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Fidelity Minerals Confirms Significant Gold Potential of El Ambique Prospect at Las Brujas Project, in the Northern Yanacocha gold district
(TheNewswire) Vancouver, BC - TheNewswire - November ...
About this update from Fidelity Minerals Corp.
[{"type":"text","content":"Fidelity Minerals Confirms Significant Gold Potential of El Ambique Prospect at Las Brujas Project, in the Northern Yanacocha gold district\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n November\n \n \n 9\n \n \n th\n \n \n , 2020\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 \n Fidelity\nMinerals\n \n \n \" or the \"\n \n \n Company\n \n \n \") is\n \n \n pleased to update surface sampling progress at\nits Las Brujas gold project in Cajamarca, Peru. Since early September\nthe Company has mobilized a small sampling team into the project area,\nwhere the team has located and occupied on-property accommodation.\nSince the previous project News Releases (on the 12\n \n \n th\n \n \n and\n24\n \n \n th\n \n \n August 2020) the Company has enlarged its concession holdings\nsignificantly, from 5,000ha to 8,400ha.\n \n \n \n \n Background\n \n \n \n \n The Las Brujas Project (FMN: 100%) has been expanded\nfrom the initial acquisition of 1,900ha (June 2019) through 3,400ha\n(January 2020) and 5,000ha (August 2020) to 8,400ha. This expansion\nhas been driven by encouraging surface sampling results (to 5,000ha)\nand more recently by the modelling of the geological relationships\nbetween regional epithermal gold systems and their adjacent and\nrelated porphyry gold-copper systems (interpreted to be geological\nanalogues of Tantahuatay - AntaKori / Cerro Corona).\n \n \n Expansion at Las Brujas is guided by remote sensing work that\nindicates surficial evidence of alteration that may reflect intrusive\nand hydrothermal activity to the east of the alteration observed in\nconnection with the gold-bearing prospects described by the Company on\n24 August 2020, and illustrated in the most recent presentation\n(\n \n \n \n https://www.fidelityminerals.com/latest-presentation\n \n \n \n ). These observations correlate with circumstantial\nindicators and inferred area structure also derived from remote\nsensing imagery.\n \n \n \n \n Initial Results\n \n \n \n \n The geological mapping and sampling projects were\ninitiated September 9, 2020 within the Las Brujas Gold 2 Concession\nwhere the Company holds certain permission from the land owners to\ncarry out ...