Fidelity Minerals in Peru: Right place, right time, right plan.

Fidelity Minerals is well placed to take advantage of recent corporate activity occurring in the North Andean mineral belts of Peru and Ecuador. For more information about how Fidelity Minerals is positioning itself to benefit from the recent uptick in interest, check out the Map of the North Andean World-Class Mineral Provinces.

Flagship Projects - Fidelity Minerals is assembling a portfolio of near-term development and large-scale appraisal projects to underpin the development of a successful resource company.

Peru focused junior targeting near term;

  • Precious metals production: Au, Ag (Cerro Dorado)

  • High-quality resource base: Precious metals (Au, Ag).

  • Base metals (Cu, Zn, Pb).

Near-Term Gold Production - (ownership 100% FMN*)

  • On 2 October 2019, Fidelity Minerals announced the sale of Cerro Dorado. For more information, read announcement.

  • Poised to commence small-scale processing of high-grade ore.

  • Recently built 45 TPD CIP plant, with permitted expansion up to 115 TPD and new 60 TPD flotation circuit.

  • Rey Salomon gold mine adjacent to the plant.

  • Full service 45 person camp with accommodation, catering, office and storage facilities.

Large-Scale Copper Target - (ownership 100% FMN)

  • Porphyritic copper mineralization identified at two key mineralized zones approximately 4,000m apart.

  • Historical sampling at the project indicates peak mineralization grades of between 0.36% - 0.66% Cu at the Upper Zone and higher grades of >1% Cu at the Lower Zone

  • Potential that the two mineralised zones represent exposed sections of a typical Cu-Mo Porphyry system.

Investor Resources

For the latest Fidelity Minerals investor related information, visit the investors section which includes information on:

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World-Class Resource Potential - (ownership 44.5-100% FMN)

  • Cornerstone position in a world-class mineral province with historical resource (445,000 oz Au, 5,300,000 oz Ag).

  • Historical drilling has identified two copper porphyries with significant mineralization, and potential to define substantial resource.

  • Central 9 concessions (~3,600 Ha) that host the historical mineralisation (Core Las Huaquillas, FMN: 44.5%). 

  • Additional 9 contiguous concessions (~3,800 Ha, FMN: 100%)

Big Gold Resource Potential - (ownership 100% FMN)

  • Highly prospective gold project located within the world-class "Yanacocha External Caldera" region.

  • Historical sampling at the project includes mineralization grades of: 10m grading 1.5g/t Au (surface chip samples).

  • Previous exploration at the project identified an apparent geochemical signature that appears typical of an epithermal precious metal system.

High-Grade Gold Mineralization - (ownership 100% FMN)

  • Highly strategic project concession package hosts significant copper and gold mineralization.

  • Historical sampling at the project indicates peak mineralization grades of:

    • up to 6.8% Cu, and​

    • up to 20.3g/t Au​​

  • Several copper minerals have been mapped across the project, as well as high-grade gold mineralization.​

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