CopAur Begins Drilling at Williams Property
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.
- Commencement of maiden drill program at Williams property.
- 2024 phase 1 campaign includes up to 2,000 meters of diamond drilling.
- Previous drill hole WM22-02 showed 50 meters of 2.2 grams/tonne gold.
- Drill program managed by Apex Geoscience, leveraging local expertise.
- None.
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) ("CopAur" or the "Company") Jeremy Yaseniuk, CEO at CopAur Minerals, is pleased to announce that the Company and Omega Pacific have commenced a maiden drill program at the Williams property in British Columbia's Golden Horseshoe.
The 2024 drilling campaign (phase 1) has commenced, focusing on expanding and extending the recently uncovered mineralization at drill hole WM22-02 within the property's GIC prospect. This area previously concluded in mineralization during the last drill campaign in 2022.
Current and upcoming phase 1 exploration highlights:
- Up to 2,000 metres (m) of diamond drilling, including expansion drilling along strike and at depth surrounding drill hole WM22-02
- WM22-02 returned 50 metres of 2.2 grams per tonne gold in 2022 and ended in mineralization, leaving its full width unknown
- Phase 1 will execute a total of three drill holes, all from the same drill pad at GIC
Apex Geoscience Ltd. will coordinate and execute the phase 1 drill program. Apex has overseen several projects in the Golden Horseshoe, including Thesis Gold's Lawyers-Ranch project and Newmont's Tatogga project.
Jeremy Yaseniuk, CopAur CEO commented, "The commencement of drilling at Williams is a significant milestone for both companies. To fast-track a more detailed understanding of the mineralization at GIC, management has arranged to expedite assaying of the first hole, which will allow us to report on the program results as soon as possible this summer. We look forward to leveraging the significant geological understanding that Apex has of the Toodoggone district. They have managed and overseen discoveries and maiden resources in close proximity to our land package."
About CopAur
Copaur Minerals is associated with The Metals Group of companies including Altiplano Metals, Benchmark Metals (BNCH.V), Thesis Gold, Founders Metals and Emperor Metals. Metals Group is an award-winning team of professionals who stand for technical excellence, painstaking project selection and uncompromising corporate governance, with a proven ability to capitalize on investment opportunities and deliver shareholder returns.
Qualified Person
The scientific and technical information contained in this news release regarding Copaur Minerals Inc. has been reviewed and approved by Kristopher J. Raffle, P.Geo. (British Columbia), principal and consultant, of Apex Geoscience Ltd. of Edmonton, Alta., and a qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
For more information, please contact:
CopAur Minerals Inc.
Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (604) 773-1467
Email: jeremyy@CopAur.com
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 obtaining the necessary regulatory approvals for and completion of an option agreement on the Williams property with Omega Pacific Resources Inc. 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 including if Omega Pacific will be able to raise sufficient funding to exercise the options on the Williams Property or if it will exercise any of the options granted under the option agreement. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/214280
FAQ
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