Newcore Shareholders Exercise Warrants, Fund New Drill Program at Enchi
Newcore Gold has started a new 10,000 meter drill program at their Enchi Gold Project in Ghana. The program aims to expand the known resource and convert inferred resources to indicated resources. The company plans to focus on infill drilling at their two largest resource areas, as well as explore other resource areas. The drilling will primarily be shallow, with holes ranging from 50 to 150 meters in depth. The company has secured funding for the drill program through the exercise of warrants.