Finlay Minerals Enters Into Two Definitive Earn-in Agreements With Freeport-McMoRan Subsidiary Freeport-mcmoran Mineral Properties Canada

Freeport-McMoRan, Inc. -1.52%
FINLAY MINERALS LTD 0.00%

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.
Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via