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CopAur Minerals Starts 2023 Drill Program at Kinsley Mountain Gold Project
CopAur To Host Virtual Conference On Kinsley Mountain Developments Vancouver, British Columbia...
About this update from Copaur Minerals Inc.
[{"type":"text","content":"CopAur Minerals Starts 2023 Drill Program at Kinsley Mountain Gold ProjectCopAur To Host Virtual Conference On Kinsley Mountain DevelopmentsVancouver, British Columbia--(Newsfile Corp. - May 15, 2023) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQB: COPAF) (\"CopAur\" or the \"Company\") is pleased to announce it has finalized plans for an upcoming 3,000 metre (m) combined reverse circulation (RC) and diamond core drilling program at the Company's flagship Kinsley Mountain Gold Project (the \"Kinsley Mountain Project\" or \"Kinsley Mountain\") in Elko County, Nevada. CEO Jeremy Yaseniuk stated, \"The last drill program completed in 2020 yielded new surface oxide gold discoveries at Secret Spot and some of the highest grade near surface oxide gold ever intersected on the Project at Main Pit North, located only 75 metres outside our current resource pit shell. These have never been followed up on until now. Through execution of our planned 2023 drilling, we see a path forward to the expansion of near surface oxide gold resources, the potential for new near-mine discoveries through the testing of IP-geophysical anomalies, and continued demonstration of the quality of our high-grade gold Western Flank Zone gold resource via targeted infill drilling.\"Kinsley Project hosts current mineral resources comprising the high-grade sulphide 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 gold1. 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. The Kinsley Project was an historical past producer that yielded 138,000 ounces of near surface open pit oxide gold between 1995-1999 (Figure 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/7895/166183_9868a43e9462ea8f_001full.jpgThe 2023 Kinsley Mountain drill program will comprise up to 2,300 metres of RC and 1,200 m of diamond drilling comprising resource infill drilling of the high-grade gold Western Flank Zone (2 core holes for 700 m), near surface oxide-gold resource expansion and delineation (19 RC holes for 2,300 m) at the Main Pit North Oxide and Secret Spot targ...