Vancouver, BC – April 4, 2024 – Finlay Minerals Ltd. (TSXV: FYL | OTCQB: FYMNF) (“Finlay” or the “Company”) is pleased to announce that Robert F. Brown, President & CEO of the Company, has issued a letter to shareholders and supporters:
Greetings Finlay Minerals’ Shareholders & Supporters,
I am pleased to report that Finlay has weathered the difficult financial times over the last several years as well as possible. Work completed in 2023 included some insightful investigations at the Silver Hope, and continued exploration activities by our JV partner at the PIL. A minimum 3,000m drill program is proposed on the Silver Hope’s copper-silver Main Trend to test the major gaps in drilling to connect the mineralized zones along the 2.5km trend.
I, personally and on behalf of management, would like to thank the Barakso family for their continued support; it started by John J. Barakso founding Finlay with his insight, international regard, and knowledge leading to the projects Finlay now holds. John J. has passed the oversight of the family’s 51% interest in Finlay to his son, John A. Barakso. Management looks forward to further collaborations as we explore and develop our projects.
Management’s focus in 2024 has been on financing further exploration, expanding the shareholder base and Company awareness through presenting the company projects to major mining companies and financial brokers. With the recent record gold price and renewed interest in the mining sector, interest will duly return to the exploration sector. Finlay is ready with its three projects, fully permitted for drill programs, and contacts in the financial sector in place.
Details of the 2023 exploration activities and the proposed drilling are outlined in our corporate presentation and the updated individual project presentations on our website at: www.finlayminerals.com
As always, if you have any questions or would like to speak with me further, please feel free to email me at: rbrown@finlayminerals.com or Ilona Barakso Lindsay at iblindsay@finlayminerals.com
Warm regards,
Robert F. Brown, P. Eng.
President, CEO, and Director
About Finlay Minerals Ltd.
Finlay is a TSXV company focused on exploration for base and precious metal deposits in northern British Columbia. Finlay trades under the symbol “FYL” on the TSXV and under the symbol “FYMNF” on the OTCQB.
On behalf of the Board of Directors,
Robert F. Brown, P. Eng.
President & CEO
For further information, contact:
Finlay Minerals Ltd.
Ilona Lindsay, Vice President, Corporate Relations,
Tel: 604-684-3099
iblindsay@finlayminerals.com
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 news release includes certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in this news release that address 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”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although Finlay believes 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 results, availability of capital and financing and general economic, market or business conditions, and the other risk factors described in Finlay’s filings with Canadian securities regulators on SEDAR at www.sedar.com. 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 satisfy stock 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 deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any 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.