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Kincora Copper Releases Exploration Update for Bronze Fox and East Tsagaan Suvarga
In preparation for drilling at both projects over the winter, Kincora has completed a tender for the proposed drilling programs with a preferred drill contractor selected and favourable rates returned.
Kincora Copper (TSXV:KCC) has released an update on field activities recently completed at various targets including the Bronze Fox and East Tsagaan Suvarga in Mongolia where geophysical surveys were completed on time and under budget.
The company said that results are promising, supporting multiple drill targets at Bronze Fox and East TS. In preparation for drilling at both projects over the winter, Kincora has completed a tender for the proposed drilling programs with a preferred drill contractor selected and favourable rates returned. Final modelling and interpretations are expected in the upcoming weeks, supporting the company’s next technical committee workshop scheduled for the second week of December.
Senior vice president of exploration at Kincora, Peter Leaman said:
“Significant progress has been made at Bronze Fox, including a new interpretation of the lithology and mineralized system, which coupled with new international geophysical surveys and the full 24,000 metres of drill core being relogged supports multiple high-grade targets for drilling. Bronze Fox is a large mineralized system and three of four holes drilled by Kincora into the monzodiorite section of the intrusive complex intersected over 1% copper and have only tested 260 metres of over a kilometre strike length.
Preliminary results of the SJ geophysical survey at East TS have provided significant encouragement, supporting our exploration approach and the concept of a series of Devonian porphyry intrusives at moderate depths in a proven brownfield environment.”
Click here to read the full Kincora Copper (TSXV:KCC) press release.
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