Kincora and AngloGold Ashanti Resume Drilling at Nevertire Project in Australia
STRATEGIC MINERALS
Kincora Copper Limited has recommenced drilling at the Nevertire and Nevertire South projects in Australia after completing Phase 1 drilling, which confirmed the potential of the Nevertire Magmatic Complex. This initiative is part of joint venture agreements with AngloGold Ashanti, allowing for up to A$100 million in investment across five projects.
The Phase 1 program involved eight holes totaling 3,385.2 meters, revealing significant porphyry-related mineralization. New geophysical surveys are expanding the search area, exceeding 40km in prospective strike length. Ongoing follow-up drilling targets high-priority areas to refine mineralization patterns.

Feb 11, 2026, 6:19 AM