Mining Stock Daily Latest Drill Results from Newcore's Sewum Deposit Continues to Add Ounces
Apr 9, 2026
Greg Smith, VP of Exploration at Newcore Gold, leads exploration and drilling on the Enchi project in Ghana. He discusses recent Sewum drill results showing wide near-surface and deeper gold zones. He highlights depth of oxide-to-fresh transition, follow-up priorities like Boyne and Cogena Hill, and implications for processing and resource updates.
AI Snips
Chapters
Transcript
Episode notes
Sewum Is The Core Oxide Resource
- Sewum is Newcore's largest deposit and hosts about 70% of the property's oxide resources, making it the primary target for near-term resource growth.
- Recent deeper holes at the Ridge Zone tested below prior oxide-only drilling and found stacked mineralized structures extending into fresh rock around 120–140 m depth.
Deeper Holes Can Push Pit Depth And Add Ounces
- Deeper drilling at the Ridge Zone expanded mineralization below the current pit depth with wide, economically relevant intercepts (e.g., 1.59 g/t over 15.5 m).
- These intercepts occur just into fresh rock, suggesting the pit can be deepened to convert additional ounces into pit-constrained resource.
Oxide To Fresh Transition Is Near Surface At Ridge
- The new mineralization is beginning in oxide zones and quickly transitions into fresh rock within single-digit meters, indicating continuity between oxide and fresh domains.
- That continuity helps metallurgical planning because fresh-rock metallurgical samples already exist from prior deeper diamond drilling.