Kincora Copper Ltd. to Participate in PDAC 2013

March 01, 2013 4:01 PM EST | Source: Kincora Copper Limited

Toronto, Ontario--(Newsfile Corp. - March 1, 2013) - Kincora Copper Ltd. (TSXV: KCC) is pleased to welcome the international mining community to Toronto for the Prospectors and Developers Association of Canada's (PDAC) International Convention, which is being held from March 3rd to March 6th, 2013.

Kincora Copper Ltd. will be exhibiting at this year's Investor's Exchange and we invite shareholders and interested investors to talk to our team at PDAC Booth #2903.

Some exciting developments we will be discussing include:

  • The results of the 2012 exploration programme continue to demonstrate that our flagship and wholly owned Bronze Fox project hosts a large area of lower grade copper and gold mineralisation, open at depth and in every direction with high-grade intersections and new targets continuing to be generated.

Our project is situated only 250km from the Chinese border and within 140km of two large scale greenfield copper construction projects: Oyu Tolgoi, invested capital to dated +US$6.2b; and, Tsagaan Suvarga, estimated capex US$1b.

  • Our recent successful private placement provides Kincora a number of options and flexibility to resume optimal exploration activities in 2013. The Company continues to monitor yet unsubstantiated local Mongolian media speculation regarding two licenses held by Kincora, the proposed draft Minerals Law, up coming Mongolian Presidential election, and the global markets for exploration juniors.  While impacted by these aforementioned factors, we continue to access various other commercial opportunities and discussions with potential strategic investors regarding technical and financial synergies.

  • On Tuesday, March 5th, there is the Mongolia @ PDAC Investment Conference hosted at the Hyatt Regency from 13.00-17.00 followed by a reception which Kincora is attending. Registration is required but the Mongolia Conference should provide a unique opportunity to get a detailed update on the current environment in Mongolia from a number of junior mining companies, government representatives from Mongolia and Canada, industry groups, equipment and services providers, and domestic stockbrokers.
Kincora Copper’s ambition is to be the leading listed independent exploration and development company in the Oyu Tolgoi South Gobi porphyry copper belt in south east Mongolia.

For additional information about the PDAC 2013 conference or to register for the conference, please visit www.pdac.ca.

For further information contact:

Kincora Copper Ltd.
Sam Spring
VP Corporate Development
+61431329345
sam.spring@kincoracopper.com

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