Woomera Mining
Minerals & Mining · Australia · 11-50 Employees
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Overview
Headquarters
147 Pirie St Ste 116, Adelaide, South Au...Phone Number
+61 246479566Website
www.woomeramining.com.auRevenue
<$5 MillionIndustry
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Woomera Mining News & Media
Kincora Secures Full Rights to the Mongolian Copper-Gold Portfolio
Vancouver, British Columbia--(ACN Newswire - September 22, 2025) - Gold-copper explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce that it has resecured the full rights of its Mongolian c0pper-gold portfolio following Orbminco Limited's (ASX: OB1) (formerly known as Woomera Mining Limited) withdrawal from the September 2024 Earn-In Agreement as it now focuses on its Australian gold exploration. Assets within the portKincora Copper Announces Mongolian Earn-In Finalised with Drilling to Commence
Final documents executed and shareholder approvals gained for an earn-in and joint venture agreement for Kincora's Mongolian assets with Woomera Mining Limited (ASX: WML) (Woomera) Woomera to now commence an aggressive initial drilling program at the Bronze Fox copper-gold project including testing the potential for a shallower higher-grade structural zone and resource expansion drilling coupled with a second mining license conversion Woomera has the right to spend up to US$4 million to earn anKincora Secures Funded, Successful and Motivated Partner for Mongolian Assets
Successful completion of strategic review process for Kincora's Mongolian assets has resulted in a binding Earn-In Term Sheet (Agreement) with Woomera Mining Limited (ASX: WML) (Woomera) for the Bronze Fox copper-gold project Woomera has the right to spend up to US$4 million over a period of 5 years to earn a 80% interest and may elect to then: purchase the remaining 20% interest from Kincora for US$10 million cash consideration and a 1% Net Smelter Royalty
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Frequently Asked Questions Regarding Woomera Mining
Woomera Mining, now known as Orbminco Limited, is a mineral exploration company based in Perth, focusing on battery metals such as manganese, lithium, and copper. The company is engaged in mining exploration and aims to serve various sectors that require these critical minerals. With a keen emphasis on sustainability and resource efficiency, Woomer... Read More