Copaur Marked Significant Milestones In Mineral Exploration, Notably Drilling 32.3 Meters At 15.28 Grams Gold Per Tonne And Uncovering Three New Potential High-Grade Expansion Corridors In The Western Flank Zone
Copaur Marked Significant Milestones In Mineral Exploration,
Notably Drilling 32.3 Meters At 15.28 Grams Gold Per
Tonne And Uncovering Three New Potential High-Grade
Expansion Corridors In The Western Flank Zone
News Release – Vancouver, British Columbia – January 09 , 202 4: CopAur Minerals Inc.
(“CopAur” or the “Company ”) (TSX -V: CPAU) (OTCQX:COPAF) In a productive 20 23, CopAur
marked significant milestones in mineral exploration, notably drilling 32.3 meters at 15.28 grams
per tonne and uncovering three potential high-grade expansion corridors in the Western Flank
zone. This achievement not only highlights CopAur's significant strides in mineral exploration but
also lays the groundwork for the company's ambitious exploration initiatives in 2024.
CPAU Highlights:
Early 2023 Successes: The year began with a triumphant drill program at Bolo, enabling CopAur
to acquire a 50.01% stake as the operator (see NR 1-11-2023).
Renaming and Revitalizing Troy Canyon: A visit to Troy Canyon led to the rechristening of the
project as " The Historic Locke Gold Mine ." The exploration confirmed the potential to possibly
rejuvenate this mine, operational from late 1948 to early 1950, before its closure under the 1934
gold possession law.
Stope Rock Samples: Recent underground samples revealed exceptional gold and silver grades,
with assays showing up to 576 g/t gold and 229 g/t silver.
2024 Priorities: With no drilling since 1950, Troy Canyon will be a focus area for 2024, with
further updates to be announced.
Kinsley Mountain Gold Project:
2023 Drilling and Field Work : Three distinct areas, each approximately 500 meters apart, were
the focus of 2023’s drilling and field work.
Oxide and Sulphide Gold Deposits: Kinsley Mountain, uniquely hosting both deposits, saw
multiple successful Oxide intersections, notably expanding the main Pit Zone (NR 10 -4-2023 &
11-10-2023).
Historical and New Discoveries: The Main Pit Zone, operational from 1995 to 1999, produced
138,000 ounces at 1.34g/t. The new Oxide discovery at Secret Spot (see NR new placer dome
April-6-2020) remains an exciting prospect for 2024.
Sulphide Drilling Success: Two high-grade sulphide drill results in 2023 have opened up three
additional areas for expansion (NR 11-17-2023 & 9-29-2023).
Jeremy Yasen iuk, CEO of CopAur , emphasize d the strategic importance of Kinsley Mountain,
promising a series of forthcoming announcements to elaborate on the company's focused
approach for 2024. This year is poised to be a flagship period for CopAur and its shareholders,
signifying a new era of growth and discovery.
About CopAur
CPAU 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 km south of the
Long Canyon Mine (currently in production under the Newmont/Barrick Joint Venture, Nevada
Gold Mines) and its 100% owned Williams Project that points to significant gold-copper potential
within the prolific Golden Horseshoe of northern British Columbia, Canada.
For more information, please contact:
CopAur Minerals Inc.
Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (604) 773-1467
Email: [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 Company’s future performance. All such statements involve substantial known and unknown
risks, uncertainties and other factors which may cause the actual r esults 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 assure 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 revised any forward-looking statements whether as a result of new information, future
events or otherwise, except as required under applicable securities regulations.