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Fitzroy Announces an Exploration Update at the Buen Retiro and Caballos Copper Projects, Chile
VANCOUVER, BRITISH COLUMBIA - September 29, 2025 (NEWMEDIAWIRE) - Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) ("Fitzroy" or the "Company") is pleased to provide an update on exploration progress at its Buen Retiro and Caballos copper projects (th...
About this update from Fitzroy Minerals Inc
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA - September 29, 2025 (NEWMEDIAWIRE) - Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) ("Fitzroy" or the "Company") is pleased to provide an update on exploration progress at its Buen Retiro and Caballos copper projects (the "Copper Projects") in northern Chile.","length":319,"tagName":"p"},{"type":"text","content":"At Buen Retiro, recent diamond drilling (holes 28 to 35[1]) has extended the zone of continuous mineralization in the Southwest Area to 1.4 km, representing a ~40% increase from the 985 m previously reported. Copper mineralization is open along strike, with a further 2,250 m of diamond drilling ("DD") planned for 2026. Reverse-circulation ("RC") drilling at Buen Retiro has completed 1,050 m in four holes, with a further 3,950 m planned. Preliminary logging of RC chips has identified intrusive rocks bearing chalcopyrite and pyrite mineralisation, several kilometres to the east of the Southwest Area. Initial RC assays are expected in October 2025. The Company is investigating the potential for fast-track production and now aims to complete a maiden mineral resource estimate and a Preliminary Economic Assessment ("PEA") on a heap leach project at Buen Retiro in 2026.","length":906,"tagName":"p"},{"type":"text","content":"At Caballos, the Company is expanding its Caballos drilling program to three rigs to accelerate testing of priority targets on the back of several recent advances there. Fitzroy is in the process of drilling an approximately 400 m hole (#3) at Caballos. Progress in a vertical hole (#2) from Pad 1 stalled when fault gouge was intersected at a depth of 350 metres. Two additional rigs are being mobilised and the Company intends to complete at least 3,000 m of diamond drilling at Caballos in 2025, comprising approximately 2,000 metres at the Chincolco Prospect and 1,000 metres at the Mule Hill Prospect.","length":606,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"text","content":"- At Buen Retiro, BRT-DDH-028 intersected 133[2] m @ 0.46% Cu in oxides from top of bedrock (at 22 m downhole) to a downhole length of 155 m, including 40 m @ 0.53% Cu from 32 m, and 35 m @ 0.77% Cu from 115 metres.","length":215,"tagName":"p"},{"type":"text","content":"- At Buen Retiro, holes 28 to 35 c...