News Release – Vancouver, British Columbia – November 15, 2023 – CopAur Minerals Inc. (“CopAur” or the “Company”) (TSX-V: CPAU) (OTCQX:COPAF) Copaur Minerals Inc. is pleased to announce the successful completion of its initial drilling program at the Kinsley Mountain property in Nevada, initiated on May 15, 2023. This milestone marks a significant step in our exploration efforts.
Due to the non-participation of Nevada Sunrise Inc. in the joint venture, Copaur Minerals has increased its stake in the project from 79.99% to 81.34%. This increase is a result of the dilution clause activated under the joint venture agreement.
Upcoming Developments and Strategic Focus
We are excited to share that the remaining results of the 2023 drilling program will be released shortly. Depending on market conditions, Copaur Minerals plans to promptly resume exploration activities, building on the success of this year’s program.
CEO Jeremy Yaseniuk commented on the development: “This year’s drilling program has significantly enhanced our understanding of the Kinsley Mountain property. We’ve identified key areas for focused exploration, aiming to expand the existing resource base. Detailed insights from this program will be shared in upcoming releases. We are eager to continue our work at Kinsley Mountain and capitalize on the positive results achieved this year.”
Stay tuned for further updates as we progress with our exploration endeavors at Kinsley Mountain.
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
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 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 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.