Ann: Kincora and AngloGold Ashanti's First Drilling Program, page-5

agree but I rather see KCC strikes it. lol

I hold few MAG shares too btw but I hold lot more KCC shares.
The interesting bit about KCC and AGA JV deal is that Inflection recently took over extra licenses north of KCC's ground and AGA extended (if I remember this right) their JV deal with Inflection to cover this ground too.
To me it looks like AGA starts to think the ground north of Duck Creek to hold lot of potential and this is where KCC holds lot of ground and also recently applied for additional licenses further up. They drilled more than few holes at and around Ducks Creek before they decided to extend their interest to KCC's ground which is only few Kms from Ducks C.

MC of $9m... sounds bit low and I think should be around $12-$15m but things can change real fast in an event if only one of the projects produces high grade results from one of the holes.
WML are about so start drilling Mongolia - Sep.
KCC/AGA to start drilling Nyngan soon and I'd say - Sep.
Earth AI have drilled two holes at their JV with KCC but could not complete the other two due to access and but are sorting that out. This is south of ALK's Boda.

So three projects on a go - we only need one to pay off and hit $100m MC. With Nyngan and rest of this area KCC and AGA are trying to prove this is a new porphyry district rather than a one discovery opportunity. Big dreams and nothing wrong with that but I am a humble man so 1 discovery will make me very happy.