Copaur Minerals Inc Stock Price, News & Analysis

CopAur Minerals (COPAF) has increased its non-brokered private placement from $400,000 to $600,000 due to strong strategic investor interest. The offering now comprises 6,000,000 units at $0.10 per unit, with each unit containing one common share and half a warrant exercisable at $0.15 for 18 months (reduced from 24 months).

The placement includes an acceleration clause allowing warrant expiry acceleration if shares trade at/above $0.20 for 10 consecutive days. Proceeds will fund working capital and advance exploration at the Kinsley Mountain Gold Project in Nevada. The increased interest comes from industry-aligned investors with technical and financial expertise, signaling confidence in CopAur's strategic direction.

CopAur Minerals (TSXV: CPAU) has arranged a non-brokered private placement to raise $400,000 through the issuance of 4,000,000 units at $0.10 per unit. Each unit includes one common share and half a warrant, with each whole warrant allowing purchase of an additional share at $0.15 for 24 months. The warrants include an acceleration clause triggered if shares trade at or above $0.22 for 10 consecutive trading days.

The placement is fully subscribed by strategic investors aligned with CopAur's vision. Proceeds will fund exploration initiatives and working capital. All securities will have a four-month hold period, and the offering requires TSX Venture Exchange approval.

CopAur Minerals (COPAF) has engaged Thorne Solutions LLC to assist with permitting efforts at its two past-producing gold projects in Nevada - Kinsley Mountain and Troy Canyon. The company recently conducted a site visit, during which management met with Thorne Solutions' team and collected additional samples from Troy Canyon for analysis at ALS Laboratories.

The Kinsley project operated briefly under Alta Gold in the 1990s before closing in 1997, with operations relocated to Reno for a planned larger-scale operation that never materialized. Troy Canyon's gold production lasted only 14 months before being shut down due to a 1935 U.S. Congressional law. The company also announced the grant of 3,000,000 stock options to directors, officers, employees, and consultants at $0.15 per share, valid for five years.

CopAur Minerals (TSXV: CPAU) (OTCQX: COPAF) reports significant progress at the Williams Property in Northern British Columbia through its joint venture partner, Omega Pacific Resources. Recent drilling results show impressive intersections of 6.22 g/t Gold over 18.98 metres, within 3.16 g/t Gold over 44.32 metres. Omega Pacific has earned a 51% interest in the project and is working towards an 80% stake through a $6 million investment commitment and issuance of 5 million shares. The company has expanded drill intersections, secured additional strategic ground, and extended the GIC target. CopAur will now focus on advancing its 100%-owned Kinsley Project and exploring the historic Locke Gold Mine.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has provided a summary of historic gold mining activities at its Kinsley Mountain Gold Project in Elko County, Nevada. The project, a past producer that yielded 138,000 ounces of open-pit gold between 1995 and 1997, hosts current mineral resources that CopAur is working to upgrade and expand. These resources include 418,000 indicated ounces gold at 2.63 g/t and 117,000 inferred ounces gold at 1.51 g/t.

CopAur acquired the project in 2022 and has since completed over 20,000 metres of drilling in 59 holes, focusing on the Main Pit North area. Recent intercepts have yielded high-grade results, prompting the company to explore the idea of restarting production. CopAur is now updating the resource estimate, conducting engineering studies, and engaging in permitting processes for potential new production.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has announced ongoing discussions with multiple parties to explore strategic options for advancing its projects. The company is evaluating opportunities including potential buyouts, joint venture agreements, and gold production from oxide materials at Kinsley Mountain. Management is considering the necessary steps to potentially advance the oxide gold deposit at Kinsley Mountain towards production, which may include preparing technical studies such as a PEA, PFS, and FS.

The Kinsley Project was a historical past-producer, yielding 138,000 ounces of near-surface open pit oxide gold between 1995-1999. CopAur is exploring this direction due to the potential for cash flow from oxide gold production, which could fund further exploration without additional shareholder dilution. The company plans to provide updates on potential management additions, financing options, and developments with strategic partners in the coming weeks.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has completed the acquisition of Nevada Sunrise Metals 's 18.74% ownership interest in Kinsley Gold , giving CopAur 100% ownership of the Kinsley Mountain Gold Project in Nevada. The acquisition cost CDN$475,000 and 1,000,000 CopAur common shares. The Kinsley Project, covering 4,213 hectares, includes a past-producing mine and hosts both oxide and sulphide gold resources. Recent drilling has yielded promising results, including near-surface oxide intercepts and high-grade sulphide gold mineralization. The project previously produced 138,000 ounces of gold between 1995 and 1999. CopAur aims to upgrade and expand the existing NI 43-101 mineral resource at Kinsley.

CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) has announced plans to secure a C$1 million loan from an arms-length lender, subject to regulatory approval. The loan will have a 12% annual interest rate and a 6-month maturity. As a bonus, CopAur will issue 2.5 million non-transferable share purchase warrants to the lender, exercisable at C$0.20 per share for 12 months.

The company intends to use the loan proceeds for working capital and to partially fund the acquisition of Nevada Sunrise's 18.74% stake in the Kinsley Mountain Gold Project. If completed, this acquisition will give CopAur 100% ownership of the project. The remainder of the acquisition cost will be covered by issuing 1 million CopAur common shares to Nevada Sunrise.