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CopAur Minerals Provides Overview of Historical High-Grade Gold Drill Intercepts at Kinsley Mountain Gold Project
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - CopAur Minerals Inc. (TSX...
About this update from Copaur Minerals Inc.
[{"type":"text","content":"CopAur Minerals Provides Overview of Historical High-Grade Gold Drill Intercepts at Kinsley Mountain Gold ProjectVancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) (\"CopAur\" or the \"Company\") is pleased to provide current & new shareholders a brief overview of prior high-grade gold drill intercepts at the Company's flagship Kinsley Mountain Gold Project (the \"Kinsley Mountain Project\" or \"Kinsley Mountain\") in Elko County, Nevada.The Kinsley Mountain Project was an historical past producer that yielded 138,000 ounces of near surface open pit oxide gold between 1995-1999. Kinsley contains current mineral resources comprising the high-grade Western Flank Zone and near surface oxide of 418,000 indicated ounces gold at 2.63 grams-per-tonne (g/t) gold, and 117,000 inferred ounces gold at 1.51 g/t gold[1]. Indicated resources are inclusive of 302,000 ounces averaging 6.11 g/t gold hosted within the Secret Canyon Shale at the Western Flank Zone. In 2013, gold mineralization was recognized on the west side of the Kinsley project in limestone and shale beds within the Hamburg Formation and Secret Canyon Shale, units that had not previously been recognized as potential hosts of gold mineralization (Figure 1). Subsequent drilling in 2014 returned numerous high-grade gold intercepts including PK137C that returned 21.3 g/t gold over 29 metres1 within the Secret Canyon Shale at the Western Flank (Table 1). Figure 1. Kinsley Mountain Gold Project Cross Section Through Mine Trend(Looking northeast)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7895/136745_a14728c4d46ce9f2_001full.jpgThe drill results that so recently led to this exceptional high-grade gold discovery show that gold is widespread in two different stratigraphic units. This emphasizes the significant property-wide discovery potential at Kinsley Mountain with over 12 km of prospective geology, alteration, and geochemical targets to explore, of which 80% remains untested by drilling. CEO Jeremy Yaseniuk stated, \"Initially released between 2013 and 2014, these drill results are relevant to CopAur's current exploration plans. Kinsley hosts numerous untested targets like the Western Flank Zone that we believe point to the potential of a much larger gold endowm...