Kincora Copper is focused on developing its Bronze Fox and Tourmaline Hills copper-gold projects in Mongolia. In 2012, Kincora plans to define a shallow open pit copper resource at Bronze Fox through a $5.2 million exploration program of drilling, geophysics, and soil sampling. The company aims to continue expanding its land holdings and define both high-grade copper resources at depth and potential gold targets across its large land package near major Oyu Tolgoi deposits. Kincora believes the projects have potential to host large porphyry deposits similar to Oyu Tolgoi given the extensive mineralization footprint discovered to date.