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Finlay Minerals Enters Into Two Definitive Earn-in Agreements With Freeport-McMoRan Subsidiary Freeport-mcmoran Mineral Properties Canada
Freeport-McMoRan, Inc. FCX | 47.38 | -1.52% |
FINLAY MINERALS LTD FYMNF | 0.08 | 0.00% |
VANCOUVER, BC, April 17, 2025 /CNW/ - Finlay Minerals Ltd. (TSXV:FYL) (OTCQB:FYMNF) ("Finlay" or the "Company") announces that the Company has entered into two definitive earn-in agreements (the "Earn-In Agreements") with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"), a wholly owned subsidiary of Freeport-McMoRan Inc. (NYSE:FCX), pursuant to which it has granted Freeport separate options to earn an 80% interest in its PIL and ATTY Properties (the "Properties") in the Toodoggone District of northern British Columbia.
Highlights –
- Freeport may earn 80% of the PIL and ATTY Projects by expending $35 million in Exploration Expenditures and making Cash Payments of $4.1 million - (Refer to Table 1 below for further details);
- Finlay will act as the Operator during the Earn-In period; and
- Exploration Program planning is underway and will be announced shortly.


