Source: Kincora Copper                             Date: 08 September, 2011

Kincora Copper will take the Bronze Fox copper and gold project as part of its recent acquisition of 25 percent of Kincora Group. As a result, diamond drilling exploration operations will expand and Duchintav Khojgor will join the firm's board of directors.

Khojgor traded his 25 percent of Kincora Group, a separate entity from Kincora Copper, for 20 percent of Kincora Copper. As a result of the trade, exploration activities will expand for the Bronze Fox project. The site consists of 223.23 square-kilometers of land 140 kilometers northeast of Oyu Tolgoi, but on the same deposit of minerals.

The company completed 7,155 meters of diamond drilling within the central part of the license covering an area of 30-square kilometers since April this year. Highlights includes mineral deposits extending more than 900 meters in depth, the discovery of 3 new sites of interest, a third drilling rig, and the expansion of the geology team to five members.

"We are extremely pleased to have Duchintav Khojgor show his confidence in the Company and elect to convert his 25% direct interest in Bronze Fox into a stake in Kincora Copper,” said Stephen Fabian, Kincora Copper's president and chief executive officer. “We are also very excited by the results of the drilling which indicates that Bronze Fox has the potential to contain a large area of copper mineralization as well at the potential for significant gold resource. With the addition of the third drill rig we expect to complete more than 12,000 m of drilling before the end of the year."

Kincora Copper is a mining exploration and development company focused on copper and gold deposits in Mongolia.