Kincora Copper (TSE:KCC) has released an update.
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Kincora Copper is set to embark on a pioneering copper-gold drilling program at its Nyngan Project in partnership with AngloGold Ashanti, which could potentially define a new mining district. With a budget for 4000-5000 meters over 6-8 drill holes, the project’s initial phase aims to explore up to eight large intrusive complexes. This collaboration could lead to substantial discoveries, as AngloGold Ashanti has the option to invest A$50 million for a significant stake in the project.
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