Kincora strengthens board with new Chairman and Technical Director

  • 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.


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

Jan 10th


Brownfield Devonian open pit target advanced

Dec 20th  


Closes Oversubscribed Offering

Dec 7th    


Announced Private Placement, Debt Settlement

Nov 28th 


Re-registration of IBEX licenses achieved, field activities concluded

MINEX forum London presentation (audio recording and presentation)

Nov 22nd


Proactive Investors article: Kincora Copper now has a solid base from which to embark on a serious elephant hunt

Nov 18th 


Proactive Investors interview: Kincora Copper Ltd 'excited' by targets identified at Bayan Tal in Mongolia

Nov 17th 


Kincora outlines multi-target, multi-stage strategy for Tier 1 porphyry copper-gold exploration in Mongolia

New presentations: The leading expansion strategy along an emerging world class belt

Nov 14th 


Copper experts credited with multiple Tier 1 discoveries join Kincora's team

Nov 7th   


Closing achieved for Kincora consolidating the dominant landholding in the Southern Gobi copper (gold) belt


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

To view this news release in HTML formatting, please use the following URL:

For further information: Sam Spring, President and Chief Executive Officer, or +61431 329 345

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890