Kincora Copper (ASX:KCC) began a ground gravity survey at the Cowal East project in New South Wales, contracting Daishsat Geodetic Surveyors, according to a Tuesday Australian bourse filing.
It entered a binding memorandum Of understanding with Atomionics initially focused on the Cowal East project to analyze the results of the ground gravity survey. A second phase will see Atomionics complete a subsequent survey utilizing its proprietary new generation "quantum" sensors.
Its shares rose nearly 2% in recent trading on Tuesday.