Management Team

Mr. Jonathan (Sam) Spring

Since his executive involvement with Kincora, two equity offerings have been oversubscribed, a further two closed in 2016, and the Company’s balance sheet/corporate structure restructured. During this period Kincora has been one of the most active copper exploration groups in Mongolia, oxide development studies commenced, discussions advanced with industry investors, together with an active M&A strategy. This M&A strategy recently resulted in a regional consolidation with the IBEX transaction, creating the dominant landholding in the Southern Gobi copper belt at a time when other major groups are increasing their footprint and activities in this region.  

Sam lead industry lobby efforts with the Government of Mongolia for the resolution of the 106-exploration license dispute resulting in the return of Kincora’s two previously revoked licenses, and recently lead a second dispute resolution process with the Government. Prior to Kincora, Sam was recognised as one of the leading European Metals and Mining research analysts, having won the Association of Mining Analysts (UK) Equity Mining Analyst of the Year, with multi disciple financial service sector experience, including the Goldman Sachs Group.

He is a CFA Charterholder and a Chartered Accountant (ICAA). He earned his Bachelor of Commerce degree at the University of Melbourne.

Mr. John Holliday

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 before joining the board in late January 2017.

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 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.

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.


Peter has over 40 years’ experience in exploration mostly with BHP Minerals, with a particular focus on Base & Precious Metals, and PanAust Limited, where he was Regional Exploration Manager SE Asia and remains an Exploration Advisor.

Peter is a very hands on and target orientated front line leader who has been responsible for project generation, managing mineral exploration programs and regional offices/activities in multiple jurisdictions, resulting in multiple discoveries including the Tier 1 Reko Diq porphyry Cu/Au deposit, Crater Mountain epithermal Au/Ag and Mt. Bini (Kodu) porphyry Cu/Au deposits in Papua New Guinea, amongst others.


Peter managed the BHP Billiton office and exploration teams in Mongolia, which included the joint venture with Ivanhoe Mines (now Turquoise Hill Resources) to explore the Oyu Tolgoi belt for similar deposits, including flying the regional Falcon airborne gravity gradiometer survey, undertaking extensive Induced Polarization (IP) studies and target testing drilling.

Peter is a former Imperial College (M.Sc. mineral exploration) and Leicester University (B.Sc. Hons, geology) graduate.


Mr. Jackson is a Principal of BridgeMark Financial Corp., which provides corporate compliance, financial advisory, and financial reporting activities to public and private companies. Mr. Jackson also founded Jackson & Company, Chartered Accountants assisting private and public companies in a variety of industries with full service accounting, and tax services. Prior to his time at BridgeMark, Mr. Jackson spent a number of years working at Ernst & Young LLP and obtaining his CA designation before moving onto work as a senior analyst at a boutique investment banking firm. Mr. Jackson holds a Bachelor of Business Administration degree (B.B.A) from Simon Fraser University and the professional designation of Chartered Accountant (CA), where he is a member of the B.C. and Canadian Institute of Chartered Accountants. Most recently, Mr. Jackson has had extensive experience as a Director and CFO of numerous publicly traded corporations in the metals and mining industry.


Plus Minerals LLC, including Ms. Khashgerel Bat-Erdene and Mr. Imants Kavalieris, has been appointed an Advisor to the Technical Committee.

Imants has extensive experience in Mongolia and is recognized as one of the industry’s leading copper porphyry exploration geologists, having been involved in the exploration and delineation of the Oyu Tolgoi copper-gold porphyry deposits where he was one of the 6 executive exploration team, and has worked on some of the largest porphyry Cu-Au deposits in SE Asia.

Plus Minerals has considerable experience with both the Kincora and IBEX licenses, having provided consulting services to both entities over recent years, and additionally has a leading knowledge of other existing projects in Southern Gobi region.


Molor has over 10 years of base metal exploration and mining experience including roles with Trafigura, Erdene Resource Development and Solomon Resources, in Mongolia and Africa. Molor earned his Applied Earth Science qualification at Tokyo Institute of Technology and holds a Master of Science degree at Mongolian University of Science and Technology. Molor has extensive experience in all different stages of exploration and mining industry including structural geology mapping, prospecting, trenching, drilling, resource delineation and mobile plant operation. Molor joined Kincora in 2014 being involved in the drilling and trenching activities season.

Mike Woodbury

Mike is a successful geoscientist with a diverse and proven track record over >25 years. Mike has extensive experience in Mongolia since 2011 with Anglo American, Teck and Forbes & Manhattan, having completed regional to project scale reviews and due diligence, delivering technical strong reports with sound recommendations, as well as delivering field and work programs over a number of quality copper-gold-molybdenum projects.

Mike is a strong team player, has a proactive approach to promoting EH&S policies, setting high standards in all areas of exploration, conducting business in an honest and transparent manner, and seeking stakeholder engagement. Mike is a Fellow with the Australasian Institute of Mining and Metallurgy and Society of Economic Geologists, and member of the Australian Institute of Geoscientists. 

Tsolmon Amgaa

Tsolmon has over 20 years global minerals exploration experience coming from a geological household with both parents’ professional geologists and is fluent in Russian and English. After completing a Bachelor of Science degree in applied geology at the Mongolian Technical University, he began working with a number of Western-based junior exploration companies with active interests in Mongolia, including International Pursuit, Harrods Minerals and Batu Mining, before working with the majors, Vale and Teck as a Senior Geologist. Tsolmon has a strong knowledge of the Mongolian copper belts and interpretation of their geological controls and target models.

He has a Master of Science degree in geoinformation and earth observation at the International Institute for Geo-Information Science and Earth Observation (ITC) in Enschede, the Netherlands, and has been a researcher and lecturer in the School of Geology and Petroleum at the Mongolian University of Science and Technology (MUST).


In light of the IBEX transaction, increase in regional exploration efforts and current market conditions, the Remuneration Committee of Kincora has undertaken a review seeking to provide competitive packages to retain and attract key executives, align all senior executives/directors to the creation of value for shareholders and minimize the cash overheads of the Company.

As a result of such review Kincora proposes to issue shares to the senior executive management, the technical committee and independent directors of the Company on account of a significant portion of their remuneration under Shares for Services Agreements.  In this regard the Company proposes to issue annually shares having a dollar value of up to US$458,160 (CDN$603,000).  Such shares would represent over 70% of the total compensation to be paid to the senior executive management, the technical committee and independent directors of the Company and would be issued quarterly in arrears.

The proposed Shares for Services Agreements require TSX Venture Exchange acceptance and, as a condition thereof needs Disinterested Shareholder approval. The Company intends to seek Disinterested Shareholder approval by way of written consent.

It is acknowledged that any Shares issuable under the arrangements detailed above shall be issued at a deemed price equal to the greater of (i) the closing price of the Shares on the TSX Venture Exchange on the last trading day prior to the date such Shares are issuable and (ii) the volume weighted average price of the Shares traded on the TSX Venture Exchange for the 5 trading days immediately preceding the date such Shares are issuable, with a minimum deemed price of $0.05 per Share.