Kincora eyes massive land position in Mongolia's South Gobi

摘要

Kincora Copper (TSXV: KCC; US-OTC: BZDLF) hopes that a renewed sense of political stability in Mongolia will reinvigorate investor interest, and it is doubling down on the country with a deal that gives the junior one of the largest land positions in the prospective South Gobi region. In May Kincora struck an agreement with Robert Friedland's privately held High Power Exploration (HPX) to consolidate over 1,500 sq. km of exploration licences along strike from Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and Rio Tinto's (NYSE: RIO) Oyu Tolgoi copper-gold mine.