Finlay Minerals Ltd. issues a President's Letter
Finlay Minerals Ltd. issues a President's Letter
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:
or
Ilona Barakso Lindsay
at
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.
View original content:
http://www.newswire.ca/en/releases/archive/April2024/04/c9532.html
%SEDAR: 00018019E
For further information:
contact Finlay Minerals Ltd., Ilona Lindsay, Vice President, Corporate
Relations, Tel: 604-684-3099, [email protected]
CO: Finlay Minerals Ltd.
CNW 08:30e 04-APR-24