CopAur Minerals Inc. (TSXV: CPAU) has commenced the first diamond drill hole at the company’s flagship Kinsley Mountain Gold Project in Elko County, Nevada.
This marks the first milestone in the 3,500 m combined reverse circulation (RC) and diamond core drilling programme.
The Western Flank Zone (WFZ) resource infill diamond drill hole KMD23-01 has reached a depth of approximately 315 m of a planned 350 m hole depth. From a depth of 250m KMD23-01 exhibited elevated arsenic values as determined by semi-quantitative portable X-ray fluorescence (XRF) analysis in association with intervals of oxidation, decalcification, silicification, increased pyrite mineralization within shale beds, faults and breccias, all well-known gold hosts at the Western Flank Zone.
The Kinsley Mountain drill programme will include up to 2,300m of RC and 1,200 m of diamond drilling.
Objectives of the 2023 Kinsley Mountain Drill Programme:
- Western Flank Zone resource infill core drilling proximal to historical core drill holes yielding 21.3 grams-per-tonne (g/t) gold (Au) over 29m within hole PK137C2.
- Test Kinsley Ridge induced polarization (IP) geophysical target to Secret Canyon Shale depth within an undrilled area between WFZ and the past producing Ridge Pit. The Kinsley Ridge target was based on 100 line-km of IP/resistivity surveys completed by the Company during 2021 and 2022 that generated numerous untested changeability anomalies.
- Main Pit North RC drilling to test the company’s 2020 shallow oxide gold intercept of 9.83g/t gold over 7.6m in KMR20-0302. High-grade oxide gold mineralization intersected to date at Main Pit North occurs within 120m depth from surface and 75m outside the current resource pit shell representing a unique resource expansion opportunity.
- Secret Spot RC drilling designed to further delineate new 2020 surface oxide gold discovery that yielded 1.77g/t gold over 25.3m in KMD20-007B2 in the centre of a broader 400m x 300m northwest trending gold in soil anomaly within mapped Dunderberg Shale a well demonstrated Kinsley Mountain gold host.
Kinsley Project hosts mineral resources comprising the high-grade sulphide Western Flank Zone and near surface oxide of 418,000 indicated ounces gold at 2.63g/t gold, and 117,000 inferred ounces gold at 1.51g/t gold.
Indicated resources are inclusive of 302,000 ounces averaging 6.11g/t gold hosted within the Secret Canyon Shale at the Western Flank Zone. The Kinsley Project was an historical past producer that yielded 138,000 ounces of near surface open pit oxide gold between 1995-1999.
Drilling started with resource infill at the Western Flank Zone (two core holes for 700 m) where historical core drilling yielded 21.3 g/t Au over 29 m within hole PK137C2.
Western Flank Zone core drilling will be followed closely by RC drilling of priority near surface oxide-gold targets at Main Pit North Oxide and Secret Spot (19 RC holes for 2,300 m), in addition to testing of new IP/chargeability anomaly located between the WFZ and Upper Ridge Pit area (one core hole for 500 m).
“We are very excited to finally start drilling at Kinsley. The drill programme in 2020 led to remarkable findings, including new surface oxide gold drill intercepts and, notably, some of the richest near-surface oxide gold ever documented on this project,” CEO Jeremy Yaseniuk said.
“Our goal this year is not only the expansion of near-surface oxide gold resources, but also the potential expansion of new near-mine discoveries. We are confident in our ongoing commitment to infill drilling in the extraordinarily high-grade sulphide gold deposit within the Western Flank Zone. What particularly excites me is the prospect of drilling the Kinsley Ridge exploratory hole.
“The large geophysics programme completed in 2021 highlighted targets not previously recognized near many of the known zones of mineralization. We look forward to the prospect of new discoveries as a result of the application of enhanced geophysical targeting at Kinsley.”
For further information please visit: https://copaur.com/
