Mr. Jeremy Yaseniuk reports

COPAUR DRILLS 32 METRES OF 15.3 G/T GOLD; INCLUDING 10.7 METRES OF 24.1 G/T GOLD AT KINSLEY MOUNTAIN

Copaur Minerals Inc. has released the final drill results for two diamond core holes from 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, hosting eastern Great Basin carlin-type high-grade sulphide gold (WFZ) and near-surface oxide gold resources (Main Pit North target).

The project was a historical past producer that yielded 138,000 ounces of near-surface open-pit oxide gold between 1995 and 1999, when mining was suspended.

Diamond drill hole KMD23-02, targeting resource infill at the high-grade sulphide WFZ, returned 15.3 grams per tonne (g/t) gold (Au) over 32.3 metres; including 24.1 g/t Au over 10.7 metres (see the table entitled "Kinsley Mountain 2023 drilling significant intercepts"). These results, in conjunction with prior 2020 drilling by the company that yielded multiple near-surface oxide and high-grade sulphide gold intercepts at depth (see the table entitled "Western Flank zone 2020 drill intercepts"), reinforces the continuity and exceptionally high-grade nature of Secret Canyon shale-hosted sulphide gold mineralization. The WFZ remains open along corridors to the north, west and east, which the company intends to continue to test with continued drilling as soon as possible.

Diamond drill hole KMD23-03, targeting an untested geophysical anomaly on trend between the WFZ, intersected a greater than 80-metre core-length fault-bounded interval of the Secret Canyon shale containing anomalous arsenic pathfinder values that did not return significant gold values.

Jeremy Yaseniuk, chief executive officer, stated: "Once again, the Western Flank zone has yielded exceptionally high-grade gold values over significant widths. We look forward to exploring the western flank zone where it remains open along three corridors to the north, west and east, which the company intends to continue to test with continued drilling as soon as possible.

"Complementary to high-grade gold sulphide mineralization at Western Flank, infill and outside-resource pit expansion RC [reverse circulation] drilling at the Main Pit North target continues to yield broad intercepts that are expected to contribute to a significant potential expansion of near-surface oxide gold resources. The results announced today place Kinsley Mountain among the premier resource-stage gold projects in Nevada."

Methodology and quality assurance/quality control (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 and the qualified person. Drill core and RC drill samples were subject to crushing to a minimum of 70 per cent passing two millimetres, followed by pulverizing of a 250-gram split to 85 per cent passing 75 microns. Gold determination was by standard 30-gram fire assay analysis with atomic absorption spectroscopy (AAS) finish, in addition to 51-element ICP-MS. 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 solution and rolled for an hour. An aliquot of the final leach solution is then centrifuged and analyzed by AAS.

Copaur 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 detected no significant QA/QC issues during review of the data. Copaur 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.

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, which include 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 British Columbia. 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 that points to significant gold-copper potential within the prolific Golden Horseshoe of Northern British Columbia, Canada.

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