ProactiveInvestors: Kincora Copper to spend $5.2 mln for 2012 exploration program

Kincora Copper Monday announced updated exploration results for last year’s exploration and details of its 2012 drilling campaign for the Bronze Fox project in Mongolia. The flagship Bronze Fox project occupies 223 square km of land 140 km northeast of the massive Oyu Tolgoi project, on the same copper belt. It is divided into five areas of specific interest: West Kasulu, Dunlop Fox, Buchanan Heights, Sophie North, and Leca Pass. In 2011, Kincora completed a total of 12,435 metres of diamond core drilling. Of the 23 holes drilled, 22 holes hit copper-gold or gold mineralization. This year’s exploration strategy is expected to cost $5.2 million, Kincora Copper said. To read the full article, click hereKincora Copper to spend $5.2 mln for 2012 exploration program

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