ProactiveInvestors: Kincora Copper has high hopes for Mongolian deposit

Kincora Copper’s flagship asset is the Bronze Fox deposit in Mongolia, which is in the same geological neighbourhood as the giant Oyu Tolgoi mine, just over 100 miles to the north-east. Oyu Tolgoi is the world’s largest undeveloped copper deposit, which also contains an estimated 46 million ounces of gold. It was discovered by Canada’s Ivanhoe Mines and is being developed in partnership with Rio Tinto. Production is expected to reach 450,000 tonnes of copper annually from the open pit and underground mine that will chase the high grade copper core. To read the full article, click hereKincora Copper has high hopes for Mongolian deposit

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