Kincora Copper's Strategic Shift and Funding Update

Kincora Copper Limited (ASX: $KCC) has undergone significant strategic changes, divesting its Mongolian portfolio and securing 100% ownership of its Australian projects. The company has entered into agreements to unlock up to A$60 million in multi-year funding for its non-flagship projects, with up to 10,000 meters of partner-funded drilling expected in the next six months. Kincora's projects in the Macquarie Arc and the Northern Junee-Narromine Belt offer district-scale potential for copper-gold discoveries, positioning the company for substantial exploration activities and potential value creation.

Executive Commentary on Strategic Shift and Funding Initiatives

Kincora has made significant progress in realigning its corporate strategy, focusing on its Australian projects and securing substantial funding for exploration activities. The company's partnerships and agreements demonstrate confidence in the potential of its projects and the broader copper-gold exploration sector. We are optimistic about the medium to longer-term outlook for copper and remain committed to leveraging our technical expertise and industry-leading team to drive value for our shareholders.

Strategic Outlook and Exploration Initiatives

Kincora Copper Limited has strategically shifted its focus to Australian projects, divesting its Mongolian portfolio and securing significant funding for exploration activities. The company's partnerships and agreements reflect a positive outlook for copper-gold discoveries, with up to 10,000 meters of partner-funded drilling expected in the next six months. Kincora's district-scale potential in the Macquarie Arc and the Northern Junee-Narromine Belt positions the company for substantial exploration activities and potential value creation. The company remains bullish on the medium to longer-term fundamental outlook for copper, leveraging its technical expertise and industry-leading team to drive value for its shareholders.