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Kincora Copper exploration update as fieldwork resumes

Mining News - Published on Fri, 17 Feb 2017

Image Source: Junior Mining Network
Kincora Copper provide details on its exploration strategy following further analysis of two priority drill targets and earlier stage district scale pipeline. The drill targets are Devonian age and analogous to the two development projects in the belt. Bayan Tal being an “Oyu Tolgoi” style target and East Tsagaan Suvarga is a ‘brownfield’ “Tsagaan Suvarga” style target. Kincora holds the dominant portfolio in the emerging gold rich world-class porphyry copper belt.

Mr Sam Spring President and CEO commented that “Kincora’s exploration strategy is to advance the portfolio along the development curve. In the next 6 months this is expected to include drilling two targets that provide analogies to the existing two large-scale copper mines in belt with encouragement of our geological models likely being a major value add milestone. The team is continuously looking to improve the quality of our landholding through the addition of new strategically important licenses and ground that does not fit our target exploration profile will be relinquished. We are in the favorable position of currently exploring to confirm additional scale potential at our East TS target, after which we will provide further details on our plans for the 2017 field season.”

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Posted By : Rabi Wangkhem on Fri, 17 Feb 2017
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