News
ORIGINAL: CopAur Minerals Commences Bolo Gold-Silver Project 2022 Exploration Program
2022-07-18 08:01 ET - News Release
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2022) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQB: COPAF) ("CopAur" or the "Company") is pleased to announce that the 2022 exploration program has commenced at the Bolo gold-silver project ("Bolo" or the "Project"). Bolo is located in the Hot Creek Range of Nye County, Nevada, 65 kilometres east-southeast of the Round Mountain Gold Mine[1].
Phase 1 of the 2022 Bolo Gold-Silver Project exploration will comprise surface prospecting and grid rock chip geochemical sampling, targeting the northern extensions of the known gold bearing Mine Fault and East Fault structures; including potential new drill targets within the prospective Windfall Formation unit (Figure 1, and CopAur news release dated June 6, 2022). In total approximately 600 samples will be collected, designed to infill, and extend historical rock chip coverage 1 km north-south and 300 m east-west along two parallel proven gold mineralized fault structures.
Jeremy Yaseniuk, CEO, commented, "We are excited to begin the summer exploration program at Bolo with an eye on developing new, untested targets to the north and northeast. Our systematic approach to exploration at Bolo, incorporating the surface rock sampling and the recently completed IP/resistivity geophysics, is expected to yield high-quality drill targets for the upcoming core and RC drilling program."
Figure 1: Bolo Gold-Silver Project 2022 Rock Sampling
To view an enhanced version of Figure 1, please visit:
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The results of the rock sampling will be used to refine existing targets and identify new targets along the Bolo mineralized fault trends. Up to 4,000 metres of RC and core drilling is planned for 2022, including expansion drilling at the South Mine Fault Zone (1,000 m), as well as exploration drilling at the East Fault Windfall target and potential new targets generated by the surface work (3,000 m).
Update on 2021/2022 Core Drill Holes
The Company also reports that it is in receipt of final assay results from the 2021/2022 Bolo drilling at the South Mine Fault zone. Two core drill holes were completed, totaling 710 m. BL21-01 was drilled west at an azimuth of 274° and -44° dip; BL22-01 was drilled west at an azimuth of 270° and -52° dip (Figure 1). No significant gold values were returned; however, zones of mineralized, oxidized, decalcified, silicified, and brecciated Windfall Formation were intersected, coincident with pathfinder (As ± Ba ± Sb) geochemical anomalies that indicate persistence of the mineralizing system at depth. Structural data collected from oriented core measurements provided valuable data that be used in the development of a 3D geological model for the South Mine Fault.
Methodology and QA/QC
The analytical work reported on herein was performed by ALS Global ("ALS"), Vancouver Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of Copaur Minerals Inc. and the QP. Drill core samples were subject to crushing at 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 atomic absorption spectroscopy ("AAS") finish 30-gram fire-assay ("FA") analysis, in addition to 48 element ICP-MS geochemistry. For any samples assaying over 0.1 ppm gold an additional 30-gram cyanide leach analysis is completed whereby the sample is treated with a 0.25% NaCN solution and rolled for an hour. An aliquot of the final leach solution is then centrifuged and analyzed by AAS.
Copaur Minerals Inc. follows industry standard procedures for the work carried out on the Bolo Gold-Silver Project, with a quality assurance/quality control (QA/QC) program. Blank, duplicate, and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Copaur Minerals Inc. detected no significant QA/QC issues during review of the data. Copaur Minerals Inc. is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data disclosed which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein.
For more information, please contact:
CopAur Minerals Inc.
Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (604) 773-1467
Email: jeremyy@copaur.com