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Copaur Minerals Inc
Symbol CPAU
Shares Issued 59,783,409
Close 2023-09-06 C$ 0.475
Market Cap C$ 28,397,119
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Copaur completes drill program at Kinsley Mountain

2023-09-06 14:59 ET - News Release

Mr. Jeremy Yaseniuk reports

COPAUR ANNOUNCES SUCCESSFUL COMPLETION OF ITS INITIAL 2023 DRILL PROGRAM AT KINSLEY MOUNTAIN

Copaur Minerals Inc. has completed the reverse circulation (RC) and diamond core drilling program at the company's flagship Kinsley Mountain gold project in Elko county in Nevada.

A series of seven RC drill holes and three diamond drill holes totalling 2,285 metres were completed at the high-grade Western Flank zone, Main Pit North and the new Kinsley Ridge target.

All 982 RC samples and all core samples, including QA/QC (quality assurance/quality control) samples were shipped and have now arrived at ALS Global in North Vancouver, Canada, for gold fire assay and multielement analysis. The company is happy to report sample reparation is now complete and results flow, subject to QA/QC verification, is expected to begin soon.

Chief executive officer Jeremy Yaseniuk stated: "We are pleased to have completed drilling at Kinsley Mountain. We look forward to receiving results from resource infill core drilling at the Western Flank zone, the exploration drilling at the Kinsley Ridge zone and the RC drilling at Main Pit North, which remains a resource expansion focus given the high-grade near-surface oxide gold values intersected there. We should be getting some of the results any day now."

The Kinsley project hosts a National Instrument 43-101 mineral resources that the company and shareholders are looking to upgrade and expand. The Kinsley project was a historical past producer that yielded 138,000 ounces of near-surface open-pit oxide gold between 1995 and 1999.

Technical report on the Kinsley project, Elko county, Nevada, U.S., dated June 21, 2021, with an effective date of May 5, 2021, and prepared by Michael M. Gustin and Gary L. Simmons, and filed under New Placer Dome Gold Corp.'s issuer profile on SEDAR+.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, PGeo (British Columbia), principal and consultant, and Christopher W. Livingstone, PGeo (B.C.), senior geologist, both of Apex Geoscience Ltd., of Edmonton, Alta., and qualified persons as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Raffle and Mr. Livingstone have verified the data disclosed, including a review of the sampling, analytical and test data underlying the information and opinions contained herein.

About Copaur Minerals Inc.

Copaur is an exploration company focused on developing projects within the emerging, mineral-rich mining regions of Nevada and B.C. The company is backed by a dynamic and experienced team of resource professionals advancing multiple holdings across both regions, the flagship being Kinsley Mountain gold property, a Carlin-style project located 90 kilometres south of the Long Canyon mine (currently in production under the Newmont/Barrick joint venture, Nevada Gold Mines) and its 100-per-cent-owned Williams project, which points to significant gold-copper potential within the prolific Golden Horseshoe of Northern B.C., Canada.

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