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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
/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 [...]
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 [...]
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 [...]
/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 [...]
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Kincora intends to raise up to C$6m at $0.33 per Unit with half a warrant C$1.5m cornerstone investment from a leading mining private equity investor Strong support from insiders, other existing and new investors Proceeds will be used to [...]
Mongolian Government issues the new Shavagtai exploration licence to Kincora Shavagtai increases Kincora's footprint around one of the most important untested intrusive complex's in the world-class Southern Gobi copper belt Shavagtai is adjacent to Kincora's Khuren Tsav licence, which hosts the Bayan Tal target, a large scale copper-gold [...]
Remuneration aligned to shareholders: 254,112 shares issued to technical committee and directors Debt conversion to HPX Techco Inc.: 186,831 shares issued for cash loans made during the course of the IBEX transaction Initial field season activities continue, management attending PDAC with further marketing aimed at increasing awareness of the [...]