Mr. Luke Alexander reports

NEWCORE GOLD ANNOUNCES DIRECTOR RESIGNATION

Edward Farrauto has tendered his resignation as a director of Newcore Gold Ltd., effective immediately, to focus on his other professional commitments. Mr. Farrauto has been a director of the company since Jan. 18, 2010.

Doug Forster, chairman of Newcore, stated: "We would like to thank Ed for his valuable contributions as a director to the company throughout his tenure. On behalf of the board of directors and management, I wish him all the best with his future endeavours and look forward to his continued support as a shareholder."

About Newcore Gold Ltd.

Newcore Gold is advancing its Enchi gold project located in Ghana, Africa's largest gold producer. Newcore Gold offers investors a unique combination of top-tier leadership, who are aligned with shareholders through their 20-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.