Kincora Copper Limited (TSX VENTURE:KCC) ("Kincora") announces the highlights
from its Q4 2011 drilling campaign:


The Q4 2011 results in this release provide further evidence that the Bronze Fox
project contains a very large area of copper and/or gold mineralization
(including sub zones of extensive and continuous copper mineralization). High
grade intersections in the drill core demonstrate the potential for a high grade
resource. Furthermore, the identification of new anomalies expands the number of
exploration targets; this will be discussed in an upcoming press release
containing Kincora's 2012 drilling program and strategy.


Commenting on today's announcement, Igor Kovarsky, President and CEO of Kincora,
said: "I am delighted to announce the results from the 2011 exploration campaign
which further demonstrate that Bronze Fox (Buyant license) hosts a large area of
copper and gold mineralization. Nearly all of the holes intersected
mineralization which is particularly encouraging given that drilling took place
over a significant area. The results revealed a number of targets along a
significant strike. Furthermore I am excited with the addition of newly
discovered gold zones and we look forward to expediting the 2012 exploration
campaign."


Between October and December 2011, a further 2,400m of diamond drilling was
completed, resulting in a total of 12,435m for the year across 23 holes. All
holes have received Au assay returns with a total of 12,133 core samples. There
are still 1,453 samples pending for Cu, Mo, etc. of ICP assays in the lab.


22 holes hit copper and/or gold mineralization and 14 of these contain
intersections of greater than 1g/t Au with the highest intersection hitting gold
grade of 8.39g/t. 




--  Dunlop Fox ("DF") (hole F47) has 6 separated 1m intervals with gold
    grade over 0.5g/t with the highest grade of 8.39g/t Au at 88m depth. 
    
--  In Sophie North ("SN"), a total of 5 holes were drilled this year and 4
    holes were previously drilled. All had gold mineralization; 3 of them
    contain greater than 1g/t Au (over intervals of 1-2m) with the highest
    grade of 2.48g/t (1m interval at 13m depth). 
    
--  Buchanan Heights ("BH"), (hole F33) returned associated Cu
    mineralization with the highest Cu grade of 1.88% Cu at 226m depth. 
    
--  In West Kasulu ("WK"), low grade Cu/Au mineralization exists extensively
    in all of the holes drilled. In addition, further higher grade Au and Cu
    was intersected 
    
    --  Hole F42 with intervals of over 1% Cu; and 
        
    --  Holes F48 and F49 with over 1g/t Au intervals. 



The soil geochemistry was sampled at a grid of 200m, the work concentration area
appears to have extensive Cu and Au anomalies; few of those anomalies
overlapping IP chargeability anomalies warrant further drill testing, including
the high gold soil anomalies over 0.3g/t Au in DF, and SN. Outside of the work
concentration area these anomalies are generally between 1,000m to 2,000m in
strike. More gold soil geochemistry anomalies have been identified, with a high
proportion in the southern part of the license some of which demonstrate grades
of over 1g/t Au. These anomalies either overlap VIP chargeability anomalies, or
are adjacent to high grade rock chips samples (up to over 20g/t Au).


A high resolution ground magnetic survey was completed over the whole license
area. A magnetite destruction feature area was identified in the southeast of
the license under younger cover sequence which overlaps with VIP chargeability
anomalies. There is a possibility that this is related to a potential alteration
system and warrants further geophysics follow up and potentially drill testing. 


Holes in SN and BH have demonstrated notable gold mineralization and are
scattered in a belt of over 4km striking east-west. While we are endeavoring to
locate the main economic copper mineralization zones over a large area of
mineralization, the emerging gold potential will be heavily accounted for in the
future work.


Table 1: Intervals with greater than 0.5% CuEq

(Holes F46, F47, F48, F49 only have partial assay returns received.)



----------------------------------------------------------------------------
              Hole                          Au      Cu            Mo    CuEq
Area            No  From    To           (g/t)     (%)         (ppm)     (%)
----------------------------------------------------------------------------
DF             F47    38    39            0.64                          0.42
          ------------------------------------------------------------------
               F47    43    44            2.07                          1.36
          ------------------------------------------------------------------
               F47    87    88            0.42                          0.28
          ------------------------------------------------------------------
               F47    88    89            8.39                           5.5
          ------------------------------------------------------------------
               F47   106   107            0.04   0.362             3    0.39
          ------------------------------------------------------------------
               F47   108   109            0.67  0.0122   less than 1    0.45
          ------------------------------------------------------------------
               F47   193   194            0.38                          0.25
          ------------------------------------------------------------------
               F47   303   304            0.35                          0.23
          ------------------------------------------------------------------
               F47   322   323            0.57                          0.37
          ------------------------------------------------------------------
               F47   368   369            2.28                          1.49
----------------------------------------------------------------------------
BH             F33    53    54            0.19    0.12   less than 1    0.24
          ------------------------------------------------------------------
               F33    54    55            1.12    0.33             3    1.07
          ------------------------------------------------------------------
               F33    65    66            0.28    0.05             1    0.24
          ------------------------------------------------------------------
               F33    67    68            1.34    0.02             2     0.9
          ------------------------------------------------------------------
               F33   201   202            0.55     0.3           140    0.72
          ------------------------------------------------------------------
               F33   205   206            0.36    0.16             5     0.4
          ------------------------------------------------------------------
               F33   226   227            4.21    1.88             9    4.64
          ------------------------------------------------------------------
               F33   244   245            0.45    0.21             1    0.51
          ------------------------------------------------------------------
               F33   300   301            2.01    0.48             6     1.8
          ------------------------------------------------------------------
               F33   341   342            0.19    0.18            29    0.31
          ------------------------------------------------------------------
               F40    80    81            0.16   0.104   less than 1    0.21
          ------------------------------------------------------------------
               F40   157   158            0.95  0.0689             1    0.69
          ------------------------------------------------------------------
               F40   292   293            0.28   0.184            10    0.37
          ------------------------------------------------------------------
               F40   319   320            0.86  0.0534             5    0.62
          ------------------------------------------------------------------
               F40   337   338            1.64   0.262             4    1.34
          ------------------------------------------------------------------
               F40   338   339            0.27    0.25             2    0.43
----------------------------------------------------------------------------
SN             F34    13    14            2.48  0.0281             4    1.66
          ------------------------------------------------------------------
               F34    14    15            1.76  0.0232   less than 1    1.18
          ------------------------------------------------------------------
               F34    17    18            0.47  0.0347   less than 1    0.34
          ------------------------------------------------------------------
               F34    21    22            0.79  0.0205   less than 1    0.54
          ------------------------------------------------------------------
               F34    24    25            0.61  0.0266   less than 1    0.43
          ------------------------------------------------------------------
               F34    70    71            0.73  0.0294   less than 1    0.51
          ------------------------------------------------------------------
               F34    74    75            0.32  0.0867   less than 1     0.3
          ------------------------------------------------------------------
               F34   104   105            0.25  0.0554   less than 1    0.22
          ------------------------------------------------------------------
               F34   184   185            0.21  0.0933   less than 1    0.23
          ------------------------------------------------------------------
               F36   301   302            0.44   0.017   less than 1    0.31
          ------------------------------------------------------------------
               F36   345   346            0.03   0.166            53    0.21
          ------------------------------------------------------------------
               F36   389   390            1.81  0.0381             2    1.23
          ------------------------------------------------------------------
               F36   391   392            1.57  0.0084             2    1.04
          ------------------------------------------------------------------
               F37    51    52            0.43  0.0946   less than 1    0.38
          ------------------------------------------------------------------
               F37    74    75            0.42   0.105   less than 1    0.38
          ------------------------------------------------------------------
               F37   182   183            1.54  0.0076   less than 1    1.02
          ------------------------------------------------------------------
               F45   114   115            0.32                          0.21
----------------------------------------------------------------------------
WK             F35     6     7            0.13   0.409   less than 1    0.49
          ------------------------------------------------------------------
               F35    35    36            0.06   0.223            38    0.28
          ------------------------------------------------------------------
               F35    41  41.5            0.46   0.321   less than 1    0.62
          ------------------------------------------------------------------
               F35  41.5    42            0.16   0.189             9     0.3
          ------------------------------------------------------------------
               F35    42    43            0.15   0.271             6    0.37
          ------------------------------------------------------------------
               F35   154   155  less than 0.01   0.287   less than 1    0.29
          ------------------------------------------------------------------
               F35   161   162            0.06   0.168            14    0.21
          ------------------------------------------------------------------
               F35   164   165            0.08   0.165             5    0.22
          ------------------------------------------------------------------
               F35   177   178            0.09   0.193             9    0.26
          ------------------------------------------------------------------
               F35   185   186            0.31  0.0475            10    0.25
          ------------------------------------------------------------------
               F35   187   188            0.07   0.241           215    0.37
          ------------------------------------------------------------------
               F35   242   243            0.01  0.0713           595    0.31
          ------------------------------------------------------------------
               F35   256   257            0.01    0.22             2    0.23
          ------------------------------------------------------------------
               F35   340   341            0.04   0.274            18    0.31
          ------------------------------------------------------------------
               F35   399   400            0.02   0.185             5     0.2
          ------------------------------------------------------------------
               F35   423   424            0.02   0.277            11    0.29
          ------------------------------------------------------------------
               F35   426   427            0.01  0.0399           546    0.26
          ------------------------------------------------------------------
               F35   427   428            0.01  0.0679           747    0.36
          ------------------------------------------------------------------
               F35   440   441            0.02   0.142           151    0.21
          ------------------------------------------------------------------
               F42     1     2            0.04   0.179             2    0.21
          ------------------------------------------------------------------
               F42    13    14            0.13   0.127             1    0.21
          ------------------------------------------------------------------
               F42    23    24            0.04   0.212             6    0.24
          ------------------------------------------------------------------
               F42    28    29            0.03   0.243             2    0.26
          ------------------------------------------------------------------
               F42   101   102            0.03   0.206            72    0.25
          ------------------------------------------------------------------
               F42   102   103            0.03   0.193            49    0.23
          ------------------------------------------------------------------
               F42   103   104            0.03   0.235            11    0.26
          ------------------------------------------------------------------
               F42   104   105            0.04   0.256            15    0.29
          ------------------------------------------------------------------
               F42   105   106            0.03   0.229            13    0.25
          ------------------------------------------------------------------
               F42   106   107            0.03   0.183             5     0.2
          ------------------------------------------------------------------
               F42   107   108            0.04   0.221            51    0.27
          ------------------------------------------------------------------
               F42   111   112            0.03   0.272            62    0.32
          ------------------------------------------------------------------
               F42   112   113            0.04   0.345            58    0.39
          ------------------------------------------------------------------
               F42   113   114            0.04   0.313            10    0.34
          ------------------------------------------------------------------
               F42   114   115            0.04   0.292           375    0.46
          ------------------------------------------------------------------
               F42   115   116            0.08   0.418            73     0.5
          ------------------------------------------------------------------
               F42   116   117            0.05   0.206            52    0.26
          ------------------------------------------------------------------
               F42   119   120            0.03   0.216             7    0.24
          ------------------------------------------------------------------
               F42   120   121            0.03   0.237            12    0.26
          ------------------------------------------------------------------
               F42   202   203            0.02   0.136           381     0.3
          ------------------------------------------------------------------
               F42   206   207            0.05    0.17           194    0.28
          ------------------------------------------------------------------
               F42   207   208            0.03   0.189            69    0.24
          ------------------------------------------------------------------
               F42   213   214            0.03   0.131           248    0.25
          ------------------------------------------------------------------
               F42   217   218            0.04   0.339            46    0.38
          ------------------------------------------------------------------
               F42   218   219            0.08     0.3            37    0.37
          ------------------------------------------------------------------
               F42   219   220            0.03   0.251            25    0.28
          ------------------------------------------------------------------
               F42   264   265            0.02   0.265            14    0.28
          ------------------------------------------------------------------
               F42   268   269            0.02   0.238            21    0.26
          ------------------------------------------------------------------
               F42   269   270            0.03    0.24            19    0.27
          ------------------------------------------------------------------
               F42   310   311            0.05   0.293             4    0.33
          ------------------------------------------------------------------
               F42   336   337            0.06   0.508            13    0.55
          ------------------------------------------------------------------
               F42   371   372  less than 0.01   0.345             2    0.35
          ------------------------------------------------------------------
               F42   406   407            0.02   0.245   less than 1    0.26
          ------------------------------------------------------------------
               F42   408   409            0.03   0.342             9    0.37
          ------------------------------------------------------------------
               F42   453   454            0.03   0.299   less than 1    0.32
          ------------------------------------------------------------------
               F42   459   460            0.02   0.208   less than 1    0.22
          ------------------------------------------------------------------
               F42   462   463            0.16     1.3             4    1.41
          ------------------------------------------------------------------
               F42   476   477            0.05   0.271   less than 1     0.3
          ------------------------------------------------------------------
               F42   479   480            0.04   0.226            20    0.26
          ------------------------------------------------------------------
               F42   482   483            0.03   0.335   less than 1    0.35
          ------------------------------------------------------------------
               F42   487   488            0.06   0.192   less than 1    0.23
          ------------------------------------------------------------------
               F42   494   495            0.04   0.196             1    0.22
          ------------------------------------------------------------------
               F42   516   517            0.05   0.536             3    0.57
          ------------------------------------------------------------------
               F42   571   572            0.02   0.213             3    0.23
          ------------------------------------------------------------------
               F42   572   573            0.04   0.341             4    0.37
          ------------------------------------------------------------------
               F42   581   582            0.02   0.198             1    0.21
          ------------------------------------------------------------------
               F42   597   598            0.06   0.256             4     0.3
          ------------------------------------------------------------------
               F42   598   599            0.03   0.235   less than 1    0.25
          ------------------------------------------------------------------
               F42   617   618            0.04   0.221             8    0.25
          ------------------------------------------------------------------
               F42   619   620            0.31    1.14             1    1.34
          ------------------------------------------------------------------
               F42   627   628            0.05    0.19             4    0.22
          ------------------------------------------------------------------
               F42   628   629            0.03   0.308   less than 1    0.33
          ------------------------------------------------------------------
               F42   630   631            0.02   0.202             3    0.22
          ------------------------------------------------------------------
               F42   633   634            0.14    1.18             5    1.27
          ------------------------------------------------------------------
               F42   634   635            0.06   0.718             2    0.76
          ------------------------------------------------------------------
               F42   635   636            0.06   0.324             2    0.36
          ------------------------------------------------------------------
               F42   636   637            0.06   0.397             2    0.44
          ------------------------------------------------------------------
               F42   640   641            0.03   0.304             2    0.32
          ------------------------------------------------------------------
               F42   647   648            0.02    0.21             6    0.23
          ------------------------------------------------------------------
               F42   668   669            0.04    0.18             2    0.21
          ------------------------------------------------------------------
               F42   669   670            0.05   0.428             2    0.46
          ------------------------------------------------------------------
               F42   679   680            0.02   0.192             1    0.21
          ------------------------------------------------------------------
               F42   680   681            0.13    0.67            17    0.76
          ------------------------------------------------------------------
               F42   681   682            0.03    0.31             3    0.33
          ------------------------------------------------------------------
               F42   693   694            0.06   0.173             2    0.21
          ------------------------------------------------------------------
               F42   694   695            0.01   0.352             2    0.36
          ------------------------------------------------------------------
               F44     2     3            0.06   0.322             1    0.36
          ------------------------------------------------------------------
               F44    12    13            0.03   0.877           973    1.27
          ------------------------------------------------------------------
               F44    15    16            0.03   0.211             4    0.23
          ------------------------------------------------------------------
               F44    16    17            0.03   0.194             8    0.22
          ------------------------------------------------------------------
               F44    17    18            0.04   0.201             3    0.23
          ------------------------------------------------------------------
               F44    18    19            0.04   0.263             3    0.29
          ------------------------------------------------------------------
               F44    19    20            0.06   0.285             2    0.33
          ------------------------------------------------------------------
               F44    20    21            0.04   0.181             3    0.21
          ------------------------------------------------------------------
               F44    25    26            0.05   0.182   less than 1    0.21
          ------------------------------------------------------------------
               F44    26    27            0.05   0.232             1    0.27
          ------------------------------------------------------------------
               F44    27    28            0.05    0.24             5    0.27
          ------------------------------------------------------------------
               F44    28    29            0.06   0.358            10     0.4
          ------------------------------------------------------------------
               F44    28    29            0.05   0.281            18    0.32
          ------------------------------------------------------------------
               F44    29    30            0.03   0.184             2     0.2
          ------------------------------------------------------------------
               F44    31    32            0.04    0.21             3    0.24
          ------------------------------------------------------------------
               F44    33    34            0.03   0.189             3    0.21
          ------------------------------------------------------------------
               F44    34    35            0.03   0.223             2    0.24
          ------------------------------------------------------------------
               F44    35    36            0.03   0.257             4    0.28
          ------------------------------------------------------------------
               F44    36    37            0.03   0.298             3    0.32
          ------------------------------------------------------------------
               F44    40    41            0.03   0.182             2     0.2
          ------------------------------------------------------------------
               F44    46    47            0.03   0.182             2     0.2
          ------------------------------------------------------------------
               F44    49    50            0.03   0.199             7    0.22
          ------------------------------------------------------------------
               F44    50    51            0.09   0.289            23    0.36
          ------------------------------------------------------------------
               F44    61    62             0.1    0.54             4    0.61
          ------------------------------------------------------------------
               F44    70    71            0.13    0.76             3    0.85
          ------------------------------------------------------------------
               F44    72    73            0.03   0.204             3    0.22
          ------------------------------------------------------------------
               F44    73    74            0.04   0.193             2    0.22
          ------------------------------------------------------------------
               F44    82    83            0.03   0.214             1    0.23
          ------------------------------------------------------------------
               F44    86    87            0.06   0.315             2    0.36
          ------------------------------------------------------------------
               F44    90    91            0.04   0.225             2    0.25
          ------------------------------------------------------------------
               F44    91    92            0.04   0.211             2    0.24
          ------------------------------------------------------------------
               F44   103   104            0.04   0.242             3    0.27
          ------------------------------------------------------------------
               F44   104   105            0.03   0.256   less than 1    0.28
          ------------------------------------------------------------------
               F44   105   106            0.03   0.196             7    0.22
          ------------------------------------------------------------------
               F44   115   116            0.03   0.192   less than 1    0.21
          ------------------------------------------------------------------
               F44   132   133            0.05   0.236   less than 1    0.27
          ------------------------------------------------------------------
               F46    64    65            0.42                          0.28
          ------------------------------------------------------------------
               F46    65    66            0.37                          0.24
          ------------------------------------------------------------------
               F46    67    68            0.43                          0.28
          ------------------------------------------------------------------
               F48   149   150            0.44                          0.29
          ------------------------------------------------------------------
               F48   158   159            0.55                          0.36
          ------------------------------------------------------------------
               F48   171   172            0.38                          0.25
          ------------------------------------------------------------------
               F48   190   191            1.06                          0.69
          ------------------------------------------------------------------
               F48   294   295            0.52                          0.34
          ------------------------------------------------------------------
               F48   299   300            0.31                           0.2
          ------------------------------------------------------------------
               F48   530   531            0.47                          0.31
          ------------------------------------------------------------------
               F49   113   114            0.37                          0.24
          ------------------------------------------------------------------
               F49   114   115            0.36                          0.24
          ------------------------------------------------------------------
               F49   115   116            1.17                          0.77
          ------------------------------------------------------------------
               F49   374   375            0.41                          0.27
----------------------------------------------------------------------------
Leca Pass                                                                   
 ("LP")        F39    56    57            0.34   0.124            12    0.35
          ------------------------------------------------------------------
               F39   134   135            0.03   0.211             4    0.23
          ------------------------------------------------------------------
               F39   153   154            0.05   0.176             6    0.21
          ------------------------------------------------------------------
               F39   204   205            0.08   0.148            13    0.21
          ------------------------------------------------------------------
               F39   211   212            0.02   0.204             7    0.22
          ------------------------------------------------------------------
               F39   220   221            0.02   0.263             4    0.28
          ------------------------------------------------------------------
               F39   228   229            0.04   0.422             5    0.45
          ------------------------------------------------------------------
               F39   256   257            0.09   0.142             8     0.2
          ------------------------------------------------------------------
               F39   303   304            0.02    0.23            13    0.25
          ------------------------------------------------------------------
               F39   304   305            0.02   0.345             3    0.36
          ------------------------------------------------------------------
               F39   347   348            0.24  0.0759             5    0.24
          ------------------------------------------------------------------
               F39   377   378            0.03   0.648            17    0.67
          ------------------------------------------------------------------
               F39   413   414            0.02   0.313            29    0.34
          ------------------------------------------------------------------
               F39   434   435            0.03   0.247   less than 1    0.27
          ------------------------------------------------------------------
               F39   437   438            0.05   0.245             4    0.28
          ------------------------------------------------------------------
               F39   446   447            0.01   0.227            13    0.24
          ------------------------------------------------------------------
               F39   466   467            0.25    0.04             8    0.21
          ------------------------------------------------------------------
               F39   476   477            0.03    0.18             8     0.2
          ------------------------------------------------------------------
               F39   486   487            0.12    0.17             3    0.25
          ------------------------------------------------------------------
               F39   494   495            0.02    0.25             2    0.26
          ------------------------------------------------------------------
               F39   515   516            0.34  0.0725             1     0.3
          ------------------------------------------------------------------
               F39   530   531            0.03   0.383             5     0.4
          ------------------------------------------------------------------
               F39   531   532            0.05   0.193            25    0.24
          ------------------------------------------------------------------
               F39   585   586            0.02   0.228            22    0.25
          ------------------------------------------------------------------
               F39   631   632            0.02   0.201            13    0.22
          ------------------------------------------------------------------
               F39   654   655  less than 0.01   0.423             3    0.42
          ------------------------------------------------------------------
               F39   655   656            0.01   0.434            10    0.44
          ------------------------------------------------------------------
               F39   656   657            0.01   0.267             3    0.27
          ------------------------------------------------------------------
               F39   656   657            0.01   0.258             5    0.27
          ------------------------------------------------------------------
               F39   657   658            0.02   0.612            12    0.63
          ------------------------------------------------------------------
               F39   658   659  less than 0.01   0.216            46    0.23
          ------------------------------------------------------------------
               F39   665   666            0.03   0.263             6    0.28
          ------------------------------------------------------------------
               F39   666   667  less than 0.01   0.325            58    0.35
          ------------------------------------------------------------------
               F39   675   676            0.02    0.19            10    0.21
          ------------------------------------------------------------------
               F39   678   679             0.1   0.167            23    0.24
          ------------------------------------------------------------------
               F39   680   681            0.06    0.45             5    0.49
          ------------------------------------------------------------------
               F39   686   687            0.03   0.219            30    0.25
          ------------------------------------------------------------------
               F39   700   701            0.01   0.275            15    0.29
          ------------------------------------------------------------------
               F39   704   705  less than 0.01   0.292           234    0.38
          ------------------------------------------------------------------
               F39   705   706  less than 0.01   0.135           181     0.2
          ------------------------------------------------------------------
               F39   707   708  less than 0.01   0.209             4    0.21
          ------------------------------------------------------------------
               F39   708   709  less than 0.01   0.226           140    0.28
          ------------------------------------------------------------------
               F39   710   711  less than 0.01   0.131           338    0.26
          ------------------------------------------------------------------
               F39   718   719  less than 0.01   0.168            85     0.2
          ------------------------------------------------------------------
               F39   721   722            0.03   0.556            60     0.6
          ------------------------------------------------------------------
               F39   723   724            0.04   0.164            49    0.21
          ------------------------------------------------------------------
               F41   163   164            0.02   0.187           622    0.44
          ------------------------------------------------------------------
               F41   188   189            0.05   0.122           211    0.24
          ------------------------------------------------------------------
               F41   189   190            0.03   0.237           143    0.31
          ------------------------------------------------------------------
               F41   198   199            0.61  0.0584            11    0.46
          ------------------------------------------------------------------
               F41   207   208            0.02   0.296            30    0.32
          ------------------------------------------------------------------
               F41   268   269            0.21  0.0876             8    0.23
          ------------------------------------------------------------------
               F41   287   288            0.01   0.385             3    0.39
          ------------------------------------------------------------------
               F41   315   316            0.02   0.203             2    0.22
          ------------------------------------------------------------------
               F41   320   321            0.15   0.363             4    0.46
          ------------------------------------------------------------------
               F41   321   322            0.03   0.553             7    0.58
          ------------------------------------------------------------------
               F41   322   323            0.04    0.29             6    0.32
          ------------------------------------------------------------------
               F41   323   324            0.03   0.244            11    0.27
          ------------------------------------------------------------------
               F41   324   325            0.02   0.241             9    0.26
          ------------------------------------------------------------------
               F41   325   326            0.02   0.216             6    0.23
          ------------------------------------------------------------------
               F41   329   330            0.04     0.2             9    0.23
          ------------------------------------------------------------------
               F41   332   333            0.06   0.176             5    0.22
          ------------------------------------------------------------------
               F41   367   368            0.13   0.157             5    0.24
          ------------------------------------------------------------------
               F41   391   392            0.01   0.455             2    0.46
          ------------------------------------------------------------------
               F41   417   418  less than 0.01   0.274             7    0.28
          ------------------------------------------------------------------
               F41   419   420            0.04    1.53            93    1.59
          ------------------------------------------------------------------
               F41   420   421            0.04   0.229             5    0.26
          ------------------------------------------------------------------
               F41   423   424             0.1   0.205             5    0.27
          ------------------------------------------------------------------
               F41   428   429            0.13   0.254             8    0.34
          ------------------------------------------------------------------
               F41   459   460            0.02   0.282             7     0.3
          ------------------------------------------------------------------
               F41   627   628             0.1   0.164             4    0.23
          ------------------------------------------------------------------
               F41   631   632            0.09   0.196   less than 1    0.25
          ------------------------------------------------------------------
               F43    30    31            0.04   0.292   less than 1    0.32
          ------------------------------------------------------------------
               F43    31    32            0.05   0.243   less than 1    0.28
          ------------------------------------------------------------------
               F43    31    32            0.05   0.223             2    0.26
          ------------------------------------------------------------------
               F43    89    90  less than 0.01    0.27   less than 1    0.27
          ------------------------------------------------------------------
               F43    90    91            0.02   0.587   less than 1     0.6
          ------------------------------------------------------------------
               F43   109   110            0.02   0.242   less than 1    0.26
          ------------------------------------------------------------------
               F43   110   111            0.02   0.218             5    0.23
          ------------------------------------------------------------------
               F43   125   126            0.13    1.25             1    1.34
          ------------------------------------------------------------------
               F43   126   127            0.02   0.212   less than 1    0.23
          ------------------------------------------------------------------
               F43   134   135            0.25  0.0423             2    0.21
          ------------------------------------------------------------------
               F43   135   136            0.86  0.0246             1    0.59
          ------------------------------------------------------------------
               F43   142   143            0.02   0.191   less than 1     0.2
          ------------------------------------------------------------------
               F43   152   153            0.01    0.21             1    0.22
          ------------------------------------------------------------------
               F43   211   212            0.03    0.25   less than 1    0.27
          ------------------------------------------------------------------
               F43   215   216            0.03    0.24             2    0.26
          ------------------------------------------------------------------
               F43   282   283            1.04  0.0735   less than 1    0.76
          ------------------------------------------------------------------
               F43   639   640            0.02   0.256   less than 1    0.27
          ------------------------------------------------------------------
               F43   682   683            0.66    0.03   less than 1    0.46
          ------------------------------------------------------------------
               F43   695   696            0.02   0.192   less than 1    0.21
          ------------------------------------------------------------------
               F43   748   749            0.02   0.192            11    0.21
          ------------------------------------------------------------------
               F43   767   768            0.02   0.257            11    0.27
          ------------------------------------------------------------------
               F43   767   768            0.02   0.222             2    0.24
          ------------------------------------------------------------------
               F43   771   772            0.01    0.23   less than 1    0.24
----------------------------------------------------------------------------



Note: CuEq calculated based on prices of: Cu: $3.8/lb, Au: $1,725/oz, Mo: $14.0/lb 

Qualified Person

The new drilling results in this news release and on Kincora's website and the
other scientific and technical information in this news release were prepared in
accordance with the standards of the Canadian Institute of Mining, Metallurgy
and Petroleum and National Instrument 43-101 - Standards of Disclosure for
Mineral Projects ("NI 43-101") and were reviewed, verified and compiled by
Kincora's geological staff under the supervision of John Rickus, a director of
Kincora, who is the Qualified Person for the purpose of NI 43-101.


About Kincora: 

Kincora Copper Limited is a mining exploration and development company focused
on copper-gold deposits in Mongolia. Its key asset is the Bronze Fox (Buyant
License) copper-gold deposit located in southeast Mongolia along the Oyu Tolgoi
copper belt. Bronze Fox (Buyant License) is located approximately 140km to the
northeast of the world-class Oyu Tolgoi copper-gold project, and is 250km from
the Chinese border.


To view the seven images associated with this release, please click the
following link: http://file.marketwire.com/release/kincora.pdf.


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