Bolo Project Reports Significant Near Surface Gold Grades

VANCOUVER - CopAur Minerals Inc. reported on drilling at the Bolo Project, located in Nye County, Nevada. Two core holes totaling 409 meters were drilled at the South Mine Fault Zone to infill and expand areas of known mineralization. Significantly, these are the first diamond drill core holes to test the core of the high-grade gold mineralization at the South Mine Fault Zone and they provide important new information with respect understand the lithology, alteration, and mineralization style. In addition, ten reverse circulation (RC) holes totaling 1,947 meters were completed to test exploration geochemical targets along the East Fault trend.

Both core holes targeting the South Mine Fault Zone intersected significant gold. Hole BL22-04 returned a broad intercept of 1.5 g/t gold over 79 meters, including 3.0 g/t gold over 17 meters. Hole BL22-05 returned 1.1 g/t gold over 94 meters, including 2.5 g/t gold over 15 meters.

Drill hole BL22-05 was lost at depth of 180 meters, but significantly ended in mineralization grading 0.79 g/t Au over 4.57 m which is interpreted to represent the up-plunge continuation a lower gold zone discovered by the Company during 2019 that yielded a grade of 3.32 g/t Au over 12.1 meters with hole BL19-02. Mineralization interested during 2019 and again within BL22-05 highlights the west side and depth expansion potential of the South Mine Fault Zone along parallel structures and within known gold-hosting lithologies.

CEO, Jeremy Yaseniuk, said, "We are very pleased with these significant near-surface gold grades, in addition to the presence of a relatively untested lower gold zone that we expect will be part of the focus of future drilling as we look to expand the footprint of the South Mine Fault Zone, and continue to systematically evaluate the multiple untested priority exploration targets that remain within the Bolo Project. CopAur has now acquired a 50.01% ownership interest in the Bolo project."