RC Drilling Targeting Near Surface Oxide Gold At Kinsley Mountain Project

RC Drilling Targeting Near Surface Oxide Gold At Kinsley Mountain Project

VANCOUVER – CopAur Minerals Inc. reported on the first four (4) reverse circulation (RC) drill holes targeting near surface oxide gold at the Kinsley Mountain Gold Project in Elko County, Nevada. The four RC holes targeted near surface oxide gold mineralization within the Main Pit North area located 1 km southeast of the Western Flank Zone . Drilling at Main Pit North during 2020 by the Company intersected high grade near surface oxide gold intercepts with the gold hosting Dunderberg shale 75 metres outside the current resource pit shell providing opportunities for near pit resource expansion.

Diamond drill hole KMR23-03, collared 200 metres north of the current pit shell, returned 2.22 2.22 grams-per-tonne (g/t) gold (Au) oxide over 25.9 metres; including 4.2 g/t Au oxide over 10.7 metres.

The intercept is significant given that at depth it lies within 50 metres of the current oxide resource pit shell. Together with prior RC drilling by the Company outside the pit limits, including drill hole KMR20-030 that yielded 9.83 g/t Au oxide over 7.6 metres this new intercept reaffirms the presence of a relatively shallow, approximately 30 metre true thickness, oxide gold mineralized stratigraphic interval hosted within the Dunderberg shale and underlying Hamburg limestone that warrants additional drilling.

Drill holes KMR23-04 and KMR23-02 flanking KMR23-03 to the west and east returned 2.02 g/t Au over 7.6 metres; and 1.5 g/t Au over 4.6 metres, respectively further demonstrating the significance of the Dunderberg-Hamburg units as the premiere oxide gold host at Kinsley. Drill hole KMR23-01 did not return significant intercepts.

CEO Jeremy Yaseniuk, said, “This is a different zone located approximately 1km from the Western Flank Zone, our target there is oxide gold grading over .2 g/t Au. Therefore results reported today are excellent! They yielded broad oxide gold mineralized intercepts on the pit margin at greater than 10 times our current oxide resource lower cutoff of 0.2 g/t Au and thoroughly demonstrates the resource expansion potential at Main Pit North. We now have several mineralized intercepts in relative proximity, including KMR20-030 that yielded exceptionally high-grade oxide gold values including 9.83 g/t Au oxide over 7.6 metres, that are coming together to drive resource expansion at Kinsley. Drilling oxide material right beside the pit is a way of building ounces quickly and efficiently. The company looks forward to reporting on the remaining 5 holes.”