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Project: | Bronze Fox | |
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Deposit: | Bronze Fox | |
Location: | Mongolia | |
Commodities: | Gold-Copper | |
Date: | 9/10/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 10-9-2019: Kincora Copper Ltd. announces an Exploration/Drilling Update report for its Bronze Fox deposit at the Bronze Fox project. Drilling results incl. 376m @ 0.05g/t Au, 0.20% Cu from 596m. VANCOUVER, Sept. 10, 2019 /CNW/ - Kincora Copper Ltd. (the " | |
Resources: | x | |
CP/QP: | [Overall Report]: Peter Leaman (Internal) | |
ABSTRACT: | VANCOUVER, Sept. 10, 2019 /CNW/ - Kincora Copper Ltd. (the "Company", "Kincora") (TSXV:KCC) is pleased to provide a drilling update for its 100% owned two priority copper-gold porphyry projects in the Southern Gobi, Mongolia. First phase drilling for 4,264 metres at two targets has concluded at the Bronze Fox project, three holes at both targets, with activities commenced at the East Tsagaan Suvarga ("East TS") project for up to 6,200 metres testing three target zones. Project generation and earlier stage project pipeline exploration activities continue as Kincora is the most active foreign listed junior seeking to make the next Tier 1 discovery in Mongolia. Peter Leaman, Senior Vice-President of Exploration, commented, "First phase drilling and assay results for two thirds of drilling completed has confirmed and better defined the large lower grade porphyry system at Bronze Fox with localised higher grade zones in the western zone proximal to a key regional fault. A full review of first phase drilling will shortly occur focusing on the potential for further higher-grade zones and potential follow up activities. Our recently commenced maiden target testing drilling program at East TS will for the first time test the potential for preserved higher grade porphyry mineralisation within the Tsagaan Suvarga Intrusive Complex which already hosts one large open pit porphyry development project. Kincora's ability to secure the East TS project in a brownfield environment which in most other parts of the world would have experienced considerable drilling across the complex, and within 3 years commence such a drilling program supports the project generation strategy we continue to pursue for further globally significant new discoveries". | |
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