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Fidelity Minerals Secures Key Ground Access to Advance Las Huaquillas Project in Peru

Story Highlights
  • Fidelity Minerals is advancing its Las Huaquillas gold-copper project in Peru, targeting a higher stake and new resource estimate.
  • A new land access agreement enables road construction, unlocking underground sampling and drilling to drive project advancement.
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An update from Fidelity Minerals Corp ( (TSE:FMN) ) is now available.

Fidelity Minerals Corp., a Canadian-listed resource company, is advancing its flagship Las Huaquillas gold-copper project in northern Peru, where it aims to upgrade its 44.5% stake to 50% while validating historic underground data. The project combines a brownfield high-grade gold target at Los Socavones with additional copper upside from nearby porphyry systems.

The company has secured a surface access and land use agreement with a local landowner, enabling construction of an access road to historic underground workings and planned exploration areas at Las Huaquillas. By engaging a local contractor to complete the road by early April, Fidelity is positioning itself to mobilize crews, resume sampling, and prepare for underground drilling as a key step toward defining a new mineral resource estimate and advancing project development.

More about Fidelity Minerals Corp

Fidelity Minerals Corp. is a TSX-V listed resource company focused on advancing its brownfield Las Huaquillas gold-copper project in northern Peru, where it currently holds a 44.5% interest with the right to increase this to 50%. The company targets confirmation of historical underground sampling and the preparation of a new NI 43-101 compliant mineral resource estimate, while also exploring copper potential from two confirmed porphyry systems flanking the main epithermal gold zone.

Average Trading Volume: 16,043

Technical Sentiment Signal: Hold

Current Market Cap: C$8.02M

For detailed information about FMN stock, go to TipRanks’ Stock Analysis page.

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