Copaur's Kinsley Mountain geology model gets updated

Executive Summary

• APEX Geoscience Ltd. has completed the integration of approximately 20,000 meters of reverse circulation and diamond core drilling data (from 2020 and 2023) into Copaur Minerals Inc.'s Kinsley Mountain geology and mineralization model.
• The updated model has been uploaded to the company's data room for Global Resource Engineering (GRE) to utilize in generating the Preliminary Economic Analysis (PEA).
• A joint team including APEX, GRE, and the Lead Ram owner's team is convening on-site in eastern Nevada to review layout and arrangement issues relevant to the PEA.

Key Details

• Drilling Integration: Integration of ~20,000 meters of reverse circulation and diamond core drilling completed in 2020 and 2023.
• Current Mineral Resources (Kinsley Mountain):
  • Indicated: 418,000 ounces at 2.63 g/t gold.
  • Inferred: 117,000 ounces at 1.51 g/t gold.
  • High-Grade Western Flank Zone: 302,000 ounces averaging 6.11 g/t gold.
• PEA Progress: The updated geology model is a critical component for Global Resource Engineering (GRE) to generate the Preliminary Economic Analysis.
• Next Steps: On-site review of site-specific layout and arrangement issues for the PEA by representatives from Copaur, APEX, GRE, and the Lead Ram owner's team.

Notable Quotes

• "Updating the Kinsley Mountain geology model is a key milestone in progressing the project and comprises a critical component of the PEA. I'm excited to assemble our team on the Kinsley property, as nothing beats 'boots on the ground' to get the team focused on what is required to move this project forward," commented Andrew Neale.