Copaur & Allegiant Announce Plan to Spin-Out Bolo Project
888-700 West Georgia, Vancouver, BC, V7Y 1G5
COPAUR & ALLEGIANT ANNOUNCE PLAN TO SPIN-OUT BOLO PROJECT
Vancouver, British Columbia — April 22, 2025 — CopAur Minerals Inc. (the “Company”) (CPAU: TSX-V) is
pleased to announce that together with Allegiant Gold Ltd. (the “Parties”) have signed a binding
agreement to spin-out the Bolo Project (“Bolo”) into a new company (“Newco”).
The Parties have signed a binding agreement whereby they will work to either spin -out or sell the Bolo
Project, located in Nye County approximately one hour from the town of Tonopah, NV to a Newco that
has been identified. The Bolo Project is located in the Hot Creek Range of Nye County, Nevada, 65
kilometres east-southeast of the Round Mountain Gold Mine (see Map 1). The initial discovery was made
by Allegiant in 2016 and the project was farmed out to Barrian Mining (renamed New Placer Dome) in
2018 who later merged with CopAur in 2022.
Map 1: Bolo Property and Structures
Conrad Swanson, Chairman of Copaur, stated, “We believe Bolo will be better served as the flagship project
of another company —one that can dedicate the time and resources needed to maximize value for our
shareholders.”
Copaur will continue with the development of Kinsley Mountain Oxide & Sulphide resource and
the Troy Canyon Gold Mine, Both past producers.
About CopAur
CopAur is an exploration company focused on developing projects within the emerging, mineral -rich
mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource
professionals advancing its projects in Nevada with the flagship proje ct being Kinsley Mountain Gold
Project, 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).
On Behalf of the Board of CopAur Minerals,
Conrad Swanson, Chairman
For additional information please contact [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news
release.
Forward Looking Information
This news release contains forward -looking statements. These statements relate to future events or the
Company’s future performance, including the Company’s plans to settle part of the Loan principal in Debt
Units and the requirement of obtaining TSXV approval. All such statements involve substantial known and
unknown risks, uncertainties and other factors which may cause the actual results to vary from those
expressed or implied by such forward-looking statements. Forward-looking statements involve significant
risks and uncertainties, they should not be read as guarantees of future performance or results and they
will not necessarily be accurate indications of whether or not such results will be achieved. Actual results
could differ materially from those anticipated due to a number of factors and risks. Although the forward-
looking statements contained in this news release are based upon what management of the Company
believes are reasonable assumptions on the date of this news release, the Company cannot as sure
investors that actual results will be consistent with these forward-looking statements. The forward-looking
statements contained in this press release are made as of the date hereof and the Company disclaims any
intention or obligation to update or re vised any forward -looking statements whether as a result of new
information, future events or otherwise, except as required under applicable securities regulations.