CopAur Minerals Welcomes New CEO Andrew Neale to Vancouver
Rhea-AI Summary
CopAur Minerals (TSXV: CPAU) has announced the appointment of Andrew Neale as its new CEO, bringing over a decade of experience in various mining projects across Indonesia and SE Asia. Neale's immediate focus is on finalizing the Kinsley Mountain heap leach pad sampling program in Nevada.
The Kinsley Mountain Gold Project, a past producer that yielded 138,000 ounces of near-surface open pit oxide gold (1995-1999), currently hosts indicated resources of 418,000 ounces at 2.63 g/t gold and 117,000 inferred ounces at 1.51 g/t gold. The project includes the high-grade Western Flank Zone containing 302,000 ounces averaging 6.11 g/t gold. The sampling program permit is expected by year-end, with work commencing in early 2026.
Positive
- Appointment of experienced mining executive Andrew Neale as CEO with 10 years of diverse mining project experience
- Kinsley Mountain project contains significant gold resources including 418,000 indicated ounces at 2.63 g/t gold
- High-grade Western Flank Zone hosts 302,000 ounces at 6.11 g/t gold
- Sampling program permit expected by year-end 2025, enabling work to begin in early 2026
Negative
- Sampling program permit not yet secured, pending regulatory approval
- Project has been idle since 1998 due to previous operator's bankruptcy
News Market Reaction
On the day this news was published, COPAF declined 6.66%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - Conrad Swanson, Chairman of CopAur Minerals Inc. (TSXV: CPAU) (the "Company") is pleased to report that Andrew Neale joined the CopAur team in Vancouver this past week, after spending the last ten years working on various gold, copper, tin, tungsten and nickel mining projects in Indonesia and SE Asia.
Along with meeting the executive team and key consultants to the company, Mr. Neale's priority has been to finalize the design of the proposed Kinsley Mountain heap leach pad sampling program. As previously reported, the Kinsley Mountain Gold Project in Nevada is a past producer that yielded approximately 138,000 ounces of near-surface open pit oxide gold between 1995 and 1999. Kinsley hosts current mineral resources of 418,000 indicated ounces at 2.63 g/t gold and 117,000 inferred ounces at 1.51 g/t gold, which include 302,000 ounces averaging 6.11 g/t gold within the high-grade Western Flank Zone1.
Mr. Neale has had detailed discussions with the Company's regulatory consultants in Reno, and it is expected that the completed application will be submitted this week, with a permit issued before the end of the year, allowing the sampling work to commence early in 2026.
"I am pleased to be joining CopAur, and am very impressed with the quality of people that are involved with the company's two projects in Nevada; Kinsley Mountain and Troy Canyon, both past producers, and both shut down for non-technical reasons, with what I believe are significant gold resources remaining on both properties. I look forward to working with the CopAur team to advance both projects and will ensure that our shareholders and stakeholders are kept informed as the work develops. This is a great time to be involved in the gold sector, and Nevada is a great jurisdiction to develop gold projects," commented Andrew Neale.
Kinsley was last in production in 1998, when gold prices averaged around US
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, and "Qualified Persons" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About CopAur
CopAur is focused on developing projects within the emerging, mineral-rich mining regions of Nevada. The Company is backed by a dynamic and experienced team of resource professionals advancing its projects in Nevada with the flagship project being Kinsley Mountain Gold Project, a Carlin-style project located 90 kilometres south of the Long Canyon mine (currently in production under the Newmont/Barrick joint venture, Nevada Gold Mines).
1Technical 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+ (www.sedarplus.ca).
ON BEHALF OF THE BOARD OF COPAUR MINERALS INC.
Conrad Swanson, Chairman
For more information, please contact ir@copaur.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
This news release contains forward-looking statements. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267514
FAQ
Who is the new CEO of CopAur Minerals (TSXV: CPAU)?
What are the current gold resources at CopAur's Kinsley Mountain project?
When did the Kinsley Mountain Gold Project last produce gold?
When will CopAur begin its sampling program at Kinsley Mountain?
Why did the Kinsley Mountain project stop production in 1998?
