Kincora Copper (ASX:KCC) announced an expansion of its exploration activities at the Nevertire and Nevertire-South projects in the Macquarie Arc.
Following the completion of a Phase 1 drilling program, which covered 3,385.2m across eight holes, the company has confirmed the presence of a large, highly prospective magmatic complex.
Initial results have validated the Nevertire Magmatic Complex as a premier porphyry target, with drilling intersecting key indicators of copper and gold mineralisation.
The exploration footprint has now reached province-scale, with a more than six-fold increase in prospective strike length, now exceeding 40km.
The expansion is supported by ongoing gravity surveys and a systematic review of historical data.
Kincora has recommenced high-priority infill and step-out drilling to further refine vectoring toward potential porphyry centres.
The project is bolstered by a heavy-weight partnership with AngloGold Ashanti.
Under a joint venture agreement, AngloGold has the right to invest up to $100 million across five of Kincora's projects within the Northern Junee-Narromine Belt.
In addition to the Nevertire activity, Kincora is progressing scout drilling plans at the adjacent Nyngan and Nyngan South licenses.
At the time of reporting, Kincora Copper's share price was $0.96.