Resilience raising to take on Kincora’s Mongolian ground

MONGOLIA is a land with a chequered history as an emerging economy, as Ivanhoe Mines and Rio Tinto have infamously found out at Oyu Tolgoi over the decades, but it is also rich with
potential, which is why a group of Australian mining executives is using it as to underpin a new float.

Resilience Mining said three projects owned by Kincora Copper were the best opportunity it had identified to list on the ASX since it was formed in 2015, and it has unveiled its plans to raise A$5-6 million at 20c to explore one of the largest orogenic belts in the world.

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