- Business
- Kincora Copper Limited is an active explorer and project generator focused on world-class copper-gold porphyry discoveries in Australia's Macquarie Arc of the Lachlan Fold Belt and Mongolia's Southern Gobi porphyry belt; its portfolio comprises approximately 12 licenses in New South Wales, Australia covering district-scale landholdings including the flagship Trundle project (167 square kilometers with two new porphyry intrusion-related discoveries and the largest known mineralized skarn system in NSW), Fairholme project (169 square kilometers adjacent to the Cowal gold mine), Northern Junee-Narromine Belt projects (Nyngan, Nevertire, Mulla, Nyngan South, Nevertire South totaling 1,739 square kilometers), Jemalong, Wongarbon, Cundumbul, Condobolin (historical mining field in the Cobar superbasin), and two licenses in Mongolia including the Bronze Fox copper-gold project with SX-EW potential and Tourmaline Hills; the company targets copper, gold, lead, zinc, silver and base metal deposits through acquisition, exploration and evaluation activities serving mining majors, institutional investors and junior explorers. Founded in 1983 as Brazilian Diamonds Limited and renamed Kincora Copper Limited in January 2011, it maintains headquarters at 837 West Hastings Street, Suite 400, Vancouver, British Columbia, Canada V6C 3N6, with operations spanning Australia and Mongolia. In a strategic pivot to a hybrid project generator model, Kincora has secured six asset-level partnerships unlocking over A$110 million in potential partner funding with AngloGold Ashanti (up to A$100 million earn-in/JV across five Northern Junee-Narromine projects including 6,197 meters drilled by March 2025), Fleet Space Technologies (ANT/gravity surveys and drilling rights at Nyngan and Wongarbon), Earth AI (up to $4.5 million drilling at Cundumbul), and Orbminco Limited (US$4 million earn-in for 80% of Mongolian assets including 2,516 meters drilled by March 2025), alongside C$4 million oversubscribed non-brokered private placement in July 2025 led by investors including Rick Rule and Jeff Phillips with 12-month hold periods and corporate restructuring including share capital rollback; these deals have deployed over A$5.5 million (more than 11,000-13,500 meters drilled) since late 2024, ramping management fees toward a self-funding model while retaining 100% ownership of advanced flagship assets like Trundle and Fairholme for selective future partnerships, with ongoing drilling across seven licenses and exploration grants from the NSW government.