16:08:12 EDT Sat 11 May 2024
Enter Symbol
or Name
USA
CA



Copaur Minerals Inc
Symbol CPAU
Shares Issued 60,750,409
Close 2024-01-12 C$ 0.31
Market Cap C$ 18,832,627
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Copaur plans study at Kinsley Mountain

2024-01-12 18:36 ET - News Release

Mr. Jeremy Yaseniuk reports

COPAUR PLANS INTEGRATED EXPLORATION DATA ANALYSIS AND MACHINE LEARNING EXPLORATION TARGETING STUDY AT KINSLEY MOUNTAIN

Copaur Minerals Inc. plans to initiate an integrated exploratory data analysis (EDA) and advanced machine learning study at the company's flagship Kinsley Mountain gold project in Elko county, Nevada.

Based on exceptionally high-grade sulphide and near-surface oxide drill intercepts, including 20.3 metres averaging 12.6 grams per tonne (g/t) gold (Au), and 26 metres averaging 2.22 g/t Au, returned from its successful 10-hole, 2,287-metre 2023 Kinsley Mountain exploration campaign, the company plans to leverage its expansive exploration data set comprising over 160,000 metres of drilling, in addition to a detailed 3-D stratigraphic model, property wide soil and rock geochemistry, airborne, and ground geophysical surveys (including ground IP/resistivity, gravity and airborne VTEM/magnetics) to prepare an integrated exploratory data analysis (EDA) study.

The purposed of the EDA study is to advance the understanding of the Kinsley Mountain project's mineralization that will increase the efficiency and robustness of future exploration, targeting, resource definition and development work. Following the EDA study, the combined exploration data sets will be subject to advanced machine learning algorithms to understand the complex multidimensional relationships between the data types leading to the generation of prospectivity models to drive discovery. The company expect to initiate the study in early 2024, leading to results before end of Q2 2024.

Chief executive officer Jeremy Yaseniuk stated: "Copaur is poised to integrate cutting-edge AI technology within our exploration strategy at Kinsley Mountain. With an extensive data set encompassing over 160,000 meters of drilling, we are committed to conducting a comprehensive exploratory data analysis (EDA) coupled with sophisticated machine learning techniques. Our objective is to develop refined prospectivity models, enhancing our capacity to uncover new mineral deposits. Drawing inspiration from the successful application of this technology by our associated group of companies through the metals group, including Emperor Metals Inc. [EMP.V], Thesis Gold Inc. [TAU.V] and Founders Metals Inc. [FDR.V], we are confident that the implementation of AI will significantly augment our exploration endeavors at Copaur."

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.

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 the 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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