Copaur to complete mapping, sampling at Troy Canyon

Executive Summary

• Copaur Minerals Inc. has commenced a geologic mapping and rock geochemical field program at its 100%-owned Troy Canyon property in Nevada, engaging Apex Geoscience Ltd. to follow up on high-grade gold-silver assays from prior sampling.
• The company announced the grant of one million stock options to directors, officers, employees, and consultants, exercisable at $0.15 per share for a five-year term.
• Initial field observations indicate mineralized quartz vein and breccia localization along the sheared contact of the Troy pluton, supporting a permitting program scheduled for 2026 to enable diamond drilling in late 2026 or early 2027.

Key Details

• Exploration Program:
  • Contractor: Apex Geoscience Ltd. (Edmonton, Alta.).
  • Location: Troy Canyon property, Grant range of eastern Nye County, Nevada, ~150 km east of Tonopah.
  • Property Details: 59 contiguous unpatented mineral claims covering 493 hectares.
  • Objective: Advance understanding of structural and geologic controls on mineralization preparatory to diamond drill hole planning.
  • Timeline: Field crews currently on site; permitting program planned for 2026; diamond core drill program targeted for late 2026 or early 2027.
• Prior Sampling Highlights (Troy Canyon):
  • Locke West and East Mine Prospects: 42.7 g/t Au, 15 g/t Au, and 91 g/t Ag in outcrop of partially oxidized silica-sulphide breccia.
  • Locke East Mine Waste Dumps: 37.7 g/t Au in oxidized quartz vein material.
  • Western Troy Canyon Claims (Leadhill and Galena vein trends): 7.68 g/t Au (including 526 g/t Ag), plus 97.20 g/t Ag and 105 g/t Ag from mine dump material. This coincides with a 1.2 km north-south trending soil anomaly >10 ppb Au.
• Geological Context:
  • High-grade gold mineralization occurs within massive quartz veins, vein breccias, and sheeted vein/stockwork zones exposed for over 300 metres.
  • Mineralization is located along the contact between the limestone hangingwall and quartz monzonite footwall of the Tertiary (23 million years) Troy pluton.
  • Initial observations show preferential localization along the intensely sheared contact of the Troy pluton and down plunge continuity possibly related to fold axes within overlying Cambrian limestone and shale units.
• Stock Option Grant:
  • Quantity: 1,000,000 stock options.
  • Recipients: Directors, officers, employees, and consultants.
  • Exercise Price: $0.15 per common share.
  • Term: Five years from the date of grant.
  • Authority: Granted in accordance with the company's stock option plan.

Notable Quotes

• "The Troy Canyon property encompasses the past-producing Locke mine, which operated in the late 1940s, processing ore on a small scale, with gold grades reportedly in excess of 10 grams per tonne. This field reconnaissance is designed to support a permitting program in 2026 that will allow the company to initiate a diamond core drill program in late 2026 or early 2027," commented Andrew Neale.