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Kincora Copper Said AI Partner Drilling New Copper Targets at the Cundumbul Project
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Kincora Copper Said AI Partner Drilling New Copper Targets at the Cundumbul Project
May 21, 2024 5:30 AM

08:10 AM EDT, 05/21/2024 (MT Newswires) -- Kincora Copper Ltd. ( BZDLF ) , trading near 52 week lows, over the holiday weekend announced Exploration Alliance partner Earth AI Pty Ltd (Earth AI) has commenced its maiden drilling program at the Cundumbul Project testing a number of new copper targets.

Sam Spring, President & CEO, in a statement said: "After multiple field based campaigns refining Earth AI's artificial intelligence model and geological theses the commenced diamond drilling program is a exciting catalyst in our success based exploration alliance and provides Kincora shareholders exposure to a fully funded, new discovery focused opportunity.

"Prior explorer activities and limited drilling has confirmed fertile porphyry systems in both the north and south of Cundumbul located over 10km apart.

"The initial new drill targets of this first phase program by Earth AI are associated with a newly identified zoned mineralised hydrothermal quartz breccia system in the previously untested central eastern portion of the project.

"The hydrothermal quartz breccia system is open, already stretches over 1.8km, and the commenced program seeks to provide initial guidance on the down-hole extent and grade as plans are being advance to test further targets along strike."

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