# Newcore Gold Drilling Intersects 2.59 g/t Gold over 69 Metres, Including 6.41 g/t Gold over 24 Metres, at the Enchi Gold Project, Ghana Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d Original source: https://www.globenewswire.com/news-release/2026/09/17/3363793/35625/en/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t-gold-over-24-metres-at-the-enchi-gold-project-ghana.html Publisher: globenewswire Original announcement: 2026-09-17T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Newcore Gold Ltd. - Ticker: NCAU - Exchange: Unavailable - Region: Ghana - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-18 19:36:08 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Newcore Gold reported significant RC drill results at the Boin Gold Deposit within the Enchi Gold Project in Ghana. Notable intercepts include 2.59 g/t Au over 69m \(including 6.41 g/t Au over 24m\) in hole KBRC411, which is among the widest and highest grade-thickness zones encountered to date at the deposit. Reasoning: The announcement reports high-grade gold intercepts \(up to 6.41 g/t over 24m\) that are wider and higher grade than previous intercepts at the Boin deposit, supporting resource expansion and mine plan optimization. - Positive factor: High-grade gold intercepts - Positive factor: Significant width of mineralization - Positive factor: Continuity demonstrated - Positive factor: Potential for resource and reserve growth Facts used in scoring: 12 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 6.41 g/t Au over 24m is a very strong intercept for this deposit type. Evidence · text > 6.41 g/t Au over 24.0 m **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions systematic insertion of blanks, standards, and duplicates, and use of Intertek Labs. Evidence · text > systematic insertion of blanks, standards and duplicates into the sample strings **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling is targeting mineralization to delineate potential for reserve and resource growth. Evidence · text > potential for reserve and resource growth **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The source explicitly discloses a revised resource estimate Evidence · text > updated Mineral Resource Estimate ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### KBRC411 [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-drill-facts-0) Enchi · gold #### Identity - Hole ID: KBRC411 - Project: Enchi - Commodity: gold - Region: ghana - Reported Region: ghana - Ticker: NCAU #### Geometry - Grade: 2.59 - Grade Unit: g/t - Intercept: 69 m - From: 58 m - To: 127 m - Intercept Depth: 58 m #### Classification - Program: resource - Sample Type: drill - Group ID: KBRC411:58-127 - Mining Method: open\_pit #### Location - Location: Boin - Loc. Source: document #### QA/QC - Laboratory: Intertek Labs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: One of the widest and highest grade-thickness zones encountered to date at Boin. - Positive factor: Wide high-grade intercept Evidence · table > 2.59 Context: 69.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts sever" ### KBRC411 [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-drill-facts-1) Enchi · gold #### Identity - Hole ID: KBRC411 - Project: Enchi - Commodity: gold - Region: ghana - Reported Region: ghana - Ticker: NCAU #### Geometry - Grade: 6.41 - Grade Unit: g/t - Intercept: 24 m - From: 59 m - To: 83 m - Intercept Depth: 59 m #### Classification - Program: resource - Sample Type: drill - Group ID: KBRC411:59-83 - Mining Method: open\_pit #### Location - Location: Boin - Loc. Source: document #### QA/QC - Laboratory: Intertek Labs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: High grade component of the KBRC411 intercept. - Positive factor: High grade Evidence · table > 6.41 Context: 24.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts sever" ### KBRC414 [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-drill-facts-2) Enchi · gold #### Identity - Hole ID: KBRC414 - Project: Enchi - Commodity: gold - Region: ghana - Reported Region: ghana - Ticker: NCAU #### Geometry - Grade: 0.83 - Grade Unit: g/t - Intercept: 32 m - From: 70 m - To: 102 m - Intercept Depth: 70 m #### Classification - Program: resource - Sample Type: drill - Group ID: KBRC414:70-102 - Mining Method: open\_pit #### Location - Location: Boin - Loc. Source: document #### QA/QC - Laboratory: Intertek Labs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Moderate grade intercept. Evidence · table > 0.83 Context: 32.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts sever" ### KBRC414 [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-drill-facts-3) Enchi · gold #### Identity - Hole ID: KBRC414 - Project: Enchi - Commodity: gold - Region: ghana - Reported Region: ghana - Ticker: NCAU #### Geometry - Grade: 3.37 - Grade Unit: g/t - Intercept: 6 m - From: 84 m - To: 90 m - Intercept Depth: 84 m #### Classification - Program: resource - Sample Type: drill - Group ID: KBRC414:84-90 - Mining Method: open\_pit #### Location - Location: Boin - Loc. Source: document #### QA/QC - Laboratory: Intertek Labs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Higher grade component of the KBRC414 intercept. - Positive factor: Higher grade interval Evidence · table > 3.37 Context: 6.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts sever" ### KBRC404 [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-drill-facts-4) Enchi · gold #### Identity - Hole ID: KBRC404 - Project: Enchi - Commodity: gold - Region: ghana - Reported Region: ghana - Ticker: NCAU #### Geometry - Grade: 0.68 - Grade Unit: g/t - Intercept: 22 m - From: 70 m - To: 92 m - Intercept Depth: 70 m #### Classification - Program: resource - Sample Type: drill - Group ID: KBRC404:70-92 - Mining Method: open\_pit #### Location - Location: Boin - Loc. Source: document #### QA/QC - Laboratory: Intertek Labs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Moderate grade intercept. Evidence · table > 0.68 Context: 22.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts sever" ### KBRC404 [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-drill-facts-5) Enchi · gold #### Identity - Hole ID: KBRC404 - Project: Enchi - Commodity: gold - Region: ghana - Reported Region: ghana - Ticker: NCAU #### Geometry - Grade: 1.64 - Grade Unit: g/t - Intercept: 7 m - From: 72 m - To: 79 m - Intercept Depth: 72 m #### Classification - Program: resource - Sample Type: drill - Group ID: KBRC404:72-79 - Mining Method: open\_pit #### Location - Location: Boin - Loc. Source: document #### QA/QC - Laboratory: Intertek Labs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Higher grade component of the KBRC404 intercept. - Positive factor: Higher grade component Evidence · table > 1.64 Context: 7.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Enchi’s 248 km 2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts sever" ## Resource Estimates (6) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-resource-facts-6) Enchi Gold Project · gold #### Identity - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Resource scope - Estimate type: resource - Effective date: 2026-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Grant Carlson, Ryan Wilson, Matthew Halliday, Schadrac Ibrango - Resource group id: resource:41cc4f78efea74b901dd - Deposit or zone: Enchi Gold Project - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 83600000 - Grade: 0.56 - Grade Unit: g/t - Contained Metal: 1502000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2026-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Indicated resource component of the total project resource. Evidence · text > Indicated Mineral Resource of 83.6 million tonnes grading 0.56 g/t Au containing 1,502,000 ounces gold #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-resource-facts-7) Enchi Gold Project · gold #### Identity - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Resource scope - Estimate type: resource - Effective date: 2026-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Grant Carlson, Ryan Wilson, Matthew Halliday, Schadrac Ibrango - Resource group id: resource:ec9e39050ed3151871a6 - Deposit or zone: Enchi Gold Project - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 40100000 - Grade: 0.49 - Grade Unit: g/t - Contained Metal: 626000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2026-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Inferred resource component of the total project resource. Evidence · text > Inferred Mineral Resource of 40.1 million tonnes grading 0.49 g/t Au containing 626,000 ounces gold #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-resource-facts-8) Enchi Gold Project · gold #### Identity - Project: Enchi Gold Project - Commodity: gold - Region: ghana - Reported Region: Ghana - Ticker: NCAU #### Resource scope - Estimate type: reserve - Effective date: 2026-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Grant Carlson, Ryan Wilson, Matthew Halliday, Schadrac Ibrango - Resource group id: resource:276c9059dd396a96b12a - Deposit or zone: Enchi Gold Project - Mining method: open\_pit #### Resource Data - Category: probable - Tonnes: 51300000 - Grade: 0.64 - Grade Unit: g/t - Contained Metal: 1055000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2026-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Probable reserve component of the total project reserve. Evidence · text > Probable Mineral Reserve of 51.3 million tonnes grading 0.64 g/t Au containing 1,055,000 ounces gold #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-resource-facts-9) Enchi · gold #### Identity - Project: Enchi - Commodity: gold - Ticker: NCAU #### Resource scope - Estimate type: reserve - Effective date: 2026-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:ff6e56f076e6355f8e6b - Deposit or zone: Boin - Mining method: open\_pit #### Resource Data - Category: probable - Tonnes: 15900000 - Grade: 0.84 - Grade Unit: g/t - Contained Metal: 429000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Explicit disclosure recovered from source prose. Evidence · text > Boin has a Probable Mineral Reserve of 15.9 million tonnes grading 0.84 g/t Au containing 429,000 ounces #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-resource-facts-10) Enchi · gold #### Identity - Project: Enchi - Commodity: gold - Ticker: NCAU #### Resource scope - Estimate type: resource - Effective date: 2026-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:ea9367388fa0c2a71d63 - Deposit or zone: Boin - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 23500000 - Grade: 0.73 - Grade Unit: g/t - Contained Metal: 550000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Explicit disclosure recovered from source prose. Evidence · text > Boin has a Probable Mineral Reserve of 15.9 million tonnes grading 0.84 g/t Au containing 429,000 ounces; an Indicated Mineral Resource of 23.5 million tonnes grading 0.73 g/t Au containing 550,000 ounces #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/newcore-gold-drilling-intersects-2-59-g-t-gold-over-69-metres-including-6-41-g-t--b37c9a68-ef72-4065-b88c-ad56aa13bd1d#fact-resource-facts-11) Enchi · gold #### Identity - Project: Enchi - Commodity: gold - Ticker: NCAU #### Resource scope - Estimate type: resource - Effective date: 2026-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:fe1a8cb72844cd6f1c52 - Deposit or zone: Boin - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 9200000 - Grade: 0.6 - Grade Unit: g/t - Contained Metal: 178000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Explicit disclosure recovered from source prose. Evidence · text > Boin has a Probable Mineral Reserve of 15.9 million tonnes grading 0.84 g/t Au containing 429,000 ounces; an Indicated Mineral Resource of 23.5 million tonnes grading 0.73 g/t Au containing 550,000 ounces; and an Inferred Mineral Resource of 9.2 million tonnes grading 0.60 g/t Au containing 178,000 ounces #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.