Kincora drilling underway at brownfield open pit target

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[{"type":"text","content":"\n\n\n\nKincora drilling underway at brownfield open pit target\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, Aug. 31, 2017\n\n\n\n\nPhase 1 drilling has started at the East Tsagaan Suvarga (\"East TS\") target for approximately 2,870 metres and 12 holes;\nEast TS is a 'brownfield' open pit target, 13km from the existing Serven Sukhait open pit at the privately owned Tsagaan Suvarga project; \nDrilling will test a confirmed Devonian intrusive system for porphyry mineralization comparable to the development projects in the belt, Tsagaan Suvarga (\"TS\") and Oyu Tolgoi (\"OT\").\n\n\nVANCOUVER, Aug. 31, 2017 /CNW/ - Kincora Copper Ltd. (the \"Company\", \"Kincora\") (TSXV:KCC) is pleased to announce drilling is underway at its wholly owned East TS copper porphyry target in the Southern Gobi, Mongolia. The maiden reverse circulation and diamond drill program at the East TS target is comprised of approximately 2,870 metres to less than 265 metres depth for approximately 12 holes. It is proposed that during a second phase Kincora will undertake infill geophysics and a follow on 5000 metre drill program.\n\nSam Spring, President & CEO, commented: \"It is pleasing to be drilling at the East TS target within a week of final approvals for our $4.52 million equity offering. Kincora has commenced the first Tier 1 drilling program in recent years and the first modern district scale reconnaissance exploration program in what is a world-class but underexplored porphyry belt.\n\nIn the upcoming months we will undertake drilling at two targets, initially at East TS, and then Bayan Tal. These first phase programs will provide improved geological knowledge, with funds in place for follow up geophysics and second phase drilling for a total of approximately 16,000 metres. \n\nOur exploration programs will utilise number of advancements in global exploration techniques since the last the last wave of exploration in this belt by the likes of Ivanhoe, the BHP JV and IBEX, and will test our conceptual models of the first new D...

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