Duyuru • Nov 27
CopAur Minerals Inc. to Update Current Kinsley Mountain Geology and Mineralization Model CopAur Minerals Inc. reported that the company has contracted APEX Geoscience Ltd. of Edmonton, AB to begin work to integrate the results of approximately 20,000 meters of reverse circulation and diamond core drilling completed in 2020 and 2023 into the existing Kinsley Mountain geology and mineralization model. Kinsley hosts current mineral resources of 418,000 indicated ounces at 2.63 g/t gold and 117,000 inferred ounces at 1.51 g/t gold, (a total of 535,000 ounces Indicated & Inferred) which include 302,000 ounces averaging 6.11 g/t gold within the high-grade Western Flank Zone. Near surface oxide intercepts from the 2020/23 drill programs, as previously reported, include: 9.83 g/t gold over 7.6 metres within a broader zone grading 2.88 g/t Au over 36.6 metres in KMR20-030 at Mine Pit North located 75 metres north of the existing resource pit shell. 2.22 g/t Au over 25.9 metres; including 4.2 g/t Au over 10.7 metres in KMR23-03 at Main Pit North outside the resource pit shell. 1.77 g/t gold over 25.3 metres in KMD20-07B, a new surface oxide discovery at Secret Spot. Duyuru • Nov 20
CopAur Minerals Inc. announced that it has received CAD 3.28142 million in funding On November 19, 2025, CopAur Minerals Inc closed the transaction. the company issued 32,814,200 units at a price of CAD 0.1 per unit for aggregate gross proceeds of CAD 3,281,420. All securities issued in conjunction with this private placement are subject to a hold period expiring four months plus a day after the date of issuance. Finder fees of CAD 6,000 cash and 24,000 non-transferable finder warrants at $0.20 for a period of two years were paid. In connection with the Private Placement, certain management who are insiders of the Company, acquired 1,500,000 Units, representing 4.6% of the Units sold under the Private Placement. Participation by the Insiders in the Private Placement was considered a “related party transaction” pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). Duyuru • Oct 24
CopAur Minerals Inc. announced that it expects to receive CAD 3 million in funding CopAur Minerals Inc. announced a private placement to issue 30,000,000 units (the "Units"), at a price of CAD 0.10 per Unit for gross proceeds of CAD 3,000,000 on October 23, 2025. Each Unit consisting of one common share and one-half share purchase warrant, each whole warrant (the "Warrants") entitling the holder thereof to purchase one additional common share, exercisable for a period of two (2) years from the date of issuance at a price of CAD 0.20 per share. The Company may pay finders' fees in connection with the Private Placement in accordance with the rules and policies of the TSX-V. Insiders may participate in this Private Placement. All securities issued will be subject to a four-month hold period in accordance with applicable securities laws. Duyuru • Oct 14
CopAur Minerals Inc., Annual General Meeting, Dec 19, 2025 CopAur Minerals Inc., Annual General Meeting, Dec 19, 2025. Duyuru • Sep 09
Copaur Minerals Inc. Appoints Andrew Neale as Chief Executive Officer, Effective September 8, 2025 CopAur Minerals Inc. announced the appointment of Andrew Neale as Chief Executive Officer, effective September 8, 2025. Mr. Neale brings over 35 years of global mining experience spanning exploration, engineering, construction, operations, and executive leadership. Mr. Neale has held senior positions with leading companies including Freeport-McMoRan, where he oversaw large-scale copper and gold operations at Grasberg in Indonesia, as well as executive roles with Hemco Nicaragua, Merdeka Copper &Gold, and Bumi Resources Minerals. He has successfully advanced projects across Asia, the Americas, and other jurisdictions, while also providing technical and financial consulting to international investment funds. Mr. Neale holds a Master's and Bachelor's degree in Mineral Processing Engineering from the University of Alberta, and a Bachelor of Science from the University of British Columbia. Duyuru • Jul 08
CopAur Minerals Inc. Announces Advisory Board Appointments CopAur Minerals Inc. announced the appointment of Chester Millar and Duane Nelson to its Advisory Board. Chester Millar is widely credited with pioneering heap leach gold extraction, a breakthrough that made low-cost, high-margin gold production feasible worldwide. He founded the Afton Mine and served as Chairman of Glamis Gold Ltd. from 1985 to 1998, transforming it from a junior explorer into a North American gold powerhouse. Glamis was acquired by Goldcorp in 2006 for USD 8.2 billion--one of the most notable mining transactions in history. Mr. Millar has also played key roles in the success of Eldorado Gold Corp, Castle Gold Corp, Glencairn Gold (now part of B2Gold), New Oroperu Resources, Alamos Gold Inc. Millar brings with him a world-class team of oxide gold heap leach specialists, whose technical leadership will be pivotal in advancing CopAur's projects toward production.Chester Millar--a Canadian Mining Hall of Fame inductee--As the pioneer of heap leaching, Mr.Millar fundamentally changed the economics of gold production, enabling the development of numerous low-cost, high-margin gold mines. This team is expected to play a key role in advancing CopAur's past producing Kinsley Mountain and Troy Canyon past producing oxide gold assets. Also joining the Advisory Board is Duane Nelson, a recognized innovator and entrepreneur in the field of environmentally responsible metallurgy. Mr. Nelson is the founder and CEO of Innovation Mining Inc., a company pioneering eco-friendly metal extraction processes as alternatives to conventional cyanide and smelting methods. Duyuru • Jun 12
CopAur Minerals Inc. announced that it has received CAD 0.5905 million in funding On June 11, 2025, CopAur Minerals Inc. has closed non- brokered private placement financing for gross proceeds of CAD 85,000, increasing the previously closed CAD 505,500 financing to CAD 590,500. The company has issued 850,000 units at a price of CAD 0.10 for gross proceeds of CAD 85000. Each unit will comprise one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of CAD 0.15 for a period of 18 months from the date of issuance. The warrants will be subject to an acceleration clause: If the company's common shares trade at or above 20 cents for 10 consecutive trading days on the TSX Venture Exchange, the company may accelerate the expiry date of the warrants to 30 days following the date on which notice is provided to the holders. Closing of the private placement is subject to regulatory approval, including that of the TSX Venture Exchange. All securities issued will be subject to a four-month hold period in accordance with applicable securities laws. Duyuru • May 23
CopAur Minerals Inc. announced that it expects to receive CAD 0.4 million in funding CopAur Minerals Inc. announced a non brokered private placement to issue 4,000,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 400,000 on May 22, 2025. Each unit will comprise one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of CAD 0.15 for a period of 24 months from the date of issuance. The placement has been allocated to a select group of participants who are strategically aligned with company's long-term vision. As the offering is now fully subscribed, the Company is not soliciting further interest at this time. Closing of the placement is subject to regulatory approval, including that of the TSX Venture Exchange. All securities issued will be subject to a four-month hold period in accordance with applicable securities laws. Duyuru • Jan 24
CopAur Minerals Inc. announced that it has received CAD 1.483 million in funding On January 23, 2025, CopAur Minerals Inc closed the transaction. The company issued 14,830,000 units at a purchase price of CAD 0.10 per Unit, for gross proceeds of CAD 1,483,000 from 11 subscribers. Jeremy Yaseniuk, the Company’s CEO and a director, subscribed for 2,730,000 Units, representing 18.4%of the Units sold under the Private Placement. Duyuru • Dec 19
CopAur Minerals Inc. announced that it expects to receive CAD 1.5 million in funding CopAur Minerals Inc. announced a non-brokered private placement offering of up to 15,000,000 units at a price of CAD 0.10 to raise gross proceeds of CAD 1,500,000 on December 17, 2024. Each Unit is comprised of one common share and one-half of one share purchase warrant. Each whole Warrant will entitle the holder to acquire an additional common share of the Company at an exercise price of CAD 0.15 per share for a period of two years from the closing date. The financing is subject to TSX Venture Exchange approval. The transaction will include participation from Management. No commissions will be paid. Duyuru • Nov 13
Omega Pacific Resources Inc. (CNSX:OMGA) acquired 51% stake in Williams Property from CopAur Minerals Inc. (TSXV:CPAU). Omega Pacific Resources Inc. (CNSX:OMGA) acquired 51% stake in Williams Property from CopAur Minerals Inc. (TSXV:CPAU) on November 12, 2024. The acquisition follows an option agreement signed on February 29, 2024, allowing Omega Pacific to incrementally purchase up to 100% of the property in several stages.
Omega Pacific Resources Inc. (CNSX:OMGA) completed the acquisition of 51% stake in Williams Property from CopAur Minerals Inc. (TSXV:CPAU) on November 12, 2024. New Risk • Oct 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 8.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€6.61m market cap, or US$7.13m). Minor Risk Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Duyuru • Sep 24
CopAur Minerals Inc., Annual General Meeting, Nov 29, 2024 CopAur Minerals Inc., Annual General Meeting, Nov 29, 2024. Location: british columbia, vancouver Canada New Risk • Aug 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 8.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€6.74m market cap, or US$7.43m). Minor Risk Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Duyuru • Aug 14
CopAur Minerals Inc. (TSXV:CPAU) completed the acquisition of remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV). CopAur Minerals Inc. (TSXV:CPAU) signed a term sheet to acquire remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV) for CAD 0.66 million on July 8, 2024. CopAur Minerals Inc. (TSXV:CPAU) agreed to acquire remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV) on August 8, 2024. As per the consideration CopAur Minerals Inc. will pay CAD 0.475 million and will issue 1 million common shares. The Shares would be deposited in escrow and released in successive releases of 0.25 million Shares once every calendar quarter commencing after expiry of the four-month statutory hold period following the closing date. If the transaction is completed, CopAur will own 100% of Kinsley Mountain. The transaction is subject to a number of conditions including CopAur arranging a financing in the amount of a minimum of CAD 0.475 million, completion of satisfactory due diligence, and the fulfilment of various closing conditions, including acceptance by the TSX Venture Exchange.
CopAur Minerals Inc. (TSXV:CPAU) completed the acquisition of remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV) on August 12, 2024. Duyuru • Jul 08
CopAur Minerals Inc. (TSXV:CPAU) signed a term sheet to acquire remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV) for CAD 0.66 million. CopAur Minerals Inc. (TSXV:CPAU) signed a term sheet to acquire remaining 18.74 % stake in Kinsley Mountain Property from Nevada Sunrise Metals Corporation (TSXV:NEV) for CAD 0.66 million on July 8, 2024. As per the consideration CopAur Minerals Inc. will pay CAD 0.475 million and will issue 1 million common shares. The Shares would be deposited in escrow and released in successive releases of 0.25 million Shares once every calendar quarter commencing after expiry of the four-month statutory hold period following the closing date. If the transaction is completed, CopAur will own 100% of Kinsley Mountain. The transaction is subject to a number of conditions including CopAur arranging a financing in the amount of a minimum of CAD 0.475 million, completion of satisfactory due diligence, and the fulfilment of various closing conditions, including acceptance by the TSX Venture Exchange. Duyuru • Jun 27
CopAur Minerals Inc. to Initiate Work at Troy Canyon Gold and Silver Project That Has Never Been Drilled CopAur Minerals Inc. announced plans to initiate baseline surveys prior to submission of a US Bureau of Land Management (BLM) Plan of Operations permit application to support future exploration drilling and access construction at its at its 100% owned Troy Canyon Gold-Silver Property (the "Troy Canyon Project" or the "Project") located in Nye County. Baseline surveys are expected to commence with an initial field visit by CopAur's permitting consultant Thorne Solutions LLC. Subsequent baseline surveys are expected to compromise, wildlife, vegetation and cultural resource surveys preparatory to submission of a BLM POO permit application. The permit will allow for exploration drilling to advance significant historic underground and current surface gold-silver anomalies identified at Troy Canyon, which has never been drilled to date. This will be the first time that modern exploration techniques have ever systematically been employed to this property. Highlights of CopAur rock sampling at Troy Canyon include: 42.7 grams-per-tonne (g/t) gold (Au) and 15 g/t Au, and 91 g/t silver (Ag) in outcrop of partially oxidized silica-sulphide breccia at the historic Locke West and East Mine prospects. The most recent mining took place from 1948 to 1950 where 643 ounces of gold and 660 ounces of silver were reportedly produced from 1,859 tons of mineralized rock, at an average grade of 11.83 g/t gold (0.345 oz/t Au) and 12 g/t silver (0.355 oz/t Ag). The area of the old Locke Mine in Troy Canyon hosts mesothermal gold and silver mineralization with potential for economically significant concentrations. Mesothermal systems typically are persistent to great depths. To date the system seen on the Troy Canyon Project has only been investigated over a vertical extent of approximately 180 metres, with the bulk of the work having been concentrated on the hanging wall of the quartz host. Recent assessments (late 1980s to early 2000s) of the project by multiple companies include sampling of surface and underground quartz exposures, mine dumps, mineral processing facilities, and tailings piles. In 2004, Miranda Gold Corp. determined that stopes were developed on multiple 'stacked' north-trending, moderately east-dipping veins. Three of 13 underground stope rock grab samples collected by Miranda reportedly returned 47.8 g/t gold, 48.4 g/t gold, and a high of 576 g/t gold (16.8 oz/ton Au). The remaining ten rock samples collected from underground stope and adit wall outcrops returned values ranging from <1 g/t gold to 8.8 g/tgold, and from 0 g/t silver to 27 g/t silver to27 g/t silver. In 2007, Portage Minerals Inc. completed a multi-parameter exploration program on the project that included a property-wide soil geochemical survey, focused IP/Resistivity and CSAMT surveys, and rock chip sampling and surveying of the main Locke mine underground workings. The soil geochemical program identified several zones of anomalous gold outbound of the mine and a strong northwest trending IP anomaly in the southeast part of the survey area. Gold mineralization is associated with grey, late-stage vuggy, sugary limonitic quartz and minor sphalerite, galena and arsenopyrite, and a strong gold-bismuth correlation suggests that mineralization is part of an intrusive-related mesothermal gold vein system. Compiled data for the Troy Canyon Project reference only one exploration drill-hole which apparently was terminated in mineralized limestone before reaching the vein. New Risk • Feb 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.20m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.5m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€9.20m market cap, or US$9.91m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Duyuru • Jan 15
Copaur Minerals Inc. Plans Integrated Exploration Data Analysis and Machine Learning Exploration Targeting Study At Kinsley Mountain CopAur Minerals Inc. announced plans to initiate an integrated exploratory data analysis (EDA) and advanced machine learning study at the Company's Kinsley Mountain Gold Project) in Elko County, Nevada. Based on exceptionally high grade sulphide and near surface oxide drill intercepts, including 20.3 metres averaging 12.6 grams-per-tonne (g/t) gold (Au), and 26 metres averaging 2.22 g/t Au returned from its successful 10 hole, 2,287 metre 2023 Kinsley Mountain exploration campaign, the Company plans to leverage its expansive exploration dataset comprising over 160,000 metres of drilling, in addition to a detailed 3D stratigraphic model, property wide soil and rock geochemistry, airborne and ground geophysical surveys (including ground IP/resistivity, gravity, and airborne VTEM/magnetics) to prepare an integrated exploratory data analysis ("EDA") study. The purposed of the EDA study is to advance the understanding of the Kinsley Mountain Project's mineralization that will increase the efficiency and robustness of future exploration, targeting, resource definition, and development work. Following the EDA study, the combined exploration datasets will be subject to advanced machine learning algorithms to understand the complex multi-dimensional relationships between the data types leading to the generation of prospectivity models to drive discovery. The company expects to initiate the study in early 2024, leading to results before end of second quarter 2024. Duyuru • Nov 18
Copaur Minerals Inc. Announces Final Drill Results for Two (2) Diamond Core Holes from the Kinsley Mountain Gold Project in Elko County, Nevada CopAur Minerals Inc. announced the final drill results for two (2) diamond core holes from the Company's 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 Mine, 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. 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, 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. 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. Duyuru • Nov 17
CopAur Minerals Inc. Reports Results from the Final Three Reverse Circulation Holes Completed During 2023 Exploration At the Kinsley Mountain Gold Project in Elko County, Nevada CopAur Minerals Inc. has reported the results from the final three reverse circulation holes completed during 2023 exploration at the Kinsley Mountain Gold Project in Elko County, Nevada. Resource expansion drilling during 2023 at the Main Pit North zone has intersected oxide gold intercepts higher than the resource cut-off of 0.2 grams per tonne ("g/t") gold. The current results in conjunction with the previous 2023 results and historical drilling by previous operators suggest an emerging zone of mineralization at Main Pit North extending outside of the current resource pit shell. These new intercepts have not been included in any resource calculations. Hole ID (dip/azimuth) KMR23-05 (-83/160) Zone Main Pit North 114.3m 121.9m Gold Value (g/t) 0.42 NaCN Soluble Gold Recovery 78 % KMR23-07 (-88/017) Main Pit North 129.6 13.7 0.51 56%. RC drill hole KMR23-06 at Main Pit North experienced poor recovery, leaving insufficient material for sampling. A total of seven (7) RC drill holes and three (3) diamond drill holes comprising 2,285 metres (7,495 feet) were completed in 2023 at the high-grade Western Flank Zone, the Main Pit North, and the new Kinsley Ridge target. All samples, including QA/QC samples, were shipped to ALS Global in North Vancouver, British Columbia, Canada for multi-element analysis and fire assay for gold. Duyuru • Sep 09
Copaur Minerals Inc. Announces Completion of Drilling At the Kinsley Mountain Gold Project, Nevada Nevada Sunrise Metals Corp. announced that its joint venture partner, CopAur Minerals Inc. has reported the completion of the 2023 reverse circulation and diamond drilling program at the Kinsley Mountain Gold Project located in Elko County, Nevada, USA. A total of seven (7) RC drill holes and three (3) diamond drill holes comprising 2,285 metres (7,495 feet) were completed at the high-grade Western Flank Zone, Main Pit North, and the new Kinsley Ridge target. All samples, including QA/QC samples, were shipped to ALS Global in North Vancouver, British Columbia, Canada for multi-element analysis and gold fire-assay. Results will be released following their receipt and interpretation by CopAur, operator of the Project. Kinsley Mountain hosts current indicated mineral resources comprising a National Instrument 43-101 compliant gold resource consisting of 418,000 indicated ounces of gold grading 2.63 g/t Au (4.95 million tonnes), and 117,000 inferred ounces of gold averaging 1.51 g/t Au (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t Au1. Indicated resources are inclusive of 302,000 ounces averaging 6.11 g/t gold hosted within the Secret Canyon Sale at the Western Flank Zone. The Kinsley Mountain property hosts a historical past-producing mine that yielded 138,000 ounces of near-surface, open-pit oxide gold mined by Alta Gold Company between 1995-1999. Duyuru • Aug 27
CopAur Minerals Inc. announced that it has received CAD 0.5 million in funding On August 25, 2023, CopAur Minerals Inc. closed the transaction. Recent Insider Transactions • Aug 25
Chairman & President recently sold €163k worth of stock On the 21st of August, Conrad Swanson sold around 600k shares on-market at roughly €0.27 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Conrad has been a net seller over the last 12 months, reducing personal holdings by €159k. Duyuru • Aug 22
CopAur Minerals Inc. announced that it expects to receive CAD 0.5 million in funding CopAur Minerals Inc. announced a private placement of 1,000,000 units at a price of CAD 0.50 per Unit for gross proceeds of CAD 500,000 on August 21, 2023. The transaction will include participation from Jeremy Yaseniuk, the Chief Executive Officer of the company and Conrad Swanson, the Chairman of the company. Each unit will consist of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to acquire one additional common share at an exercise price of CAD 0.75 for a period of 24 months following the date of issuance. The transaction will be subject to the approval of the TSXV, and all securities issued in connection with the transaction will be subject to a regulatory hold period of four months and one day from the closing of the transaction. Duyuru • Jul 14
CopAur Minerals Inc. Announces Drilling Third Strategic Hole and Mobilizing Second Drill At Kinsley Mountain Gold Project CopAur Minerals Inc. announced that a it has completed the first two core holes. A for total of 607 metres of infill drilling (KMR23-01, and KMR23-02) targeting the high-grade Western Flank Zone (WFZ). Drilling is now underway on the third planned core hole KMR23-03 at the Kinsley Ridge IP geophysical target discovered in 2021. The Kinsley Ridge IP target is designed to target an undrilled area between WFZ mineral resource and the past producing Ridge Pit. Core cutting and sampling of the first WFZ core hole is now complete, and samples will be shipped to ALS Global in North Vancouver, Canada for gold fire assays and multi-element analysis in the coming days. The second drill rig is now turning, with the commencement of reverse circulation (RC) drilling, as part of the 3,500 metre (m) combined reverse circulation (RC) and diamond core drilling program at the Company's Kinsley Mountain Gold Project (the "Kinsley Mountain Project" or "Kinsley Mountain") in Elko County, Nevada. Near surface oxide-gold resource expansion RC drilling has now commenced at the Main Pit North target (8 holes for a total of 1,200 metres planned) designed to further delineate the companies 2020 shallow oxide gold intercept of 9.83 g/t gold over 7.6 metres in KMR20-030. High-grade oxide gold mineralization at Main Pit North occurs within 120 metre depth from surface and 75 metres outside the current resource pit shell representing a unique resource expansion opportunity given the high-grade and shallow depth of the mineralization being targeted. Following completion of RC drilling at Main Pit North the drill will move to the Secret Spot target where drilling designed to further delineate new 2020 surface oxide gold discovery that yielded 1.77 g/t gold over 25.3 metres in KMD20-007B in the centre of a broader 400 x 300 metre northwest trending gold in soil anomaly. New geological mapping completed this month indicates more extensive Dunderberg Shale, a well demonstrated Kinsley Mountain gold host, than previously recognized, and association of drilled gold mineralization with steeply dipping southeast striking structures, which opens the potential expansion of the KMD20-007B surface oxide gold zone at depth. The Kinsley Project hosts mineral resources comprising the high-grade sulphide Western Flank Zone and near surface oxide of 418,000 indicated ounces gold at 2.63 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. New Risk • Jun 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 102% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 2.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€28.7m market cap, or US$30.9m). Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Chairman & President Conrad Swanson is the most experienced director on the board, commencing their role in 1996. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 05
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. 2 highly experienced directors. Chairman & President Conrad Swanson is the most experienced director on the board, commencing their role in 1996. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.