5.0 1.59 and 101.0 104.0 3.0 0.57	528555 634617 124 298 -60 114
KKRC023 Kwakyekrom 34.0 40.0 6.0 4.71 and 60.0 66.0 6.0 0.34	528542 634595 117 298 -60 122
KKRC024 Kwakyekrom 35.0 38.0 3.0 0.77 and 59.0 74.0 15.0 0.44 and 104.0 113.0 9.0 0.23	528550 634557 104 298 -60 130

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KKRC025 Kwakyekrom 0.0 18.0 18.0 0.45 including 13.0 17.0 4.0 1.00 and 23.0 29.0 6.0 0.57 and 69.0 77.0 8.0 0.21 and 89.0 100.0 11.0 0.63	528502 634580 103 298 -60 100
KKRC026 Kwakyekrom 20.0 24.0 4.0 1.32 and 70.0 73.0 3.0 0.44 and 80.0 94.0 14.0 1.69 and 120.0 121.0 1.0 0.44 and 126.0 128.0 2.0 0.63 and 138.0 141.0 3.0 0.31	528614 634705 128 298 -60 162
KKRC027 Kwakyekrom 1.0 3.0 2.0 0.29 and 49.0 51.0 2.0 0.42 and 78.0 81.0 3.0 0.39 and 84.0 101.0 17.0 0.91	528611 634689 128 298 -60 168
KKRC028 Kwakyekrom 111.0 137.0 26.0 1.43 including 115.0 124.0 9.0 3.31 and 149.0 157.0 8.0 0.34 and 162.0 167.0 5.0 0.69 and 176.0 180.0 4.0 0.39	528632 634668 126 298 -60 213
KKRC029 Kwakyekrom 21.0 45.0 24.0 0.89 and 54.0 56.0 2.0 0.41 and 116.0 118.0 2.0 0.35 and 123.0 125.0 2.0 0.43	528574 634699 133 298 -60 126
KKRC030 Kwakyekrom 65.0 66.0 1.0 0.42 and 68.0 69.0 1.0 0.46 and 109.0 127.0 18.0 0.97 and 145.0 147.0 2.0 0.43	528653 634733 127 298 -60 180

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KKRC031 Kwakyekrom 30.0 32.0 2.0 0.78 and 114.0 124.0 10.0 2.97 and 162.0 168.0 6.0 0.88 and 181.0 184.0 3.0 0.36	528682 634774 131 298 -60 186
KKRC032 Kwakyekrom 14.0 24.0 10.0 0.32 and 56.0 63.0 7.0 0.40	528570 634723 134 298 -60 114
KKRC033 Kwakyekrom 26.0 28.0 2.0 0.33 and 47.0 49.0 2.0 0.41 and 69.0 75.0 6.0 1.19	528569 634584 109 298 -60 126
KKRC034 Kwakyekrom 14.0 46.0 32.0 0.68 and 67.0 74.0 7.0 0.58 and 90.0 95.0 5.0 0.34	528517 634607 124 298 -60 102
KKRC035 Kwakyekrom 0.0 7.0 7.0 0.46 and 17.0 25.0 8.0 0.82 and 39.0 41.0 2.0 0.30	528532 634631 125 298 -60 108
KKRC036 Kwakyekrom 19.0 22.0 3.0 0.49 and 28.0 31.0 3.0 0.41 and 54.0 61.0 7.0 1.95 and 93.0 114.0 21.0 0.41	528625 634796 130 298 -60 114
KKRC037 Kwakyekrom 44.0 46.0 2.0 0.35 and 88.0 92.0 4.0 0.49 and 105.0 107.0 2.0 4.12	528661 634846 126 298 -60 110
KKRC038 Kwakyekrom 36.0 29.0 3.0 0.38 and 97.0 111.0 14.0 0.35 and 126.0 128.0 2.0 0.37 and 131.0 143.0 12.0 0.83 and 153.0 170.0 17.0 1.44	528738 634809 128 298 -60 200
KKRC039 Kwakyekrom 28.0 38.0 10.0 0.31	528692 634909 129 298 -60 129

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KKRC040 Kwakyekrom 12.0 39.0 27.0 0.34 and 95.0 99.0 4.0 0.29 and 107.0 109.0 2.0 1.29 and 116.0 120.0 4.0 0.47	528741 634889 127 298 -60 162
KKRC041 Kwakyekrom 0.0 53.0 53.0 0.79 and 70.0 84.0 14.0 0.45	528466 634474 104 298 -60 120
KKRC042 Kwakyekrom 0.0 2.0 2.0 0.33 and 38.0 39.0 1.0 0.50 and 48.0 50.0 2.0 0.35 and 56.0 62.0 6.0 0.47	528440 634487 108 298 -60 100
KKRC043 Kwakyekrom 73.0 83.0 10.0 1.51 and 89.0 92.0 3.0 1.16 and 138.0 140.0 2.0 0.90	528580 634606 123 298 -60 144
KKRC044 Kwakyekrom 14.0 22.0 8.0 0.49	528362 634281 143 298 -60 114
KKRC045 Kwakyekrom 80.0 87.0 7.0 1.03	528409 634257 142 298 -60 162
KKRC046 Kwakyekrom 55.0 79.0 24.0 0.50 including 58.0 72.0 14.0 0.61	528407 634372 123 298 -60 96
KKRC047 Kwakyekrom 74.0 76.0 2.0 0.33 and 88.0 96.0 8.0 0.41	528454 634348 124 298 -60 138
KKRC048 Kwakyekrom 24.0 26.0 2.0 0.46 and 58.0 73.0 15.0 1.29 and 111.0 122.0 11.0 1.86 and 144.0 147.0 3.0 0.69	528499 634456 106 298 -60 150
KKRC049 Kwakyekrom 60.0 67.0 7.0 0.34 and 117.0 120.0 3.0 0.91 and 197.0 200.0 3.0 0.40 and 208.0 213.0 5.0 2.33	528539 634435 109 298 -60 213

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KKRC050 Kwakyekrom 0.0 3.0 3.0 0.37 and 25.0 28.0 3.0 0.32 and 36.0 56.0 20.0 0.55 and 97.0 118.0 21.0 0.46 including 97.0 108.0 11.0 0.71	528572 634653 131 298 -60 132
KKRC051 Kwakyekrom 148.0 198.0 50.0 0.61 including 164.0 173.0 9.0 1.36 and 210.0 212.0 2.0 0.44 and 225.0 227.0 2.0 1.02 and 241.0 244.0 3.0 0.63	528656 634656 119 298 -60 246
KKRC052 Kwakyekrom 54.0 55.0 1.0 0.64 and 75.0 76.0 1.0 0.52 and 112.0 132.0 20.0 1.19 including 113.0 118.0 5.0 2.75	528640 634698 122 298 -60 192
KKRC053 Kwakyekrom 145.0 149.0 4.0 0.90 and 172.0 190.0 18.0 0.75 and 210.0 212.0 2.0 0.38	528667 634679 120 298 -60 240
KKRC054 Kwakyekrom 98.0 109.0 11.0 0.58	528602 634632 128 298 -60 156
KKRC055 Kwakyekrom 8.0 12.0 4.0 1.21 and 98.0 99.0 1.0 0.70 and 108.0 121.0 13.0 0.94 and 162.0 163.0 1.0 0.54	528590 634565 106 298 -60 168

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KKRC056 Kwakyekrom 81.0 88.0 7.0 0.23 and 105.0 106.0 1.0 0.45 and 110.0 125.0 15.0 0.96 including 110.0 119.0 9.0 1.46 and 129.0 130.0 1.0 0.35 and 134.0 141.0 7.0 0.23 and 160.0 189.0 29.0 0.94 including 170.0 176.0 6.0 2.65	528600 634591 114 298 -60 189
KKRC057 Kwakyekrom 90.0 91.0 1.0 0.31 and 119.0 121.0 2.0 0.31 and 131.0 148.0 17.0 0.25 and 192.0 194.0 2.0 0.29	528636 634623 120 298 -60 202
KKRC058 Kwakyekrom 70.0 72.0 2.0 0.53 and 78.0 90.0 2.0 0.28 including 85.0 87.0 2.0 0.45 and 91.0 92.0 1.0 0.32 and 105.0 106.0 1.0 0.56 and 146.0 147.0 1.0 0.33 and 171.0 174.0 3.0 1.47 and 179.0 181.0 2.0 0.28 and 194.0 195.0 1.0 0.39 and 230.0 232.0 2.0 0.64	528812 634852 113 298 -60 267
KKRC059 Kwakyekrom 148.0 151.0 3.0 1.13 and 169.0 171.0 2.0 0.50 and 177.0 184.0 7.0 0.63 and 217.0 218.0 1.0 1.63	528776 634792 118 298 -60 276

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East Dip ° Hole Length (m) UTM North Elevation Azimuth °
KKRC060 Kwakyekrom 148.0 156.0 8.0 0.66 and 168.0 177.0 9.0 0.71 and 189.0 190.0 1.0 1.41	528710 634749 127 298 -60 234
KKRC061C Kwakyekrom 154.0 156.0 2.0 0.45	528696 634718 117 298 -60 210
KKRC062 Kwakyekrom no significant results	528326 634188 167 298 -60 107
KKRC063 Kwakyekrom 86.0 89.0 3.0 0.44 and 123.0 124.0 1.0 0.51 and 154.0 155.0 1.0 0.78	528364 634167 169 298 -60 186
KKRC064 Kwakyekrom 84.0 85.0 1.0 0.61 and 114.0 123.0 9.0 0.50	528384 633885 129 298 -60 144
KKRC065 Kwakyekrom 94.0 105.0 11.0 0.90 and 141.0 144.0 3.0 0.64	528409 633870 123 298 -60 200
KJRC011 Kojina Hill no significant results	528887 637281 110 300 -65 170
KJRC012 Kojina Hill 218.0 222.0 4.0 1.34 and 229.0 230.0 1.0 0.83	528887 637281 110 300 -75 252
KJRC013 Kojina Hill 6.0 13.0 7.0 0.33 and 83.0 113.0 30.0 0.39 including 83.0 91.0 8.0 0.51 and incl. 94.0 99.0 5.0 0.56 and incl. 109.0 113.0 4.0 0.57	528897 637243 123 300 -60 170
KJRC014 Kojina Hill 57.0 60.0 3.0 0.37 and 209.0 212.0 3.0 0.37	528897 637243 123 300 -75 288
KJRC015 Kojina Hill 126.0 127.0 1.0 0.40 and 139.0 140.0 1.0 0.42	528867 637240 130 300 -60 192
KJRC016 Kojina Hill 174.0 175.0 1.0 0.31 and 208.0 209.0 1.0 0.30 and 244.0 246.0 2.0 0.33	528871 637239 127 300 -75 252

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Newcore Gold Ltd. | Enchi Gold Project 2020 - 2021 Drill Results

==> picture [171 x 32] intentionally omitted <==

Table accompanies news release dated August 18, 2021

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)	UTM East UTM North Elevation Azimuth ° Dip ° Hole Length (m)
KJRC017 Kojina Hill 108.0 112.0 4.0 0.86 and 119.0 122.0 3.0 0.28 and 125.0 145.0 20.0 1.09 including 125.0 129.0 4.0 2.52 and 155.0 156.0 1.0 0.47	528838 637203 149 300 -65 162
KJRC018 Kojina Hill 48.0 50.0 2.0 0.30 and 98.0 102.0 4.0 0.68	528860 637219 141 300 -65 150
KJRC019 Kojina Hill 81.0 89.0 8.0 0.50 and 121.0 122.0 1.0 0.60	528871 637239 129 270 -70 282
KJRC020 Kojina Hill 67.0 69.0 2.0 0.44	528805 637400 97 120 -55 90
KJRC021 Kojina Hill no significant results	528774 637413 88 120 -55 132
KJRC022 Kojina Hill 2.0 3.0 1.0 0.62 and 44.0 49.0 5.0 1.68 and 61.0 120.0 59.0 0.79 including 80.0 90.0 10.0 3.03	528789 637334 113 120 -55 120
KJRC023 Kojina Hill no significant results	528766 637358 64 120 -55 168
KJRC024 Kojina Hill 86.0 100.0 14.0 0.87 and 117.0 132.0 15.0 1.44	528786 637377 107 120 -55 160

1. Intervals reported are core lengths with true width estimated to be 75 - 85%.

2. Length-weighted averages from uncut assays.

3. All drilling completed by independent contractor.

4. All drilling samples sealed on site and delivered directly to independent lab Intertek Mineral Limited located in Tarkwa, Ghana for preparation and 50g Fire Assay with AAS finish.

5. QA/QC procedures include industry standard inclusion of standards, blanks, and duplicates in all sample batches.

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