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Kincora advances district scale porphyry exploration with drilling at the Ulgii Khud massif, Southern Mongolia
Kincora advances district scale porphyry exploration with drilling at the Ulgii Khud massi...
About this update from Kincora Copper Limited
[{"type":"text","content":"\n\n\n\nKincora advances district scale porphyry exploration with drilling at the Ulgii Khud massif, Southern Mongolia\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 24, 2017\n\n\n\n\nMaiden drilling program commenced on the western margins of the Ulgii Khud massif for up to 2000 metres\nIn the Southern Gobi, Paleozoic volcanic and intrusive rocks that could host porphyry Cu-(Au-Mo) deposits outcrop as massifs, surrounded by Mesozoic sedimentary basins \nThe Ulgii Khud massif is located between the two defined Late Devonian and economic porphyry deposits: Oyu Tolgoi and Tsagaan Suvarga\nHistoric Ivanhoe samples on limited areas of outcrop of the Ulgii Khud massif support a potentially concealed copper-gold mineralized system \n\n\nVANCOUVER, Oct. 24, 2017 /CNW/ - Kincora Copper Ltd. (the \"Company\", \"Kincora\") (TSXV:KCC) is pleased to announce drilling is underway at its wholly owned Argalant, Central West Ulgii Khud and prospects located on the margins of the Ulgii Khud massif in the Southern Gobi, Mongolia. \n\nFour holes by percussion drilling with diamond tails (total up to 2000 metres) are planned to test targets generated from basement analysis and interpretation of last years ground magnetic survey. The first phase program will see two holes completed at the Argalant prospect, before drilling the Central West Khiid Ulgii and West Khiid Ulgii prospects. The drilling program will test magnetic low zones along interpreted north-south structures, targeting intrusions or alteration to support porphyry targets within favourable arc transverse settings. \n\nHistoric Ivanhoe samples on limited areas of outcrop for the Ulgii Khud massif support it being a potential copper-gold mineralized system and to the best of Kincora's knowledge no drilling has taken place into the intrusion or its margins under cover. \n\nSam Spring, President & CEO, commented: \"The Ulgii Khud massif is along the north-east arc parallel Oyu Tolgoi-Tsagaan Suvarga Devonian belt. Porphyries in more mature and well understood c...