Kincora Copper
Kincora Copper Limited is a mining exploration and development company focused on copper/gold mineralization projects in Mongolia. Its key asset is the Bronze Fox copper/gold deposit located in South East Mongolia and within the world-class Oyu Tolgoi copper belt. Bronze Fox was explored by numerous expeditions in the past, several high anomaly areas have been identified with the potential for further development
Leveraging our Mongolian and international expertise and track record on the ground, we plan to continue extensive exploration in Bronze Fox in addition to acquiring advanced top quality copper and gold projects in Mongolia.
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Company Statement:
Kincora Copper Limited is a mining exploration and development company focused on copper/gold mineralization projects in Mongolia. Its key asset is the Bronze Fox copper/gold deposit located in South East Mongolia and within the world-class Oyu Tolgoi copper belt. Bronze Fox was explored by numerous expeditions in the past, several high anomaly areas have been identified with the potential for further development
Leveraging our Mongolian and international expertise and track record on the ground, we plan to continue extensive exploration in Bronze Fox in addition to acquiring advanced top quality copper and gold projects in Mongolia.
Current Operations:
Leveraging our Mongolian and international expertise and track record on the ground, we plan to continue extensive exploration in Bronze Fox in addition to acquiring advanced top quality copper and gold projects in Mongolia. Building a resource portfolio, we aim to move to pre-feasibility work and development of our properties.
The Bronze Fox project is located on the copper-gold belt in southeast Mongolia that also hosts the world-class Oyu Tolgoi deposit. It is one of the most exciting copper-gold belts in the world. With Oyu Tolgoi going into production there is the potential for further development.
Support infrastructure for the project is very good, including existing power facilities that are only 80 km away. A government-planned rail line from Tavan Tolgoi to Sainshand, scheduled for construction in 2012, will pass 20 km from the mining site, and existing rail line is 200 km away.
Numerous joint Mongolian and Soviet programs first explored Bronze Fox from the 1950 to 1970s. Regional mapping, geochemistry, ground magnetics, induced polarization, seismic surveys, trenching and drilling were carried out; however, little data remains.
Invanhoe Mines commenced the reconnaissance and acquisition of licenses at Bronze Fox and in the surrounding area in 1997. Ivanhoe geologists first visited the district as part of a regional exploration program in 2004, and conducted geochemical samplings and ground magnetic programs. Over 6,000 rock chip samples were assayed and over 1,000 line kilometers of ground magnetics acquired.
Ivanhoe continued the exploration in 2005 with geological mapping, geochemical sampling, trenching, induced polarization surveys, and reconnaissance drilling. It designated Bronze Fox one of three high priority target license areas before losing the license.
Throughout the Company's acquistion process for Bronze Fox, two drilling programs totaling over 15,000 meters of drilling were undertaken in 2010 and 2011. Geological mapping and extensive induced polarization surveys over the license area identified three new geophysical high anomaly areas.
For more information about the Bronze Fox Project please click here.
Management
The Chairman of Kincora's Board has 25 years of experience in mining and private equity firms. A graduate in Mining Engineering from the University of New South Wales School of Mines, Mr Fabian's background includes experience in underground base metal operations and open pit coal mining. Following his years in mining operations, he specialized in mining sell-side analysis and private equity financing, and has raised capital for several new mining developments in emerging markets, including the former Soviet Union, West Africa and South America.
Mr Kovarsky brings to Kincora the strength of a mining and construction career that has spanned more than three decades. His experience includes 16 years with Centerra Gold, where he also served as President of Centerra Gold Mongolia. He has also served as President of Global Cobalt International at Puget Ventures, and as President & CEO of Kola Mining. He has guided a number of mining projects through to successful development: including the Kumtor gold mine in Kyrgyzstan (where he was key to the project’s acquisition, feasibility work and development), the Boroo Gold Company in Mongolia, and the Souker Nickel Project in Russia.
Mr Leslie is the head of Origo Partners Metals & Mining, Portfolio Manager of the China Commodities Absolute Return Fund, Executive Director of Origo Partners Exploration and Executive Director of Origo Resources International. Mr Leslie has 10 years of transaction experience in Metals and Mining, including time with the Metals and Mining team at UBS Investment Bank, and with the Natural Resources team at Accenture. In addition to the Kincora Board of Directors, he is a member of the Board of Directors of Gobi Coal & Energy, Moly World, China Commodities Absolute Return Fund, and Huremintiin Hyar and Resource Investment Capital.
A copper porphyry specialist whose expertise is recognized globally, Mr Rickus is Head of Technical Services for Origo and the former President of Resolution Copper. His 40+ years of mining experience includes 24 years with Rio Tinto, including six years as head of Technical Services and six years as a mining executive with the Rio Tinto Copper Group. He has previously served on the Board of Directors of Palabora Mining, worked on the Somincor Copper Mine in Portugal, and the Minera Alumbrera in Argentina. He was a member of the Owners’ Council for Minera Escondida in Chile and led the technical input on Rio Tinto’s behalf in Freeport’s Grasberg mine in Indonesia.
Mr Khangai, a Mongolian national, is the CEO of the Mongolian Stock Exchange (MSE) and Special Advisor to the Mongolian Prime Minister. He is leading the MSE’s partnership with the London Stock Exchange to reform the MSE. He obtained his Bachelor of Science degree in Law from the Mongolian National University with higher level studies in the UK.
Mr Khojgor, a Mongolian national, is the owner of Bucorp, the Chairman of the Board of DAI, and former CEO of MonMar and Bundas Trading Company, all of Mongolia. He is also a major shareholder in various businesses. A trilingual executive and engineer with 20 years’ experience, Mr Khojgor earned his Bachelor of Mechanical Engineering in Precision Machinery from the Polytechnical University in Vladimir, Russia.
Major Shareholders
Contact Information
Head Office
Suite 910
475 Howe St
Vancouver, BC V6C 2B3
Canada
T. 604 689 2599
F. 604 689 3609
Email enquiries@kincoracopper.com
Mongolian Office
3rd Floor, Monnis Tower
15 Chinggis Ave
Ulaanbaatar 14240
Mongolia
T. 976 70100095
F. 976 70100097
Corporate Information
Investor Relations
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