- Luke Leslie, instrumental in
the formation of Kincora, and its capital market and M&A
strategy since, appointed Non-Executive Chairman
- John Holliday, currently
Chairman of Kincora's Technical Committee, is appointed as
Independent Non-Executive Technical Director
- Changes strengthen the board and reflect the Company's
exploration and further expansion strategy
VANCOUVER, Feb. 1, 2017 /CNW/ - Kincora Copper Limited (the
"Company", "Kincora") (TSXV:KCC) announces the appointment of
Luke Leslie as Non-Executive
Chairman and John Holliday as an
Independent Non-Executive Technical Director, effective
immediately.
Luke is a seasoned natural resource specialist private equity
investor, with previous M&A and capital market transaction
experience, including having been based in Mongolia working on acquisitions in the mining
and metals sector. John has a track record of success in global
gold-copper deposit exploration, discovery and evaluation,
particularly with concealed porphyries such as those that the Oyu
Tolgoi-Tsagaan Suvarga copper belt is prospective for where Kincora
holds the dominant regional landholding.
The structure of Kincora's existing Board, Technical Committee
and Advisory Board otherwise remain unchanged following these
internal appointments. Further details on each of Luke and
John can be found in the attachment of this announcement.
Sam Spring, President and CEO
commented, "Luke and John have impressive track records in their
respective fields and I am confident the new internal positions
will only further support significant contributions to Kincora's
exploration and expansion strategies."
Luke Leslie, Non-Executive
Chairman added, "Kincora has opportunistically used the cyclical
commodities downturn to expand its footprint in Mongolia's prospective Southern Gobi copper
belt, advance its extensive proprietary geological database and
advance a number of prospective targets which warrant drill testing
this year.
The region is now being transformed through billions of
dollars of investment and new exploration activity, and we are well
positioned to benefit from these developments."
About Kincora
Kincora is a junior
resource company engaged in the acquisition, exploration and
development of mineral properties, with a focus on potential Tier 1
copper-gold projects in Mongolia.
ATTACHMENT
Mr. Luke Leslie
Non-Executive Chairman
Luke was instrumental in
the formation and capitalisation of Kincora in 2011/2012, its
capital market and M&A strategy since. He brings extensive
capital markets, transaction and advisory experience as a private
equity investor and previously as a corporate financier with UBS
Investment Bank's metals and mining team.
Luke has served as Chairman of Kincora's Audit Committee and
been a member of the Remuneration Committee since 2012. He is a
Director of Shanta Gold where he is
Chairman of Shanta's Remuneration Committee and a member of the
Audit Committee. Luke is a Director of Moly World, a private
molybdenum and tungsten developer in Mongolia and a Director of Origo Advisors
Limited.
Luke was based out of Ulaanbaatar between 2010 and 2012 and has
extensive experience in natural resource opportunities both
globally and in Mongolia. In
Mongolia, one of Luke's roles was
as co-Head of the Trafigura Origo Joint Venture which reviewed over
100 exploration licenses and over 30 mining licenses in addition to
the proprietary databases and exploration data which Kincora has
established since 2011.
Mr. John Holliday
Independent Non-Executive Technical Director, Chairman of the
Technical Committee
John has over 30 years' experience
in metals exploration mostly with BHP Minerals and Newcrest Mining,
including the positions of Chief Geoscientist and General Manager,
Property Generation and more recently in the junior sector. He was
a consultant geologist to Kincora from mid 2015, becoming Chairman
of the then newly formed Technical Committee in November 2016 (refer the press release: Copper
experts credited with multiple Tier 1 discoveries join Kincora's
team) before joining the board.
John was a principal discoverer and site manager of the
undercover Cadia and Marsden
porphyry Tier 1 gold-copper deposits in NSW, and was a principal
geological advisor on the acquisition of many significant projects,
including Namosi and Wafi-Golpu.
John has worldwide experience in gold-copper deposit
exploration, discovery and evaluation, with extensive experience in
exploration and discovery of concealed copper-gold porphyries such
as those that the Oyu Tolgoi-Tsagaan Suvarga copper belt is
prospective for.
John has a geophysics/geology honours degree from Macquarie
University and economics/politics degree from Sydney University. He is a member of the Australian
Institute of Geoscientists, the Australian Society of Exploration
Geophysicists and the Society of Economic Geology.
Recent news
flow
(all available at www.kincoracopper.com)
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Jan
10th
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Brownfield
Devonian open pit target advanced
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Dec 20th
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Closes
Oversubscribed Offering
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Dec
7th
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Announced Private
Placement, Debt Settlement
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Nov
28th
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Re-registration of
IBEX licenses achieved, field activities concluded
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MINEX forum London
presentation (audio recording and presentation)
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Nov
22nd
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Proactive Investors
article: Kincora Copper now has a solid base from which to
embark on a serious elephant hunt
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Nov
18th
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Proactive Investors
interview: Kincora Copper Ltd 'excited' by targets identified at
Bayan Tal in Mongolia
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Nov
17th
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Kincora outlines
multi-target, multi-stage strategy for Tier 1 porphyry copper-gold
exploration in Mongolia
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New presentations:
The leading expansion strategy along an emerging world class
belt
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Nov
14th
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Copper experts
credited with multiple Tier 1 discoveries join Kincora's
team
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Nov 7th
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Closing achieved
for Kincora consolidating the dominant landholding in the Southern
Gobi copper (gold) belt
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Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Kincora Copper Limited