Both programs were fully funded through Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. (“Freeport”). On the basis of these agreements Free port You can earn a stake of up to 80% in each property by investing in total $35 million in exploration expenditures and making cash payments of $4.1 million for six years, with Finlay acting as operator on both projects and earning an operator fee. (1)
PIL & ATTY 2025 exploration work completed:
PIL 2025 programme: | ATTY 2025 program: |
• 1,533 line kilometers (“km”) of magnetism in the air | • 543 line km of magnetic material in the air |
• 381 rock samples collected | • 152 rock samples collected |
• 1,494 soil and talus samples collected | • 647 soil and talus samples collected |
• 46 line km IP | • 14 line km IP |
The PILL The project is located in the heart of the Toodoggone region and includes several porphyry copper-gold (“Cu-Au”) targets, together with associated epithermal gold-silver (“Au-Ag”) mineralization. To date, 18 porphyry Cu ± Mo ± Au and related epithermal Au-Ag low and high sulfidation occurrences have been identified at the PIL site. The property is adjacent Free port and Amarc Resources’ JOY Project, as well as GSN (Shasta/Baker) and TDG Gold Corporation’s Sofia Properties. It is also located approximately 16 miles northwest of Centerra Gold’s former Kemess South Mine and 9 miles east of Thesis Gold’s Lawyers-Ranch Project.
The ATTY The estate covers 3,875 hectares of subalpine terrain in the southern Toodoggone region, an area known for significant deposits of porphyry Cu-Au and epithermal Au-Ag. It is located between Centerra Gold’s Kemess Project and the JOY Project, owned by Free port and Amarc Resources. The KEM target on the ATTY property resembles the Kemess North Trend, home to the Kemess Underground and Kemess East deposits. The exploration focused on the Wrich target, located near the geochemical copper anomaly at the SWT target on the JOY property. This anomaly extends for 2 km and continues another 1.2 km to the ATTY to the southeast.
References: |
1. Finlay press releases NR 03-25 dated April 17, 2025 entitled: “Finlay Minerals enters into Earn-In agreements with Freeport for its PIL and ATTY properties” and NR 05-25 dated May 2, 2025 and entitled: “Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement.“ |
Qualified Person:
Wade BarnesP.Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, have approved the technical contents of this press release.
About Finlay Minerals Ltd.
Finlay is a TSXV company focused on the exploration of base and precious metal deposits through the development of ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host Cu-Au porphyry and Au-Ag epithermal targets in several porphyry districts in northern and central BC. Each property is located in areas of recent porphyry developments and discoveries, with the benefit of opportunities for new discoveries.
Finlay trades under the symbol “FYL” on the TSXV and under the symbol “FYMNF” on the OTCQB. For more information and details, please visit the company’s website at www.finlayminerals.com
On behalf of the Board of Directors,
Robert F. Brown,
Executive Chairman of the Board
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information: This press release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in this press release that relate to events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “plan”, “predict”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, ‘may’, ‘might’ or ‘could’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this press release include, among other things, statements regarding exploration plans for the properties. Although Finlay believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions, including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to meet exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third party service providers to provide services in a timely manner. Investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. and accordingly, undue reliance should not be placed on such statements because of the inherent uncertainty therein. Finlay assumes no obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.
SOURCE Finlay Minerals Ltd.

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