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Finlay Minerals purchases high-grade copper-silver SAY Property
Finlay Minerals purchases high-grade copper-silver SAY Property Canada NewsWire ...
About this update from Finlay Minerals Ltd.
[{"type":"text","content":"\n \n \n \n Finlay Minerals purchases high-grade copper-silver SAY Property\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 26, 2024\n \n \n /CNW/ -\n \n Finlay Minerals\n \n (TSXV: FYL) (OTCQB: FYMNF) (\"\n \n Finlay\n \n \" or the \"\n \n Company\n \n \") is pleased to report that it has entered into an agreement (the \"\n \n Purchase Agreement\n \n \") for the 100% purchase of the SAY Property (the \"\n \n SAY\n \n \") 140 km north of\n \n Smithers, BC\n \n .\n \n \n \n Robert F. Brown\n \n , President & CEO of Finlay Minerals, states:\n \n \n \"\n \n Initial rock sampling along the open-ended, and virtually unexplored, Spur Target Area has discovered high-grade copper-silver values associated with regional structures and a magnetic-high trend.  The Spur Trend along with the Shel porphyry copper mineralization, mark the SAY Property as an excellent exploration project, all within the prodigious Stikine Terrane rocks of northern\n \n British Columbia\n \n .\n \n \n \n \n Finlay management looks forward to conducting an exploration program in the near future to further evaluate and generate new targets.\n \n \"\n \n \n \n \n \n \n \n \n \n The SAY property covers 10,587 hectares (99.17km\n \n 2\n \n ) of highly prospective ground and hosts multiple styles of high-grade copper ± silver and molybdenum-copper mineralization in two known target areas:\n \n \n \n the\n \n Spur Target\n \n area has outcrop rock sampling with up to\n \n 15.8% copper (\"Cu\")\n \n and\n \n 993 g/t silver (\"Ag\")\n \n in predominantly structurally-hosted Cu and Ag mineralization, with\n \n 78 of 129 rock samples collected to date yielding >1% Cu and 59 yielding >100 g/t Ag\n \n which have been sampled\n \n over 4.3 km along the Tsaytut Ridge\n \n . The Spur Trend is associated with a 55 km long NNW trending regional magnetic high feature along which regional structural and redbed-type Cu-Ag, and porphyry Cu showings exist.\n \n \n the\n \n Shel Target\n \n area hosts a 3 km x 2 km circular m...