COPAUR MINERALS INC - COPAF STOCK NEWS

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has provided a summary of historic gold mining activities at its Kinsley Mountain Gold Project in Elko County, Nevada. The project, a past producer that yielded 138,000 ounces of open-pit gold between 1995 and 1997, hosts current mineral resources that CopAur is working to upgrade and expand. These resources include 418,000 indicated ounces gold at 2.63 g/t and 117,000 inferred ounces gold at 1.51 g/t.

CopAur acquired the project in 2022 and has since completed over 20,000 metres of drilling in 59 holes, focusing on the Main Pit North area. Recent intercepts have yielded high-grade results, prompting the company to explore the idea of restarting production. CopAur is now updating the resource estimate, conducting engineering studies, and engaging in permitting processes for potential new production.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has announced ongoing discussions with multiple parties to explore strategic options for advancing its projects. The company is evaluating opportunities including potential buyouts, joint venture agreements, and gold production from oxide materials at Kinsley Mountain. Management is considering the necessary steps to potentially advance the oxide gold deposit at Kinsley Mountain towards production, which may include preparing technical studies such as a PEA, PFS, and FS.

The Kinsley Project was a historical past-producer, yielding 138,000 ounces of near-surface open pit oxide gold between 1995-1999. CopAur is exploring this direction due to the potential for cash flow from oxide gold production, which could fund further exploration without additional shareholder dilution. The company plans to provide updates on potential management additions, financing options, and developments with strategic partners in the coming weeks.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has completed the acquisition of Nevada Sunrise Metals 's 18.74% ownership interest in Kinsley Gold , giving CopAur 100% ownership of the Kinsley Mountain Gold Project in Nevada. The acquisition cost CDN$475,000 and 1,000,000 CopAur common shares. The Kinsley Project, covering 4,213 hectares, includes a past-producing mine and hosts both oxide and sulphide gold resources. Recent drilling has yielded promising results, including near-surface oxide intercepts and high-grade sulphide gold mineralization. The project previously produced 138,000 ounces of gold between 1995 and 1999. CopAur aims to upgrade and expand the existing NI 43-101 mineral resource at Kinsley.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has announced plans to secure a C$1 million loan from an arms-length lender, subject to regulatory approval. The loan will have a 12% annual interest rate and a 6-month maturity. As a bonus, CopAur will issue 2.5 million non-transferable share purchase warrants to the lender, exercisable at C$0.20 per share for 12 months.

The company intends to use the loan proceeds for working capital and to partially fund the acquisition of Nevada Sunrise's 18.74% stake in the Kinsley Mountain Gold Project. If completed, this acquisition will give CopAur 100% ownership of the project. The remainder of the acquisition cost will be covered by issuing 1 million CopAur common shares to Nevada Sunrise.

CopAur Minerals plans to initiate baseline surveys at its 100%-owned Troy Canyon Gold-Silver Property in Nye County. The site has never been drilled and features high-grade mineral samples.

Surveys will cover wildlife, vegetation, and cultural resources, paving the way for a BLM Plan of Operations permit submission. This will enable exploration drilling to advance significant underground and surface anomalies.

Highlights include samples with 42.7 g/t gold and 91 g/t silver from historic mines. A 2007 survey identified a prominent soil anomaly extending 650m southwest from the Locke Gold Mine.

The project, historically mined between 1948-1950, produced 643 ounces of gold and 660 ounces of silver. Modern exploration techniques will be systematically applied for the first time.

CopAur Minerals (COPAF) has begun a maiden drill program at the Williams property in British Columbia's Golden Horseshoe. The 2024 phase 1 drilling campaign targets the expansion and extension of mineralization discovered in drill hole WM22-02, which previously returned 50 meters of 2.2 grams per tonne gold in 2022. This phase includes up to 2,000 meters of diamond drilling with three drill holes from the same pad at the GIC prospect. Apex Geoscience will manage the program, leveraging their experience from nearby projects. CopAur aims to expedite the assaying of the first hole to report results by summer 2024.

CopAur Minerals Inc. announces the closing of the first tranche of financing and share issuance with Omega Pacific Minerals Inc., receiving $1,000,000 in cash and three million shares. The agreement allows Omega to earn a 51% interest in the Williams property by meeting certain conditions.

CopAur Minerals Inc. grants Omega Pacific Resources Inc. an option to earn up to 100% interest in the Williams Property in British Columbia. Omega can acquire 51% by paying C$1 million, issuing 3 million shares, and incurring C$3 million in exploration costs within a year. Subsequent options allow for up to 80% and then 100% ownership. The deal provides CopAur with cash and shares to fund Nevada exploration, maintaining a long-term interest in the Williams Property.

CopAur Minerals Inc. announces a strategy focused on its Nevada properties, including the potential creation of a new company, spinning out, joint venturing, or optioning the Williams Property. The Williams property is a substantial land package with gold and copper discovery potential. The company also received a new 5-year permit for the Williams project in the Toodoggone region of BC. CEO Jeremy Yaseniuk stated that they are exploring options to benefit shareholders and plan to offer them the opportunity to invest in the initial funding of a new Metals Group entity.