Kincora Copper's attentions are focused on its district scale 4000 sq km landholding and scale able drill ready targets in New South Wales' Macquarie Arc, one of the most significant gold rich porphyry regions in the world.
This leading listed pure play explorer's efforts are informed by its hybrid business model of doing deals and making discoveries.
Kincora Copper's 100%-owned Australian projects are already benefitting from multiple deals made over the last 12 months that has led to A$60m of multi-year partner funding. In addition, the company can point to a technical team with world-class copper and gold discovery pedigree and ‘skin in the game' equity ownership, backed by a consolidated and a sophisticated shareholder register.
President and chief executive, Sam Spring singled out John Holliday as a key figure on the Kincora Copper technical team, given his unrivalled knowledge of and record of success in the region stretching back 45 years. Having been the principal originator, discoverer and site manager for the Tier 1 Cadia gold-copper porphyry and the Marsden copper gold porphyry deposits in the Lachlan Fold Belt in which both the Macquarie Arc and Cobar Superbasin sit, Kincora Copper's technical committee chair could be considered a byword for success.
Kincora Copper's future fortunes have been given a further major boost by link-ups with Earth AI, Fleet Space Technologies, and a joint venture with a subsidiary of AngloGold Ashanti; partnerships serving to bring expertise, credibility and financial security to the company's offer.
The collaboration with Fleet Space has allowed for the deployment of ambient noise tomography (ANT) and gravity geophysical surveys at Kincora's Nyngan Project to complement near term drilling. Meanwhile the partnership with Earth AI has seen its refined artificial intelligence model and field-based exploration generate a pipeline of new intrusion related copper targets at Kincora's Cundumbul project that are currently being drilled. This affords shareholders exposure to a fully funded, new discovery focused opportunity.
For its part, AngloGold Ashanti brings significant greenfield exploration pedigree and major financial muscle to Kincora's table, allowing the company to drill test a wide range of large intrusive-related copper-gold targets on its property, which includes two of the last remaining virtually untested, volcano-intrusive complexes.
For these parties, the rationale for partnering with Kincora Copper is clear, given it holds district scale positions within highly prospective settings on proven mineral/mining belts in a tier one location that is seeing multi-billion dollar M&A and investment. For Kincora, put simply, these link-ups have significantly increased its chances of discovery success.
Sam Spring is confident that such developments will act to unlock and realise significant asset level value.
While noting that, "it takes years of building foundations to be an overnight success", with all ducks now in a row, so should follow the news flow and results to drive that value.
That Kincora Copper is ready to put its message out there is testament to those foundations having been firmly embedded. And for investors keen to secure a slice of the Macquarie Arc action at the right time, the company now demands closer investigation at what constitutes a very interesting inflection point, with drilling activities ramping up and further new projects and deals proposed, thereby providing multiple potential share price catalysts.
