Fitzroy Minerals Starts Heliborne Mobile MT Geophysical Survey at Caballos Copper Project, Chile
February 11, 2026
Fitzroy Minerals Starts Heliborne Mobile MT Geophysical Survey at Caballos Copper Project, Chile
Vancouver, British Columbia – February 11, 2026 – Fitzroy Minerals Inc. (TSXV: FTZ, OTCQX: FTZFF; FSE: C3Y)
(“Fitzroy” or the “ Company”) is pleased to announce that Expert Geophysics Surveys Inc. has started a planned
750 line-kilometre mobile magnetotelluric (“MobileMT”) heliborne survey at the Caballos Copper Project,
Valparaiso, Chile. This survey will cover the entirety of Fitzroy's Caballos Copper Project (the “Property” or the
“Project”) within two days and interpreted results are expected in March 2026.
MobileMT is a leading geophysical technology, which aids in the identification of subsurface geologic structures,
alteration halos and contrasting lithologies. Complementary VLF-EM data, which provides near-surface
electromagnetic (“EM”) information, should yield increased resolution of shallow features. Combining the
methods should identify deep-seated faults, lithological contacts, and structures controlling mineral systems from
surface to a depth of approximately 1 km to 2 km, dependent on the conductivity distribution of the local geology.
Merlin Marr-Johnson, President and CEO of the Company, commented: " We expect the Mobile MT data will
provide a three-dimensional image of the Caballos Project area, including under the younger volcanic rocks to the
east. We hope the survey will assist us in tracing the outline of the mineralized breccias already intersected through
drilling. Further, we hope the survey helps us to vector towards the origin of the mineralized breccias that
themselves contain clasts of mineralized porphyry rocks. MobileMT is known for identifying areas of electrically
conductive sulphides potentially linked to mineralized porphyry intrusive centres, and resistive bodies
representative of intrusions.”
About Fitzroy Minerals
Fitzroy Minerals is focused on exploring and developing copper-focused mineral assets with substantial upside
potential in the Americas. The Company’s current property portfolio includes the Buen Retiro Copper Project
located near Copiapó, Chile, the Caballos Copper and Polimet Gold-Copper-Silver projects located in Valparaiso,
Chile, the Taquetren Gold Project located in Rio Negro, Argentina, and the Caribou 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 the board of Fitzroy Minerals Inc.
Merlin Marr-Johnson
President and CEO
For further information, please contact:
Merlin Marr-Johnson
+447803712280
For more information on Fitzroy Minerals, please visit the Company's website: www.fitzroyminerals.com
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