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Finlay Reports on the ATTY Property Option by Serengeti Resources Inc. and the Appointment of a Vice President, Corporate Relations
Finlay Reports on the ATTY Property Option by Serengeti Resources Inc. and the Appointment...
About this update from Finlay Minerals Ltd.
[{"type":"text","content":"\n\n\n\nFinlay Reports on the ATTY Property Option by Serengeti Resources Inc. and the Appointment of a Vice President, Corporate Relations\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\nCanada NewsWire\nVANCOUVER, April 4, 2019\n\n\n\nVANCOUVER, April 4, 2019 /CNW/ - Finlay Minerals Ltd. (TSXV: FYL) (the \"Company\") reports that Serengeti Resources Inc. (\"Serengeti\") has fulfilled the first anniversary financial requirements in regards to the option agreement of its ATTY Property.\nThe option agreement, which was entered into in March, 2018 (Reference: Finlay NR 01-18 dated March 5, 2018), has an 8 year term and is now in its second year. The Company looks forward to Serengeti's summer program on the ATTY with a minimum of $875,000 of work to be conducted.\nThe results of the 2018 field work conducted by Serengeti on the ATTY identified 4 drill targets - one of which confirmed and expanded the drill target identified by the Company's 2007 Titan IP geophysical survey.\nThe Company confirms that, per the option agreement, ownership of the ATTY Property does not get transferred unless and until such time as all the financial consideration of $1.85 million and work commitments of $12 million have been met by Serengeti.\nThe Company further announces the appointment of Ilona Barakso Lindsay as Vice President, Corporate Relations. Ms. Lindsay has worked for the Company for over 10 years and has been responsible for tenure management, accounting, corporate administration and recently, financings.  She holds a Bachelor of Science degree in Microbiology from the University of British Columbia and is a director in the Barakso family companies.\nAbout Finlay Minerals Ltd.\nFinlay is a TSX Venture Exchange company focused on exploration for base and precious metal deposits in northern British Columbia. The Company's properties are:\nthe Silver Hope Property which includes porphyry copper-molybdenum mineralization discovered in 2010, along with three silver-copper mineralized zones, in a contiguous trend with the mined-out deposits of the former Equity Silver Mine (7...