Business
CopAur Drills 32 Metres of 15.3 g/t Gold; Including 10.7 Metres of 24.1 g/t Gold at Kinsley Mountain
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2023) - CopAur Minerals Inc. (TS...
About this update from Copaur Minerals Inc.
[{"type":"text","content":"CopAur Drills 32 Metres of 15.3 g/t Gold; Including 10.7 Metres of 24.1 g/t Gold at Kinsley MountainVancouver, British Columbia--(Newsfile Corp. - November 17, 2023) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) (\"CopAur\" or the \"Company\") is pleased to announce the final drill results for two (2) diamond core holes from the Company's flagship Kinsley Mountain Gold Project (the \"Kinsley Mountain Project\" or \"Kinsley Mountain\") in Elko County, Nevada. Kinsley Mountain is a unique property, located 90 km south of the Long Canyon Mine1, hosting eastern Great Basin Carlin-type high-grade sulphide Gold (WFZ) and near surface oxide gold resources (Main Pit North target). The Project was a historical past producer that yielded 138,000 ounces of near surface open pit oxide gold between 1995 and 1999 when mining was suspended.Diamond drill hole KMD23-02, targeting resource infill at the high-grade sulphide WFZ, returned 15.3 grams-per-tonne (g/t) gold (Au) over 32.3 metres; including 24.1 g/t Au over 10.7 metres (Table 1 and Figures 2 and 3). These results, in conjunction with prior 2020 drilling by the Company that yielded multiple near surface oxide and high-grade sulphide gold intercepts at depth (Table 2), reinforces the continuity and exceptionally high-grade nature of Secret Canyon shale-hosted sulphide gold mineralization. The WFZ remains open along corridors to the north, west and east which the Company intends to continue to test with continued drilling as soon as possible.Table 1: Kinsley Mountain 2023 Drilling Significant InterceptsHole IDReleasedZoneFromToInterval (m)1Au (g/t)* NaCN Soluble Au Recovery (%)(dip/azimuth)(m)(m)KMD23-02 (-80/185)Current NewsWestern Flank254.5286.832.315.28Sulphideincluding254.5257.93.445.19including265.5276.110.724.07KMD23-01 (-76/085)Sept. 29, 2023267.6287.920.312.55Sulphideincluding283.2287.94.729.43Sulphide * True widths of the mineralized intervals are interpreted to be between 60-90% of the reported lengths.Diamond drill hole KMD23-03, targeting an untested geophysical anomaly on trend between the WFZ intersected a greater than 80 metre core length fault bounded interval of the Secret Canyon Shale containing anomalous arsenic pathfinder values that did not return significant gold values. CEO Jeremy Yaseniuk stated, \"Once again the Western Flank Zone has yielded except...