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Fitzroy Minerals Reports 176 m @ 0.47% CuEq1 (0.31% Cu, 249 ppm Mo, 0.04 g/t Au) at the Caballos Copper Project and Confirms that the Buen Retiro Copper Project is Analogous to Candelaria, Chile
(TheNewswire) Vancouver, British Columbia – January 13, 2026 – TheNewswire - ...
About this update from Fitzroy Minerals Inc
[{"type":"text","content":" Fitzroy Minerals Reports 176 m @ 0.47% CuEq1 (0.31% Cu, 249 ppm Mo, 0.04 g/t Au) at the Caballos Copper Project and Confirms that the Buen Retiro Copper Project is Analogous to Candelaria, Chile\n(TheNewswire)\n\n\nVancouver, British Columbia –\nJanuary 13, 2026 – TheNewswire - Fitzroy\nMinerals Inc. (TSXV: FTZ, OTCQB: FTZFF)\n(“Fitzroy” or the “Company”) is pleased to provide an update on\nexploration progress at its Buen Retiro and Caballos copper projects\n(the “Copper\nProjects”) in northern Chile. \n\n\nHighlights:\n\n\n\n\nDrill hole CAB-DDH004A intersected 176 m @ 0.31% Cu,\n249 ppm Mo, 0.04 g/t Au (0.47% CuEq1) from 156 m at the Caballos Copper Project, Chile. \n\n\n\nAirborne MobileMT, 716 line-km geophysical survey\ncommissioned for Q1 2026, at the Caballos Copper Project,\nChile. \n\n\n\nSEG Visiting Lecturer Dr. Irene del Real Contreras\nconsiders that “the structural setting, the\ngeology and the mineralization seen at Buen Retiro is analogous to\nthat of Candelaria, with minor differences.\n \n\n\n\n\nMerlin Marr-Johnson, President and CEO of Fitzroy\nMinerals, commented: “Fitzroy is intersecting copper mineralization in two projects with\nscale in the world’s leading copper-producing country, as copper\nprices reach record highs. I am confident that 2026 will be a\ntransformative and hugely exciting year for the Company as\nwe meet our discovery and\nde-risking goals.\n\n\nThe latest results from Caballos\nshow that we are onto a robust copper-molybdenum-gold system with\nmultiple phases of mineralization and many of the signature features\nof classic Chilean porphyry copper deposits. The sulphides seen in\ndrill hole 9, and the results from drill holes 1 and 4A show that the\nmineralized trend is more than 600 metres long, and we are still in\nthe very early stages of exploration. I am looking forward to the\nresults of the deep-penetrating airborne geophysics scheduled for Q1.\n\n\n\nSeparately, drilling at Buen Retiro\ncontinues to intersect sulphide mineralization and a site visit by Dr.\nIrene del Real Contreras provided valuable insight. Dr. Real considers\nthat the intersections seen in drill holes 40 to 45 include\nmineralization preferentially hosted in an ‘Upper Pucobre\nFormation’ volcanic breccia ...