Copaur Minerals and New Placer Dome Gold Corp. Announce Combination Transaction To Advance Properties

VANCOUVER - Copaur Minerals Inc. and New Placer Dome Gold Corp. reported the execution of a Binding Letter Agreement pursuant to which Copaur Minerals will acquire all of the issued and outstanding common shares of New Placer Dome. The combination of Copaur Minerals and New Placer Dome will create a leading gold-copper exploration and development company with a portfolio of assets in two of North Americans foremost mining districts, the Toodoggon/Golden Horseshoe mineral district of Northeastern British Columbia and the Great Basin gold district of Nevada. The purpose of his transaction is to bring together a combination of technical expertise, leadership and financing capability. The combined company will have a stable platform for future growth. The management and advisors of the combined company have recently demonstrated the ability to create significant shareholder value by rapidly advancing projects and raising capital.