Finlay Minerals completes Drilling and Field Programs on the Silver Hope Property

Finlay Minerals completes Drilling and Field

Programs on the Silver Hope Property

VANCOUVER, BC

,

Nov. 15, 2022

/CNW/ -

Finlay Minerals Ltd.

(TSXV: FYL) (OTCQB:

FYMNF) ("

Finlay

" or the "

Company

") is pleased to announce that all drilling and field programs have

been completed on its Silver Hope Property, in central British Columbia.

2022 Silver Hope:

The recently completed 1,671 meter ("m") drill program evaluated some of the high-priority, undrilled

targets within the Equity East Zone (3 holes totaling

444 m

) and the Allin Zone (3 holes totaling

1,017 m

). The Equity East and Allin targets are combined geochemical and geophysical anomalies

strongly associated with the Goosly Intrusive Complex (GIC). (

CLICK HERE

to view the

Silver

Hope Property with the Equity East & Allin Zones and the Main Trend's Gaul Zone Map

). The

former Equity Silver open-pit and underground mine is located on the western edge of the magnetic

high anomaly which is interpreted as the GIC.

Follow-up drilling in the Gaul Zone (1 hole totaling

210 m

), along the Main Trend, also tested

125 m

south of

SH21-09

which intersected

76.57 m

(from

80.23 m

) grading 0.45% Cu, 14.6 g/t Ag, and

0.14 g/t Au.

Overall, 817 drill core samples were submitted for analysis, along with 151 soil samples taken to the

west of the MAIN Trend over the SAM showing, and another 21 soil samples taken over a new

gossanous area to the northwest of the former Equity Silver Mine exposed by recent logging. All

samples have been shipped to ALS Global Laboratories. Assay results will be released after they

have been received and reviewed.

Qualified Person:

Wade Barnes

, P. Geo. and Vice President, Exploration for Finlay and a qualified person as defined

by National Instrument 43-101, has approved the technical content of this news release.

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.

For further information and details, please visit the Company's website at

www.finlayminerals.com

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.

View original content:

http://www.newswire.ca/en/releases/archive/November2022/15/c2267.html

%SEDAR: 00018019E

For further information:

Finlay Minerals Ltd., Ilona Lindsay, Vice President, Corporate Relations,

Tel: 604-684-3099, [email protected]

CO: Finlay Minerals Ltd.

CNW 08:30e 15-NOV-22