Mr. Sam Spring reports

KINCORA CHANGES TO THE BOARD

Kincora Copper Ltd. has appointed James Durrant to Kincora's board of directors. Concurrent to this appointment, Jeremy Robinson will resign from the board with immediate effect.

Mr. Durrant is currently the managing director and chief executive officer of RareX Ltd. and the chairman of EAU Lithium. Mr. Durrant is an accomplished mining executive with over 15 years of experience in mine operational leadership and late-stage exploration projects through to project execution with specific experience in ESG (environmental, social and governance), indigenous population engagement, technical marketing, project development, financing and government relations. Mr. Durrant has on-the-ground experience in East and West Africa and the Horn of Africa, South America, and Australia across multiple commodities.

Mr. Robinson came onto Kincora's board in December, 2023, concurrent with RareX vending its remaining 35-per-cent interest in the New South Wales portfolio of projects that Kincora had joint ventured into in 2020. This milestone resulted in Kincora securing 100-per-cent project ownership and enabling the pivot to a prospect generator financing and asset-level partnership model.

Cameron McRae, chair of Kincora Copper, commented: "We are deeply grateful for the contribution that Jeremy has made into Kincora. Having such a capable replacement in James (and RareX's managing director) will ensure continuity of strategic purpose, alignment of key shareholders on the board and bring James's considerable business development skills to the directors' collective skill set."

About Kincora Copper Ltd.

Kincora Copper is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy.

The company is successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill-ready targets. These assets are located in Australia's Lachlan fold belt and Mongolia's Southern Gobi, two of the globe's leading porphyry belts, and the historical Condobolin mining field within the Cobar basin in New South Wales.

The company has already unlocked over $100-million of potential partner financing for multiple earlier-stage and/or non-core porphyry projects. These initial deals have supported over 13,500 metres of drilling and over $6.5-million (Australian) of partner-financed exploration since late 2024, with management fees and exploration ramping up.

Partner discussions are continuing for its remaining 100-per-cent-owned flagship projects that are all situated within existing porphyry camps containing a resource inventory over 20 million ounces gold equivalent.

By having a significant portfolio of partner-financed large porphyry projects and a very focused program on a 100-per-cent-owned Condobolin project, the company is seeking to position Kincora as a leading institutional-grade explorer in the public Australian and Canadian markets and the leading project generator on the Australian Securities Exchange.