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HomeFinTechKincora Copper: Awarded drilling grant for Trundle project, NSW

Kincora Copper: Awarded drilling grant for Trundle project, NSW

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Kincora Copper Awarded drilling grant for Trundle project, NSW

  • Kincora Copper (KCC) receives a $100,000 co-funding grant to launch its next phase of drilling at the Southern Extension Zone discovery within its Trundle project in New South Wales
  • The grant falls under the latest New Frontier Exploration program by the New South Wales State Government
  • The awards follow a “competitive” expert panel review process of applications, which Kincora says were in high demand
  • The grant supports the first direct drill hole to follow up on the interpreted porphyry source that delivered 19.9 grams per tonne (g/t) and 2.43 per cent copper, marking the largest mineralised skarn system in the state
  • KincoraCopper was up 11.11 per cent and trading at 7 cents at 12:09 pm AEDT

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