Newcore Gold Drilling Intersects 1.08 g/t Gold over 22.0 Metres and 1.29 g/t Gold over 15.0 Metres, on the Enchi Gold Undertaking, Ghana

Newcore Gold Ltd. (“Newcore” or the “Firm”) (TSX-V: NCAU, OTCQX: NCAUF) is happy to announce further drill outcomes from the 45,000-metre drill program underway on the Firm’s 100% owned Enchi Gold Undertaking (“Enchi” or the “Undertaking”) in Ghana. Shallow Reverse Circulation (“RC”) drilling on the Kwakyekrom Gold Deposit (“Kwakyekrom”) intersected a number of zones of near-surface gold mineralization, together with gap KKRC099 which intersected 1.08 grams per tonne gold (“gt Au”) over 22.0 metres (“m”) from 112 m, with a higher-grade interval of two.78 gt Au over 7.0 m from 126 m. Gap KKRC085A additionally encountered shallow gold mineralization, intersecting 1.29 gt Au over 15.0 m from 88 m. Each KKRC099 and KKRC085A focused areas for potential useful resource progress and encountered mineralization outdoors of the present limits of the pit constrained Mineral Useful resource Estimate at Kwakyekrom. Drilling continues to show out the continuity of gold mineralization and potential for useful resource progress at Enchi.

Highlights from Drilling on the Kwakyekrom Gold Deposit at Enchi

• Drilling at Kwakyekrom included holes that focused and intersected gold mineralization outdoors of the present limits of the pit constrained Mineral Useful resource Estimate, highlighting the potential for future useful resource progress at Enchi.
  • KKRC099 intersected 1.08 g/t Au over 22.0 m from 112 m, with a higher-grade interval of two.78 g/t Au over 7.0 m from 126 m.
  • KKRC085A intersected 1.29 g/t Au over 15.0 m from 88 m.
• Drilling continues to outline a sequence of sub-parallel gold mineralized buildings.
  • Gold mineralization was intersected on the northern and southern extents at Kwakyekrom, extending the mineralization each north and south of the present pit constrained Mineral Useful resource Estimate.

• All holes intersected gold mineralization, with drilling focusing on shallow gold mineralization throughout the oxide, transition and higher recent mineral horizons.

The 45,000-metre drill program underway at Enchi is targeted on useful resource progress and infill drilling designed to transform Inferred Assets to Indicated. The drill program is now in its second part targeted on discovery and useful resource progress, together with drilling focusing on earlier-stage exploration targets together with drilling targeted on defining the useful resource progress potential at depth and alongside strike. The finished first part of drilling targeted on the drilling required for useful resource conversion upfront of commissioning a Pre-Feasibility Research later this yr.

Luke Alexander, President and CEO of Newcore acknowledged, “The drilling we lately accomplished at Kwakyekrom continues to spotlight the useful resource progress potential at Enchi, with these outcomes highlighting the chance to develop the present deposit at Kwakyekrom each throughout the near-surface mineralization in addition to at depth. This drilling has additional outlined the continuity of the gold mineralization alongside the perimeters of the present pits that constrain the present Mineral Useful resource Estimate at Kwakyekrom, whereas additionally extending the recognized mineralization to each the north and south. We stay up for persevering with to spotlight the expansion potential that exists at our Enchi Gold Undertaking in Ghana via the drill bit, in tandem with advancing the Undertaking to a Pre-Feasibility Research in H1 2026.”

This launch stories outcomes for twenty-four RC holes totalling 3,843 m (KKRC085A to KKRC108) focusing on the Kwakyekrom Gold Deposit, with all holes intersecting gold mineralization. A complete of 28,940 m in 231 holes have been reported as a part of the continued 2024 – 2025 drill program at Enchi, with 98.7% of holes intersecting gold mineralization.

Choose assay outcomes from the 24 holes of the drill program reported on this launch are under:

Desk 1 – Enchi Gold Undertaking Drill Highlights

<sup>Notes:
1. See detailed desk for full outcomes;
2. Intervals reported are gap lengths with true width estimated to be 75 – 85%; and
3. Size-weighted averages from uncut assays.</sup>

A plan map displaying the drill gap places may be seen at:
https://newcoregold.com/web site/belongings/information/5936/2025_11_04-ncau-nr-enchi-plan-map-kwakyekrom.pdf

Cross sections displaying drill outcomes and highlights for holes KKRC085A, KKRC086, KKRC093, KKRC098, KKRC099, and KKRC100 may be seen at:
https://newcoregold.com/web site/belongings/information/5936/2025_11_04-ncau-crosssections-kwakyekrom.pdf

An entire checklist of the drill outcomes on this launch, together with gap particulars, may be seen at:
https://newcoregold.com/web site/belongings/information/5936/2025_11_04-ncau-enchi-2024-2025-drill-results.pdf

Drilling on the Kwakyekrom Gold Deposit
KKRC085A to KKRC108 (24 RC holes totalling 3,843 m) had been accomplished on the Kwakyekrom Gold Deposit, focusing on the northern and southern extensions of the mineralized construction. Drilling focused shallow mineralization with a deal with increasing the deposit and rising the recognized useful resource. RC drilling at Kwakyekrom consisted of 50-metre spaced sections with drill holes spaced each 25-metres alongside the sections. Drilling focused shallow mineralization, with drill holes reaching a most vertical depth of 120 metres. The holes reported on this information launch are distributed throughout 12 separate sections which are unfold alongside a 2-kilometre strike size, and span (1) the northern extension; (2) the northern fringe of the useful resource pit; (3) the southern fringe of the useful resource pit; and (4) the southern extension.

11 RC holes totalling 1,968 m (KKRC085A to KKRC091, KKRC096, KKRC098, KKRC099, KKRC108) had been drilled on the northern extension of the Kwakyekrom Gold Deposit. Drilling intersected a sequence of sub-parallel buildings internet hosting the gold mineralization on this space. KKRC099 intersected 1.08 g/t Au over 22.0 m from 112 m, with a higher-grade interval of two.78 g/t Au over 7.0 m from 126 m. KKRC085A, positioned 150 metres north of KKRC099 and the northernmost gap drilled to this point at Kwakyekrom as half of the present drill program, intersected 1.29 g/t Au over 15.0 m from 88 m. KKRC088 which examined under the shallow pit that presently constrains the Mineral Useful resource Estimate at Kwakyekrom prolonged the gold mineralization to depth intersecting 0.96 g/t Au over 10.0 m from 93 m. KKRC089, drilled 50 metres south of KKRC088, likewise prolonged the mineralization to depth intersecting 0.47 g/t Au over 18.0 m from 87 m.

6 RC holes totalling 825 m (KKRC092 to KKRC095, KKRC097B, KKRC100) had been drilled on the northern fringe of the pit that constrains the present Mineral Useful resource Estimate at Kwakyekrom. This drilling intersected a sequence of close-spaced gold mineralized buildings. KKRC100 intersected 1.39 g/t Au over 11.0 m from 8 m and 0.97 g/t Au over 5.0 m from 109 m. Further outcomes on this space included KKRC093 with 0.57 g/t Au over 12.0 m from 113 m and a pair of.05 g/t Au over 2.0 m from 56 m, in addition to KKRC092 with 0.84 g/t Au over 6.0 m from 91 m and 0.90 g/t Au over 4.0 m from 58 m.

3 RC holes totalling 438 m (KKRC101 to KKRC103) had been drilled on the southern fringe of the pit that constrains the present Mineral Useful resource Estimate at Kwakyekrom. KKRC102 intersected each near-surface and deeper gold mineralized buildings with 0.42 g/t Au over 10.0 m from 25 m and 0.29 g/t Au over 20.0 m from 60 m.

4 RC holes totalling 612 m (KKRC104 to KKRC107) had been drilled to check the southern extension of the Kwakyekrom Gold Deposit. KKRC104 intersected a number of gold mineralized buildings together with 0.35 g/t Au over 18.0 m from 67 m and 0.34 g/t Au over 22.0 m from 91 m.

The lately accomplished drilling at Kwakyekrom continues to substantiate continuity alongside strike and down dip for the principal buildings which comprise the Kwakyekrom Gold Deposit. The width and gold grades inside these drill outcomes are in line with prior wider-spaced drilling accomplished at Kwakyekrom. This drilling additionally continues to substantiate the potential for useful resource progress at Enchi from drilling on recognized deposits in addition to at earlier-stage targets which have been recognized throughout the district scale property.

2024 – 2025 Enchi Work Program
A forty five,000-metre drill program is underway at Enchi, focusing on near-surface oxide and shallow recent mineralization. The first objective of the primary part of the drill program was infill drilling for useful resource conversion to enhance the arrogance degree of the prevailing Mineral Useful resource Estimate, with many of the first part of the drill program allotted to the 2 largest deposits at Enchi, Boin and Sewum. Enhancing the arrogance degree of the Mineral Useful resource Estimate at Enchi is a key element of the event work required to be accomplished upfront of commissioning a Pre-Feasibility Research for the Undertaking. With the primary part of drilling full, the second part of the 2024 – 2025 drill program will deal with outlining useful resource progress alongside strike at present deposits and diamond drilling focusing on the higher-grade potential at depth. All deposit areas and pre-resource targets at Enchi stay open alongside strike and at depth, offering for future useful resource progress throughout the district-scale property.

Along with drilling, improvement work in assist of a Pre-Feasibility Research is on-going at Enchi, together with metallurgical testwork, hydrogeological testing, geotechnical work, and environmental work.

Kwakyekrom Gold Deposit
Kwakyekrom is without doubt one of the 4 deposits which comprise the Mineral Useful resource Estimate at Enchi (Kwakyekrom has an Inferred Mineral Useful resource of 4.2 million tonnes grading 0.72 g/t Au containing 97,700 ounces). Kwakyekrom is positioned 15 kilometres southeast of the city of Enchi, with close by roads and energy and additional entry offered by a sequence of drill roads. Kwakyekrom is positioned to the south of Nyam, with the Kwakyekrom construction interpreted to be an extension of the Nyam construction. So far, roughly 40% of the gold-in-soil anomaly at Kwakyekrom is untested by drilling, with the typical vertical depth of all holes drilled to this point at Kwakyekrom solely all the way down to 80 metres.

Drill Gap Areas

Desk 2 – Enchi Gold Undertaking Drill Gap Location Particulars

Enchi Gold Undertaking Mineral Useful resource Estimate
The Enchi Gold Undertaking hosts an Indicated Mineral Useful resource of 41.7 million tonnes grading 0.55 g/t Au containing 743,500 ounces gold and an Inferred Mineral Useful resource of 46.6 million tonnes grading 0.65 g/t Au containing 972,000 ounces. Mineral useful resource estimation practices are in accordance with CIM Estimation of Mineral Useful resource and Mineral Reserve Finest Apply Pointers (November 29, 2019) and comply with CIM Definition Requirements for Mineral Assets and Mineral Reserves (Could 10, 2014), which are included by reference into Nationwide Instrument 43-101 (“NI 43-101”). The Mineral Useful resource Estimate is from the technical report titled “NI 43-101 Technical Report, Preliminary Financial Evaluation on the Enchi Gold Undertaking” dated June 7, 2024, with an efficient date of April 24, 2024, ready for Newcore by Preetham Nayak, P.Eng., Ryda Peung, P.Eng., and Zunedbhai Shaikh, P.Eng., of Lycopodium Minerals Canada Ltd.; Kerrine Azougarh, P.Eng., of Micon Worldwide Restricted; and Simon Meadows Smith, P.Eng. / P.Geo., of SEMS Exploration in accordance with NI 43-101, and is accessible beneath the Firm’s profile on SEDAR+ at www.sedarplus.ca . Simon Meadows Smith is an unbiased certified particular person (“QP”) as outlined by NI 43-101.

Newcore Gold Finest Apply
Newcore is dedicated to finest follow requirements for all exploration, sampling and drilling actions. Drilling was accomplished by an unbiased drilling agency utilizing business normal RC and Diamond Drill tools. Analytical high quality assurance and high quality management procedures embrace the systematic insertion of blanks, requirements and duplicates into the pattern strings. Samples are positioned in sealed baggage and shipped on to Intertek Labs positioned in Tarkwa, Ghana for 50 gram gold fireplace assay.

Certified Individual
Mr. Gregory Smith, P. Geo, Vice President of Exploration at Newcore, is a Certified Individual as outlined by NI 43-101, and has reviewed and permitted the technical information and data contained on this information launch. Mr. Smith has verified the technical and scientific information disclosed herein and has performed acceptable verification on the underlying information together with affirmation of the drillhole information information towards the unique drillhole logs and assay certificates.

About Newcore Gold Ltd.
Newcore Gold is advancing its Enchi Gold Undertaking positioned in Ghana, Africa’s largest gold producer ⁽¹⁾ . Newcore Gold presents traders a singular mixture of top-tier management, who’re aligned with shareholders via their 15% fairness possession, and prime district scale exploration alternatives. Enchi’s 248 km ² land package deal covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts a number of multi-million-ounce gold deposits, together with the Chirano mine 50 kilometres to the north. Newcore’s imaginative and prescient is to construct a responsive, inventive and highly effective gold enterprise that maximizes returns for shareholders.
^{(1) Supply: Manufacturing volumes for 2024 as sourced from the World Gold Council.}

On Behalf of the Board of Administrators of Newcore Gold Ltd.
Luke Alexander
President, CEO & Director

For additional info, please contact:
Mal Karwowska | Vice President, Company Improvement and Investor Relations
+1 604 484 4399
information@newcoregold.com
www.newcoregold.com

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

Cautionary Word Concerning Ahead-Trying Statements

This information launch consists of statements that include “forward-looking info” throughout the which means of the relevant Canadian securities laws (“forward-looking statements”). All statements, apart from statements of historic truth, are forward-looking statements and are primarily based on expectations, estimates and projections as on the date of this information launch. Any assertion that entails dialogue with respect to predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (usually, however not at all times utilizing phrases similar to “plans”, “expects”, “is predicted”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (together with detrimental variations) of such phrases and phrases, or state that sure actions, occasions or outcomes “could”, “might”, “would”, “may” or “will” be taken, happen or be achieved) will not be statements of historic truth and could also be forward-looking statements. On this information launch, forward-looking statements relate, amongst different issues, to: statements concerning the estimation of mineral assets; outcomes of preliminary financial assessments; completion of a pre-feasibility research; outcomes of metallurgical testwork; outcomes of our ongoing drill marketing campaign; outcomes of drilling, magnitude or high quality of mineral deposits; anticipated development of mineral properties or packages; and future exploration prospects.

These forward-looking statements, and any assumptions upon which they’re primarily based, are made in good religion and replicate our present judgment concerning the course of our enterprise. The assumptions underlying the forward-looking statements are primarily based on info presently out there to Newcore. Though the forward-looking statements contained on this information launch are primarily based upon what administration of Newcore believes, or believed on the time, to be cheap assumptions, Newcore can’t guarantee its shareholders that precise outcomes can be in line with such forward-looking statements, as there could also be different elements that trigger outcomes to not be as anticipated, estimated or meant. Ahead-looking info additionally entails recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Firm to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info. Such elements embrace, amongst others: dangers associated to the speculative nature of Newcore’s enterprise; Newcore’s formative stage of improvement; Newcore’s monetary place; attainable variations in mineralization, grade or restoration charges; precise outcomes of present exploration actions; fluctuations normally macroeconomic circumstances; fluctuations in securities markets; fluctuations in spot and ahead costs of gold and different commodities; fluctuations in forex markets (such because the Canadian greenback to United States greenback change charge); change in nationwide and native authorities, laws, taxation, controls, laws and political or financial developments; dangers and hazards related to the enterprise of mineral exploration, improvement and mining (together with environmental hazards, uncommon or surprising geological formations); the presence of legal guidelines and laws which will impose restrictions on mining; worker relations; relationships with and claims by native communities; the speculative nature of mineral exploration and improvement (together with the dangers of acquiring needed licenses, permits and approvals from authorities authorities); and title to properties.

Ahead-looking statements contained herein are made as of the date of this information launch and Newcore disclaims any obligation to replace any forward-looking statements, whether or not because of new info, future occasions or outcomes, besides as could also be required by relevant securities legal guidelines. There may be no assurance that forward-looking info will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking info.