Kincora Consolidates, Commences Geophysics and Forms Partnership at Cowal East
View original at finance.yahoo.comKincora Consolidates, Commences Geophysics and Forms Partnership at Cowal East Expansion of tenure, commencement of sole-funded exploration and next-generation "quantum" gravity partnership at wholly owned Cowal East project within the highly prospective Cowal Igneous Complex of the Macquarie Arc Highlights 40% expansi…
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Despite its highly prospective setting and presence of a confirmed intrusive-related gold system, Cowal East has seen relatively limited drilling
80% confidenceGravio combined with ORE-O is on its way to develop the world's first Large Planet Model to enable mapping of critical resources of the Earth's crust
80% confidenceAtomionics sensors enable potentially 10x faster and much higher resolution surveys of the Earth's subsurface compared to traditional methods
80% confidenceAtomionics' ambition is to partner with Kincora and other explorers to save time and drilling budgets in accelerating the targeting, discovery and drill out phases
80% confidenceKincora's large and prospective Cowal East project provides an ideal testbed for comparative deployment of Atomionics' proprietary quantum-based Gravio system
80% confidenceAtomionics quantum gravity technology has the potential to significantly enhance subsurface imaging — faster, more cost effectively, and potentially with materially improved resolution
80% confidenceAtomionics estimates being able to potentially save up to 80% of exploration drilling costs for the metals exploration industry
80% confidenceEvolution Mining estimates Marsden's potential endowment pre being dismembered as 5Mt copper and 8-10Moz gold
80% confidenceThe Cowal Igneous Complex hosts Evolution Mining's flagship Cowal mine and the large Marsden porphyry system. It is tightly owned and has historically attracted significant exploration investment from major mining companies.
80% confidenceGround gravity surveys are a proven exploration tool in the Macquarie Arc, extensively used by Kincora and our earn-in partner AngloGold Ashanti
80% confidence