Newcore Gold Appoints Sulemanu Koney to Board

VANCOUVER, British Columbia, Sept. 08, 2026 /CourierPR/ -- Newcore Gold Ltd., a company advancing its Enchi Gold Project in Ghana, has appointed Mr. Sulemanu Koney to its Board of Directors. Effective immediately, Mr. Koney, a 35-year veteran of the Ghanaian mining industry, brings extensive leadership experience and a track record of fostering socio-economic development through mining.

Mr. Koney’s career highlights include his 25-year tenure as the Chief Executive Officer of the Ghana Chamber of Mines (GCM), where he led transformative initiatives that enhanced the competitiveness and sustainability of the sector. His decade-long role as the Chair of the UN Global Compact Network Ghana further solidifies his commitment to corporate governance and business ethics. Additionally, Mr. Koney’s leadership in establishing the ECOWAS Federation of Chambers of Mines (EFEDCOM) underscores his dedication to regional collaboration and the broader mining community.

Doug Forster, Chairman of Newcore Gold Ltd., expressed enthusiasm about Mr. Koney’s appointment, stating, "We are excited to welcome Mr. Koney to our Board of Directors. His extensive experience, including leading the Ghana Chamber of Mines, is a valuable addition to our team and he is well positioned to support Enchi through the development and permitting path forward with his strong relationships and knowledge of the Ghana regulatory and mining sector."

Mr. Koney’s appointment comes with a set of incentives. Newcore has granted him 225,000 stock options at a price of $0.305 per share, which vest over a three-year period with one-third vesting after each 12-month period. Additionally, 150,000 performance share units will vest after a one-year period based on attendance at quarterly Board of Director meetings, under the Company’s long-term incentive plan. These grants are subject to approval by the TSX Venture Exchange.

Newcore Gold Ltd. is focused on developing its Enchi Gold Project, located in Ghana, one of Africa’s largest gold producers. The project covers 248 km² and is situated along the Bibiani Shear Zone, known for hosting several multi-million-ounce gold deposits. Newcore’s vision is to build a responsive, creative, and powerful gold enterprise that maximizes returns for shareholders.