Kincora Copper Limited Expands Exploration Efforts through Partnership with AngloGold Ashanti

Reuters
06-06
Kincora Copper Limited Expands Exploration Efforts through Partnership with AngloGold Ashanti

Kincora Copper Limited has entered into a significant partnership with AngloGold Ashanti, focusing on expanding exploration programs in the Northern Junee-Narromine Belt in New South Wales. This collaboration involves an earn-in and joint venture agreement, allowing AngloGold Ashanti the right to invest up to A$100 million in exploration activities across a continuous 100km strike, covering five projects within Kincora's portfolio. The partnership has already led to an expansion of the drilling program at the Nyngan porphyry project, with plans to transition exploration efforts to the Nevertire and Nevertire South projects. Kincora is managing the programs and will receive a 10% management fee from AngloGold Ashanti's expenditures. The interactive relationship is proving effective in generating new targets, as demonstrated by the promising results from initial surveys and drillings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kincora Copper Limited published the original content used to generate this news brief via Newsfile (Ref. ID: 254694) on June 06, 2025, and is solely responsible for the information contained therein.

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