InvestSMART

Kincora Copper Limited (ASX:KCC)

ALERT: Price-sensitive ASX Announcement for KCC
Current share price for KCC : $0.820 0.045 (5.81%)+
Announcement
Release
22 Sep 2025 9:41AM
Price at Release
$0.775
Full Release
download
Summary
Kincora Copper Limited has secured full rights to its Mongolian copper-gold portfolio following the withdrawal of Orbminco Limited from the Earn-In Agreement. The assets include the extensive Bronze Fox project, which features a substantial JORC Mineral Resource Estimate and Exploration Target. Kincora plans to pursue various strategies such as self-funded exploration, third-party investment, and corporate initiatives to advance the project. The company is considering submitting for a second mining license and conducting new mining studies in response to shifting commodity prices. Kincora's projects are located in the Southern Gobi copper-gold belt, an area noted for rapid development in copper supply and infrastructure.
Key Points
  • Kincora Copper Limited (KCC) has regained full rights to its Mongolian copper-gold portfolio.
  • The portfolio includes the Bronze Fox project, which contains a large JORC Mineral Resource Estimate and Exploration Target.
  • The company aims to explore self-funded initiatives and third-party investments for further project development.
  • Potential activities include submission for a second mining license at the Bronze Fox project.
  • Kincora plans to conduct fresh mining studies reflecting recent commodity price changes.
  • Kincora's Mongolian assets are strategically positioned in the Southern Gobi copper-gold belt.
  • The Bronze Fox project includes major underexplored porphyry complexes and extensive landholdings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.