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Kincora Copper Secures Full Rights to the Mongolian Copper-Gold Project
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AZoMining.com - Mining News Feed
Gold-copper explorer and hybrid project generator Kincora Copper Limited (Kincora) is pleased to announce that it has resecured the full rights of its Mongolian copper-gold portfolio following Orbminco Limited’s withdrawal from the September 2024 Earn-In Agreement as it now focuses on its Australian gold exploration.
Assets within the Mongolian portfolio include three extensive and underexplored copper-gold intrusive complexes at the Bronze Fox project (including a large JORC Mineral Resource Estimate and Exploration Target 1), a year-round field camp and a proprietary Mongolia wide project generation database.
This development comes at a time of various notable positive developments highlighting the potential of Mongolian’s resource sector and the Bronze Fox copper-gold project.
Ltd,Erdene Resource Development’s first gold pour at its greenfield Bayan Khundii project,Construction of the privately held Tsagaan Suvarga copper-molybdenum project, and,The Oyu Tolgoi copper-gold project being on track to be the world’s fourth largest copper mine by 2030.
With Kincora now controlling 100 % ownership, the Company will move forward to build on existing and new interest in the project.
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