Fairholme Project
Located within the highly endowed and tightly held Cowal Igneous Complex (CIC)
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
Fairholme is situated adjacent/on strike to the Cowal mine gold corridor with Newmont earning-in drilling porphyry copper targets on the northern license boundary
Past Explorers
Kincora continues various discussions with potential new asset level partners
Following the re-rating of Waratah and LinQ Minerals’ (WTM.ASX and LNQ.ASX respectively) having exploration success rewarded at various analogue projects
Geophysics, target refinement and initial drilling completed at Fairholme in 2026. Independent geologist & Geomorphic AI reviews concluding
The programs are anticipated to create optionality for both sole funding and partnering opportunities in the future, increasing the scale of Kincora’s existing hybrid prospect generator funding model and support these projects being ascribed increased value