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Newcore Gold Capital/Financing Update 2022

Jul 27, 2022

46558_rns_2022-07-27_a8ac358b-0daa-4f17-8f04-5191d42f7ea9.pdf

Capital/Financing Update

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NEWS RELEASE

Newcore Gold Completes 90,000 Metre Drill Program, Significantly Expanding the Mineralized Footprint at the Enchi Gold Project, Ghana

High-Grade Encountered in Sulphides at Depth, Footprint of Oxide Mineralization Expanded at all Resource Areas, Three Greenfield Discoveries Made on the Project

July 27, 2022

TSX-V: NCAU, OTCQX: NCAUF

Vancouver, BC – Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce final drill results and the completion of a successful 90,000 metre drill program at the Company’s 100% owned Enchi Gold Project ("Enchi" or the

"Project") in Ghana. Newcore’s multi-pronged exploration approach delivered on its goals:

  • (i) Successfully outlined the potential resource growth along strike at all four deposits (Sewum, Boin, Nyam, Kwakyekrom);

  • (ii) Encountered strong results at previously drilled zones outside of the resource area (Kojina Hill, Eradi);

  • (iii) Intersected high-grade gold at depth, outlining the potential to delineate underground resources; and

  • (iv) Identified new discoveries from successful first pass drilling on early-stage targets (Sewum South, Tokosea, Sewum Ext. Parallel Structure).

The largest drill program to ever be completed on the Project was successful in highlighting the district scale potential across the 216 km[2] property and the strong potential to delineate additional resources at Enchi. Results from the drill program will be incorporated into an updated Mineral Resource Estimate expected to be completed by the end of 2022. Newcore is now planning the next phase of discovery and resource expansion drilling at Enchi.

Highlights from the 2020 - 2022 Drill Program at Enchi

  • Largest drill program to ever be completed at Enchi (92,583 metres) with results highlighting the potential for significant resource growth across the Project.

  • All deposits and targets remain open along strike and at depth, with drill results highlighting the potential for resource growth in both shallow oxides and at depth.

  • Drilling intersected the highest-grade gold interval to date, outside the limits of the pit-constrained mineral resource area.

  • RC hole KBRC250 at Boin intersected 95.16 g/t Au over 2.0 m from 109 m.

  • Deepest Drilling to Date Completed on the Project, Intersected High-Grade Mineralization in the Sulphides.

  • Drilling at Nyam defined two northerly plunging high-grade zones down to a depth of 300 metres which remain open for further expansion. Results include hole NBDD048 which intersected 4.51 g/t Au over 13.0 m from 236 m.

  • Three New Discoveries from First Pass Drilling on New Structures.

  • Drilling on a parallel structure at Sewum Extension, located 200 metres east of the Sewum Deposit, intersected 1.98 g/t Au over 25.0 m from 3.0 m in hole SWRC164.

  • Shallow drilling on two of the largest untested anomalies at Enchi, Sewum South and Tokosea, showcased the potential for additional resource areas across the property.

Suite 1560 - 200 Burrard Street Vancouver, British Columbia V6C 3L6

www.newcoregold.com [email protected]

Luke Alexander, President and CEO of Newcore stated, "Since we relaunched Newcore in mid2020, we have not only retained strong alignment with shareholders through management and director’s 24% equity interest, but we have also built out a very strong institutional shareholder base that currently owns approximately 40% of the equity, we have completed two resource updates and a Preliminary Economic Assessment, and we have now also completed the largest drill program ever on the Project. Our multi-pronged exploration approach delivered on the objectives we set at the start. We outlined near surface resource expansion potential along strike at all four of our existing deposits, we achieved strong results from drilling at previously drilled areas, we encountered high-grade intercepts at depth which outlined the potential for delineating underground resources, and we made three new greenfield discoveries. We have only just scratched the surface of the gold potential at Enchi. We look forward to continuing to unlock the value of Enchi through exploration and the drill bit, with a next phase drill program currently being planned for later this summer."

Greg Smith, VP Exploration of Newcore stated, "This drill program has significantly advanced our geological understanding of the potential size and scale at Enchi. Results from this largestever drill program on the Project highlight the potential to define gold mineralization on the same scale and magnitude as the significant gold deposits along the Sefwi-Bibiani Gold Belt. The success we have had with drilling, in both oxide and sulphide mineralization, highlights the potential for Enchi to develop into a much larger project through additional exploration. We are excited to be on a path to unlocking that potential."

Final Drill Results From the 90,000 Metre Drill Program and On-Going Exploration

Final drill results from the 2020 - 2022 drill program included Reverse Circulation ("RC") drilling targeting oxide mineralization within the southern extension of the Boin Gold Deposit, as well as diamond drilling ("DD") targeting deeper mineralization at all resource areas. All holes intersected gold mineralization, with results including 1.16 grams per tonne gold ("g/t Au") over 20.0 metres ("m") from 221 m in the sulphides, including 4.92 g/t Au over 1.8 m from 221 m at Boin.

Additional exploration work is on-going, including metallurgical testwork and trenching of high-priority surface anomalies in advance of a next phase drill program anticipated to commence in late Q3 2022.

Summary of Achievements from the 2020 – 2022 Drill Program

The drill program consisted of 575 holes representing 92,583 metres. The current Mineral Resource Estimate (completed June 2021) incorporated 20,195 metres of this drilling. Select highlighted assay results from the drill program are below:

Table 1 - Enchi Gold Project Drill Highlights (2020 - 2022 Drill Program)

Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)
KBRC250 Boin 109.0 111.0 2.0 95.16
KBRC276 Boin 113.0 216.0 103.0 1.00
KBDD064 Boin 121.0 195.0 74.0 1.28
SWRC093 Sewum 61.0 164.0 103.0 0.82
KBRC141 Boin 48.0 95.0 47.0 1.67

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Hole ID Zone/Deposit From (m) To (m) Length (m) Au (g/t)
NBRC075 Nyam 0.0 35.0 35.0 2.04
NBRC045 Nyam 179.0 219.0 40.0 1.57
NBRC017 Nyam 8.0 53.0 45.0 1.38
KBRC236 Boin 55.0 124.0 69.0 0.90
NBDD048 Nyam 236.0 249.0 13.0 4.51
KBRC185 Boin 137.0 204.0 67.0 0.85
SWRC164 Sewum Ext. 3.0 28.0 25.0 1.98
SWRC076 Sewum 104.0 120.0 16.0 3.04
SWRC076 Sewum 39.0 88.0 49.0 0.91
NBRC047 Nyam 222.0 247.0 25.0 1.94
NBRC047 Nyam 227.0 234.0 7.0 5.78
SWRC107 Sewum 4.0 81.0 77.0 0.63
TORC045 Tokosea 30.0 57.0 27.0 1.80
SWRC082 Sewum 36.0 60.0 24.0 2.02
NBDD052 Nyam 321.0 336.0 15.0 3.21
KJRC022 Kojina Hill 61.0 120.0 59.0 0.79
KBRC159 Boin 178.0 240.0 62.0 0.73
NBRC073 Nyam 74.0 131.0 57.0 0.78
SWRC083 Sewum 86.0 108.0 22.0 1.97
SWRC073 Sewum 0.0 28.0 28.0 1.52
NBRC092 Nyam 38.0 62.0 24.0 1.79
NBRC076 Nyam 1.0 51.0 50.0 0.85
KKRC041 Kwakyekrom 0.0 53.0 53.0 0.79

Notes:

  1. See detailed table for complete results

  2. Intervals reported are hole 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/5776/2022_07-ncau-nr-enchi-plan-maps-l.pdf

A cross section showing drill results and highlights for hole KBDD067 and KBDD075 can be viewed at:

https://newcoregold.com/site/assets/files/5776/2022_07-ncau-crosssection-kbdd067-l.pdf

A complete list of the 2020 – 2022 drill results, including hole details, can be viewed at: https://newcoregold.com/site/assets/files/5776/2022_07-ncau-enchi-2020-2022-drill-results-l.pdf

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Sewum - Drilling Expanded Mineralization and Intersected New Structures

Drilling expanded the known mineralized footprint at the Sewum Gold Deposit, intersecting new structures and widespread gold mineralization. Hole SWRC093 intersected a wide zone of mineralization of 0.82 g/t Au over 103.0 m from 61 m, extending the footprint of known mineralization at Sewum to the north of the pit-constrained mineral resource area. Hole SWRC076 drilled on the edge of the pit-constrained mineral resource area intersected 3.04 g/t Au over 16.0 m from 104 m with a second zone of 0.91 g/t Au over 49.0 m from 39 m. Hole SWRC107 intersected a wide zone of oxide mineralization returning 0.63 g/t Au over 77.0 m from 4 m. Hole SWRC082 drilled on the southern extent of the pit-constrained mineral resource area intersected near surface oxide mineralization of 2.02 g/t Au over 24.0 m from 36 m.

As part of the drill program, a total of 89 holes representing 16,552 metres were drilled at Sewum. Drilling expanded the drill tested strike extent by 25% to 3.0 kms, with the current pit constrained mineral resource defined across a strike extent of 2.4 kms. Gold mineralization is open along strike and down dip.

Sewum is the largest of the four deposits which comprise the pit constrained Inferred Mineral Resource Estimate at Enchi, 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 southeast 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.

Boin - Drilling Intersected the Highest-Grade Gold Interval to Date

Drilling at Boin intersected the highest-grade gold interval to date on the Project with RC hole KBRC250 intersecting 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 (true widths unknown). Drilling also expanded the known mineralized footprint at Boin both to the north and south of the pit-constrained mineral resource area. Wide-spaced exploration drilling extended gold mineralization 400 metres to the north and 1.5 km to the south of the current limits of the pit constrained resource. Additional drilling encountered wide zones of gold mineralization including hole KBRC276 with 1.00 g/t Au over 103.0 m from 113 m and hole KBDD064 with 1.28 g/t Au over 74.0 m from 121 m. RC drilling expanded the near surface oxide mineralization with wide gold intercepts including hole KBRC141 intersecting 1.67 g/t Au over 47.0 m from 48 m and hole KBRC236 intersecting 0.90 g/t Au over 69.0 m from 55 m.

As part of the drill program, a total of 172 holes representing 28,274 metres were drilled at Boin. Drilling has expanded the drill tested strike extent by 50% to 4.2 kms, with the current pit constrained mineral resource defined across a strike extent of 2.8 kms. Gold mineralization is open along strike and down dip.

Boin 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-kilometrelong 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

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kilometres south beyond the limits of current drilling. To date, approximately 50% of the goldin-soil anomaly is untested by drilling.

Nyam – Deepest Drilling Completed to Date, High-Grade Intersected in Sulphides at Depth

Drilling at the Nyam Gold Deposit included the deepest drilling completed to date on the Project, with high-grade mineralization encountered in the sulphides. Drilling has defined two northerly plunging high-grade zones down to a depth of 300 metres which remain open for further expansion. Hole NBDD052 intersected a high-grade gold mineralized structure grading 5.57 g/t Au over 8.0 m from 322 m, within a broader zone of 3.21 g/t Au over 15.0 m from 321 m. Hole NBDD048 intersected 4.51 g/t Au over 13.0 m from 236 m and hole NBRC047 intersected 1.94 g/t Au over 25.0 m from 222 m. Drilling has also expanded the near surface oxide mineralization with hole NBRC075 intersecting 2.04 g/t Au over 35.0 m from surface and hole NBRC017 intersecting 1.38 g/t Au over 45.0 m from 8 m.

As part of the drill program, a total of 104 holes representing 18,087 metres were drilled at Nyam. Drilling has expanded the drill tested strike extent by 40% to 2.0 kms, with the current pit constrained mineral resource defined across a strike extent of 1.4 kms. Gold mineralization is open along strike and down dip.

Nyam is one of the four deposits which comprise the pit constrained Inferred Mineral Resource Estimate at Enchi (4.9 million tonnes grading 0.82 g/t Au containing 129,000 ounces). Nyam is located 15 kilometres east of the town of Enchi, with nearby roads and power and further access provided by a series of drill roads. An airborne geophysical anomaly coincident with the Nyam Gold Deposit shows a complex series of linear high conductivity trends, reflective of the multiple sub-parallel gold-bearing structures. To date, approximately 30% of the gold-insoil anomaly is untested by drilling.

Kwakyekrom – Newest Resource Area at Enchi

Drilling completed as part of the 2020 – 2022 drill program led to an initial resource being defined at Kwakyekrom as part of the Mineral Resource Estimate announced in June 2021. Drilling at Kwakyekrom also included the best interval drilled to date at the zone, hole KKRC041 encountered 0.79 g/t Au over 53.0 m from surface.

As part of the drill program, a total of 70 holes representing 11,434 metres were drilled at Kwakyekrom. Drilling has expanded the drill tested strike extent by 120% to 1.1 kms, with the current pit constrained mineral resource defined across a strike extent of 500 m. Gold mineralization is open along strike and down dip.

Kwakyekrom is one of the four deposits which comprise the pit constrained Inferred Mineral Resource Estimate at Enchi (2.7 million tonnes grading 0.64 g/t Au containing 55,600 ounces), with an initial resource defined at Kwakyekrom as part of the updated Mineral Resource Estimate announced in June 2021. Kwakyekrom is located 15 kilometres southeast of the town of Enchi, with nearby roads and power and further access provided by a series of drill roads. The Kwakyekrom structure is interpreted to be an extension of the Nyam structure and is located south of Nyam. To date, approximately 40% of the gold-in-soil anomaly is untested by drilling.

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Sewum South, Tokosea, Sewum Ext. Parallel Zone – Three New Greenfield Discoveries

Three new discoveries were made at Enchi as a result of first pass drill testing on earlier-stage targets. Inaugural RC drilling on two of the largest anomalies identified on the property, Sewum South and Tokosea, intersected shallow oxide gold mineralization demonstrating the potential to delineate additional resource areas across the 216 km[2] property.

  • Sewum South is the largest gold-in-soil anomaly on the Project with a dimension of sixkilometres-by-two-kilometres and is located on the southern end of the property. Mineralization is interpreted to be related to several sub-parallel and intersecting structural trends defined by the geophysical signatures with similarities to the Sewum Deposit. Drilling intersected multiple gold mineralized zones, with hole SWRC130 encountering 0.95 g/t Au over 15.0 m from 25 m, including 2.31 g/t Au over 5.0 m from 25 m and a second zone of 1.50 g/t Au over 4.0 m from 14 m. As part of the 2020 - 2022 drill program, 29 holes totalling 3,120 metres were completed.

  • Tokosea a large anomalous area located in the central portion of the Enchi Gold Project and is one of the largest anomalous areas with gold-in-soil and associated geophysical anomalies. Hole TORC045 intersected multiple zones of mineralization throughout the drill hole. Near surface, the hole intersected 1.80 g/t Au over 27.0 m from 30 m, including 4.13 g/t Au over 3.0 m from 31 m, 3.41 g/t Au over 3.0 m from 38 m, and 3.76 g/t Au over 3.0 m from 47 m. Tokosea is outlined on surface by a six-kilometre-long and two-to-threekilometre-wide gold-in-soil anomaly, of which wide spaced and shallow drilling tested targets within a four-kilometre-by-two-kilometre area. As part of the 2020 - 2022 drill program, 82 holes totalling 10,238 metres were completed.

  • Sewum Ext. Parallel Zone was an undrilled target at Sewum, a series of sub-parallel structures defined by gold-in-soil and trench anomalies located approximately 200 metres east of the main Sewum structure. These new sub-parallel structures have now been tested for over 400 metres of strike length and are open to both the north and south. Hole SWRC152 tested shallow oxide mineralization and intersected 5.84 g/t Au over 6.0 m from 2 m, including 26.82 g/t Au over 1.0 m from 2 m. As part of the 2020 - 2022 drill program, 10 holes totalling 1,086 metres were completed.

As part of the drill program, a total of 121 holes representing 14,444 metres were drilled on these earlier stage targets. These targets represent new areas for longer-term potential resource growth at Enchi. All of these areas are within close proximity of the infrastructure outlined in the June 2021 Preliminary Economic Assessment.

Other Targets with No Defined Mineral Resource

  • Eradi is a previously drilled target at Enchi, located on the northern end of the property, where diamond drilling in 2021 tested approximately 1.2 kilometres of strike length, with all holes intersecting gold mineralization. Hole ERDD020, completed on the northern portion of the target, intersected multiple gold mineralized zones within the oxides including a wide zone with high-grade core structures which encountered 0.89 g/t Au over 47.8 m from 41.2 m, including 6.44 g/t Au over 2.5 m from 41.2 m and 2.14 g/t Au over 5.8 m from 54.2 m. Eradi has now been tested at wide spacings over a strike length of 1.6 kilometres and remains open along strike and to depth. As part of the 2020 - 2022 drill program, 14 holes totalling 2,189.5 metres were completed.

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  • Kojina Hill is an advanced target on the property that is outlined on surface by a twokilometre-long by one-kilometre-wide gold-in-soil anomaly. It is related to a structure subparallel to the Nyam Shear Zone and located 1.5 kilometres west of the Nyam Deposit. As part of the 2020 - 2022 drill program, 14 holes totalling 2,588 metres were completed. The Company is currently testing the strike extent of the Kojina Hill anomaly through completion of a manual trenching program.

Final Drill Results From the 90,000 Metre Drill Program

Remaining results from the 2020 - 2022 drill program included RC drilling targeting oxide mineralization within the southern extension of the Boin Gold Deposit, as well as diamond drilling completed at all resource areas. This release reports final results from the drill program: 3 DD holes totalling 1,061.7 m (SWDD081 to SWDD083) at Sewum, 10 DD holes totalling 2,631.4 m (KBDD067 to KBDD076) targeting Boin, 7 RC holes totalling 932 m (KBRC281 to KBRC287) targeting the southern extension at Boin, 3 DD holes totalling 946.9 m (NBDD057 to NBDD059) at Nyam, and 2 DD holes totalling 640.3 m (KKDD002, KKDD003) at Kwakyekrom. All holes intersected gold mineralization.

Diamond drilling at Boin included hole KBDD075, drilled in the central portion of the structure, intersected several gold mineralized zones including 1.16 g/t Au over 20.0 m from 221 m with higher-grade core structures of 4.92 g/t Au over 1.8 m from 221 m, 1.99 g/t Au over 3.8 m from 227.2 m, and 2.03 g/t Au over 2.5 m from 236 m. Hole KBDD067, collared 50 metres west of KBDD075 on the same section, intersected 1.07 g/t Au over 15.0 m from 250 m, including 2.28 g/t Au over 5.0 m from 251 m, as well as 5.14 g/t Au over 2.8 m from 185.2 m, 1.75 g/t Au over 5.7 m from 33.3 m, and 1.35 g/t Au over 3.0 m from 90 m. Hole KBDD076, collared 100 metres south of KBDD075, intersected 3.42 g/t Au over 2.8 m from 257 m, and 1.00 g/t Au over 2.2 m from 199 m. Hole KBDD068, collared 800 metres north of KBDD075, intersected multiple gold mineralized structures including 1.11 g/t Au over 1.3 m from 241.5 m and 2.01 g/t Au over 1.0 m from 278 m.

Shallow drilling on the southern extension at Boin consisted of seven RC holes all of which intersected gold mineralization within the near-surface oxidized zone and upper portions of the sulphides. Hole KBRC284 intersected multiple mineralized zones with 1.07 g/t Au over 5.0 m from 18 m and 0.57 g/t Au over 8.0 m from 50 m. Hole KBRC281 intersected multiple structures including 1.43 g/t Au over 3.0 m from 108 m and 0.60 g/t Au over 7.0 m from 3 m.

Drilling at Nyam included three additional deeper diamond drill holes, each of which intersected multiple gold mineralized zones. Hole NBDD057 intersected 1.07 g/t Au over 12.0 m from 181 m including 1.96 g/t Au over 3.0 m from 184 m. Hole NBDD058, drilled 50 metres south of NBDD057, intersected 0.90 g/t Au over 12.2 m from 221.2 m including 2.64 g/t Au over 1.4 m from 222.8 m and 2.10 g/t Au over 1.8 m from 231.6 m. Hole NBDD059, drilled 75 metres north of NBDD057, intersected 0.59 g/t Au over 13.0 m from 277 m, including 1.13 g/t Au over 2.2 m from 286.8 m.

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),

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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 - 2022 Enchi Drilling Program

A 90,000 metre discovery and resource expansion drill program (commenced in August 2020) was completed at Enchi in Q2 2022. The program included both RC and diamond drilling and included the first deeper drilling on the Project. Newcore’s multi-pronged exploration approach delivered on the goals set out at the start of drilling: (i) successfully outlined potential resource growth along strike at all four existing deposits (Sewum, Boin, Nyam, Kwakyekrom); (ii) encountered strong results at previously drilled zones that are outside of the resource area (Kojina Hill and Eradi); (iii) drilling intersected high-grade at depth which has outlined the potential for underground resources; and (iv) identified new discoveries from successful first pass drilling on early stage kilometre-scale gold-in-soil anomalous targets (Sewum South, Tokosea). The total planned drill program consisted of 575 holes representing 92,583 metres.

Drill Hole Locations (Previously Unreleased Drill Results Only)

Table 2 - Enchi Gold Project Drill Hole Location Details

Hole ID UTM East UTM North
Elevation		 Azimuth ° Dip ° Length(m)
KBRC281 517320 631388 118 114 -50 150
KBRC282 517438 631445 109 114 -50 102
KBRC283 517404 631458 115 114 -50 150
KBRC284 517449 631542 112 114 -50 156
KBRC285 517457 631714 131 114 -50 170
KBRC286 517603 631796 145 114 -50 102
KBRC287 517700 631963 121 114 -50 102
KBDD067 519130 634081 142 120 -52 300.4
KBDD068 519473 634792 121 120 -52 339.5
KBDD069 520258 635635 116 120 -55 318.5
KBDD070 519303 634424 138 114 -60 235.4
KBDD071 520261 635352 119 114 -55 199.4
KBDD072 520201 635384 118 114 -58 310.4
KBDD073A 520330 635316 110 0 -90 274.0
KBDD074 518910 633615 168 114 -60 121.5
KBDD075 519168 634041 123 114 -60 257.1
KBDD076 519109 633975 144 114 -60 275.2
NBDD057 530644 637797 92 300 -60 312.5
NBDD058 530629 637755 96 300 -60 299.2
NBDD059 530730 637844 102 300 -62 335.2
SWDD081 521232 629138 189 120 -60 395.3
SWDD082 521256 628074 134 120 -53 364.7
SWDD083 521259 629336 144 120 -60 301.7
KKDD002 528642 634568 103 298 -63 315.6
KKDD003 528707 634630 106 298 -65 324.7

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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 at 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 24% 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.

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

[email protected] 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.

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  • 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 drill campaign, magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.

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.

==> picture [100 x 19] intentionally omitted <==

  • 10 -

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.

==> picture [100 x 19] intentionally omitted <==

  • 11 -

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text -----

KBRC197
KBRC198
KBRC196
KBRC195
KBRC194
KBRC192 KBRC193
KBRC183
KBRC252 KBRC1916600
KBDD069 KBRC181KBRC180 KBRC179 KBRC243
KBRC251 KBRC182
KBDD065 6400
KBRC177 KBRC146
SECTORNORTH KBDD072 KBRC276KBRC189KBRC241 KBRC2406200KBRC242KBRC147
KBRC238 KBRC239
KBRC173 KBRC275
KBRC274 KBRC2486000
KBRC170 KBRC237 KBDD073A
KBRC174KBRC171KBRC235 KBRC232KBRC245 KBDD071
KBRC169 KBRC2335800
KBRC166 KBRC187KBRC234
KBRC168 KBRC165
KBRC167 5600
KBRC186 KBRC164
KBDD068
KBRC273 KBRC163 5400
KBRC185
5200
KBDD070 5000
KBRC152
KBRC151
4800
KBDD064 KBRC153KBRC143
KBDD075KBDD067 KBRC1444600 Pit Shell
KBDD076
KBRC154
4400 Outline
KBDD063AKBDD063 KBRC2534200
CENTRAL KBDD074 KBRC141 KBRC1404100
SECTOR KBDD066KBRC155 4000
KBRC155A
3900
3800
3700
KBRC142B
KBRC142 3600
KBDD062 KBRC139 3500
KBDD061A KBRC156A 3400
KBRC158KBRC159 KBRC157B 3300
KBRC138 KBRC138A
KBRC161 3200 Legend
KBRC280
KBRC279 KBRC160 3100
KBRC278 KBRC244 3000
KBRC277 KBRC229KBRC228KBRC162 2900 Drill Hole
KBRC231
KBRC203 KBRC230 2800 Assays Announced
KBRC202 2700 July 27, 2022
2600
KBRC206
KBRC205 KBRC204
KBRC209 KBRC208 2400 Drill Hole
KBRC255 KBRC207 Prior 2020 - 2021 Assays Not in
KBRC262KBRC227 KBRC226KBRC254 2200 Mineral Resource Estimate
KBRC264KBRC256KBRC257KBRC258 KBRC259KBRC263KBRC260 KBRC287 KBRC262 20002100 Drill Hole
KBRC267 KBRC224 1900
KBRC285 KBRC272KBRC266 KBRC222KBRC265KBRC223 KBRC286 KBRC225 17001800 Mineral Resource Estimate2020 Assay Included in
KBRC269KBRC268KBRC271 KBRC270 KBRC283KBRC284 14001500 1600 Previous Drill Holes
KBRC281 KBRC282 1300 SECTORSOUTH 2 km
2020-2022 Drill Program | Enchi Gold Project
Boin, Ghana (As of July 2022)
----- End of picture text -----

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text -----

SEWUM
RIDGE
SWDD083
SWRC070 SWRC069
SWRC068
SWDD081
SWRC071
SWDD079A
SWRC072
SWDD075 SWRC086
SWRC085
SWRC088 SWRC087
SWDD074 SWRC090
SWRC089
SWDD073
SWRC099 SWRC091
SWRC092 SWDD082 SWRC093SWRC108
SEWUM SWDD071BSWRC093 SWRC113 SWRC105SWRC112
SWDD070A SWRC109
CHECKERBOARD HILL SWRC094 SWRC106SWRC110
SWRC095 SWRC107
SWDD072 SWRC111
SWRC096 SWRC076SWRC077
SWRC097 Pit Shell
Outline
SWRC139
SWRC138
SWRC137
SWRC140
SWRC156
SWRC158
SWRC157
SWRC124 SWRC104
SWRC125 SWDD076
SWRC126SWRC127 SEWUM SWRC081SWRC080SWRC079SWRC075 [SWRC100] SWDD077 SWRC145SWRC147SWRC154SWRC153SWRC155 Legend
SWRC132 SWRC133 EXT. SWRC165SWRC166SWDD078 SWRC169SWRC074SWRC073SWRC143SWRC151SWRC152SWRC150SWRC149 Drill Hole
SWDD080 SWRC164 SWRC170 Assays Announced
SWRC078 SWRC162 SWRC168SWRC167 July 27, 2022
SWRC163
SWRC128SWRC129 SWRC130SWRC131 SWRC102SWRC103 Drill Hole
SWRC141A SWRC136
SWRC142 SWRC135 Prior 2020 - 2021 Assays Not in
SWRC134 Mineral Resource Estimate
SWRC121 Drill Hole
SWRC122 2020 Assay Included in
Mineral Resource Estimate
SWRC123 SWRC120
SEWUM SWRC119 1 km Previous Drill Holes
SOUTH
SWRC115
SWRC114
SWRC116
SWRC118
SWRC117 2020-2022 Drill Program | Enchi Gold Project
Sewum, Ghana (As of July 2022)
----- End of picture text -----

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text -----

NBRC036 NBRC037
NBRC038
NBRC039 NBRC040
NBRC041
NBRC042A
NBRC043
Pit Shell
Outline
NBRC098
NBRC099
NBRC103
NBRC101
NBRC100 NBRC102 NBRC035
NBRC104
NBRC097 NBRC019
NBRC034
NBRC033
NBRC096 [NBRC105]
NBRC023
NBRC094 NBRC044
NBRC092 NBRC095
NBRC093
NBRC089
NBRC090
NBRC086 NBRC091
NBRC085
NBRC083 NBRC087
NBRC088
NBRC107 NBRC084
NBRC082
NBRC081
NBRC106 NBDD059
NBRC077NBRC078 NBRC080 NBDD058NBDD057
NBRC079 NBDD052
NBRC076 NBRC020NBRC046 Legend
NBRC047
NBDD053
NBRC021
NBRC075 NBDD050
NBRC048 NBRC022 NBRC045 NBDD054 Drill Hole
NBRC049 NBDD049 Assays Announced
NBRC073 NBRC032
NBRC072 NBRC074 July 27, 2022
NBRC050
NBRC051 Drill Hole
NBRC071
NBRC069 Prior 2020 - 2021 Assays Not in
NBRC052 Mineral Resource Estimate
NBRC053
NBRC054
NBRC055 NBRC067
NBRC018 NBRC068 NBDD055 Drill Hole
NBRC027 NBRC017NBRC024 NBDD056 2020 Assay Included in
NBRC016 NBRC025 Mineral Resource Estimate
NBRC031
NBRC026 NBDD048
NBRC028NBRC029 Previous Drill Holes
NBRC030
NBDD051
NBRC056
NBRC070
NBRC059B 500 metres
NBRC057
NBRC058
NBRC060 2020-2022 Drill Program | Enchi Gold Project
Nyam, Ghana (As of July 2022)
----- End of picture text -----

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text -----

KKRC066
KKRC084
KKRC067
KKRC084
KKRC073
KKRC074
KKRC069
KKRC070
KKRC071
KKRC072
KKRC075
KKRC076
KKRC077
KKRC078
KKRC079
KKRC080
KKRC081
KKRC082
KKRC039 KKRC083
KKRC040
KKRC037 KKRC017A KKRC058
KKRC036 KKRC018 KKRC038
KKRC019 KKRC059
KKRC020 KKRC031
KKRC050KKRC029KKRC021KKRC032 KKRC061CKKRC026KKRC030KKRC060 Legend
KKRC043 KKRC027 KKRC052
KKRC022 KKRC053
KKRC035 KKRC028
KKRC023KKRC034 KKRC056KKRC057 KKDD003 KKRC051 Drill Hole
KKRC025KKRC024 KKRC055 KKDD002 Assays Announced
KKRC033 July 27, 2022
KKRC042 KKRC054
KKRC041 KKRC048
KKRC049 Pit Shell Drill Hole
KKRC046KKRC047 Outline Prior 2020 - 2021 Assays Not in
Mineral Resource Estimate
KKRC044
KKRC045
Drill Hole
KKRC062KKRC063 2020 Assay Included in
Mineral Resource Estimate
Previous Drill Holes
500 metres
KKRC064
KKRC065
2020-2022 Drill Program | Enchi Gold Project
Kwakyekrom, Ghana (As of July 2022)
----- End of picture text -----

==> picture [766 x 599] intentionally omitted <==

----- Start of picture text -----

KBRC044
KBDD075
KBDD067 KBDDH049 KBDDH051
KBRC043
KBDDH044
KBRC086
KBRC085
KBRC042
0.20 g/t Au over 1.8 m
surface
0.69 g/t Au over 8 m
0.60 g/t Au over 16 m 0.89 g/t Au over 4 m
1.75 g/t Au over 5.7 m 0.53 g/t Au over 7 m 100 Elev
0.73 g/t Au over 22 m 0.34 g/t Au over 3 m
0.25 g/t Au over 2 m Oxide Zone
0.31 g/t Au over 3 m
0.26 g/t Au over 2.0 m
2.92 g/t Au over 6 m 0.47 g/t Au over 2 m
0.75 g/t Au over 2 m
0.51 g/t Au over 3 m
1.35 g/t Au over 3 m
84
0.26 g/t Au over 15 m
50 Elev
0.47 g/t Au over 2.5 m
0.52 g/t Au over 2.0 m
120
0.83 g/t Au over 1.8 m
120 101.1 120
0.50 g/t Au over 1.8 m
150 0.98 g/t Au over 60 m
0.31 g/t Au over 1.0 m
0 Elev
5.14 g/t Au over 2.8 m 0.28 g/t Au over 1.4 m 155
0.44 g/t Au over 20 m
1.16 g/t Au over 20 m
0.58 g/t Au over 1.9 m
incl. 4.92 g/t Au over 1.8 m, 1.99 g/t Au over 3.8 m, 2.03 g/t Au over 2.5 m
0 50 100 m
0.77 g/t Au over 7.0 m -50 Elev
LEGEND
1.07 g/t Au over 15 m
Mineralized Zone incl. 2.28 g/t Au over 5 m 257.1 2020-2022 Drill Program | Enchi Gold Project
Drillhole trace
2021 Resource Pit Shell TO DEPTHOPEN 0.52 g/t Au over 2.2 m Boin Deposit - Cross Sec�on (A - A’)-100 Elev
KBDD067, KBDD075
(US$1,650/oz Au)
Viewing Northeast, July 2022
----- End of picture text -----

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Drill Results Released July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Hole
Length (m)
UTM
North
Elevation
Azimuth °
Dip °
KBDD067
Boin
33.3
39.0
5.7
1.75
and
48.0
50.0
2.0
0.25
and
90.0
93.0
3.0
1.35
and
106.0
108.5
2.5
0.47
and
115.2
117.0
1.8
0.83
and
185.2
188.0
2.8
5.14
and
208.5
210.4
1.9
0.58
and
216.0
223.0
7.0
0.77
and
250.0
265.0
15.0
1.07
including
251.0
256.0
5.0
2.28
and
273.0
275.2
2.2
0.52		 519130
634081
142
120
-52
300.4
KBDD068
Boin
211.0
217.0
6.0
0.56
and
234.9
242.8
7.9
0.00
including
241.5
242.8
1.3
1.11
and
276.0
283.0
7.0
0.67
including
278.0
279.0
1.0
2.01		 519473
634792
121
120
-52
339.5
KBDD069
Boin
277.0
278.0
1.0
0.97
and
304.0
308.0
4.0
0.42		 520258
635635
116
120
-55
318.5
KBDD070
Boin
197.0
202.8
5.8
0.32
and
221.2
224.5
3.3
0.32
and
232.4
233.3
0.9
0.59		 519303
634424
138
114
-60
235.4
KBDD071
Boin
26.0
28.0
2.0
0.58
and
74.0
80.0
2.0
0.25
and
83.5
90.0
2.0
0.27		 520261
635352
119
114
-55
199.4
KBDD072
Boin
77.0
79.6
2.6
0.49
and
204.0
206.0
2.0
0.72
and
287.3
288.2
0.9
0.31		 520201
635384
118
114
-58
310.4

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Elevation
Azimuth °
Dip °
Hole
Length (m)
UTM
North
KBDD073A
Boin
0.0
10.0
10.0
0.26
including
0.0
1.2
1.2
1.04
and
167.3
170.0
2.7
0.25
and
182.4
183.6
1.2
3.33
and
204.4
206.0
1.6
0.52		 520330
635316
110
0
-90
274
KBDD074
Boin
hole lost and not sampled		 518910
633615
168
114
-60
121.5
KBDD075
Boin
9.8
11.6
1.8
0.20
and
65.0
67.0
2.0
0.26
and
114.0
116.0
2.0
0.52
and
139.7
141.5
1.8
0.50
and
158.0
159.0
1.0
0.31
and
162.8
164.2
1.4
0.28
and
221.0
241.0
20.0
1.16
including
221.0
222.8
1.8
4.92
including
227.2
231.0
3.8
1.99
including
236.0
238.5
2.5
2.03		 519168
634041
123
114
-60
257.1
KBDD076
Boin
16.0
17.0
1.0
0.30
and
19.0
19.7
0.7
0.26
and
146.2
147.0
0.8
0.31
and
179.0
179.5
0.5
0.40
and
199.0
201.2
2.2
1.00
and
219.0
220.0
1.0
0.65
and
257.0
261.0
2.8
3.42
and
268.0
268.8
0.8
0.24		 519109
633975
144
114
-60
275.2

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
KBRC281
Boin
3.0
10.0
7.0
0.60
and
24.0
27.0
3.0
0.42
and
68.0
70.0
2.0
0.27
and
79.0
81.0
2.0
0.22
and
108.0
111.0
3.0
1.43
and
124.0
127.0
3.0
0.29		 517320
631388
118
114
-50
150
KBRC282
Boin
33.0
34.0
1.0
0.35
and
63.0
64.0
1.0
0.40		 517438
631445
109
114
-50
102
KBRC283
Boin
23.0
32.0
9.0
0.64
and
54.0
59.0
5.0
0.73
and
65.0
66.0
1.0
0.43
and
73.0
119.0
46.0
0.22
including
80.0
82.0
2.0
0.52
including
103.0
105.0
2.0
0.42		 517404
631458
115
114
-50
150
KBRC284
Boin
9.0
11.0
2.0
0.26
and
18.0
23.0
5.0
1.07
and
50.0
58.0
8.0
0.57
and
66.0
68.0
2.0
0.66
and
104.0
120.0
16.0
0.23
and
135.0
155.0
20.0
0.31		 517449
631542
112
114
-50
156
KBRC285
Boin
30.0
31.0
1.0
1.09
and
115.0
124.0
9.0
0.32
including
115.0
118.0
3.0
0.60
and
144.0
145.0
1.0
0.32		 517457
631714
131
114
-50
170
KBRC286
Boin
44.0
45.0
1.0
0.22
and
59.0
60.0
1.0
0.31		 517603
631796
145
114
-50
102
KBRC287
Boin
21.0
22.0
1.0
0.22
and
83.0
84.0
1.0
0.89		 517700
631963
121
114
-50
102

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
NBDD057
Nyam
109.0
119.0
10.0
0.54
and
181.0
193.0
12.0
1.07
including
184.0
187.0
3.0
1.96
and
226.8
229.0
2.2
0.46
and
234.6
242.0
7.4
0.58
and
270.0
273.0
3.0
0.50
and
283.3
285.0
1.7
0.33		 530644
637797
92
300
-60
312.5
NBDD058
Nyam
23.5
24.4
0.9
0.38
and
116.7
118.0
1.3
0.28
and
126.0
127.0
1.0
0.37
and
130.0
131.1
1.1
1.26
and
191.0
192.0
1.0
0.75
and
199.0
201.2
2.2
0.37
and
221.2
233.4
12.2
0.90
including
222.8
224.2
1.4
2.64
including
231.6
233.4
1.8
2.10
and
238.7
240.6
1.9
0.43
and
245.0
248.0
3.0
0.71
and
258.0
266.0
8.0
0.30		 530629
637755
96
300
-60
299.2
NBDD059
Nyam
189.2
190.2
1.0
0.80
and
270.2
273.0
2.8
0.67
and
277.0
290.0
13.0
0.59
including
286.8
289.0
2.2
1.13		 530730
637844
102
300
-62
335.2

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Hole
Length (m)
UTM
North
Elevation
Azimuth °
Dip °
SWDD081
Sewum
0.0
3.0
3.0
0.47
and
57.3
58.3
1.0
0.43
and
118.0
119.0
1.0
0.31
and
150.0
151.0
1.0
0.35
and
218.0
224.0
6.0
0.57
and
254.0
256.0
2.0
0.33
and
261.0
262.0
1.0
0.39
and
324.2
325.0
0.8
1.42		 521232
629138
189
120
-60
395.3
SWDD082
Sewum
53.0
54.2
1.2
0.46
and
57.7
58.3
0.6
0.62
and
132.2
133.0
0.8
0.27
and
145.0
146.0
1.0
0.29
and
152.4
153.0
0.6
0.33
and
155.0
157.0
2.0
0.86
and
197.0
198.5
1.5
0.24
and
234.0
235.0
1.0
0.35
and
263.8
265.7
1.9
0.32
and
266.7
268.1
1.4
0.41
and
272.0
275.0
3.0
0.24		 521256
628074
134
120
-53
364.7
SWDD083
Sewum
53.1
55.2
2.1
0.84
and
97.0
98.0
1.0
0.31
and
167.2
168.0
0.8
0.43
and
193.7
209.0
15.3
0.43		 521259
629336
144
120
-60
301.7

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Hole
Length (m)
UTM
North
Elevation
Azimuth °
Dip °
KKDD002
Kwakyekrom
30.0
31.0
1.0
0.88
and
135.0
136.0
1.0
0.57
and
152.0
155.0
3.0
0.35
and
170.0
183.0
13.0
0.28
and
188.0
191.0
3.0
0.67
and
230.0
231.0
1.0
0.31
and
244.0
245.8
1.8
0.33		 528642
634568
103
298
-63
315.6
KKDD003
Kwakyekrom
188.0
232.0
44.0
0.20
including
188.0
192.0
4.0
0.44
including
199.0
201.0
2.0
0.44
including
210.6
212.3
2.0
0.35
including
216.0
229.0
13.0
0.31
and
288.0
289.0
1.0
0.30
and
314.0
315.0
1.0
0.46		 528707
634630
106
298
-65
324.7

  1. Intervals reported are hole 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]

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

To (m)
Length (m)
Hole ID
Zone/Deposit
From (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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Dip °
Hole
Length (m)
UTM
North
Elevation
Azimuth °
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Hole
Length (m)
UTM
North
Elevation
Azimuth °
Dip °
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
including
136.0
137.4
1.4
9.93
including
149.3
155.4
6.1
2.24
including
170.6
177.0
6.4
4.04
including
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
including
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
including
267.0
270.0
3.0
1.84		 518777
633586
146
114
-57
300.6
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

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
SWRC099
Sewum
9.0
10.0
1.0
0.42
94.0
96.0
2.0
0.21
118.0
130.0
12.0
0.73
136.0
138.0
2.0
0.29		 521332
628166
110
120
-50
150

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Dip °
Hole
Length (m)
UTM
North
Elevation
Azimuth °
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
SWDD070A
Sewum
131.4
131.8
0.4
2.48
and
212.4
213.0
0.6
0.42
and
243.0
244.0
1.0
0.38
and
285.5
298.2
12.7
0.17		 521129
627940
118
120
-57
320.4
SWDD071B
Sewum
77.5
79.0
1.5
0.63
and
104.0
118.0
14.0
2.33
including
110.0
117.0
7.0
4.08
and incl.
116.0
117.0
1.0
20.54
and
123.0
127.0
4.0
0.67
and
149.0
151.0
2.0
0.93
and
162.0
166.1
4.1
0.33
and
171.0
172.0
1.0
0.31
and
242.0
244.0
2.0
0.30
and
277.6
291.0
13.4
0.40		 521312
627963
100
120
-55
374.5
SWDD072
Sewum
134.0
135.4
1.4
0.23
and
184.3
186.2
1.9
0.27
and
221.3
228.0
6.7
0.79		 521119
627799
111
120
-55
259.8
SWDD073
Sewum
159.0
164.1
5.1
0.75
and
168.0
180.8
12.8
0.34
and
195.5
202.0
6.5
1.61
and
220.2
223.7
3.5
0.78
and
231.2
237.3
6.1
0.56
including
231.2
233.0
1.8
1.24
and
257.2
258.0
0.8
0.42
and
273.3
284.5
11.2
0.63
including
283.0
284.5
1.5
2.38
and
294.0
297.0
3.0
0.57
and
303.0
307.0
4.0
0.31
and
319.7
327.0
7.3
0.64		 521264
628205
131
120
-55
350.1

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
SWDD074
Sewum
6.0
9.0
3.0
0.26
and
57.2
60.4
3.2
0.42
and
107.0
108.0
1.0
0.30
and
114.0
115.0
1.0
1.01
and
149.4
150.0
0.6
0.65
and
236.1
237.4
1.3
0.28		 521313
628290
143
120
-55
329.2
SWDD075
Sewum
2.0
18.0
16.0
0.58
and
101.0
108.3
7.3
0.31
and
125.0
125.9
0.9
1.75
and
344.3
345.0
0.7
1.05
and
350.0
365.6
15.6
0.98
including
359.0
365.6
6.6
2.00		 521303
628694
195
120
-52
389.3
SWDD076
Sewum
130.0
146.0
16.0
0.54
including
131.0
132.0
1.0
1.64
and
160.0
161.0
1.0
0.49		 520522
626435
107
120
-55
275.1
SWDD077
Sewum
148.0
149.0
1.0
0.53
and
224.0
233.0
9.0
1.23
including
227.0
230.1
3.1
1.98
and
243.0
245.0
2.0
0.45
and
253.3
255.0
1.7
0.74
and
289.2
290.1
0.9
0.32		 520396
626389
102
120
-55
302.1
SWDD078
Sewum
250.0
250.8
0.8
0.63
and
324.0
331.0
7.0
0.39		 520300
626255
99
120
-60
371.4

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
SWDD079A
Sewum
39.4
56.0
16.6
0.20
and
62.2
72.0
9.8
0.21
and
75.8
79.0
3.2
0.38
and
120.0
132.0
12.0
0.33
and
173.6
187.0
13.4
0.52
and
191.9
195.0
3.1
0.56
and
209.9
212.0
2.1
0.37
and
220.2
221.0
0.8
0.37
and
307.0
310.0
3.0
0.28
and
313.0
314.0
1.0
0.47
and
404.0
405.0
1.0
0.34		 521289
628910
174
120
-60
404.6
SWDD080
Sewum
214.0
215.0
1.0
0.52
and
247.1
249.0
1.9
0.42		 520308
626179
87
120
-70
282.2
SWRC143
Sewum Ext.
5.0
19.0
14.0
1.49
and
26.0
27.0
1.0
0.87		 520505
626275
122
120
-55
50
SWRC144
Sewum Ext.
81.0
94.0
13.0
1.72		 520501
626343
118
120
-60
120
SWRC145
Sewum Ext.
8.0
34.0
26.0
0.41		 520569
626355
113
120
-55
70
SWRC146
Sewum Ext.
47.0
51.0
4.0
0.38
and
62.0
64.0
2.0
1.32		 520550
626367
120
120
-55
100
SWRC147
Sewum Ext.
6.0
20.0
14.0
0.45		 520615
626387
108
120
-55
40
SWRC148
Sewum Ext.
66.0
68.0
2.0
1.37
and
84.0
86.0
2.0
0.36		 520576
626411
105
120
-65
110
SWRC149
Sewum Ext. 2
47.0
49.0
2.0
0.29		 520996
626322
98
120
-50
100
SWRC150
Sewum Ext. 2
5.0
7.0
2.0
0.55		 520893
626162
97
120
-50
102
SWRC151
Sewum Ext. 2
16.0
17.0
1.0
0.53
and
29.0
39.0
10.0
1.10
and
72.0
92.0
20.0
0.67
including
79.0
84.0
5.0
1.23		 520775
626215
130
120
-50
102

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
SWRC152
Sewum Ext. 2
2.0
8.0
6.0
5.84
including
2.0
3.0
1.0
26.82		 520831
626189
189
120
-50
100
SWRC153
Sewum Ext. 2
0.0
3.0
3.0
0.69
and
11.0
14.0
3.0
0.60		 520845
626392
110
120
-50
108
SWRC154
Sewum Ext. 2
no significant results		 520779
626420
117
120
-50
114
SWRC155
Sewum Ext. 2
49.0
50.0
1.0
0.51
and
111.0
120.0
9.0
0.41
and
124.0
126.0
2.0
0.43		 520915
626351
94
120
-50
130
SWRC156
Sewum Ext.
no significant results		 520654
626422
98
120
-55
50
SWRC157
Sewum Ext.
96.0
98.0
2.0
0.65		 520589
626463
89
120
-55
120
SWRC158
Sewum Ext.
28.0
30.0
2.0
1.30		 520623
626437
87
120
-55
100
SWRC159
Sewum Ext.
95.0
102.0
7.0
1.06		 520522
626383
113
120
-55
140
SWRC160
Sewum Ext.
123.0
141.0
18.0
2.14
including
124.0
128.0
4.0
3.01
and incl.
129.0
136.0
7.0
2.87		 520491
626397
117
120
-55
160
SWRC161
Sewum Ext.
no significant results		 520491
626397
117
120
-60
40
SWRC162
Sewum Ext.
0.0
2.0
2.0
0.26
and
29.0
33.0
4.0
0.37		 520393
626096
96
120
-60
50
SWRC163
Sewum Ext.
0.0
24.0
24.0
0.39
including
4.0
10.0
6.0
0.80		 520381
626103
97
120
-60
70
SWRC164
Sewum Ext.
3.0
28.0
25.0
1.98
and
35.0
37.0
2.0
0.64
and
48.0
70.0
22.0
0.58		 520402
626147
92
120
-60
70
SWRC165
Sewum Ext.
24.0
26.0
2.0
0.46
and
73.0
91.0
18.0
1.31
including
83.0
85.0
2.0
8.28		 520374
626160
92
120
-60
100
SWRC166
Sewum Ext.
117.0
120.0
3.0
2.36
and
126.0
132.0
6.0
0.29		 520355
626174
93
120
-55
140

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
SWRC167
Sewum Ext. 2
46.0
47.0
1.0
0.54
and
73.0
74.0
1.0
0.40		 520717
626011
95
120
-50
100
SWRC168
Sewum Ext. 2
4.0
8.0
4.0
0.48
and
35.0
47.0
12.0
0.85
and
72.0
85.0
13.0
0.70
and
91.0
100.0
9.0
0.49		 520655
626046
101
120
-50
100
SWRC169
Sewum Ext.
1.0
9.0
8.0
0.50
and
15.0
29.0
14.0
0.83
including
24.0
27.0
3.0
2.50
and
36.0
37.0
1.0
0.30		 520441
626176
107
120
-55
85
SWRC170
Sewum Ext. 2
96.0
100.0
4.0
0.30
and
122.0
124.0
2.0
0.72		 520633
626060
101
120
-55
130
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
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
NBRC056
Nyam
no significant results		 530086
637145
80
300
-60
153
NBRC057
Nyam
102.0
103.0
1.0
0.31		 530012
637064
77
300
-60
150
NBRC058
Nyam
17.0
19.0
2.0
1.11
and
94.0
95.0
2.0
0.29
and
106.0
108.0
2.0
0.68		 530119
637014
75
300
-60
162
NBRC059B
Nyam
97.0
106.0
10.0
1.60		 530177
637089
73
300
-60
150
NBRC060
Nyam
7.0
8.0
1.0
0.74
and
84.0
85.0
1.0
0.22		 529938
636854
84
300
-60
174
NBRC061
Nyam
no significant results		 529759
636735
106
300
-60
156
NBRC062
Nyam
60.0
61.0
1.0
0.26
and
75.0
76.0
1.0
0.52		 529834
636686
99
300
-60
162
NBRC063
Nyam
no significant results		 529657
636560
114
300
-60
150
NBRC064
Nyam
58.0
59.0
1.0
0.49		 529735
636517
113
300
-60
150
NBRC065
Nyam
no significant results		 529555
636386
117
300
-60
156
NBRC066
Nyam
89.0
104.0
15.0
0.52		 529631
636341
94
300
-60
153
NBRC067
Nyam
49.0
50.0
1.0
0.36
and
87.0
89.0
2.0
0.35
and
111.0
113.0
2.0
0.43
and
129.0
130.0
1.0
1.14
and
147.0
184.0
37.0
0.54
including
159.0
164.0
5.0
1.69		 530332
637356
79
300
-60
184
NBRC068
Nyam
48.0
49.0
1.0
1.03
and
104.0
105.0
1.0
0.34
and
121.0
122.0
1.0
1.66
and
153.0
154.0
1.0
0.35
and
201.0
203.0
2.0
0.93
and
234.0
238.0
4.0
0.62		 530363
637340
85
300
-60
252

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
NBRC069
Nyam
16.0
25.0
9.0
0.60
and
33.0
38.0
5.0
0.58
and
56.0
58.0
2.0
0.41		 530308
637454
89
300
-60
144
NBRC070
Nyam
79.0
80.0
1.0
1.11
and
148.0
149.0
1.0
0.52
and
181.0
183.0
2.0
0.58
and
195.0
199.0
4.0
1.02
and
231.0
234.0
3.0
0.75		 530251
637110
81
300
-50
240
NBRC071
Nyam
60.0
65.0
5.0
0.44
and
92.0
93.0
1.0
1.53
and
101.0
118.0
17.0
0.72		 530354
637456
93
300
-50
135
NBRC072
Nyam
59.0
61.0
2.0
0.58
and
76.0
78.0
2.0
0.46
and
85.0
105.0
20.0
0.58
and
127.0
129.0
2.0
0.62		 530402
637545
95
300
-60
140
NBRC073
Nyam
26.0
27.0
1.0
0.40
and
74.0
131.0
57.0
0.78
including
94.0
103.0
9.0
1.34		 530425
637572
98
300
-60
142
NBRC074
Nyam
125.0
131.0
6.0
0.45
and
141.0
147.0
6.0
0.55
and
163.0
178.0
15.0
0.55
including
157.0
159.0
2.0
0.99
and
192.0
194.0
2.0
1.42		 530457
637552
94
300
-60
197
NBRC075
Nyam
0.0
35.0
35.0
2.04
including
8.0
16.0
8.0
4.89
and incl.
9.0
11.0
2.0
9.60
and
108.0
110.0
2.0
0.27		 530404
637629
99
300
-60
144

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Dip °
Hole
Length (m)
UTM
North
Elevation
Azimuth °
NBRC076
Nyam
1.0
51.0
50.0
0.85
including
1.0
14.0
13.0
1.18
and incl.
31.0
39.0
8.0
2.10		 530442
637701
96
300
-60
120
NBRC077
Nyam
52.0
60.0
8.0
0.51
and
69.0
98.0
29.0
1.13
and
119.0
126.0
7.0
0.49
and
141.0
145.0
4.0
0.39		 530488
637722
83
300
-60
183
NBRC078
Nyam
27.0
30.0
3.0
0.57
and
36.0
115.0
79.0
0.53		 530501
637751
85
300
-55
144
NBRC079
Nyam
92.0
119.0
27.0
0.89
including
104.0
109.0
5.0
2.19
and
132.0
142.0
10.0
0.45		 530538
637730
93
300
-55
160
NBRC080
Nyam
62.0
68.0
6.0
0.51
and
81.0
83.0
2.0
0.41
and
91.0
94.0
3.0
4.63
and
106.0
111.0
5.0
0.96
and
124.0
132.0
8.0
0.70		 530536
637767
87
300
-60
180
NBRC081
Nyam
33.0
43.0
10.0
0.99
and
94.0
101.0
7.0
0.46
and
120.0
130.0
10.0
1.68		 530615
637853
83
300
-50
144
NBRC082
Nyam
0.0
12.0
12.0
0.34
and
75.0
83.0
8.0
0.52
and
93.0
108.0
15.0
1.18
including
93.0
97.0
4.0
2.41		 530599
637880
88
300
-60
162
NBRC083
Nyam
71.0
72.0
1.0
0.32		 530548
637941
84
300
-60
100
NBRC084
Nyam
92.0
102.0
10.0
0.93
and
108.0
120.0
12.0
0.89		 530634
637896
88
300
-50
126

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
NBRC085
Nyam
0.0
18.0
18.0
1.26
including
11.0
13.0
2.0
6.46
and
82.0
85.0
3.0
0.60		 530572
637961
89
300
-60
120
NBRC086
Nyam
10.0
12.0
2.0
0.32
and
17.0
36.0
19.0
1.24
and
101.0
102.0
1.0
0.45
and
115.0
117.0
2.0
0.37
and
121.0
128.0
7.0
0.42		 530597
637974
89
300
-60
130
NBRC087
Nyam
1.0
4.0
3.0
0.51
and
71.0
79.0
8.0
0.52
and
84.0
103.0
19.0
2.14
including
92.0
94.0
2.0
4.14		 530632
637952
95
300
-60
120
NBRC088
Nyam
57.0
85.0
28.0
0.88
and
80.0
82.0
2.0
5.09		 530616
637935
95
300
-60
110
NBRC089
Nyam
0.0
5.0
5.0
1.86
and
37.0
39.0
2.0
0.76
and
44.0
53.0
9.0
0.92
and
60.0
62.0
2.0
0.88		 530631
637994
103
300
-60
152
NBRC090
Nyam
17.0
18.0
1.0
0.41
and
23.0
24.0
1.0
0.36
and
32.0
35.0
3.0
1.53
and
78.0
109.0
31.0
0.77
including
102.0
103.0
1.0
4.92
including
107.0
108.0
1.0
5.19
and
115.0
116.0
1.0
0.30
and
156.0
158.0
2.0
0.34		 530663
638009
110
300
-60
160

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

From (m)
To (m)
Length (m)
Au (g/t)
Hole ID
Zone/Deposit		 UTM
East
Azimuth °
UTM
North
Elevation
Dip °
Hole
Length (m)
NBRC091
Nyam
84.0
86.0
2.0
0.38
and
91.0
103.0
12.0
1.02
and
134.0
139.0
5.0
0.54
and
147.0
150.0
3.0
0.61		 530704
637995
106
300
-60
204
NBRC092
Nyam
9.0
13.0
4.0
0.61
and
38.0
62.0
24.0
1.79
including
51.0
55.0
4.0
4.14		 530670
638079
139
300
-60
129
NBRC093
Nyam
40.0
41.0
1.0
0.33
and
49.0
59.0
10.0
0.24
and
79.0
127.0
48.0
0.43
including
79.0
91.0
12.0
0.89
and incl.
84.0
88.0
4.0
1.79
including
95.0
107.0
12.0
0.54
and incl.
99.0
102.0
3.0
1.32
and
113.0
114.0
1.0
0.35
and
132.0
133.0
1.0
0.51		 530683
638040
130
300
-60
183
NBRC094
Nyam
0.0
2.0
2.0
0.30
and
14.0
28.0
14.0
0.68		 530669
638118
137
300
-63
132
NBRC095
Nyam
61.0
75.0
14.0
0.72
including
70.0
74.0
4.0
1.42
and
105.0
125.0
20.0
0.90
including
111.0
114.0
3.0
2.38
and
134.0
136.0
2.0
1.99		 530726
638099
90
300
-60
138
NBRC096
Nyam
no significant results		 530681
638193
109
300
-60
130
NBRC097
Nyam
10.0
35.0
25.0
0.87
including
20.0
24.0
4.0
2.59		 530805
638296
84
300
-60
82

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

From (m)
To (m)
Length (m)
Au (g/t)
Hole ID
Zone/Deposit		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
NBRC098
Nyam
15.0
19.0
4.0
0.88
and
28.0
30.0
2.0
0.58
and
44.0
46.0
2.0
0.45
and
52.0
54.0
2.0
0.56		 530925
638536
136
300
-60
126
NBRC099
Nyam
13.0
35.0
22.0
0.34
and
46.0
48.0
2.0
0.43
and
80.0
84.0
4.0
0.44
and
110.0
112.0
2.0
0.25
including
121.0
123.0
2.0
0.29		 530901
638474
112
300
-60
130
NBRC100
Nyam
2.0
6.0
4.0
0.83
and
16.0
28.0
12.0
0.77		 530813
638335
78
300
-60
120
NBRC101
Nyam
2.0
3.0
1.0
0.58
and
6.0
11.0
5.0
0.36
and
73.0
75.0
2.0
0.43		 530817
638367
100
300
-60
83
NBRC102
Nyam
32.0
46.0
14.0
0.24
and
52.0
57.0
5.0
0.40
and
75.0
77.0
2.0
0.42		 530848
638350
89
300
-60
120
NBRC103
Nyam
11.0
23.0
12.0
0.89
and
43.0
44.0
1.0
0.34		 530854
638384
85
300
-60
126
NBRC104
Nyam
78.0
98.0
20.0
0.84
and
108.0
119.0
11.0
0.87		 530849
638314
87
300
-60
120
NBRC105
Nyam
0.0
11.0
11.0
0.63
and
22.0
41.0
19.0
0.38
and
90.0
96.0
6.0
0.40		 530737
638212
89
300
-60
132
NBRC106
Nyam
3.0
4.0
1.0
1.88
and
41.0
45.0
4.0
0.50
and
67.0
78.0
11.0
1.08		 530548
637825
77
300
-60
138

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
NBRC107
Nyam
8.0
12.0
4.0
0.52
and
20.0
22.0
2.0
0.54
and
30.0
34.0
4.0
0.63		 530547
637889
78
300
-60
66
NBDD048
Nyam
82.0
84.0
2.0
0.53
and
182.0
183.0
1.0
0.84
and
207.0
208.0
1.0
0.81
and
212.0
213.0
1.0
0.30
and
227.0
229.0
2.0
0.37
and
236.0
249.0
13.0
4.51
including
237.5
245.2
7.7
7.40
and
269.0
271.0
2.0
1.24
and
295.7
299.0
3.3
0.69		 530341
637217
96
300
-60
319.2
NBDD049
Nyam
114.0
115.0
1.0
0.72
and
121.2
122.7
1.5
1.42
and
255.5
258.7
3.5
0.90
and
307.0
310.0
3.0
0.27
and
323.0
342.0
19.0
0.37
including
327.0
335.0
8.0
0.54
and
361.0
364.0
3.0
0.67		 530629
637594
99
300
-62
382.3
NBDD050
Nyam
116.0
117.5
1.5
0.35
and
159.0
160.5
1.5
0.30
and
183.3
186.0
2.7
0.33
and
211.0
213.0
2.0
0.81
and
277.0
281.7
4.7
0.26
and
293.0
300.0
7.0
0.45
and
320.0
321.0
1.0
0.41
and
332.5
333.6
1.5
0.57		 530617
637648
107
300
-63
337.3

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
NBDD051
Nyam
45.8
46.4
0.6
0.33
and
65.0
66.8
1.8
0.82
and
90.0
91.0
1.0
0.49
and
105.0
107.1
2.1
0.23
and
240.0
242.2
2.2
0.34
and
245.0
247.6
2.6
0.42
and
254.0
266.0
12.0
0.65
and
274.0
276.0
2.0
4.57
and
305.0
306.8
1.8
1.81		 530286
637133
75
300
-63
360.7
NBDD052
Nyam
207.0
212.0
5.0
1.47
and
280.0
297.0
17.0
0.31
and
321.0
336.0
15.0
3.21
including
322.0
330.0
8.0
5.57		 530677
637738
105
300
-63
393.7
NBDD053
Nyam
172.0
174.0
2.0
0.82
and
253.0
254.0
1.0
0.74
and
258.0
275.0
17.0
0.50
and
291.2
300.1
8.9
1.54
including
291.2
293.0
1.8
3.78
including
297.0
298.0
1.0
4.20
and
311.4
314.6
3.2
0.58
and
326.6
337.2
10.6
0.37		 530628
637680
109
300
-63
382.4
NBDD054
Nyam
167.0
170.0
3.0
1.77
and
373.4
374.5
1.1
1.38
and
390.0
397.0
30.0
0.34
and
423.9
431.0
7.1
0.98
including
428.4
429.0
0.6
3.52		 530672
637613
118
300
-63
466.7

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Dip °
Hole
Length (m)
UTM
North
Elevation
Azimuth °
NBDD055
Nyam
211.0
213.0
2.0
0.29
248.8
250.0
1.2
1.17
263.0
265.0
2.0
0.74
268.0
270.0
2.0
0.32
276.0
284.0
8.0
1.57
279.0
281.2
2.2
2.64		 530401
637334
92
300
-63
337.4
NBDD056
Nyam
100.0
102.3
2.3
1.49
248.7
273.5
24.8
1.62
248.7
257.7
9.0
3.17
278.0
291.0
13.0
0.67
303.4
305.3
1.9
0.46		 530364
637280
95
300
-63
331.4
NKRC001
Nkwanta
no significant results		 525094
633089
101
300
-55
100
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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
80.0
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
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
KKRC066
Kwakyekrom
no significant results		 529459
636214
80
298
-60
138
KKRC067
Kwakyekrom
35.0
36.0
1.0
0.20		 529362
636053
110
298
-60
152
KKRC068
Kwakyekrom
81.0
83.0
2.0
0.22		 529534
636175
93
298
-60
144
KKRC069
Kwakyekrom
no significant results		 529156
635702
113
298
-60
150
KKRC070
Kwakyekrom
31.0
32.0
1.0
0.46
and
128.0
132.0
4.0
0.37
and
141.0
144.0
3.0
1.54		 529236
635656
109
298
-60
160
KKRC071
Kwakyekrom
32.0
33.0
1.0
0.24
and
64.0
65.0
1.0
0.53		 529055
635525
90
298
-60
162

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
KKRC072
Kwakyekrom
3.0
8.0
5.0
0.21
and
12.0
15.0
3.0
0.23
and
22.0
23.0
1.0
0.27
and
29.0
30.0
1.0
0.36
and
92.0
93.0
1.0
2.70
and
155.0
156.0
1.0
0.31		 529126
635490
96
298
-60
166
KKRC073
Kwakyekrom
no significant results		 529260
635869
96
298
-60
156
KKRC074
Kwakyekrom
91.0
94.0
3.0
0.41		 529331
635828
88
298
-60
162
KKRC075
Kwakyekrom
53.0
60.0
7.0
2.31
and
79.0
82.0
3.0
0.22
and
105.0
108.0
3.0
0.33		 528961
635355
100
298
-60
150
KKRC076
Kwakyekrom
46.0
47.0
1.0
0.21
and
119.0
132.0
13.0
1.14
and
156.0
157.0
1.0
0.75
and
174.0
178.0
4.0
0.50
and
185.0
186.0
1.0
0.45
and
189.0
191.0
2.0
2.29		 529022
635319
97
298
-60
200
KKRC077
Kwakyekrom
23.0
29.0
6.0
0.52
and
153.0
154.0
1.0
0.30		 528913
635267
112
298
-60
162
KKRC078
Kwakyekrom
63.0
78.0
15.0
0.28
including
72.0
74.0
2.0
1.23
and
136.0
138.0
2.0
0.71
and
161.0
184.0
23.0
0.56
including
172.0
174.0
2.0
1.79		 528983
635231
97
298
-60
192

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
KKRC079
Kwakyekrom
104.0
106.0
2.0
0.23
and
147.0
152.0
5.0
0.67
and
155.0
157.0
2.0
0.60
and
160.0
166.0
6.0
0.73
and
182.0
184.0
2.0
0.72
and
198.0
203.0
5.0
1.84
and
208.0
210.0
2.0
2.61		 528950
635137
90
298
-60
210
KKRC080
Kwakyekrom
6.0
7.0
1.0
0.30
and
40.0
43.0
3.0
1.67
and
50.0
51.0
1.0
0.53
and
81.0
110.0
29.0
0.99
and
122.0
123.0
1.0
0.32
and
129.0
132.0
3.0
0.54
and
145.0
147.0
2.0
0.25		 528825
635093
94
298
-60
162
KKRC081
Kwakyekrom
104.0
105.0
1.0
0.24		 528901
635052
98
298
-60
156
KKRC082
Kwakyekrom
39.0
49.0
10.0
0.36
and
57.0
59.0
2.0
0.43
and
62.0
64.0
2.0
0.45
and
116.0
117.0
1.0
0.88		 528840
634942
102
298
-60
150
KKRC083
Kwakyekrom
53.0
62.0
9.0
0.77
and
166.0
169.0
3.0
0.39		 528894
634916
98
298
-60
188
KKRC084
Kwakyekrom
80.0
84.0
4.0
0.71		 529438
635997
87
298
-60
168
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
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
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

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
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
ERDD011
Eradi
118.7
120.0
1.3
0.36
and
148.7
150.0
1.3
0.73
and
166.0
169.0
3.0
0.28		 539579
650489
165
130
-60
179.2
ERDD012
Eradi
25.0
26.0
1.0
0.35		 539818
650767
211
130
-60
79.7
ERDD012A
Eradi
77.0
78.0
1.0
0.95
and
172.7
173.5
0.8
0.31
and
192.0
193.0
1.0
0.39
and
256.0
257.0
1.0
0.36		 539823
650758
212
130
-60
260.2
ERDD013
Eradi
19.6
26.0
6.4
0.35		 539765
650539
161
130
-60
81.1
ERDD014
Eradi
102.5
103.7
1.2
0.48		 539860
650741
216
130
-60
182.2
ERDD015
Eradi
9.7
14.3
4.6
0.87
and
65.8
72.9
7.1
0.61
and
105.6
107.8
2.2
0.93		 539729
650573
163
130
-60
158.2
ERDD016
Eradi
6.8
8.6
1.8
0.48
and
34.0
34.7
0.7
0.57		 539878
650616
197
130
-60
102.2
ERDD017
Eradi
7.2
8.6
1.4
0.49
and
75.7
77.4
1.7
0.95
and
79.7
81.0
1.3
0.27
and
99.7
100.7
1.0
0.38		 539848
650644
203
130
-60
102
ERDD018
Eradi
10.2
10.8
0.6
0.39
and
34.6
35.7
1.1
0.77		 540021
650784
193
130
-60
152.2
ERDD019
Eradi
25.0
29.0
4.0
0.44
and
75.9
77.3
1.4
0.76		 540284
651078
127
130
-60
173.1

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
ERDD020
Eradi
10.0
11.0
1.0
0.31
and
15.2
19.7
4.5
0.43
and
41.2
89.0
47.8
0.89
including
41.2
43.7
2.5
6.44
and incl.
54.2
60.0
5.8
2.14
and
92.8
93.8
1.0
2.45		 540466
651192
178
130
-60
158.2
ERDD021
Eradi
75.2
79.2
4.0
0.56
and
124.0
125.0
1.0
1.61
and
198.3
204.0
3.5
0.41		 540551
651237
186
130
-60
224
ERDD022
Eradi
80.0
82.0
2.0
0.95
and
88.0
89.5
1.5
0.53
and
91.0
92.0
1.0
0.34
and
152.0
154.0
2.0
0.56
and
168.0
169.0
1.0
0.47		 540356
651175
159
130
-60
185.2
ERDD023
Eradi
77.4
84.0
6.6
0.60
and
126.0
127.0
1.0
0.31		 540304
651188
113
130
-60
152
TORC001
Tokosea
3.0
7.0
4.0
0.21
and
26.0
27.0
1.0
0.35
and
67.0
69.0
2.0
0.22
and
76.0
78.0
2.0
0.33
and
80.0
82.0
2.0
0.36
and
87.0
89.0
2.0
0.30		 522718
629843
117
120
-50
96
TORC002
Tokosea
5.0
7.0
2.0
0.20		 522659
629877
127
120
-50
100
TORC003
Tokosea
2.0
4.0
2.0
0.58
and
38.0
49.0
11.0
0.81
including
44.0
46.0
2.0
2.73		 522604
629911
144
120
-50
100
TORC004
Tokosea
no significant results		 522562
629719
123
120
-50
100
TORC005
Tokosea
no significant results		 522499
629747
126
120
-50
100
TORC006
Tokosea
35.0
36.0
1.0
0.21		 522342
629817
126
120
-50
102

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC007
Tokosea
32.0
33.0
1.0
0.40
and
36.0
67.0
31.0
0.36
including
37.0
45.0
8.0
0.67
and
77.0
79.0
2.0
0.40
and
87.0
113.0
26.0
0.34		 522290
629847
120
120
-50
114
TORC008
Tokosea
12.0
13.0
1.0
0.45
and
22.0
23.0
1.0
0.29
and
25.0
26.0
1.0
0.52
and
33.0
51.0
18.0
0.34
including
43.0
46.0
3.0
0.79
and
71.0
72.0
1.0
0.66
and
79.0
80.0
1.0
0.80		 522436
629991
129
120
-50
102
TORC009
Tokosea
1.0
9.0
8.0
0.41
and
50.0
61.0
11.0
0.23
and
71.0
72.0
1.0
1.01
and
111.0
112.0
1.0
0.36
and
117.0
120.0
3.0
0.44		 522369
630029
119
120
-50
126
TORC010
Tokosea
9.0
13.0
4.0
0.20
and
17.0
21.0
4.0
0.34
and
38.0
59.0
21.0
0.30
including
55.0
56.0
1.0
1.44
and
71.0
78.0
7.0
0.35		 522776
629274
117
120
-50
100
TORC011
Tokosea
20.0
29.0
9.0
0.20
and
51.0
57.0
6.0
0.34
and
71.0
74.0
3.0
0.57		 522732
629213
107
120
-50
114

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC012
Tokosea
4.0
31.0
27.0
0.51
including
23.0
28.0
5.0
1.92
and
43.0
44.0
1.0
0.40
and
104.0
107.0
3.0
0.42
and
112.0
115.0
3.0
0.36
and
125.0
131.0
6.0
1.73
including
125.0
127.0
2.0
4.35		 522650
629254
134
120
-50
132
TORC013
Tokosea
31.0
37.0
6.0
0.38
including
33.0
34.0
1.0
1.51
and
70.0
71.0
1.0
0.46
and
88.0
90.0
2.0
0.45
and
103.0
108.0
5.0
0.73		 522866
629373
120
120
-50
130
TORC014
Tokosea
19.0
20.0
1.0
0.30
and
29.0
31.0
2.0
0.38
and
42.0
44.0
2.0
0.53
and
52.0
56.0
4.0
0.30
and
75.0
76.0
1.0
0.46
and
104.0
106.0
2.0
0.31		 522992
629514
147
120
-50
114
TORC015
Tokosea
96.0
97.0
1.0
0.29		 522795
629414
118
120
-50
102
TORC016
Tokosea
26.0
27.0
1.0
1.83
and
43.0
54.0
11.0
0.84
including
53.0
54.0
1.0
6.81
and
61.0
67.0
6.0
0.39		 523092
629680
120
120
-50
100
TORC017
Tokosea
51.0
52.0
1.0
0.33
and
61.0
62.0
1.0
0.38		 522648
628835
122
120
-50
120
TORC018
Tokosea
4.0
5.0
1.0
0.85		 522502
628681
111
120
-50
102
TORC019
Tokosea
26.0
29.0
3.0
0.67
and
84.0
91.0
7.0
0.87		 522423
628718
121
120
-50
102

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
TORC020
Tokosea
74.0
86.0
12.0
0.90
including
76.0
78.0
2.0
4.55
and
127.0
129.0
2.0
0.93		 522566
628880
157
120
-50
138
TORC021
Tokosea
55.0
57.0
2.0
0.51
and
72.0
77.0
5.0
1.30
including
74.0
75.0
1.0
4.17		 522477
628821
137
120
-50
108
TORC022
Tokosea
no significant results		 523036
629482
161
120
-50
108
TORC023
Tokosea
89.0
90.0
1.0
0.47
and
96.0
98.0
2.0
0.36
and
108.0
109.0
1.0
0.32		 523241
630315
134
120
-50
114
TORC024
Tokosea
2.0
9.0
7.0
0.22
and
17.0
26.0
9.0
0.21
and
29.0
39.0
10.0
0.20		 523838
630705
136
120
-50
108
TORC025
Tokosea
3.0
6.0
3.0
1.15
and
69.0
70.0
1.0
0.31
and
74.0
83.0
9.0
3.52
including
77.0
81.0
4.0
7.36
and
90.0
91.0
1.0
0.33		 523959
630632
141
120
-50
108
TORC026
Tokosea
12.0
14.0
2.0
0.41
and
18.0
19.0
1.0
0.50
and
43.0
54.0
11.0
0.52
including
45.0
46.0
1.0
2.88
and
87.0
89.0
2.0
1.36
and
91.0
92.0
1.0
0.29
and
104.0
105.0
1.0
0.26		 523893
630671
133
120
-50
108
TORC027
Tokosea
41.0
44.0
3.0
0.24
and
48.0
53.0
5.0
0.76
and
97.0
98.0
1.0
0.29		 523937
630780
142
120
-50
114
TORC028
Tokosea
7.0
10.0
3.0
0.49		 524067
630710
134
120
-50
120

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
TORC029
Tokosea
14.0
16.0
2.0
0.55
and
55.0
59.0
4.0
0.36		 524018
630724
136
120
-50
102
TORC030
Tokosea
1.0
4.0
3.0
0.30
and
32.0
33.0
1.0
0.52
and
76.0
77.0
1.0
0.34		 523788
630451
112
120
-50
170
TORC031
Tokosea
0.0
4.0
4.0
1.73
and
26.0
30.0
4.0
1.31
and
55.0
57.0
2.0
0.71
and
97.0
115.0
18.0
0.83
including
107.0
112.0
5.0
1.89		 523744
630489
131
120
-50
120
TORC032
Tokosea
105.0
110.0
5.0
3.36
and
131.0
148.0
17.0
1.67
including
131.0
132.0
1.0
18.17		 523676
630518
135
120
-50
156
TORC033
Tokosea
1.0
7.0
6.0
0.82
and
25.0
29.0
4.0
0.65
and
90.0
91.0
1.0
0.46		 523685
630319
114
120
-50
124
TORC034A
Tokosea
5.0
20.0
15.0
0.60
including
17.0
18.0
1.0
3.13
and
35.0
36.0
1.0
1.40		 523640
630345
114
120
-50
160
TORC035
Tokosea
9.0
15.0
6.0
0.30
and
90.0
91.0
1.0
0.48		 524244
631301
142
120
-50
130
TORC036
Tokosea
7.0
8.0
1.0
0.27
and
93.0
97.0
4.0
0.37
and
133.0
138.0
5.0
0.32
and
147.0
150.0
3.0
0.92
and
155.0
157.0
2.0
0.47		 524182
631335
153
120
-50
162
TORC037
Tokosea
5.0
6.0
1.0
0.28
and
43.0
44.0
1.0
0.22		 524518
631332
134
120
-50
137
TORC038
Tokosea
0.0
1.0
1.0
0.21		 524425
631204
151
120
-50
126

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC039
Tokosea
5.0
16.0
11.0
0.23
and
33.0
34.0
1.0
0.27
and
53.0
54.0
1.0
0.28
and
94.0
95.0
1.0
0.28		 524357
631237
163
120
-50
156
TORC040
Tokosea
1.0
2.0
1.0
0.24
and
20.0
21.0
1.0
0.28
and
40.0
41.0
1.0
0.28
and
109.0
111.0
2.0
0.80		 524319
631321
173
120
-50
138
TORC041
Tokosea
35.0
36.0
1.0
0.60
and
57.0
58.0
1.0
0.32
and
67.0
68.0
1.0
1.02		 524457
631372
157
120
-50
136
TORC042
Tokosea
5.0
6.0
1.0
0.31
and
72.0
73.0
1.0
0.23		 524401
631414
167
120
-50
126
TORC043
Tokosea
18.0
20.0
2.0
0.79
and
84.0
85.0
1.0
2.12		 524342
631447
162
120
-50
102
TORC044
Tokosea
14.0
24.0
10.0
0.43
and
49.0
50.0
1.0
0.31
and
66.0
72.0
6.0
0.21		 524288
631486
174
120
-50
108

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC045
Tokosea
0.0
12.0
12.0
0.33
and
19.0
20.0
1.0
0.50
and
30.0
57.0
27.0
1.80
including
31.0
34.0
3.0
4.13
including
38.0
41.0
3.0
3.41
including
47.0
50.0
3.0
3.76
and
78.0
86.0
8.0
0.58
and
90.0
91.0
1.0
0.36
and
96.0
98.0
2.0
0.28
and
102.0
103.0
1.0
0.62
and
108.0
109.0
1.0
0.39
and
114.0
115.0
1.0
0.28
and
120.0
121.0
1.0
0.26
and
134.0
149.0
15.0
0.93
including
140.0
143.0
3.0
3.22		 523739
630276
112
120
-50
150
TORC046
Tokosea
3.0
5.0
2.0
0.53
and
61.0
62.0
1.0
0.27
and
161.0
173.0
12.0
0.62
including
164.0
165.0
1.0
6.27		 523492
630405
123
120
-50
180
TORC047
Tokosea
0.0
10.0
10.0
1.20
including
1.0
3.0
2.0
4.26
and
26.0
30.0
4.0
0.99
and
66.0
68.0
2.0
0.25
and
85.0
86.0
1.0
0.46
and
110.0
112.0
2.0
0.32
and
121.0
123.0
2.0
0.37
and
126.0
127.0
1.0
0.30		 523130
630115
136
120
-50
138

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project 2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC048
Tokosea
0.0
32.0
32.0
0.40
including
8.0
10.0
2.0
0.59
including
27.0
30.0
3.0
2.10
and
38.0
42.0
4.0
0.40
and
63.0
64.0
1.0
0.33
and
73.0
76.0
3.0
0.53
and
87.0
95.0
8.0
0.74		 523153
630362
122
120
-50
100
TORC049
Tokosea
no significant results		 522211
628391
118
120
-50
120
TORC050
Tokosea
no significant results		 522156
628419
130
120
-50
144
TORC051
Tokosea
35.0
36.0
1.0
0.46		 522349
628119
142
120
-50
120
TORC052
Tokosea
39.0
40.0
1.0
0.62
and
47.0
49.0
2.0
0.26		 522310
628139
143
120
-50
114
TORC053
Tokosea
no significant results		 522241
628175
122
120
-50
108
TORC054
Tokosea
no significant results		 522179
628204
112
120
-50
126
TORC055
Tokosea
no significant results		 522195
628547
105
120
-50
102
TORC056
Tokosea
no significant results		 522183
628619
112
120
-50
100
TORC057
Tokosea
42.0
55.0
13.0
1.29
and
106.0
138.0
32.0
0.48
including
108.0
115.0
7.0
1.06		 629167
522608
130
120
-50
150
TORC058
Tokosea
102.0
103.0
1.0
0.23		 629278
522608
136
120
-50
114
TORC059
Tokosea
no significant results		 629325
522691
135
120
-50
156
TORC060
Tokosea
6.0
7.0
1.0
0.37
and
30.0
31.0
1.0
0.38
and
89.0
90.0
1.0
0.23		 630004
522974
137
120
-50
150
TORC061
Tokosea
no significant results		 630092
523016
140
120
-50
150
TORC062
Tokosea
0.0
1.0
1.0
0.25
and
18.0
21.0
3.0
0.27
and
23.0
25.0
2.0
0.33
and
38.0
39.0
1.0
0.35		 630143
523088
137
120
-50
150

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC063
Tokosea
10.0
18.0
8.0
1.34		 630275
523132
122
120
-50
123
TORC064
Tokosea
no significant results		 630395
523112
121
120
-50
174
TORC065
Tokosea
15.0
19.0
4.0
0.29
and
24.0
43.0
19.0
0.31
and
57.0
61.0
4.0
0.81
and
145.0
147.0
2.0
1.32		 630458
523197
114
120
-50
150
TORC066
Tokosea
75.0
77.0
2.0
0.61		 630324
523852
132
120
-50
132
TORC067
Tokosea
28.0
30.0
2.0
1.08		 630374
523781
108
120
-50
156
TORC068
Tokosea
no significant results		 630263
523800
121
120
-50
132
TORC069
Tokosea
2.0
4.0
2.0
0.54
including
1.0
6.0
5.0
0.31
and
36.0
38.0
2.0
0.24
and
51.0
53.0
2.0
0.30
and
60.0
61.0
1.0
0.33
and
66.0
67.0
1.0
0.48
and
85.0
86.0
1.0
0.27
and
97.0
98.0
1.0
1.21
and
108.0
109.0
1.0
1.88
and
179.0
181.0
2.0
0.28		 630285
523722
116
120
-57
207
TORC070
Tokosea
28.0
36.0
8.0
1.73
and
78.0
80.0
2.0
1.62		 630530
523911
138
120
-50
132
TORC071
Tokosea
54.0
56.0
2.0
0.61
and
61.0
64.0
3.0
0.53
and
90.0
96.0
6.0
0.55
and
114.0
116.0
2.0
0.33
and
125.0
126.0
1.0
1.34
and
133.0
134.0
1.0
0.36		 630592
523798
122
120
-50
150

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
TORC072A
Tokosea
53.0
67.0
14.0
0.24
and
78.0
80.0
2.0
0.41
and
87.0
90.0
3.0
0.29
and
96.0
97.0
1.0
0.43
and
101.0
106.0
5.0
0.28
and
114.0
115.0
1.0
0.46
and
133.0
134.0
1.0
0.50
and
140.0
143.0
3.0
0.35		 630428
523681
121
120
-50
162
TORC073
Tokosea
no significant results		 630713
523823
135
120
-55
96
TORC074
Tokosea
32.0
34.0
2.0
0.74
and
57.0
63.0
6.0
0.43
and
81.0
85.0
4.0
0.49		 630648
523929
136
120
-50
150
TORC075
Tokosea
1.0
3.0
2.0
0.31		 630615
523999
150
120
-50
78
TORC076
Tokosea
128.0
129.0
1.0
0.80
and
132.0
133.0
1.0
0.76		 630575
524062
172
300
-50
150
TORC077
Tokosea
71.0
78.0
7.0
2.11		 630236
523812
118
300
-50
102
TORC078
Tokosea
1.0
2.0
1.0
0.84
and
22.0
25.0
3.0
0.60		 630351
523177
130
300
-55
48
TORC079
Tokosea
no significant results		 630360
523153
116
120
-70
54
TORC080
Tokosea
10.0
11.0
1.0
0.25
and
84.0
113.0
29.0
0.35
including
85.0
91.0
6.0
0.53		 630324
523225
136
300
-50
120
TORC081
Tokosea
7.0
8.0
1.0
0.26
and
96.0
99.0
3.0
1.01
and
119.0
120.0
1.0
0.82
and
158.0
168.0
10.0
1.64		 630190
523670
131
120
-50
171
TORC082
Tokosea
66.0
67.0
1.0
0.35		 630107
523757
118
300
-70
144
SWRC114
Sewum South
54.0
57.0
3.0
0.40
and
107.0
110.0
3.0
0.30		 518581
624633
105
114
-55
114

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project 2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
Azimuth °
Dip °
Hole
Length (m)
UTM
North
Elevation
SWRC115
Sewum South
61.0
64.0
3.0
0.97		 518542
624660
112
114
-55
120
SWRC116
Sewum South
no significant results		 518887
624432
81
114
-55
102
SWRC117
Sewum South
20.0
26.0
6.0
0.75		 518414
624361
110
114
-55
102
SWRC118
Sewum South
9.0
14.0
5.0
0.35
and
20.0
22.0
2.0
0.32
and
33.0
50.0
17.0
0.31
including
35.0
38.0
3.0
0.63
and
72.0
74.0
2.0
0.34
and
78.0
80.0
2.0
0.48
and
106.0
107.0
1.0
0.40		 518336
624390
108
114
-55
114
SWRC119
Sewum South
97.0
98.0
1.0
0.82		 519546
625004
87
114
-55
100
SWRC120
Sewum South
no significant results		 519485
625030
88
114
-55
102
SWRC121
Sewum South
54.0
78.0
24.0
0.53
including
54.0
57.0
3.0
1.09
including
69.0
71.0
2.0
1.61		 518704
625382
141
114
-55
108
SWRC122
Sewum South
21.0
23.0
2.0
0.40		 518905
625299
101
114
-55
100
SWRC123
Sewum South
29.0
30.0
1.0
0.22		 519390
625078
87
114
-55
102
SWRC124
Sewum South
41.0
43.0
2.0
0.81		 518975
626583
208
114
-55
102
SWRC125
Sewum South
86.0
92.0
6.0
0.45		 519047
626547
198
114
-55
100
SWRC126
Sewum South
21.0
22.0
1.0
0.31
and
29.0
31.0
2.0
0.81
and
47.0
48.0
1.0
0.36
and
56.0
61.0
5.0
0.26
and
66.0
68.0
2.0
0.64		 519141
626508
137
114
-55
102
SWRC127
Sewum South
20.0
21.0
1.0
0.40		 519245
626465
108
114
-55
114
SWRC128
Sewum South
80.0
81.0
1.0
0.26
and
111.0
112.0
1.0
0.22		 518657
625888
211
114
-55
120

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

Newcore Gold Ltd. | Enchi Gold Project

2020 - 2022 Drill Results

==> picture [176 x 33] intentionally omitted <==

Table accompanies news release dated July 27, 2022

Hole ID
Zone/Deposit
From (m)
To (m)
Length (m)
Au (g/t)		 UTM
East
UTM
North
Elevation
Azimuth °
Dip °
Hole
Length (m)
SWRC129
Sewum South
19.0
35.0
16.0
0.51
including
19.0
21.0
2.0
1.64
including
30.0
33.0
3.0
0.94
and
48.0
50.0
2.0
0.48		 518726
625859
178
114
-55
100
SWRC130
Sewum South
14.0
18.0
4.0
1.50
and
25.0
40.0
15.0
0.95
including
25.0
30.0
5.0
2.31		 518791
625819
145
114
-55
102
SWRC131
Sewum South
42.0
50.0
8.0
1.57		 518836
625800
134
294
-50
100
SWRC132
Sewum South
11.0
12.0
1.0
0.32		 518918
626183
167
114
-55
100
SWRC133
Sewum South
14.0
24.0
10.0
0.76
including
22.0
23.0
1.0
3.94
and
35.0
38.0
3.0
0.30		 518991
626151
120
114
-55
100
SWRC134
Sewum South
26.0
27.0
1.0
0.30		 519146
625649
132
294
-50
102
SWRC135
Sewum South
11.0
12.0
1.0
0.19		 519082
625670
120
294
-50
102
SWRC136
Sewum South
16.0
17.0
1.0
0.47		 519063
625680
123
114
-55
102
SWRC137
Sewum South
46.0
47.0
1.0
0.37		 520106
626951
109
114
-50
102
SWRC138
Sewum South
2.0
3.0
1.0
0.2
and
67.0
68.0
1.0
0.3		 520028
626992
111
114
-50
100
SWRC139
Sewum South
no significant results		 519963
627038
101
114
-50
108
SWRC140
Sewum South
17.0
18.0
1.0
0.18
and
95.0
96.0
1.0
0.42		 519324
626827
130
114
-55
100
SWRC141A
Sewum South
60.0
62.0
2.0
0.39		 518947
625742
193
114
-50
200
SWRC142
Sewum South
30.0
31.0
1.0
0.26		 518986
625727
162
114
-55
100

  1. Intervals reported are hole 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.

TSX-V: NCAU | OTCQX: NCAUF | www.newcoregold.com

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