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Kincora Plans 25,000m NSW Drilling Campaign
Business
— Sep 3, 2026
Kincora Copper plans a sole-funded exploration program in Central West NSW with up to AUD 3 million for over 25,000 metres across Nyngan West, Fairholme, Cowal East and Trundle, including about 340 air-core holes to test 17 porphyry and gold targets and refine geological concepts while leveraging partner-funded drilling and proceeds from a US$10 million Mongolian asset divestment. The company aims to generate scale and value through the hybrid prospect generator model with ongoing asset-level partner discussions, supported by a ~AUD 12 million cash position and continued AngloGold Ashanti activity, attracting renewed investor interest.
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