Mr. Luke Alexander reports

NEWCORE GOLD ANNOUNCES RESULTS FROM ANNUAL GENERAL MEETING

Newcore Gold Ltd. has released the voting results from its annual general meeting of shareholders, held on July 19, 2023. Shareholders voted in favour of all resolutions set out in the company's notice of meeting and information circular, dated June 15, 2023.

Shareholders voted in favour of setting the number of directors at nine, and the following incumbent directors were re-elected as directors for the ensuing year: Douglas B. Forster, Blayne Johnson, Luke Alexander, Omaya Elguindi, Edward Farrauto, Douglas Hurst, Ryan King, George Salamis and Michael Vint. The shareholders also approved the reappointment of PricewaterhouseCoopers LLP, chartered accountants, as auditor of the company for the ensuing year at a remuneration to be fixed by the directors. A total of 61,206,747 common shares were voted, representing 44 per cent of the company's total shares issued and outstanding as at the record date of the meeting.

About Newcore Gold Ltd.

Newcore is advancing its Enchi gold project located in Ghana, Africa's largest gold producer (1). Newcore offers investors a unique combination of top-tier leadership, which is aligned with shareholders through its 21-per-cent equity ownership and prime district-scale exploration opportunities. Enchi's 216-square-kilometre land package covers 40 kilometres of Ghana's prolific Bibiani shear zone, a gold belt which hosts several five-million-ounce gold deposits, including the Chirano mine, 50 kilometres to the north. Newcore's vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders.

(1) Source: production volumes for 2022 as sourced from the World Gold Council.