Copaur Minerals Inc. announced results for the first diamond drill hole completed during 2023, and the first hole drilled since 2020, at the Company's Kinsley Mountain Gold Project (the "Kinsley Mountain Project" or "Kinsley Mountain") in Elko County, Nevada. The 2023 drilling follows up on the highly successful 49 hole, 18,000 metres 2020 Kinsley drill campaign. 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).

Diamond drill hole KMD23-01, located 550 metres northwest of the past-producing pits at Kinsley, returned 12.6 grams-per-tonne (g/t) gold (au) over 20.3 metres; including 29.4 g/t Au over 4.7 metres. Western Flank Zone (WFZ) resource infill drill hole KMD23-1, was designed to test below 2013 drill hole PK091CA that was the initial high-grade gold discovery hole at WFZ and terminated in mineralization at a depth of 292 metres. KMD23-01 successfully confirmed the high-grade gold mineralized intersect within this area of lower drill density transecting the complete section of the Secret Canyon Shale gold host.

The 2023 Kinsley Mountain drill program comprises a series of seven (7) RC drill holes and three (3) diamond drill holes completed at the high-grade Western Flank Zone, Main Pit North oxide target, and Kinsley Ridge targets. Additional results for RC drilling at Main Pit North targeting broad >0.2 g/t Au intercepts for near surface oxide gold resource expansion, and diamond drill holes (Western Flank Zone resource infill, and Kinsley Ridge geophysical target) will be released in the coming weeks as results become available. Technical Report on the Kinsley Project, Elko County, Nevada, U.S.A., dated June 21, 2021, with an effective date of May 5, 2021, and prepared by Michael M. Gustin and Gary L. Simmons, and filed under New Placer Dome Gold Corp.'s issuer profile on SEDAR.

Methodology and QA/QC. Assaying was performed by ALS Global (ALS), Vancouver Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited analytical laboratory that is independent of CopAur Minerals Inc. and the QP.

Drill core and RC drill samples were subject to crushing to a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. Gold determination was via standard 30-gram fire-assay (FA) analysis with atomic absorption spectroscopy (AAS) finish, in addition to 51 element ICP-MS. Samples returning greater than 10 g/t Au are subject to gravimuth (AAS) finish, and a total of 10 g/t Au are subjects to gravimuth, and a total of 100 g/t Au over 4,000 metres. Samples returning greater than 1 g/t Au are subject To test below 2013 drill hole PK91CA that was the initial low-grade gold discovery hole atWFZ and terminated in mineralized intervals at WFZ and terminated In addition to a depth of 292 metres.

Drill core and RC drill sample samples were subject to crushing to the minimum of 70% passing 2mm, followed by pulverizing the 250-gram split to 85%. Gold determination was via standard 30 -gram fire-assay (FA) analysis with atomic absorption spectopy (AAS) finish. Gold determination was via standard30-gram fire-assay ("AAS) finish, in combination to 51 element ICP- MS.S samples returning greater than 10 g/T Au are subject to gravimut Au are subject to gravimute Au.