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Kincora: Further Confirmation of New Discovery and Broad Intervals at Trundle Park


HIGHLIGHTS

  • Full assay results confirms hole TRDD029 as an important new geological discovery along the southern extension zone at Trundle Park: - Cumulative gold and copper mineralisation across 196m returned in three skarn zones in TRDD029, including: - Upper Skarn: 36m @ 0.68 g/t gold and 0.29% copper - Middle Skarn: 129m @ 0.17 gold and 0.12% copper, including: - 34m @ 0.38g/t gold and 0.30% copper

  • Assay results for TRDD030, that intersected cumulative skarn of ~250m, along with quartz-carbonate-chalcopyrite vein sets in the Middle Skarn, expected in 3 weeks

  • Most recent hole TRDD031 has intersected cumulative skarn of >100m, below potassic alteration within quartz veining comprising tourmaline-bornite-chalcopyrite in volcanics

  • Tabular, bedded, mineralised skarn system across three zones confirmed over >240m strike (and open), with estimated true width of up to 120m

  • Skarn mineralization and quartz sulphide veining in overlying volcanics from holes TRDD029, TRDD030 and TRDD031 provide important geological and mineral vectors for the targeted causative intrusive porphyry source

  • Hole TRDD032 commenced following up these vectors which are coincident with a wider north-south mineralised corridor and magnetic low

  • Air-core drilling program of 50 holes for 1,550 metres complete, testing the wider intrusive complex and extent of identified anomalous copper-gold mineralisation at open pit target depths to the north of Trundle Park