VANCOUVER, BC, April 4,
2024 /CNW/ - Finlay Minerals Ltd. (TSXV:
FYL) (OTCQB: FYMNF) ("Finlay" or the "Company")
is pleased to announce that Robert F.
Brown, President & CEO of the Company, has issued a
letter to shareholders and supporters:
Greetings Finlay Minerals' Shareholders & Supporters,
I am pleased to report that Finlay has weathered the difficult
financial times over the last several years as well as
possible. Work completed in 2023 included some insightful
investigations at the Silver Hope, and continued exploration
activities by our JV partner at the PIL. A minimum
3,000m drill program is proposed on
the Silver Hope's copper-silver Main Trend to test the major gaps
in drilling to connect the mineralized zones along the 2.5km
trend.
I, personally and on behalf of management, would like to thank
the Barakso family for their continued support; it started by
John J. Barakso founding Finlay with
his insight, international regard, and knowledge leading to the
projects Finlay now holds. John J. has passed the oversight
of the family's 51% interest in Finlay to his
son, John A. Barakso. Management looks forward to
further collaborations as we explore and
develop our projects.
Management's focus in 2024 has been on
financing further exploration, expanding the shareholder base
and Company awareness through presenting the company projects to
major mining companies and financial brokers. With the recent
record gold price and renewed interest in the mining
sector, interest will duly return to the exploration
sector. Finlay is ready with its three projects, fully
permitted for drill programs, and contacts in the financial sector
in place.
Details of the 2023 exploration activities
and the proposed drilling are outlined
in our corporate presentation and the updated
individual project presentations on our website at:
www.finlayminerals.com
As always, if you have any questions or would like to speak with
me further, please feel free to email me at:
rbrown@finlayminerals.com or Ilona Barakso
Lindsay at iblindsay@finlayminerals.com
Warm regards,
Robert F. Brown, P. Eng.
President, CEO, and Director
About Finlay Minerals
Ltd.
Finlay is a TSXV company focused on exploration for base and
precious metal deposits in northern British Columbia. Finlay trades under
the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the
OTCQB.
On behalf of the Board of Directors,
Robert F. Brown, P. Eng.
President & CEO
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Information: This news
release includes certain "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of applicable Canadian
securities legislation. All statements in this news release that
address events or developments that we expect to occur in the
future are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are
generally, although not always, identified by words such as
"expect", "plan", "anticipate", "project", "target", "potential",
"schedule", "forecast", "budget", "estimate", "intend" or "believe"
and similar expressions or their negative connotations, or that
events or conditions "will", "would", "may", "could", "should" or
"might" occur. All such forward-looking statements are based on the
opinions and estimates of management as of the date such statements
are made. Although Finlay believes the expectations expressed in
such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include market prices, exploration
results, availability of capital and financing and general
economic, market or business conditions, and the other risk factors
described in Finlay's filings with Canadian securities regulators
on SEDAR at www.sedar.com. These forward-looking statements are
based on a number of assumptions including, among other things,
assumptions regarding general business and economic conditions, the
timing and receipt of regulatory and governmental approvals, the
ability of Finlay and other parties to satisfy stock exchange and
other regulatory requirements in a timely manner, the availability
of financing for Finlay's proposed transactions and programs on
reasonable terms, and the ability of third-party service providers
to deliver services in a timely manner. Investors are cautioned
that any such statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected in the forward-looking statements. Finlay does not assume
any obligation to update or revise its forward-looking statements,
whether as a result of new information, future or otherwise, except
as required by applicable law.
SOURCE Finlay Minerals Ltd.
