In this conversation with Andrew Neale, CEO of CopAur Minerals Inc. (TSXV: CPAU), we discuss why he remains bullish on gold as paper currencies continue to lose purchasing power, why physical gold demand is showing up in places like China and Indonesia, and how higher gold prices are changing the economics for development-stage mining companies.
Andrew breaks down the recently issued PEA for the Kinsley Mountain Gold Project in Nevada, including the updated resource, the project’s economics at current gold prices, and why the company is looking at a fast-track strategy built around oxide production, heap leaching, and using early cash flow to fund more exploration. We also get into the short mine-life criticism, why CopAur believes only part of the known resource is reflected in the initial plan, and how future drilling could extend the oxide resource and improve the project case.