Mr. Jeremy Yaseniuk reports

COPAUR MINERALS RECEIVES FIVE-YEAR PERMIT AND DISCUSS PLANS FOR WILLIAMS PROPERTY IN BRITISH COLUMBIA

Copaur Minerals Inc.'s board of directors, with the support of management, has approved a strategy focused on the company's Nevada properties. Additionally, the company is considering various alternatives to maximize the current and future value of the Williams property. These options include creating a new company, spinning out, joint venturing or optioning the Williams property. The objective is to advance the Williams property while enabling Copaur to receive cash and shares upfront from any transaction, and to maintain long-term ownership in the Williams property as the company concentrates its exploration efforts in Nevada.

The Williams property is composed of mining claims totalling 17,000 hectares, a consolidated land package with substantial gold and copper discovery potential, and hosts two large exploration targets: the T-Bill prospect which is prospective for mesothermal-style gold mineralization; and the GIC porphyry prospect which is prospective for porphyry copper-gold-molybdenum-style mineralization.

T-Bill (gold (Au)-orogenic) highlights:

• High-grade epithermal gold mineralization hosted in quartz veins and vein breccias;
• Three-kilometre by 2.5 km gold-in-soil anomaly with potential for multikilometre extensions in newly discovered anomalous zones from 2021 exploration;
• On Nov. 24, 2021, the company announced diamond drill results that tested an approximately 300-metre strike length that returned 41.57 metres of 1.38 g/t Au, including 0.70 metre of 22 g/t Au (true width estimated to be 30 per cent to 50 per cent of drilled interval).

GIC prospect (copper (Cu)-porphyry) highlights:

• Four km by 0.8 km, east-west-trending copper-gold (plus or minus molybdenum) geochemical and IP (induced polarization)/resistivity geophysical anomaly with limited historical drilling;
• On Aug. 16, 2022, the company announced the discovery of a new gold zone discovered at west end of the GIC target in recently completed 2022 drill hole WM22-02, which yielded 2.2 g/t gold over 50 metres, including 10.5 metres of 4.2 g/t gold, terminating in mineralization (true width of the mineralized zone is not known).

The company is also extremely pleased to report that it has recently received a new five-year permit for the Williams project in the Toodoggone region of British Columbia.

Jeremy Yaseniuk, chief executive officer, stated: "We are currently exploring various options to benefit both existing and new shareholders of Copaur. Our aim, subject to successfully finalizing a deal with a new company for Williams, is to offer shareholders the opportunity to invest in the initial funding of this new metals group entity. Historically, past initial fundings of metals group companies have preformed extremely well. However, past success does not guarantee future results. In anticipation of the Williams transaction, we plan to provide Copaur shareholders of record, as of the announcement date, an opportunity to participate in the new company. This is contingent on the successful completion of the transaction. Our strategy seeks to reward the loyalty of our longstanding shareholders and the trust of recent investors. This approach will also enable our management team to focus on expanding our Nevada portfolio, particularly the Kinsley gold property, while allowing our shareholders to continue benefiting from the value of Williams. We expect to provide further updates soon."

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. Copaur remains dedicated to delivering substantial growth and value creation for its shareholders through strategic asset development and management. The company looks forward to the opportunities that lie ahead and will continue to provide updates on its progress.

Qualified person

The scientific and technical information contained in this news release regarding Copaur Minerals has been reviewed and approved by Kristopher J. Raffle, PGeo (British Columbia), principal and consultant of Apex Geoscience Ltd. of Edmonton, Alta., and a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.