Kincora Copper Ltd.

Kincora Copper Ltd. is pleased to provide a corporate update for release to market including: Corporate presentation Shareholder letter Corporate strategy update September 29th, 2020 Dear shareholders, At Kincora Copper our focus is world-class copper-gold porphyry discoveries with a near term ambition to become the clear leading listed pure play porphyry explorer in Australia's foremost porphyry belt. Kincora has a [...]

Kincora awarded A$120,000 under the New Frontiers Co-Operative Drilling Grants program from the Government of NSW for the Nyngan project. The grant monies are non-dilutionary and will fund direct drilling costs on a matched dollar-for-dollar basis for two large-scale porphyry targets. The 100%-owned Nyngan copper-gold project covers an area of 762km2 in a highly prospective geologic terrane with encouraging limited [...]

Funding, permits and drill targets are in place following an oversubscribed $5.33 million raising to accelerate ongoing drilling at the Trundle project aimed to discover an economic copper-gold porphyry and/or skarn deposit in a highly prospective brownfields setting Kincora drill holes TRDD002, TRDD005 and TRDD006 provide further encouragement for the discovery of an economic copper-gold porphyry deposit within the known [...]

Well supported $5.33 million raising with the introduction of many new Australian and international institutional, family office and retail investors Strong financial position to aggressively expand the ongoing drilling program at the Trundle copper-gold project and pursue listing on the ASX Trundle is the only brownfield project held by a listed junior in Australia's foremost porphyry belt, within the same mineralized [...]

Kincora intends to raise up to $5 million at $0.10 per Unit with a full warrant Indicated strong support from other existing and new shareholders, and Australian brokers Following positive initial drilling results at the Trundle project, placement proceeds will be primarily used to expand the ongoing six hole program to over twenty drill holes with an additional 11,000 metres of drilling Trundle is the only brownfield [...]

Drilling of the first hole at the Mordialloc target to be reopened and extended, after assay results, independent and internal expert geological assessment support strong halo indicators of a mineralized porphyry intrusion system. TRDD002 intersected favorable alteration and anomalous metal levels between 721-790.25 metres , and included up to 0.29% copper and 272ppm molybdenum1. An incomplete second hole at the [...]

Kincora's first drill hole at the Trundle project has intersected multiple significantly mineralized skarn zones at the Trundle Park target1 51m @ 1.17 g/t gold and 0.54% copper from 39m, including; 20.5m @ 1.94 g/t gold and 1.18% copper from 57.6m, including; 8m @ 3.07 g/t gold and 1.95% copper from 57.6m, and 2.2m @ 4.32 g/t gold and 2.43% copper from 75.9m 18m @ 0.53 g/t gold and 0.05% copper from 284m, including; 3m [...]

Kincora's second hole at the Trundle project, at the Mordialloc target, has intersected strong halo indicators of a mineralized porphyry intrusion system confirming the targeted geological setting. These indicators include significant intervals with visually interpreted localized moderate copper grades and inner propylitic zone alteration. The first two drill holes at both the Mordialloc porphyry and Trundle Park [...]

First Kincora hole at Trundle Park target has intersected multiple mineralized skarn zones Shallow 28 meter interval of visually interpreted moderate mineralization from 55 meters, including a higher grade 6.5 meter interval Previous nearby drill results include a higher grade interval of 2 meters at 20g/t gold, 6.97% copper and 81g/t sliver Hole confirms the targeted setting of skarn and adjacent porphyry intrusion [...]

Deeper core drilling commenced testing three large and mineralized porphyry targets at the Trundle project Trundle is the only brownfield project held by a listed junior in Australia's foremost porphyry belt, and within the same mineralized complex as Australia's second largest porphyry mine Excellent potential for new higher-grade porphyry and skarn copper-gold discoveries Kincora Copper Ltd. is pleased to have commenced [...]