Kincora Copper (ASX:KCC) said that an airborne electro-magnetic (AEM) geophysical survey covering approximately 155 square kilometers has been mobilized at its Condobolin project in Australia, according to a Tuesday Australian bourse filing.
The company is preparing for diamond drilling at the project's Meritilga target to test extensions to the existing gold-silver-base metals system.
The company said it has commenced a review assessing the potential for alluvial gold based on prior drilling.
Kincora added that it has consolidated 100% project ownership and continues to expand its footprint across the near-surface potential of the historical Condobolin Mineral Field. The total project size is 297 square kilometers across two adjacent licenses, with a new license application.