APEX Completes Update of CopAur's Kinsley Mountain Geology Model
CopAur transitions from explorer to developer as Kinsley Mountain PEA enters final modeling phase

The most recent news (February 23, 2026) confirms the completion of an updated geology and mineralization model for the flagship Kinsley Mountain Gold Project. This update integrated 20,000 meters of historical and recent drilling (2020-2023) into a unified model. Crucially, this data has now been handed over to Global Resource Engineering (GRE) to finalize the Preliminary Economic Analysis (PEA). Management is currently conducting "boots on the ground" site reviews to finalize the physical layout and arrangement for the upcoming economic study.
The impact is Routine - Positive. While the completion of a geological model is a necessary technical step, it is not a "game changer" in isolation. However, it confirms that the company is meeting the aggressive timeline set in January 2026 to deliver a PEA by late March or early April 2026. - Resource Confirmation: The model maintains the current resource of 418k oz Indicated (2.63 g/t) and 117k oz Inferred (1.51 g/t), with a high-grade core of 302k oz at 6.11 g/t. - De-risking: Moving the data to the PEA stage indicates that the geological interpretation is sufficiently robust for engineering and economic modeling. - Operational Continuity: The news follows a string of administrative and preparatory steps (permitting, awarding contracts, and management site visits) that show a disciplined progression toward a production decision.
CopAur Minerals is a Nevada-focused developer. Its flagship is the Kinsley Mountain Gold Project, a past-producing (1995-1999) Carlin-style open-pit mine. The project is located 90km south of the Long Canyon mine. The company also owns the Troy Canyon project (Nevada) and holds a significant equity stake and royalty in the Williams Property (BC) after selling its direct interest to Omega Pacific.