Cowal East Project

LOCATION
Macquarie Arc
SIZE
101km²
STAGE
Brownfield
FUNDING BY
Kincora | Atomionics
CATALYST(S)
Geophysics | New partnership
Historic / Nearby Production

Located within the highly endowed and tightly held Cowal Igneous Complex (CIC)

Proven Gold-Copper Endowment

The CIC is a world-class geological terrane hosting an estimated endowment of >20Moz gold and ~5Mt copper, including Evolution Mining’s flagship Cowal gold mine, which generated ~$3m/day in cash flow during the Dec’2025 quarter

TARGETS
Epithermal gold-base metal style mineralization
Porphyry related copper-gold

Past Explorers

OUTLOOK
01

Kincora has recently consolidated the immediate district increasing the foothold of the Cowal East project by 40%

Consolidated portfolio last held by Gold Fields with no fieldwork for over a decade

02

Relatively limited drilling has confirmed an intrusive-related gold system at Cowal East

03

A regional scale “traditional” ground gravity survey has been commenced with infill coverage over the main existing known prospect areas

04

Innovative new partnership with Atomionics (Mar’2026) for follow up next generation “quantum” ground gravity technology and AI interpretation (largely at their costs)