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Fitzroy Minerals Ltd. Clarifies Technical Disclosure

Technical Reports (NI 43-101) Regulatory & Compliance

April 24, 2025

Fitzroy Minerals Ltd. Clarifies Technical Disclosure

VANCOUVER, BRITISH COLUMBIA, April 24, 2025 – FITZROY MINERALS INC. (TSXV: FTZ, OTCQB: FTZFF)

(“Fitzroy Minerals” or the "Company") announces that, as a result of a review by the British Columbia

Securities Commission, the Company is issuing the following news release to clarify its disclosure. In the

Company’s Q4 2024 corporate presentation, the Company incorrectly disclosed a target on its Buen Retiro

project (the “Project”). The Company confirms that the Project does not have a current resource estimate,

and that the technical report titled “ National Instrument 43-101 Technical Report for the Buen Retiro

Copper Project” (available via the Company’s profile on SEDAR+) with an effective date of August 15, 2024,

is the current report on the Project.

About Fitzroy Minerals

Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential

in the Americas. The Company’s current property portfolio includes the Caballos Copper and Polimet Gold-

Copper-Silver projects located in Valparaiso, Chile, and the Taquetren Gold project located in Rio Negro,

Argentina, as well as the Cariboo project in British Columbia, Canada. Fitzroy Minerals’ shares are listed

on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF.

On behalf of Fitzroy Minerals Inc.

Merlin Marr-Johnson

President and CEO

For further information, please contact:

Merlin Marr-Johnson

[email protected]

+44 7803 712280

For more information on Fitzroy Minerals, please visit the Company's website: www.fitzroyminerals.com

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities

in the United States. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the

United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the

United States Securities Act) unless registered under the U.S. Securities Act and applicable state securities

laws or an exemption from such registration is available.

2

Neither Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

Exchange) accepts responsibility for the adequacy or accuracy of this release.