- Newly discovered higher-grade zones expand the gold and copper system at Kincora Copper’s (KCC) Trundle Park prospect, located within the Trundle Project in NSW
- Three zones of mineralised skarns have been intersected in the most recent hole, TRD029
- Gold and copper mineralisation now confirmed over a 1.3 kilometre strike
- Kincora last traded at 13 cents per share and Rarex is at 11.5 cents per share
Newly discovered higher-grade zones expand the gold and copper system at Kincora Copper’s (KCC) Trundle Park prospect, located within the Trundle Project in NSW.
The Trundle Project is a joint venture project with RareX (REE).
Ongoing drilling at Trundle Park has “yielded significant encouragement,” according to Kincora.
Three zones of mineralised skarns have been intersected in the most recent hole, TRD029. The cumulative mineralised interval amongst the three units total some 213 metres.
Assay results are only available for the Upper skarn which has returned 36 metres at 1.17 grams per tonne (g/t) gold equivalent. The remaining results are due in about five weeks.
Gold and copper mineralisation is now confirmed over a 1.3-kilometre strike.
“Hole TRDD029 has returned very encouraging assay and visual results in newly discovered magnetite skarn zones typical of Macquarie Arc porphyry systems. We eagerly await assay results for the remainder of the hole,” Technical Committee Chair John Holliday and VP of Exploration Peter Leaman said.
“TRDD029 opens up a significant search space south, east and west of previous drilling. This hole has further confirmed and expanded a very large mineralised system at Trundle Park that hosts the potential for a cluster of higher-grade skarn and porphyry intrusion bodies.”
Before the market opens today, Kincora last traded at 13 cents per share and Rarex last traded at 11.5 cents per share.