HONG KONG, Oct 9, 2024 - (ACN Newswire via SeaPRwire.com) - Adhering to high-quality development and following a green, low-carbon path has become a consensus among Chinese enterprises for sustainable development. At the end of 2022, the Communist Party of China (CPC) Central Committee and the State Council issued the "Outlines of the Strategic Plan for Expanding Domestic Demand (2022-2035)," which clearly stated the need to "promote the high-end, intelligent, and green transformation of the manufacturing industry." As one of China's high-end manufacturing sectors, the green building industry plays a crucial role in promoting a low-carbon economy, addressing climate change, and achieving low-carbon development.As a global leader in environmental engineering technology, Yee Hop Holdings Limited ("Yee Hop Holdings," 1662.HK) has been committed to exploring the use of new technologies to tackle environmental issues and challenges, achieving a virtuous cycle of symbiotic development between enterprises and the environment. Recently, Absolute Pure EnviroSci Limited’s ("APEL", a subsidiary of Yee Hop Holdings), wholly-owned subsidiary Guangzhou Absolute Pure EnviroSci Limited ("Guangzhou Absolute Pure") collaborated with Guangzhou Guofa Building Technology Co., Ltd. ("Guangzhou Guofa," a wholly-owned subsidiary of Guofa Environmental New Materials (Jiangmen) Co., Ltd.,) to establish and operate a joint venture in the Chinese mainland and the Hong Kong Special Administrative Region. Together, they will develop ERC eco-friendly, multi-functional new materials, focusing on eco-friendly building materials, new construction materials, to protect the health of humans and pets, aiming to gain recognition in domestic and international markets, promote the sustainable development of green buildings, and contribute to the low-carbon transformation and carbon neutrality development in Hong Kong and the Greater Bay Area.On 24 September, Dr. David Chung, Chairman of APEL, was invited to attend the Nansha Environmental Protection Industry Development Symposium and Signing Ceremony. In the presence of leaders, guests, and representatives from various sectors, Dr. David Chung, and Dr. Chen Weiguang, representative of Guangzhou Guofa and Director of Guofa Environmental New Materials (Jiangmen) Co., Ltd. signed the cooperation agreement. Leaders and guests in attendance included: Ms. Ruan Xiaohong, Standing Committee Member of the Nansha District Party Committee, Mr. Yu Jianfeng, Deputy Director General of the Hong Kong-Macao Affairs Office of Nansha Development Zone, Tan Xiao, Deputy Director of the Division of Solid Waste of the Department of Ecology and Environment of Guangdong Province, Ms. Karen Wong, Marketing Executive of the Hong Kong Trade Development Council, Mr. Ben Yeung, Chairman of Ben Yeung & Associate Limited, Ms. Stephanie Wong, Partner of Gravity Capital Partners Company Limited, Dr. Han Wei, Research Associate Professor, Division of Environment and Sustainability, The Hong Kong University of Science and Technology, Mr. Zhang Jian, President of the Guangdong Wardrobe Industry Association and Chairman of Paterson, and Mr. Neo Zhong, Executive Director of Germagic Biochemical Technology, etc.On 24 September, Dr. David Chung, Chairman of APEL (second from the left), signed a cooperation agreement with Dr. Chen Weiguang, representative of Guangzhou Guofa and Director of Guofa Environmental New Materials (Jiangmen) Co., Ltd. (third from the left) at the Nansha Environmental Protection IndustryDevelopment Symposium and Signing Ceremony.(From left to right) Mr. Ben Yeung, Chairman of Ben Yeung & Associate Limited, Ms. Karen Wong, Marketing Executive of the Hong Kong Trade Development Council, Ms. Stephanie Wong, Partner of Gravity Capital Partners Company Limited, and Dr. David Chung, Chairman of APEL, discussed topics related to eco-friendly buildings and investment.(From left to right) Dr. Han Wei, Research Associate Professor, Division ofEnvironment and Sustainability, The Hong Kong University of Science and Technology, Mr. Zhang Jian, President of the Guangdong Wardrobe Industry Association and Chairman of Paterson, Mr. Neo Zhong, Executive Directorof Germagic Biochemical Technology, and Dr. David Chung, Chairman of APEL, discussed the importance of eco-friendly materials for human and pet health.The "Nansha Cooperation Agreement" (hereinafter referred to as "the Agreement") focuses on the following key points:Setting Scientific Carbon Reduction Goals for the Construction IndustryAccording to the Agreement, both parties will establish and operate a joint venture (hereinafter referred to as “the Joint Venture”) in the Chinese mainland and the Hong Kong Special Administrative Region. The Joint Venture will be registered in both the Chinese mainland and the Hong Kong Special Administrative Region, ensuring compliance with local laws and regulations and obtaining the necessary operating licenses.In terms of quality enhancement, both parties will jointly invest resources to develop ERC eco-friendly, multi-functional new materials. These products will primarily be applied to eco-friendly building materials and new construction materials, aiming to improve the environmental performance and health standards of buildings, promote innovation and development in the construction industry, and achieve new quality productive forces, providing more eco-friendly options for future construction projects.In terms of market expansion, the Joint Venture will actively explore domestic and international markets, aiming for extensive market recognition and promoting products through various channels, including exhibitions, industry forums, and online platforms. This collaboration marks an in-depth cooperation between the two companies in the field of green technology, aiming to address the environmental challenges faced by the construction industry and achieve positive results in industrial optimization and upgrading, cooperating with relevant industry associations and government departments to promote the formulation and implementation of green building standards.In terms of efficiency enhancement, the new products will not only focus on environmental protection but also pay special attention to the health of humans and pets. The Joint Venture will conduct rigorous product testing to ensure safety and effectiveness, and the development of eco-friendly, multifunctional new materials can lower costs, improve the environmental performance and resource efficiency of construction projects, and contribute to a more systematic and comprehensive consideration of the development process of carbon neutrality.Comprehensive Cultivation of Low-Carbon Awareness to Support Carbon Neutrality GoalsDr. David Chung, Chairman of APEL, summarized, "The results of this cooperation project are of great significance for the development of Hong Kong and the Greater Bay Area. This is not only an important step for us in the field of green buildings; the project is dedicated to promoting the low-carbon transformation of Hong Kong and the Greater Bay Area, helping to achieve carbon neutrality goals. This will contribute to environmental protection and ecological balance in the region, enhancing overall environmental quality. The establishment and operation of the Joint Venture will drive the development of related industries, create job opportunities, and promote economic growth; the successful promotion of the project will also attract more investment, further advancing regional economic development.As the demand for green real estate and property management services increases among RCEP member countries, we will strengthen cooperation with various sectors in the region. By expanding domestic and international markets, the project will enhance Hong Kong and the Greater Bay Area's position and influence in the international environmental protection industry, increasing regional competitiveness and innovation capability. At the same time, this project pays special attention to the health of humans and pets by developing safe and eco-friendly building materials to improve the health standards of living environments. This will help enhance residents' overall health and reduce health risks. Overall, this project not only promotes the development of the environmental protection industry but will also make significant contributions to the sustainable development and low-carbon transformation of Hong Kong and the Greater Bay Area."About APELAbsolute Pure EnviroSci Limited (APEL), an indirect non-wholly owned subsidiary of Yee Hop Holdings Limited, a company listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 1662.HK), with a mission to improve the quality of life and living environment, is principally engaged in the business of distribution, research and development of specialty biomedical and biochemical products. APEL looks forward to working with researchers who aspire to help the green industries in Hong Kong grow, contributing together to the city and the Greater Bay Area’s low- carbon transformation and advance towards carbon neutrality, and also give the city impetus to pursue reindustrialization vital to her long-term prosperity.For media enquiries, please contact:Avy YuEudice LawTel: +852 9500 4443Tel: +852 9326 1113Email: avy.yu@ajacapital.com.hkEmail: eudice.law@ajacapital.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

Dhaka & Singapore, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - Summit LNG Terminal II Co Ltd (“SLNG II”), a unit of Summit Group, has urged the Government of Bangladesh to reverse its decision to terminate the third Floating Storage and Regasification Unit (“FSRU”) project in the country.SLNG II said it had received a notice from the Bangladesh Oil, Gas & Mineral Corporation (“Petrobangla”) on 7 October notifying the termination of the project situated at Moheshkhali in Cox’s Bazar.The Moheshkhali terminal (“2nd FSRU”) in southeast Bangladesh is the second floating gas terminal project undertaken by Summit Group with a planned regasification capacity of 600 million standard cubic feet per day.In response to media queries, SLNG II wishes to clarify the following: 1) In late 2020, the Government of Bangladesh made a strategic decision to transition from coal-fired power generation to natural gas, a cleaner energy source. The initiative was also aimed at boosting gas supply to ensure energy security and support industrial growth. Summit Group submitted a proposal on 11 October 2021, to implement a FSRU on a Build, Own, Operate, and Transfer (BOOT) basis. The proposal was approved by the Cabinet Committee on Economic Affairs on 14 June 2023.The approval followed two years of extensive negotiations and consultations with international law firms to address the contractual and technical challenges.2) Summit, in collaboration with Petrobangla and Rupantarita Prakritik Gas Company Limited (“RPGCL”), finalized the Terminal Use Agreement (“TUA”) and Implementation Agreement (“IA”) on 12 October 2023. These were legally vetted and approved by the Cabinet Committee on 12 December 2023.3) SLNG II signed the TUA and IA on 30 March 2024 with Petrobangla and Government of Bangladesh (“GoB”) for the 2nd FSRU. On the same day SLNG II also signed a long-term Sale and Purchase Agreement (“SPA”) to supply 1.5 million tonnes of liquefied natural gas (“LNG”) to Petrobangla, starting in October 2026.4) To fulfil the initial conditions precedent (“CPs”) of the agreements signed on 30 March 2024, SLNG II has to date committed investments of approximately USD 15 million to implement the 2nd FSRU.5) The termination notice received on 7 October 2024 was issued on the basis that the agreements signed on 30 March 2024 had not become effective as a performance bond was not submitted within 90 days as stipulated, i.e. on 28 June 2024. SLNG II said that as that date fell on a Friday (not a banking day in Bangladesh), the performance bond was delivered on the next possible working day, with acknowledgement by Petrobangla.6) SLNG II’s lawyers have confirmed that SLNG II had not breached any CPs of the agreements of 30 March 2024. Even if any CP was delayed, Petrobangla did not notify SLNG II within the agreed 30-day window and had therefore deemed the CP as accepted.“SLNG II is owned by Summit Power International Limited (“SPIL”), the largest private sector investor in energy in Bangladesh with a proven track record of developing long-term infrastructure projects in a responsible and transparent manner. SPIL has stated that our investments have helped to catalyse foreign direct investment (“FDI”) into Bangladesh. We respectfully urge the Government of Bangladesh to uphold the sanctity of contracts and to ensure that investors' rights are protected and treated fairly and equitably,” SPIL said.Media ContactWeR1 Consultants Pte LtdIsaac Tang and Shindy KaurWhatsApp (Text): (+65) 9748 0688summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.

IBG's award-winning Australian Bitters, the first bitters to be sold by Sysco, is now available through Sysco.com, SyscoMarketplace.com, and SuppliesontheFly.comMarks expansion of IBG's sales channels for Australian Bitters in the U.S. beyond traditional alcohol distributors and into the foodservice categoryU.S. is the largest bitters market by volume in the $11 billion global bitters market which is expected to grow to $14 billion by 2030SEVEN HILLS, AUSTRALIA, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Ltd, ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today that through its U.S. distributor, Buettner Global Services, a provider of high performance sourcing, procurement, and supply chain management, IBG's Australian Bitters is now available nationwide in the United States through Sysco.Sysco, the global leader in foodservice distribution, sells, markets, and distributes food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home. The company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations.IBG's flagship product, Australian Bitters, is hand crafted in small batches in Australia from the finest natural botanical herbs and spices. Australian Bitters won the Gold Medal at the Los Angeles Spirts Awards and is available in every major U.S. city.Accounting for 40% of the global bitters market by volume, the U.S. is the most valuable bitters market in the world, with Australia being second, representing 13% of the global market by volume."We are very excited to expand availability of our award-winning Australian Bitters brand to the world's largest market, and with the largest food distributor. With a shared commitment to quality and customer satisfaction, Sysco, brings extensive industry experience and a robust distribution network. Together, we aim to make Australian Bitters more accessible to restaurants, bars, and consumers across the United States," commented IBG's Chief Executive Officer, Dean Huge.About Innovation Beverage GroupInnovation Beverage Group is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG's brands include Australian Bitters, Bitter Tales, Drummerboy Spirits, Twisted Shaker, and more. IBG's most successful brand to date is Australian Bitters, which disrupted a 200-year-old market leader, giving the Company a market dominating position in several territories including a partnership in Australia with Coca-Cola Europacific Partners. Established in 2018, IBG's headquarters, distillery, innovation, and manufacturing facility are located in Sydney, Australia with a U.S. sales office is located in New Jersey. For more information visit: https://www.innovationbev.com/Forward Looking StatementThis press release contains "forward-looking statements" and "forward-looking information." This information and these statements, which can be identified by the fact that they do not relate strictly to historical or current facts, are made as of the date of this press release or as of the date of the effective date of information described in this press release, as applicable.The forward-looking statements herein relate to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "envisages," "assumes," "intends," "strategy," "goals," "objectives" or variations thereof or stating that certain action events or results "may," "can," "could," "would," "might," or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) and include, without limitation, statements with respect to projected financial targets that the Company is looking to achieve.All forward-looking statements are based on current beliefs as well as various assumptions made by and information currently available to the Company's management team. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections, and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution any person reviewing this press release not to place undue reliance on these forward-looking statements as several important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions, and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur.The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Company or on behalf of the Company except as may be required by law.Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comContact InformationJohn McNamaraInvestor Relationsjohn@tradigitalir.com917-658-2602SOURCE: Innovation Beverage Group Copyright 2024 ACN Newswire via SeaPRwire.com.

WATERLOO, ONTARIO, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - BlackBerry Limited (NYSE:BB)(TSX:BB), today unveiled new research highlighting the mounting pressure on software engineers and developers to balance rapid innovation with safety and security. The comprehensive survey of 1,000 embedded software developers and engineers from around the world revealed the growing tension between meeting tight project deadlines and maintaining functional safety, with 75% of respondents acknowledging that urgency often forces them to compromise on key safety requirements.Widespread Frustration Leads 74% of Developers to Consider Switching Operating SystemsWhile developers cite security (54%), cost control (52%) and safety certifications (48%) as their ‘top' considerations when selecting an operating system, the survey also highlights significant downstream challenges in each of these areas that have made the vast majority (74%) of respondents open to changing their existing OS. Indeed, of those required to meet international safety standards, 61% say it is extremely or very challenging to meet these specific standards with their current OS. Security concerns (36%) and lackluster performance issues (28%) are the two main reasons respondents are considering changing their current OS.Open-Source Platforms Preferred Yet Fall Short on Safety StandardsOpen-Source operating systems are the preferred foundational platform for almost half (44%) of developers, with an additional 25% indicating no preference for either Open-Source or proprietary offerings. Open-Source platforms are often adopted within development environments due to widespread familiarity with the technology and their open availability, but critically, they do not carry the same safety certifications as many proprietary options which go through rigorous verification and testing to achieve; validating and verifying each stage of the development process to ensure stringent international safety requirements are met."As we enter the era of 'Software-Defined Everything,' where devices and infrastructure increasingly rely on software for operations, new features, and innovation, the importance of functional safety (FuSa) and security are paramount," said John Wall, SVP and Head of BlackBerry QNX. "While 90% of organizations surveyed recognize this as a priority, developers are under growing pressure to meet deadlines and budgets, which is why pre-certified software is so important to enabling organizations to not only meet their goals but do so without compromise."Safety Certification Gaps Cause Costly Delays and Compliance IssuesWorryingly, the survey also revealed that nearly a third (31%) of all respondents admitted that their OS lacked the necessary safety certifications or only had ‘some' of them covered. This gap has no doubt contributed to delays for two-thirds of organizations as they grapple with the complexity, time, and cost-averaging $591,000 and 154 hours of company resources-needed to meet evolving safety standards.Security Vulnerabilities and Breaches Lead to Project DelaysSecurity also remains a pain point for developers, particularly for Open-Source operating systems, which are more likely to experience a breach (46% vs. 40% for proprietary systems). Of those who have encountered a security breach or vulnerability in their OS, 72% reported delays in project timelines directly due to security vulnerabilities, further exacerbating the challenges of maintaining both innovation and robust, secure systems."To thrive in a software-driven world, developers need an OS that prioritizes safety and security," added Wall. "Pre-certified, secure-by-design solutions allow teams to focus on innovation rather than troubleshooting. Choosing the right OS can significantly transform your business by minimizing headaches and enhancing efficiency."Other key findings include:While 73% of organizations prioritize operating system security, the frequency of applying security patches varies, with a notable average of 5 weeks between updates.Operating system issues can have a significant impact on project timelines, with 34% of organizations reporting that they have missed deadlines due to OS-related problems, with the average delay globally being one month.For more information on how BlackBerry QNX's portfolio of embedded software solutions can help accelerate safety-certification, ensure reliability and reduce development time, visit BlackBerry QNX.Methodology: Research was conducted in from July to September by Coleman Parkes and commissioned by BlackBerry QNX, surveying 1,000 embedded software developers and engineers across North America (USA and Canada), Europe (UK, France, and Germany), and APAC (Japan, South Korea).About BlackBerryBlackBerry (NYSE:BB)(TSX:BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 235M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.Media Contacts:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.comSOURCE: BlackBerry QNX Copyright 2024 ACN Newswire via SeaPRwire.com.

SANTA BARBARA, CA, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - ZeroBounce today announces its latest product, an email warmup tool helping companies improve deliverability and email marketing ROI. This new addition to ZeroBounce's email validation and deliverability toolkit is especially helpful to sales professionals across all industries.ZeroBounce email warmup toolZeroBounce Warmup gradually repairs, builds, and maintains a positive sender reputation for new or tarnished email accounts, ensuring that emails can arrive in the inbox rather than landing in spam.The tool automates the warmup process by emulating existing sending patterns and slowly increasing the number of emails sent. It also simulates authentic, organic engagement by factoring in essential details like current engagement, prior sending habits, time zones, and more. Sales professionals and marketers can thus establish a better reputation with email service providers and land more emails in the inbox."Email deliverability is the backbone of any successful email program, and IP warming plays a crucial part in it," said Liviu Tanase, founder and CEO of ZeroBounce. "Our new email warmup tool gives businesses a powerful way to boost their inbox placement and ROI. Paired with our email verifier and deliverability toolkit, ZeroBounce Warmup helps every sender build trust with inbox providers."ZeroBounce's email warmup tool allows users to customize their email warmup process. Whether a company is launching a new domain, scaling up its email volume, or recovering from deliverability issues, the tool's flexible engagement rules help email performance.Default: A standard email warmup process gradually increasing interaction volume and ensuring a smooth transition to full-scale email engagements.Slow Pace: Ideal for new domains or IPs, this rule adopts a cautious approach and increases interaction to build trust with email providers.Repair: Designed for domains or IPs with deliverability issues, this rule helps restore sender reputation and credibility by focusing on targeted interactions.Boost: Perfect for established senders, this rule amplifies interaction volume during peak periods to boost engagement metrics.Protect: For businesses with consistent email performance, this rule maintains a steady pace of interaction for high inbox placement and click rates.ZeroBounce's email warmup services support sales pros and businesses at every stage of their email marketing journey and help them reach their audience. For more information about ZeroBounce Warmup, visit https://www.zerobounce.net/services/email-warmup.About ZeroBounceZeroBounce is an award-winning email validation, deliverability, and email-finding company that helps businesses improve their email performance. With a focus on accuracy, security, and customer support, ZeroBounce is the go-to choice for more than 350,000 customers worldwide.ZeroBounce's 99% accurate email validation service helps senders prevent bounces and maintain a good reputation. ZeroBounce's email deliverability toolkit further supports companies in reaching the inbox. Email Finder provides professionals with valid business email addresses to enhance their email outreach efforts, while DMARC Monitor helps organizations enhance domain security.For more information, visit https://www.zerobounce.net.Contact InformationCorina LesliePR Managersupport@zerobounce.net+1-888-500-9521SOURCE: ZeroBounce Copyright 2024 ACN Newswire via SeaPRwire.com.

Partner funded programs support ~11,000 metres drill testing up to thirteen large-scale copper-gold porphyry targets before year-endDrilling commenced at the Nyngan Project with earn-in partner AngloGold Ashanti Australia (AngloGold Ashanti)New district-scale potential with initially up to eight large intrusive complex targets to be drill-tested for the first timeIncludes one existing high priority target covered by a Fleet Space Technologies Pty Ltd's (Fleet Space) Ambient Noise Tomography (ANT) and gravity geophysical surveys with final interpretations pending6 to 8 drill holes for 4000-5000 metres planned before year endKincora is managing the program and will receive a 10% management feeFirst drilling program by Kincora in partnership with AngloGold AshantiNeighboring explorer drilling recommenced at the Duck Creek target adjacent to the Nyngan Project by Inflection Resources (Inflection) (in partnership with AngloGold Ashanti) following encouraging results, including intense hydrothermal alteration and sulphide mineralisation ~1.4km from license boundary 1Second phase drilling program commenced at the Cundumbul Project by Exploration Alliance partner Earth AI Pty Ltd (Earth AI) with step out diamond drilling5 drill holes for up to 3000 metres testing three targets scheduled to be drilled and reported before year endUp to $4.5m to be spent by Earth AI and up to 3% royalty earnt upon new drilling discovery (qualifying intersection), with Kincora retaining 100% project ownershipDrilling commenced at the Bronze Fox Project in Mongolia by Woomera Mining Limited (Woomera) testing the potential for a shallower higher-grade structural zone and resource expansion drilling coupled with a second mining license conversionApproximately 2250-3250 metres is planned before the winter year end breakIncludes a 900m deep hole stepping out testing the up dip and higher grade potential within an interpreted structural corridor to previous hole F62 which returned 929m @ 0.37% CuEq, including 318m @ 0.53% CuEq and 37m @ 1.01% CuEq 2Kincora is Woomera's largest shareholder and retains attractive asset level exposure to the Bronze Fox Project via an earn-in and joint venture agreementFurther value enhancing deals are proposed Review of new wholly owned Nevertire South Project confirms standout priority drill targetsDiscussions with potential technical and funding partners are progressingMelbourne, Australia--(ACN Newswire via SeaPRwire.com - October 8, 2024) - Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to provide an exploration update with partner funded drilling programs commencing across three of Kincora's portfolio of thirteen copper-gold projects and following a very favourable review of the newly secured Nevertire South Project.The ramping up of these programs marks an exciting transition point in the Company's strategy to create shareholder value through securing highly prospective projects in exploration and mining hotspots, executing deals with technical partners, securing partner funding to advance drilling and seeking to make globally significant discoveries.Sam Spring, President and CEO of Kincora commented: "Recent deals with four industry partners unlock up to $60 million of multi-year funding and we are transiting to a very exciting period with initial field activities now ramping up. These deals provide clear technical endorsement of, and value parameters for, these and our other wholly owned Kincora projects.Kincora shareholders now have immediate exposure to up to 11,000m of drilling before year-end across three projects and testing up to 13 large-scale porphyry targets.Kincora continues to seek to work with existing and new technical and funding partners to apply industry leading exploration techniques to systematically advance and de-risk our highly prospective large-scale project pipeline of porphyry targets.We are not finished. More deals, partnerships and projects with a clear value path are proposed.Our recent review of the new Nevertire South Project has been extremely positive supporting what we believe is the most attractive geologically supported target in the covered extensions of the Macquarie Arc. Other comparable earlier stage and higher risk projects have recently attracted five partner deals and potentially over $300m in exploration expenditure."Standout drill targets at the new Nevertire South Project(Macquarie Arc, Australia)Pegged as open ground, Kincora recently secured three bolt-on licenses covering a total of 1,377km2 (100% ownership), including the Nyngan West, Nyngan South and Nevertire South Projects. This creates a continuous north-south strike extent of over 100km of the Northern Junee-Narromine Belt (NJNB), including the Nyngan and Nevertire Projects - see Figure 1.Of particular note was securing the Nevertire South Project (962km2), which consolidates the southern section of the Nevertire Magmatic Complex (NMC). Previous explorer drilling on the southern third of the NMC has returned anomalous mineralisation, favourable fertility, geochemical zonation and alteration confirming a copper-gold porphyry system setting with age dates confirming a prospective Phase 4 Macquarie Arc intrusive complex.Figure 1: Existing geophysics and limited drilling to date supports Kincora and AngloGold Ashanti's interpretation that the Northern Junee-Narromine Belt hosts the potential for multiple new composite volcanic and intrusive complexes with analogous aeromagnetic signatures and intrusive level cross arc structures to other Macquarie Arc porphyry complexes (eg Cadia, Cowal, Boda-Kaiser, Marsden etc) The Macquarie Arc is a proven Tier 1 terrane and Australia's foremost copper porphyry belt hosting a number of world-class mines in the southern, more exploration mature, of the Arc hosting over 160Moz gold equivalent endowmentTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/225944_figure1.jpgKincora has recently secured three prior Newcrest drill holes from the Cadia mine site for the Nevertire South Project. Relogging of these holes has been undertaken by Kincora's Technical Director, John Holliday, significantly upgrading the Project.The review of these holes, we believe the first since that of Newcrest's in 2006-09, supports Newcrest's previous view that its limited drilling "has identified lithologies, alteration and veining consistent with a setting similar to the Cadia-Ridgeway and Goonumbla porphyry Cu-Au deposits" 3.Subsequent age dates have confirmed an analogous setting to the Cadia and Northparkes/ Goonumbla deposits. Kincora's review confirms that the best of these prior holes (ACDNY006) has not been followed up despite a very encouraging intersection of anomalous copper mineralisation (from basement to end of hole), veining and magnetite alteration situated in a highly prospective high volcanic-hosted level.In Kincora's view this supports Nevertire South being the most advanced porphyry project and most attractive geologically supported target in the covered northern extension of the Macquarie Arc, and noting an untested strike for over 8km from these favorable prior drill results within the NMC. A priority drill program has been designed, including the ambition to either discover or create a vectoring pattern to a possible deposit stepping out from ACDNY006.Earlier stage targets in the Macquarie Arc have recently attracted five major earn-in/option and joint venture agreements supporting potentially over $300 million in exploration and development expenditure, including the recent option and joint venture agreements between Gold Fields and privately owned Gold & Copper Resources 4.Discussions with potential technical and funding partners are progressing.For further details and technical disclosures refer to the following Kincora release:September 9th, 2024, "Kincora Secures New Strategic Ground On Australia's Premier Porphyry Copper-Gold Province"AngloGold Ashanti earn-in and joint venture agreement for the Nyngan and Nevertire Projects(Macquarie Arc, Australia)The Nyngan Project was the first ground Kincora secured in NSW with regional geophysics strongly indicating the potential to hosts the largest volcano-intrusive complex of the Macquarie Arc (existing metal endowment of over 160Moz gold equivalent 5) and offering a new district-scale setting. Limited prior drilling activities have taken place, and are confined to the southern portion of the Project.In May 2024, Kincora signed a definitive multiple-phase Earn-in and Joint Venture Agreement over the Nyngan and Nevertire licences with a wholly owned subsidiary of AngloGold Ashanti plc (NYSE: AU), the world's fourth largest gold miner by production, which has a successful track record for Greenfields discovery success.AngloGold Ashanti has the right to spend up to A$50 million to earn an 80% interest through:A$25 million of exploration expenditure to earn a 70% joint venture interest (Phase I) including a minimum A$2 million expenditure obligation, with Kincora the initial operator for a 10% management fee.Completion of a Pre-Feasibility Study (PFS) or funding of a further $25 million of expenditure to earn an 80% joint venture interest (Phase II). Figure 2: Fleet Space's ANT and gravity surveys have covered a regionally significant priority drill target previously and separately identified by Kincora, AngloGold Ashanti and Fleet Space within the northern "Ace of Spades" region of the Nyngan Project. This target is to be very shortly drill tested as part of the first ever copper-gold focused drilling program within this region. As part of a permitted drill program for up to 16 holes, a 6 to 8-hole for an estimated 4000-5000m program is budgeted before year-end with earn-in partner AngloGold AshantiKincora and Inflection's recent real-time Fleet Space ANT surveys have generated a number of new, previously unrecognised potential target areas that are currently being reviewedTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/225944_figure%202.jpgThe mobilised drilling program is focused within the northern portion of the Nyngan Project and the "Ace of Spades" region testing a wide range of untested, large intrusive-related copper-gold targets - see Figure 2.The program will comprise cost-effective mud-rotary drilling through the post mineral cover sequence with diamond core drilling upon refusal and testing of the targeted basement. The program seeks to confirm the potential for a series of new Macquarie Arc intrusive complexes and provide vectors for follow up drilling.Kincora notes neighbouring explorer drilling by Inflection has just recommenced at the Duck Creek target adjacent to the Nyngan Project (also in partnership with AngloGold Ashanti). This follows encouraging results, including intense hydrothermal alteration and sulphide mineralisation ~1.4km from license boundary in hole DCKDH020 1 - see Figure 2.Inflection has reported hole DCKDH020 returned a broad zone of elevated copper (max 788ppm) and arsenic values average 43.9ppm over a 448.5m interval (max 212ppm) noting these are "highly anomalous as 200m to 500m from the Cadia Ridgeway ore body (Newmont Corporation) reports arsenic in the 20ppm to 30ppm range and copper in the 200ppm to 300ppm range." DCKCDH020 is being followed up with a number of step-out drills to explore for a possible porphyry source for the alteration and geochemical data 1.For further details and technical disclosures refer to the following Kincora releases:August 14th, 2024, "Kincora and AngloGold Ashanti's First Drilling Program"May 28th, 2024, "AngloGold Ashanti to earn-in to the NJNB Project"Fleet Space proprietary geophysical partnership for the Nyngan Project(Macquarie Arc, Australia)Fleet Space was Australia's fastest growing company in 2023 6 and is widely recognised as Australia's leading space exploration company. Fleet Space seeks to revolutionise mineral exploration with its vertically integrated technology stack, ExoSphere, which combines the latest advances in satellite connectivity, 3D multiphysics data acquisition, and AI to map mineral systems in real-time.Kincora, in partnership with Fleet Space, has recently completed Fleet Space's first ever integration of Ambient Noise Tomography (ANT) and ground gravity geophysical surveys within a portion of the "Ace of Spades" region of the Nyngan Project - see Figure 2.The surveys cover a regionally significant priority drill target previously and separately identified by Kincora, AngloGold Ashanti and Fleet Space, with final interpretations of the surveys pending.Within the immediate district Fleet Space has recently completed the world's largest real-time ANT copper survey with Inflection Resources, undertaken a total of four project level surveys (including for Waratah's Spur Project, Inflection's Duck Creek Project and Alkane's Boda-Kaiser deposits) and built a proprietary AI-powered district scale copper prospectivity map. The Fleet Space surveys complement Kincora and AngloGold Ashanti's earn-in and joint venture agreement and exploration approach.For further details and technical disclosures refer to the following Kincora releases:July 25th, 2024, "ANT and Gravity Geophysical Surveys at the Nyngan Project"Earth AI success based Exploration Alliance for the Cundumbul Project(Macquarie Arc, Australia)Earth AI is a private Artificial Intelligence (AI) and Machine Learning explorer that has a vertically integrated approach to targeting, testing and verifying new critical mineral discoveries.Earth AI is the operator of the Exploration Alliance for the Cundumbul Project and has the right to contribute up to $4.5m of total exploration expenditure over a three-year period (having recently exercised an option for an additional year).Subject to a minimum of 1,500 metres of diamond drilling (already satisfied) and a Qualifying Drilling Intersection resulting in a new discovery (as defined within the Exploration Alliance Agreement), Earth AI is entitled to a Net Smelter Royalty (NSR) of up to 3% in connection with a to be agreed upon area surrounding the discovery (Area of Interest, size dependent on the extent of the newly discovered mineral system). Kincora retains 100% ownership of the Project.Field mapping, soil and rock chip sampling by Earth AI has identified a new 2.2km x 800m copper target in the central portion of the Cundumbul license with an ongoing multiple phase drilling program seeking to test three separate targets across a 750m strike associated with a zoned hydrothermal quartz breccia system (a key geological marker at the Boda-Kaiser deposits to the north in the same volcanic belt of the Macquarie Arc).For further details and technical disclosures refer to the following Kincora releases:May 20, 2024, "Exploration Alliance partner Earth AI drilling commenced at the Cundumbul project"October 6th, 2022, "Alliance with Artificial Intelligence Explorer for Cundumbul project"Woomera earn-in and joint venture agreement for the Bronze Fox Project(Southern Gobi, Mongolia)Following a successful strategic review process for Kincora's Mongolian assets, a definitive Earn-In Implement Agreement (EIA) was signed on September 30th, 2024, with ASX listed Woomera Mining Limited (Woomera, ASX ticker "WML").Woomera is a funded, successful and motivated partner with Kincora retaining attractive exposure to the Mongolian assets by becoming Woomera's largest shareholder and with an earn-in and carry/bullet payment and NSR model.Woomera has commenced a maiden drilling program with a three-pronged approach:Confirmation of a shallower, higher grade corridor: a single diamond drill hole for up to 900m depth is designed to confirm new high grade discovery potential within an open structural zone associated with a series of four prior drill holes which all returned intervals of over 1% copper, including prior hole F62 which returned 929m @ 0.37% CuEq including 318m @ 0.53% CuEq and 37m @ 1.01% CuEq 2.Woomera's designed hole seeks to test an open western strike for potential higher grades at shallower levels than prior drilling associated with a mapped vein corridor coincident with Induced Polarisation (IP), gravity and magnetic anomalies.Given the spacing and depth of the higher grade mineralisation returned in the series of four prior holes is excluded from the existing JORC Mineral Resource Estimate and the designed hole has the potential to demonstrate significant upside potential in volume and grade of the existing resource if successful.Expand existing shallow resource inventory: infill and expansion drilling is planned on the western higher-grade trend to the existing JORC Resource of 194Mt at 0.26% CuEq 2. The program is expected to increase both the tonnage and grade of the existing resource if successful.Securing mining licence: infill and expansion drilling is expected to be sufficient to satisfy the criteria needed to secure a mining license on the western exploration license, in addition to the existing mining license on the eastern license. Securing the second mining license would provide a minimum of 30-year security of tenure across the full Bronze Fox project, that covers ~175km2 and includes three large and near surface intrusive complexes.For further details and technical disclosures refer to the following Woomera releases:September 30th, 2024, "Woomera to Commence Drilling at Bronze Fox Project"August 20th, 2024, "Prospectus"References:1 Inflection Resources Provides Drilling Update from Phase II Duck Creek Exploration Program in New South Wales - press release October 3, 2024 2 Kincora Copper ASX Announcement: Mineral resource and updated exploration target for Bronze Fox, July 26th 2022 and Woomera Mining ASX Release: Woomera secures advanced copper / gold project in world-class Mongolian Copper Belt, August 12th, 20243 Newcrest Mining Limited final annual report (2009) for EL6337 (open file)4 Gold Fields H1 2024 Results - August 23, 20245 Sourced from MinEx Consulting for Kincora6 According to the Australian Financial Review (2023).About Kincora Kincora Copper is dual listed on the ASX and TSX-V (ticker "KCC") and is an active explorer and project generator focused on world-class copper-gold discoveries. The company recently executed four agreements that unlock up to A$60 million in multiple year partners funding. Further new projects that offer a clear value path and targeted partnerships are proposed.Kincora's portfolio includes district scale landholdings and scalable drill-ready targets in both Australia and Mongolia's leading porphyry belts, the Macquarie Arc and Southern Gobi, respectively, and, the Company is targeting initial exposure to up to 10,000m of drilling before year-end 2024 before ramping up to over 30,000 metres pa of drilling.For more information please visit Kincora's website at www.kincoracopper.comThis announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information please contact: Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61431 329 345Executive office 400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 Fax: 1.888.241.5996Subsidiary office Australia Vista Australia Level 4, 100 Albert RoadSouth Melbourne, Victoria 3205Qualified PersonThe scientific and technical information in this announcement was 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 was reviewed, verified and compiled by Kincora's staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora's Technical Committee, who are Qualified Person(s) for the purpose of NI 43-101.JORC Competent Person StatementInformation in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement) and the Company is not aware of any new information or data which materially affect the information included in those prior reports and, in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Person(s) under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. John Holliday and Peter Leaman consent to the inclusion in this report of the matters based on the information in the form and context in which it appears. The review and verification process for the information disclosed herein for Kincora's projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225944 Copyright 2024 ACN Newswire via SeaPRwire.com.