Kincora Copper secures increased AngloGold Ashanti funding for Cookara drilling

Bitget2026/11/09 00:53

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Kincora Copper secured additional 2026 funding from AngloGold Ashanti for drilling at the Cookara target on its Nevertire South license.
Drilling has begun, with up to two infill holes and one step-out hole proposed before the Australian summer holiday season.
Further infill and potentially deeper drilling at Cookara are expected in 2027.
AngloGold Ashanti can invest up to A$ 100 million across five adjacent licenses under two earn-in and joint venture agreements.
Kincora manages the exploration programs, receiving a 10% management fee on expenditures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kincora Copper Limited published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kincora Copper secures increased AngloGold Ashanti funding for Cookara drilling

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