Mr. Jeremy Yaseniuk reports

COPAUR DRILLS 26 METRES OF 2.22 G/T OXIDE GOLD; INCLUDING 10.7 METRES OF 4.2 G/T OXIDE GOLD OUTSIDE RESOURCE PIT SHELL

Copaur Minerals Inc. has released results of the first four reverse circulation (RC) drill holes targeting near surface oxide gold at the company's flagship Kinsley Mountain gold project in Elko county, Nevada.

Kinsley Mountain is a unique property, located 90 kilometres south of the Long Canyon mine (1), hosting eastern Great Basin Carlin-type high-grade sulphide Gold (Western Flank zone) and near-surface oxide gold resources (Main Pit North target).

The four RC holes reported today targeted near-surface oxide gold mineralization within the Main Pit North area located one kilometre southeast of the Western Flank zone. Drilling at Main Pit North during 2020 by the company intersected high-grade near-surface oxide gold intercepts with the gold hosting Dunderberg shale 75 metres outside the current resource pit shell providing opportunities for near pit resource expansion.

Diamond drill hole KMR23-03, collared 200 metres north of the current pit shell, returned 2.22 grams per tonne (g/t) gold (Au) oxide over 25.9 metres; including 4.2 g/t Au oxide over 10.7 metres.

The intercept is significant given that at depth it lies within 50 metres of the current oxide resource pit shell. Together with prior RC drilling by the company outside the pit limits, including drill hole KMR20-030 that yielded 9.83 grams per tonne Au oxide over 7.6 metres (2) this new intercept reaffirms the presence of a relatively shallow, approximately 30 metre true thickness, oxide gold mineralized stratigraphic interval hosted within the Dunderberg shale and underlying Hamburg limestone that warrants additional drilling.

Drill holes KMR23-04 and KMR23-02 flanking KMR23-03 to the west and east returned 2.02 g/t Au over 7.6 metres; and 1.5 g/t Au over 4.6 metres, respectively further demonstrating the significance of the Dunderberg-Hamburg units as the premiere oxide gold host at Kinsley. Drill hole KMR23-01 did not return significant intercepts.

Chief executive officer Jeremy Yaseniuk stated: "This is a different zone located approximately one km from the Western Flank zone, our target there is oxide gold grading over 0.2 g/t Au. Therefore results reported today are excellent! They yielded broad oxide gold mineralized intercepts on the pit margin at greater than 10 times our current oxide resource lower cutoff of 0.2 g/t Au and thoroughly demonstrates the resource expansion potential at Main Pit North. We now have several mineralized intercepts in relative proximity, including KMR20-030 that yielded exceptionally high-grade oxide gold values including 9.83 g/t Au oxide over 7.6 metres, that are coming together to drive resource expansion at Kinsley. Drilling oxide material right beside the pit is a way of building ounces quickly and efficiently. The company looks forward to reporting on the remaining five holes."

Technical report on the Kinsley project, Elko county, Nevada, United States, 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's issuer profile on SEDAR+.

Methodology and QA/QC

Assaying was performed by ALS Global, Vancouver, Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited analytical laboratory that is independent of Copaur Minerals and the qualified person (QP). Drill core and RC drill samples were subject to crushing to a minimum of 70 per cent passing two millimetres (mm), followed by pulverizing of a 250-gram split to 85 per cent passing 75 microns. Gold determination was via standard 30-gram fire assay (FA) analysis with atomic absorption spectroscopy (AAS) finish, in addition to 51-element ICP-MS (inductively coupled plasma mass spectrometry). Samples returning greater than 10 g/t Au are subject to gravimetric finish. Gold values returning greater than 0.1 g/t Au are also subject leach analysis, where the sample is treated with a 0.25 per cent NaCN (sodium cyanide) solution and rolled for an hour. An aliquot of the final leach solution is then centrifuged and analyzed by AAS.

Copaur Minerals follows industry standard procedures for the work carried out on the Kinsley Mountain gold project, with a quality assurance/quality control program. Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Copaur Minerals detected no significant QA/QC issues during review of the data. Copaur Minerals is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to 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 British Columbia, Canada.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, PGeo (B.C.), 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, which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein.

(1) Mineralization at the Long Canyon mine is not necessarily indicative of mineralization within Copaur properties.

(2) See New Placer Dome Gold news release dated April 6, 2021.

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