Business
Fidelity Clarifies Disclosure on Las Huaquillas
(TheNewswire) Vancouver, BC – TheNewswire - October 7 ...
About this update from Fidelity Minerals Corp.
[{"type":"text","content":"Fidelity Clarifies Disclosure on Las Huaquillas\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n October 7\n \n \n th\n \n \n , 2021\n \n \n –\n \n \n Fidelity Minerals Corp.\n \n \n (TSXV:FMN\n \n \n )\n \n \n |\n \n \n (\n \n \n FSE:S5GM\n \n \n )\n \n \n |\n \n \n (\n \n \n SSE: MNYC) (“\n \n \n Fidelity Minerals\n \n \n ” or the “\n \n \n Company\n \n \n ”) announces\nthat\n \n \n as a result of a review by the British\nColumbia Securities Commission (“BCSC”), the Company is issuing\nthe following news release to clarify its disclosure set out in its\nJuly 21, 2021 news release, it’s corporate website, and two\npresentations posted to the website.\n \n \n \n \n These disclosures are treating\nhistorical resources at the Las Huaquillas property as current\nresources and have triggered the requirement of the Company to file a\nNI 43-101 Technical Report under section 4.2(2) of NI 43-101. The\nCompany acknowledges that the mineral resources mentioned in the July\n21, 2021 news release, corporate website, and two presentations posted\nto the website are not supported by a current and compliant NI 43-101\ntechnical report, contrary to NI 43-101, and therefore that the\nestimates should not be relied on until they have been verified and\nsupported by a technical report.  Fidelity will commence work\nimmediately on writing a NI 43-101 technical report for the Las\nHuaquillas property. The NI 43-101 technical report will not report\ncurrent mineral resources, but will report resources as being\nhistorical in nature. Additional work will need to be done to classify\nmineral resources on the Las Huaquillas property as current. The\ntimeframe to complete publication of this NI 43-101 technical report\nwill be six to eight weeks. Once completed, the Company will file the\ncurrent and compliant NI 43-101 technical report on SEDAR\n \n \n .\n \n \n \n \n On behalf of the Board of Fidelity Minerals.\n \n \n \n \n Dean Pekeski\n \n \n \n CEO, President and Director\n \n Tel: +1.778.828.9724\n \n Email:\n \n \n \n \n [email protected]\n \n \n \n \n \n \n For more information, please visit the corporate\nwebsite at\n \n \n \n \n http://www.fidelityminerals.com\n \n \n \n \n or contact:\n \n \n \n \n NEITHER THE ...