Business
Fitzroy Minerals Drilling Update
(TheNewswire) VANCOUVER, BRITISH COLUMBIA, May 8 , 2025 – TheNewswire - ...
About this update from Fitzroy Minerals Inc
[{"type":"text","content":"Fitzroy Minerals Drilling Update\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n VANCOUVER, BRITISH COLUMBIA, May\n \n\n 8\n \n\n , 2025 –\n \n\n TheNewswire -\n \n\n FITZROY MINERALS INC. (TSXV: FTZ, OTCQB:\nFTZFF) (“Fitzroy Minerals” or the \"Company\")\n \n\n is pleased to provide an update on the exploration\nactivities within its portfolio of properties in Chile.  At the\nCaballos Copper Project, a 2,700 m, Phase 2 drilling program is\nunderway. Drilling will focus on depth and strike extensions to the\nmineralization successfully identified in CAB-DDH001 at the Chincolco\nanomaly (news release dated March 27, 2025). At the Buen Retiro Copper\nProject, a two-rig 8,000 m drilling program is progressing, with six\nholes already completed and core samples submitted for assay. Drilling\nis principally focused on stepping-out from known copper oxide\nmineralization in the top 150 m from surface. At the Polimet Au-Cu-Ag\nProject, 12 Phase 1 drill holes comprising 2,486 m, have been\ncompleted and core samples submitted for assay. Initial assay results\nfrom the Buen Retiro and Polimet projects are expected shortly.\n \n\n\n\n Highlights:\n \n\n\n\n\n\n\n A 2,800 m Phase 2 drilling program\nunderway at the Caballos Copper Project.\n \n\n\n\n\n\n\n\n A 8,500 m drilling program underway at\nthe Buen Retiro Copper Project; six drill holes completed and assays\nfrom initial holes are imminent.\n \n\n\n\n\n\n\n\n A 2,500 m Phase 1 drilling program at\nthe\n \n\n\n Polimet Au-Cu-Ag Project is\ncomplete\n \n\n\n and assays are\nimminent.\n \n\n\n\n\n\n\n Merlin Marr-Johnson, President and CEO of Fitzroy\nMinerals commented,\n \n\n \"The first hole at Caballos opened up a new mineral frontier,\nby identifying a previously unrecognized Cu-Mo-Au-Re mineralizing\nsystem. We now hope to add scale to the mineralization in this round\nof drilling. Specifically, we will drill the down-dip extension to the\nsuccessful first hole, CAB-DDH001 and then as many step-outs along the\n1.2 km-long Chincolco anomaly as possible before the snow sets in.\n \n\n\n\n At Buen Retiro a Phase 2 drilling\nprogram with two rigs is well underway, expanding the footprint of\nIOCG mineralization around the historical Manto Negro open pit mine.\n A striking feature of this Project is the pre...