22:05:55 EDT Thu 16 Jul 2026
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Finlay Minerals Ltd
Symbol FYL
Shares Issued 169,900,985
Close 2026-07-16 C$ 0.09
Market Cap C$ 15,291,089
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Finlay starts exploration programs at Pil, Atty

2026-07-16 17:45 ET - News Release

Mr. Robert Brown reports

FINLAY MINERALS ANNOUNCES THE COMMENCEMENT OF ITS 2026 EXPLORATION PROGRAMS ON ITS PIL & ATTY PROPERTIES

Finlay Minerals Ltd. has started its exploration programs on the Pil and Atty properties in the Toodoggone mining district of British Columbia.

Both programs are 100-per-cent financed by Freeport-McMoRan Mineral Properties Canada Inc. pursuant to earn-in agreements on each property which are in year 2 of their six-year terms.

The 2026 program at Pil will focus on drilling, induced polarization (IP) surveys, and the geological mapping of key targets identified in the 2025 exploration program. Drilling is expected to start on or around July 22 and will test select targets where large surface geochemical and IP anomalies are present. Further IP surveys will be completed on various other zones to expand on existing IP anomalies in addition to testing new targets. Geological mapping will be conducted on regional targets to help identify future IP and drilling targets.

At Atty, 2026 work will continue to refine targets through IP surveying, mapping and surface sampling focusing on the Wrich and Valley targets with the goal of delineating drill targets for 2027.

The Pil and Atty properties are in the heart of British Columbia's prolific Toodoggone district in north-central British Columbia and flank Aurora Mineral's Ltd. Joy property, a 60-per-cent to 40-per-cent joint venture between Freeport and Amarc Resources Ltd., respectively. Additionally, the Atty property is north and contiguous with Centerra Gold's Kemess project, which is undergoing a prefeasibility study following a preliminary economic assessment announced in early 2026.

Qualified person

Wade Barnes, PGeo, and vice-president, exploration, for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

About Finlay Minerals Ltd.

Finlay is a TSX Venture Exchange-listed mineral exploration company advancing a portfolio of copper-gold porphyry and gold-silver epithermal projects in northern and central British Columbia, including Atty, Pil, JJB, Say and Silver Hope. The company's properties are located in highly prospective mineral districts marked by recent exploration success, infrastructure development and strong potential for new discoveries.

Finlay trades under the symbol FYL on the TSX-V and under the symbol FYMNF on the OTCQB.

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