CopAur's JV Partner Intersects 6.22 g/t Gold over 18.98 Metres, Within 3.16 g/t Gold over 44.32 Metres at the Williams Property
CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF) reports significant progress at the Williams Property in Northern British Columbia through its joint venture partner, Omega Pacific Resources. Recent drilling results show impressive intersections of 6.22 g/t Gold over 18.98 metres, within 3.16 g/t Gold over 44.32 metres. Omega Pacific has earned a 51% interest in the project and is working towards an 80% stake through a $6 million investment commitment and issuance of 5 million shares. The company has expanded drill intersections, secured additional strategic ground, and extended the GIC target. CopAur will now focus on advancing its 100%-owned Kinsley Project and exploring the historic Locke Gold Mine.
CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF) riporta progressi significativi presso il Williams Property nel nord della Columbia Britannica attraverso il suo partner di joint venture, Omega Pacific Resources. I recenti risultati di perforazione mostrano intersezioni impressionanti di 6,22 g/t di oro su 18,98 metri, all'interno di 3,16 g/t di oro su 44,32 metri. Omega Pacific ha acquisito una partecipazione del 51% nel progetto e sta lavorando per ottenere una quota dell'80% attraverso un impegno di investimento di 6 milioni di dollari e l'emissione di 5 milioni di azioni. L'azienda ha ampliato le intersezioni di perforazione, assicurato ulteriore terreno strategico e esteso l'obiettivo GIC. CopAur si concentrerà ora sull'avanzamento del suo progetto Kinsley, di cui detiene il 100%, ed esplorerà la storica miniera d'oro Locke.
CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF) informa sobre avances significativos en la propiedad Williams, en el norte de Columbia Británica, a través de su socio de joint venture, Omega Pacific Resources. Los recientes resultados de perforación muestran intersecciones impresionantes de 6,22 g/t de oro sobre 18,98 metros, dentro de 3,16 g/t de oro sobre 44,32 metros. Omega Pacific ha adquirido una participación del 51% en el proyecto y está trabajando para alcanzar una participación del 80% mediante un compromiso de inversión de 6 millones de dólares y la emisión de 5 millones de acciones. La compañía ha expandido las intersecciones de perforación, asegurado terrenos estratégicos adicionales y ampliado el objetivo GIC. CopAur se enfocará ahora en avanzar en su proyecto Kinsley, del que posee el 100%, y en explorar la histórica mina de oro Locke.
CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF)는 북부 브리티시 컬럼비아의 Williams Property에서 합작 투자 파트너인 Omega Pacific Resources를 통해 중요한 진전을 보고합니다. 최근 채굴 결과는 18.98미터에서 6.22 g/t의 금이 인상적인 교차점을 보여주며, 44.32미터에서 3.16 g/t의 금이 포함되어 있습니다. Omega Pacific은 이 프로젝트에서 51%의 지분을 확보했으며, 600만 달러의 투자 약속과 500만 주의 발행을 통해 80%의 지분을 목표로 하고 있습니다. 이 회사는 드릴 교차점을 확대하고, 추가 전략적 토지를 확보하며, GIC 목표를 연장했습니다. CopAur는 이제 100% 소유한 Kinsley 프로젝트를 진전시키고, 역사적인 Locke 금광을 탐색하는 데 집중할 것입니다.
CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF) rapporte des avancées significatives sur la propriété Williams dans le nord de la Colombie-Britannique grâce à son partenaire de coentreprise, Omega Pacific Resources. Les récents résultats de forage montrent des intersections impressionnantes de 6,22 g/t d'or sur 18,98 mètres, comprenant 3,16 g/t d'or sur 44,32 mètres. Omega Pacific a acquis un intérêt de 51 % dans le projet et travaille à atteindre une participation de 80 % par le biais d'un engagement d'investissement de 6 millions de dollars et l'émission de 5 millions d'actions. L'entreprise a élargi les intersections de forage, sécurisé des terrains stratégiques supplémentaires et étendu l'objectif GIC. CopAur se concentrera désormais sur l'avancement de son projet Kinsley, dont elle détient 100 %, et l'exploration de la mine d'or historique Locke.
CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF) berichtet von erheblichen Fortschritten auf der Williams Property im nördlichen Britisch-Kolumbien durch seinen Joint-Venture-Partner Omega Pacific Resources. Die jüngsten Bohrergebnisse zeigen beeindruckende Schnittstellen von 6,22 g/t Gold über 18,98 Meter innerhalb von 3,16 g/t Gold über 44,32 Meter. Omega Pacific hat sich eine 51%ige Beteiligung am Projekt gesichert und arbeitet daran, einen 80%igen Anteil durch ein Investitionsengagement von 6 Millionen Dollar und die Ausgabe von 5 Millionen Aktien zu erreichen. Das Unternehmen hat die Bohrschnittstellen erweitert, zusätzliche strategische Flächen gesichert und das GIC-Ziel ausgeweitet. CopAur wird sich nun darauf konzentrieren, sein 100%iges Eigentum am Kinsley-Projekt voranzubringen und die historische Locke-Goldmine zu erkunden.
- High-grade gold intersections: 6.22 g/t Au over 18.98m within 3.16 g/t Au over 44.32m
- JV partner successfully earned 51% interest through project advancement
- Expansion of drill intersections and strategic ground acquisition
- Dilution of CopAur's interest in Williams Property from 100% to 49%, potentially decreasing to 20%
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) ("CopAur" or the "Company") is pleased to update shareholders on the significant progress made at the Williams Property in Northern British Columbia by our joint venture partner, Omega Pacific Resources. Omega Pacific is earning an
In 2024, Omega Pacific Resources achieved remarkable milestones, successfully expanding drill intersections, securing additional strategic ground, and staking further property to extend the promising GIC target.
For full details, please refer to Omega Pacific's news release dated October 28th, 2024 or visit their website at omegapacific.ca.
We congratulate Omega Pacific on achieving a
Moving forward, CopAur's primary focus will shift to advancing our
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. 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. 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/228752
FAQ
What are the latest gold drilling results at CopAur Minerals' (COPAF) Williams Property?
What is the joint venture agreement between CopAur Minerals (COPAF) and Omega Pacific for the Williams Property?
What are CopAur Minerals' (COPAF) next focus projects after the Williams Property development?
