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Chester Millar Joins CopAur Minerals
Newsfileยท 2025-07-07 15:21
Core Viewpoint - CopAur Minerals Inc. has appointed Chester Millar and Duane Nelson to its Advisory Board, enhancing its expertise in mine development and innovative extraction technologies, which is crucial for advancing its high-potential gold assets in Nevada [1][5]. Group 1: Advisory Board Appointments - Chester Millar is recognized for pioneering heap leach gold extraction, significantly reducing production costs and enabling the development of numerous profitable gold mines [2][4]. - Millar's experience includes transforming Glamis Gold Ltd. into a major North American gold producer, culminating in its acquisition by Goldcorp for US$8.2 billion in 2006 [2][4]. - Duane Nelson, founder and CEO of Innovation Mining Inc., brings expertise in environmentally responsible metallurgy, focusing on eco-friendly metal extraction processes [5][6]. Group 2: Strategic Importance - The addition of Millar and Nelson is expected to accelerate CopAur's path to production, particularly for its Kinsley Mountain and Troy Canyon oxide gold assets [4][5]. - The current market conditions, including high gold prices and supportive U.S. policies, are viewed as favorable for building a gold mine [5][6]. Group 3: Stock Options - The Board of Directors has approved the grant of 4,200,000 stock options to various stakeholders at an exercise price of $0.15 per share, valid for five years [6].