Final documents executed and shareholder approvals gained for an earn-in and joint venture agreement for Kincora's Mongolian assets with Woomera Mining Limited (ASX: WML) (Woomera)

Woomera to now commence an aggressive initial drilling program at the Bronze Fox copper-gold project including testing the potential for a shallower higher-grade structural zone and resource expansion drilling coupled with a second mining license conversion

Woomera has the right to spend up to US$4 million to earn an 80% interest

Kincora has received $100,000 in cash payments and will shortly be allotted 180m shares and 180 attaching options in Woomera, becoming Woomera's largest shareholder

Agreement allows Kincora to focus on the flagship NSW copper-gold projects located in highly prolific Macquarie Arc and follows the strategy of doing deals with funding and technical partners to unlock the value of the existing project pipeline see & read more on
https://www.newsfilecorp.com/release/225009/