Luke Leslie retires from non-executive chairman and director positions Duchintav Khojgor, a non-executive director since Kincora's formation and a significant shareholder, is appointed interim non-executive chairman VANCOUVER, March 15, 2018 /CNW/ - Kincora Copper Ltd. announces that Luke Leslie today retired as Chairman of the Board and Non-Executive Director, with Duchintav Khojgor appointed interim Non-Executive [...]
2017 activities successfully advanced district scale pipeline of targets Large-scale exploration target announced for West Kasulu prospect, Bronze Fox East Tsagaan Suvarga drilling confirms brownfield Devonian porphyry target Second phase programs scheduled to commence from next month and funded from existing multiple–phase drilling and exploration budget, including: Refining high grade infill/extension drill [...]
A review of the West Kasulu prospect at Bronze Fox by Mining Associates supports an exploration target of: 416 Mt to 428 Mt grading 0.26% to 0.30% copper for up to 2,437Mlb of copper and 0.84Moz gold, ranking as one of the largest potential in-situ copper-gold systems in Mongolia and with only modest drilling. The potential quantity and grade ranges are conceptual in nature and based on nearest neighbour and ordinary [...]
Mining Associates appointed to undertake a review of the Bronze Fox Intrusive Complex to provide an independent resource model and assist in future exploration Review will support quantifying the previous discovery and valuation analysis to peers Previous drilling has confirmed extensive broad lower-grade copper-gold mineralization often with localized higher gradesacross a 1.3km strike in the western central portion of [...]
Maiden drilling program commenced on the western margins of the Ulgii Khud massif for up to 2000 metres In the Southern Gobi, Paleozoic volcanic and intrusive rocks that could host porphyry Cu-(Au-Mo) deposits outcrop as massifs, surrounded by Mesozoic sedimentary basins The Ulgii Khud massif is located between the two defined Late Devonian and economic porphyry deposits: Oyu Tolgoi and Tsagaan Suvarga Historic Ivanhoe [...]
Ground magnetic and gravity surveys commenced at Red Well license License adjacent to target drilled this field season by Rio Tinto Reported copper anomalies on the margin of the Red Well license with a historic Induced Polarization target within central outcrop zone and confirmed fertile geochemical signature Recent private placement with the European Bank for Reconstruction and Development strengthens balance sheet to [...]
Phase 1 drilling at East Tsagaan Suvarga ("East TS") completed for 3145 metres and 13 holes, with soil sampling analysis and initial follow up geophysics ongoing; Drilling has been successful intersecting the Tsagaan Suvarga Intrusive Complex ("TSIC") at potential open cut depths and supporting a preserved down fault block(s); Phase 1 drilling has started at the Bayan Tal target for approx. 2850 metres and 6 holes, with [...]
The European Bank for Reconstruction and Development ("EBRD") invests $1.4m and owns 6.16% of Kincora EBRD is one of the largest investors in Mongolia and has now contributed capital to all three projects in the Devonian copper belt $5.92m total gross funds raised by Kincora in the last two months, with a total of 68,854,232 shares outstanding VANCOUVER, Oct. 11, 2017 /CNW/ - Kincora Copper Ltd. (the "Company [...]
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ $1.4m placement to the European Bank for Reconstruction and Development ("EBRD") EBRD is one of the largest investors in Mongolia and will own 6.16% of Kincora $5.92m raised by Kincora via the recent two tranche private placements Drilling ongoing at East Tsagaan Suvarga ("East TS") target VANCOUVER, Sept. 22 [...]
Phase 1 drilling has started at the East Tsagaan Suvarga ("East TS") target for approximately 2,870 metres and 12 holes; East TS is a 'brownfield' open pit target, 13km from the existing Serven Sukhait open pit at the privately owned Tsagaan Suvarga project; Drilling will test a confirmed Devonian intrusive system for porphyry mineralization comparable to the development projects in the belt, Tsagaan Suvarga ("TS") and [...]
Final approvals for $4.52m non-brokered private placement Total ordinary shares outstanding of 64,611,807 VANCOUVER, Aug. 22, 2017 /CNW/ - Kincora Copper Ltd. (the "Company", "Kincora") (TSXV:KCC) has received acceptance from the TSX Venture Exchange (the "TSXV") for a private placement (the "Private Placement") consisting of 13,711,174 Units at $0.33 per Unit (gross proceeds of $4,524,687). As per the Company's August [...]
/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ Raises $4.52m from sophisticated investors including a preeminent private equity exploration specialist fund as the cornerstone Proceeds will fund the first modern Tier 1 drill testing and district scale reconnaissance exploration program in the world-class Southern Gobi copper gold porphyry belt The equity placement enables [...]
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