CopAur Minerals Inc. announced results of the first four (4) reverse circulation (RC) drill holes targeting near surface oxide gold at the Company's Kinsley Mountain Gold Project in Elko County, Nevada. Kinsley Mountain is a unique property, located 90 km south of the Long Canyon Mine1, hosting eastern Great Basin Carlin-type high-grade sulphide Gold (Western Flank Zone) and near surface oxide gold resources (Main Pit North target). The four RC holes reported targeted near surface oxide gold mineralization within the Main Pit North area located 1 km southeast of the Western Flank Zone.

Drilling at Main Pit North during 2020 by the Company intersected high grade near surface oxide gold intercepts with the gold hosting Dunderberg shale 75 metres outside the current resource pit shell providing opportunities for near pit resource expansion. Diamond drill hole KMR23-03, collared 200 metres north of the current pit shell, returned 2.22 grams-per-tonne (g/t) gold (Au) oxide over 25.9 metres; including 4.2 g/t Au oxide over 10.7 metres. The intercept is significant given that at depth it lies within 50 metres of the current oxide resource pit shell.

Together with prior RC drilling by the Company outside the pit limits, including drill hole KMR20-030 that yielded 9.83 g/t Au oxide over 7.6 metres2 this new intercept reaffirms the presence of a relatively shallow, approximately 30 metre true thickness, oxide gold mineralized stratigraphic interval hosted within the Dunderberg shale and underlying Hamburg limestone that warrants additional drilling. Drill holes KMR23-04 and KMR23-02 flanking KMR23-03 to the west and east returned 2.02 g/t Au over 7.6 metres; and 1.5 g/t Au over 4.6 metres, respectively further demonstrating the significance of the Dunderberg-Hamburg units as the premiere oxide gold host at Kinsley. Drill hole KMR23-01 did not return significant intercepts.