Kincora Copper (ASX:KCC) said it resecured the full rights of its Mongolian copper-gold portfolio, consisting of three copper-gold intrusive complexes at the Bronze Fox project, after Orbminco (ASX:OB1) withdrew from a September 2024 earn-in agreement, according to a Monday Australian bourse filing.
Kincora plans to consider a range of options, including focused self-funded exploration, third-party investment, and other corporate initiatives, while near-term value-add activities may include the potential submission for a second mining license at the project.
Orbminco withdrew from the agreement to focus on its Australian gold exploration, per the filing.