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Fidelity Minerals Announces Las Huaquillas Ground Access & Appointment of Contractor
(TheNewswire)   Critical milestone for activation of exploration program at large-...
About this update from Fidelity Minerals Corp.
[{"type":"text","content":"Fidelity Minerals Announces Las Huaquillas Ground Access & Appointment of Contractor \n(TheNewswire)\n\n\n \n\n\nCritical milestone\nfor activation of exploration program at large-scale gold-copper\nproject, Peru\n\n \n\nVancouver, BC – TheNewswire - February 19, 2026 – Fidelity Minerals Corp.\n(TSX-V: FMN | FSE: S5GM | SSE: MNYC)\n(“Fidelity” or the “Company”) is pleased to announce that on\nFebruary 4, 2026 the Company executed a surface access and land use\nagreement (the “Agreement”) with a local landowner at its flagship\nLas Huaquillas gold-copper project located in northern Peru.\n\n \n\nThe Agreement grants the Company the right to construct\nand utilize an access road across the property to facilitate safe and\nefficient access to the Los Socavones historical underground mine\nworkings (including Adits S1 and S2 and the Los Socavones high-grade\ngold zone) and planned exploration areas. The access will enable the\nCompany to mobilize personnel and equipment to advance sampling and\nexploration activities at the project in preparation for underground\ndrilling later this year.\n\n \n\nThe Company has engaged an independent local contractor\nto commence construction of the access road. Initial work will include\nroad clearing, grading and improvements to allow vehicle access to the\nhistoric underground infrastructure. Construction is expected to begin\nimmediately and is anticipated to be completed the first week of April\n2026, subject to weather and site conditions.\n\n \n\nRyan Batros, Chief Executive Officer\nof Fidelity, commented:\n\n \n\n“This is a critical milestone to\nlaunch the Company’s confirmation and exploration program for the\naccelerated development of Las Huaquillas. Over the coming months\nFidelity will seek to confirm previous underground sampling results\nand prepare for drilling with the intent to prepare a new NI 43-101\ncompliant mineral resource estimate.”\n\n \n\nAs part of the Agreement, the Company has agreed to\nmake the following payments:\n\n \n\n\n\nUSD $22,400 upon signing the Agreement (paid) \n\n\n\nUSD $22,400 30 days after Agreement date \n\n\n\nUSD $44,800 one-year after Agreement date \n\n\n\nUSD $895 per month for 36 months  \n\n\n\n \n\nAbo...