Kincora Copper has high hopes for Mongolian deposit - Proactiveinvestors (UK): "Kincora Copper's (CVE:KCC) flagship asset is the Bronze Fox deposit in Mongolia, which is in the same geological neighbourhood as the giant Oyu Tolgoi mine, just over 100 miles to the north-east.
Oyu Tolgoi is the world’s largest undeveloped copper deposit, which also contains an estimated 46 million ounces of gold.
It was discovered by Canada’s Ivanhoe Mines (TSE:IVN) and is being developed in partnership with Rio Tinto (LON:RIO).
Production is expected to reach 450,000 tonnes of copper annually from the open pit and underground mine that will chase the high grade copper core."
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