Copaur Minerals hires GRE for Kinsley Mountain PEA

Executive Summary

• Copaur Minerals Inc. has awarded Global Resource Engineering (GRE) a contract to develop the Preliminary Economic Analysis (PEA) for its Kinsley Mountain gold project.
• The PEA will be prepared in compliance with National Instrument 43-101 and will update the previous technical report from 2021, incorporating data from an updated geological model currently being prepared by APEX Geoscience.
• GRE was selected through a competitive bidding process against three other firms, chosen for their experience with Nevada gold heap leach projects and their fit with the company's timeline and budget.

Key Details

• Contractor: Global Resource Engineering (GRE), a Denver-based engineering firm specializing in mining consulting, mine design, plant design, cost estimation, and metallurgical/environmental support.
• Project: Kinsley Mountain gold project (Carlin-style gold project in eastern Nevada).
• Scope of Work: Preparation of a NI 43-101-compliant Preliminary Economic Analysis (PEA).
• Technical Basis: The PEA will review and update the NI 43-101 technical report completed by Mine Development Associates in 2021 and incorporate information from the updated Kinsley geological model being prepared by APEX Geoscience.
• Selection Process: GRE was selected after a competitive bidding process involving three highly regarded engineering services firms with experience in developing gold heap leach projects in Nevada.
• Selection Criteria: GRE was deemed the best fit regarding completeness, cost, and timing of delivery.
• Timeline: The report is expected to be completed in late March or early April.

Notable Quotes

• "GRE have previous experience working with the Copaur owner's team and have worked with APEX Geoscience of similar projects, so it's a good fit all around. We expect the report to be completed in late March or early April, which is consistent with the overall schedule for developing the Kinsley project," commented Andrew Neale.