VANCOUVER, BC, July 16, 2026 /CNW/ -- Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) ("Finlay" or the "Company") is pleased to report the start of its exploration programs on the PIL & ATTY Properties in the Toodoggone mining district of British Columbia.
Both programs are 100% funded by Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") pursuant to Earn-In Agreements on each property which are in Year 2 of their 6-year terms.(1)
The 2026 program at PIL will focus on drilling, Induced Polarization ("IP") surveys, and the geological mapping of key targets identified in the 2025 exploration program. Drilling is expected to start on or around July 22nd and will test select targets where large surface geochemical and IP anomalies are present. Further IP surveys will be completed on various other zones to expand on existing IP anomalies in addition to testing new targets. Geological mapping will be conducted on regional targets to help identify future IP and drilling targets.
At ATTY, 2026 work will continue to refine targets through IP surveying, mapping and surface sampling focusing on the Wrich and Valley targets with the goal of delineating drill targets for 2027.
CLICK HERE to link to details relating to the 2026 PIL & ATTY Exploration programs and the PIL Property Map.(2)
The PIL and ATTY properties are in the heart of British Columbia's prolific Toodoggone District in north central British Columbia and flank Aurora Mineral's Ltd. Joy Property, a 60% - 40% joint venture between Freeport and Amarc Resources Ltd. respectively. Additionally, the ATTY Property is north and contiguous with Centerra Gold's Kemess Project which is undergoing a pre-feasibility study following a preliminary economic assessment announced in early 2026.(3)
References:
Finlay news releases NR 03-25 dated April 17, 2025, titled: "Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties" and NR 05-25 dated May 2, 2025 and entitled: "Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement."
Finlay news release NR 04-26 dated May 13, 2026, titled: "Finlay Minerals Announces Fully Funded 2026 Exploration Programs at PIL and ATTY – Freeport to Fund Priority Drilling at PIL and Continued Work at ATTY."
Centerra Gold's news release dated January 19, 2026, titled: "Centerra Gold's Kemess Preliminary Economic Assessment Highlights Strong Economics that Support the Company's Long-Term Growth Pipeline."
Qualified Person:
Wade Barnes, P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.