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 Peru focused junior that has assembled a strong portfolio of near-term development and large-scale appraisal projects to underpin the development of a successful resource company. Fidelity Minerals has extensive in-country expertise, and a Board and Management Team that has delivered a track record of building shareholder value Fidelity Minerals Projects include;
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Large-scale epithermal Au-Ag system with a large historical resource at the Greater Las Huaquillas Project
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Defined 4 high priority gold targets with multi-million ounce potential at the Las Brujas Project
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Targeting a minimum +1 million ounce gold resource within 3 years
World-Class Resource Potential - (ownership 50-100% FMN)
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Cornerstone position in a world-class mineral province with historical, non-43-101 compliant resource (445,000 oz Au, 5,300,000 oz Ag).
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Historical drilling has identified two copper porphyries with significant mineralization, and potential to define substantial resource.
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Central 9 concessions (~3,600 Ha) that host the historical mineralisation (Core Las Huaquillas, FMN: 50%).
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Additional 9 contiguous concessions (~3,800 Ha, FMN: 100%)
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A qualified person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves. Fidelity is not treating the historical estimates as current mineral resources. The Company has not conducted any work to establish the relevance & reliability of the historical resource estimate. There has not been sufficient drilling and/or sufficient previous exploration at Las Huaquillas upon which to base a current mineral resource or mineral reserve estimate compliant to the standards of National Instrument 43-101. It should be noted that the historical resource related information outlined has been derived from: “NI 43-101 Technical Report on the Las Huaquillas Au, Ag, Cu Property, Cajamarca, Peru”, with an effective date of December 18, 2021, authored by Luc Pigeon, B.Sc., M. Sc., P. Geo, who is an independent and qualified person under National Instrument 43-101. For additional information, refer to the Disclaimer & Forward-Looking Statements section of this website.
Investor Resources
For the latest Fidelity Minerals investor related information, visit the investors section which includes information on:
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Big Gold Resource Potential - (ownership 100% FMN)
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Highly prospective gold project located within the world-class "Yanacocha External Caldera" region.
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Historical sampling at the project includes mineralization grades of: 10m grading 1.5g/t Au (surface chip samples).
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Previous exploration at the project identified an apparent geochemical signature that appears typical of an epithermal precious metal system.
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Large-Scale Copper Target - (ownership 100% FMN)
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Porphyritic copper mineralization identified at two key mineralized zones approximately 4,000m apart.
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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 (note- analysis by ALS Method Code ME-MS41. The laboratory location, chain of custody record, use of blanks and standards by the Vendor is not recorded or independently verified by a Qualified Person. The Certificate of Assay / Analysis has not been independently verified for Fidelity Minerals Corp. An NI43-101 Report has not been finalized or published).
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Potential that the two mineralised zones represent exposed sections of a typical Cu-Mo Porphyry system.
High-Grade Gold Mineralization - (ownership 100% FMN)
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Highly strategic project concession package hosts significant copper and gold mineralization.
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Historical sampling at the project indicates peak mineralization grades of:
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up to 6.8% Cu, and​
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up to 20.3g/t Au​​
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Several copper minerals have been mapped across the project, as well as high-grade gold mineralization.​