Projects
Bronze Fox Copper
The Bronze Fox Project covers 175km2, is located in the Southern Gobi porphyry belt of southern Mongolia, approximately 450km south of the capital Ulaanbataar. The project contains a 194Mt at 0.26% copper equivalent (CuEq) at a 0.2% CuEq cutoff within a notional pit shell to a depth of approximately 325m below surface¹. An additional Exploration Target for the West Kasulu prospect of between 100Mt and 300Mt at 0.25% to 0.35% CuEq1.
Key project components include:
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Bronze Fox Licences: located in the rapidly developing Southern Gobi copper belt.
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two adjacent licences covering 175km2
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3 underexplored, large and near surface porphyry systems
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plus other early-stage copper and gold targets.
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JORC Compliant Resource and Exploration Target (See Cautionary Statements below & Appendix)
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194Mt at 0.26% copper equivalent (CuEq) at a 0.2% CuEq cutoff within a notional pit shell to a depth of approximately 325m below surface.
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additional Exploration Target for the West Kasulu prospect of between 100Mt and 300Mt at 0.25% to 0.35% CuEq². The Exploration Target comprises potential mineralisation below the current Mineral Resource from approximately 325m to 1,200m below surface.
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Existing mining licence with plans for second covering the full project.
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Team: Established in-country team of internationality experienced geologists with supporting infrastructure and Ulaanbaatar office.
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White Pearl Field Camp: Year-round facility supporting operational needs.
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Country Wide Database: Provides opportunities for new acquisitions in Mongolia.
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See Kincora Copper ASX Announcement: Mineral resource and updated exploration target for Bronze Fox, 26th July 2022
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A priority target for the Company during will be following up on hole F62 (see Figure 2) drilled by Kincora which intersected:
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929m @ 0.37% CuEq (from 343m) including:
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318m @ 0.53% CuEq (from 515m) and
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37m @ 1.01% CuEq, from 573m.
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(See Kincora Copper ASX Announcement: Mineral resource and updated exploration target for Bronze Fox, 26th July 2022).
Figure 1: Bronze Fox project with major resource projects in Southern Gobi
Figure 2: Ravensthorpe Project with 2024 Augers infill sampling