Kincora: Further Confirmation of New Discovery and Broad Intervals at Trundle Park

Highlights

Full assay results confirms hole TRDD029 as an important new geological discovery along the southern extension zone at Trundle Park:

- Cumulative gold and copper mineralisation across 196m returned in three skarn

zones in TRDD029, including:

- Upper Skarn: 36m @ 0.68 g/t gold and 0.29% copper

- Middle Skarn: 129m @ 0.17 gold and 0.12% copper, including:

- 34m @ 0.38g/t gold and 0.30% copper

Assay results for TRDD030, that intersected cumulative skarn of ~250m, along with quartz-carbonate-chalcopyrite vein sets in the Middle Skarn, expected in 3 weeks
Most recent hole TRDD031 has intersected cumulative skarn of >100m, below potassic alteration within quartz veining comprising tourmaline-bornite-chalcopyrite in volcanics
Tabular, bedded, mineralised skarn system across three zones confirmed over >240m strike (and open), with estimated true width of up to 120m
Skarn mineralization and quartz sulphide veining in overlying volcanics from holes TRDD029, TRDD030 and TRDD031 provide important geological and mineral vectors for the targeted causative intrusive porphyry source
Hole TRDD032 commenced following up these vectors which are coincident with a wider north-south mineralised corridor and magnetic low
Air-core drilling program of 50 holes for 1,550 metres complete, testing the wider intrusive complex and extent of identified anomalous copper-gold mineralisation at open pit target depths to the north of Trundle Park

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