Finlay Minerals Ltd. is pleased to announce the commencement of the Induced Polarization geophysical survey over the Equity East and Allin Zone areas of anomalous soil and rock geochemistry as part of the 2021 Silver Hope project exploration program. The IP program will initially cover the 3.5 by 3.5 km area of the Equity East and Allin Zones multi-element soil and rock geochemistry anomalies with four 1km spaced [...]
John Barakso announced today that, as a result of the previously announced private placement financing of Finlay Minerals Ltd. that closed on July 9, 2021, his subsequent exercise of stock options to acquire 350,000 common shares of Finlay on July 13, 2021 for an aggregate exercise price of $17,500 and, indirectly through Baril Developments Ltd., a private company controlled by Mr. Barakso , his acquisition of 1,358,332 [...]
Finlay Minerals Ltd. is pleased to announce the completion and results of Phase I of its 2021 exploration program. Highlights: The June 2021 soil / rock sampling program has doubled the size of the multi-element geochemistry anomaly at the Equity East target to an area of 3.5 by 3.5 km. The soil sample anomaly is coincident with airborne magnetic and ZTEM results. A ground induced polarization geophysical program of [...]
Finlay Minerals Ltd. is pleased to announce that, further to the Company's news releases dated June 17 and June 25, 2021, the Company has closed, subject to receipt of final approval from the TSXV, its private placement financing for total proceeds of $2,643,777. As part of the Private Placement, Crescat Capital, for certain funds of Crescat, has made a strategic investment in the Company representing a 9.1% ownership [...]
Finlay Minerals Ltd. is pleased to report that all matters set before the Annual General Meeting of the Company on Friday, June 25, 2021 were approved by the shareholders. 55,706,280 shares were voted representing 59.7% of the issued and outstanding shares of the Company. The seven nominees for the Board of Directors were elected and they are: John A. Barakso, Robert F. Brown, Richard T. Dauphinee, Alvin W. Jackson, Ilona [...]
Finlay Minerals Ltd. is pleased to announce that, due to strong investor demand for its non-brokered private placement previously announced on June 17, 2021, the Company has agreed to increase the size of the Private Placement from $2,000,000 to up to $2,635,000. Under the increased Private Placement, the Company will sell up to: 18,166,666 units, at a price of $0.09 per NFT Unit, with each NFT Unit comprising one common [...]
Finlay Minerals Ltd. is pleased to announce a proposed non-brokered private placement financing for aggregate gross proceeds of up to $2,000,000 . As part of the Private Placement, Crescat Capital LLC has agreed to make a strategic investment in the Company and will have the right and option to participate in future financings to maintain its equity interest for a three-year period from the closing date of the Private [...]
Finlay Minerals Ltd. announces that the 2021 exploration field program will commence immediately on the newly discovered Equity East anomaly on its Silver Hope Property. The focus of the field program will be on the newly discovered Equity East Zone: a multi-element, 3 km long soil anomaly, immediately down-ice from a 5km long ZTEM airborne geophysical anomaly. This Equity East soil - ZTEM feature is parallel to the MAIN [...]
Finlay Minerals Ltd. announces the resignations of Peter Tegart, an independent director of the Company and Warner Gruenwald, Vice President of Exploration and a director of the Company. Both Peter and Warner have spent many years with Finlay, and their guidance and industry knowledge will be missed. Peter is stepping out of his mining industry roles and focusing on family, while Warner has taken on another role in [...]
Finlay Minerals Ltd. is pleased to announce the completion and results of its 2020 exploration program. Highlights: Six drill holes, totalling 1,192m, were completed with each drill hole intersecting mineralization and demonstrating continuity in the Gaul Zone. Drilling highlights include: 10.00 metres core length grading 65g/t silver and 2.33% copper in the Upper Zone of drill hole SH20-06, and 25.0m grading 11g/t Ag and [...]
Finlay Minerals Ltd. is pleased to announce the completion of its 2020 field work on the PIL property. The overarching goal for the Company's field work was to leverage new technologies with alteration and geological mapping, geochemistry, and data compilation from the last 20 years to determine where gossanous outcroppings are in terms of depth to the mineralized potassic core of an intrusive porphyry copper system [...]
Finlay Minerals Ltd. is pleased to announce completion of the 2020 field work on its Silver Hope property. The overarching goal for the Company's field programs was to leverage new exploration technologies and geological knowledge developed over the last decade to advance the property's mineral potential. Silver Hope Property Drill Program: The Company completed core drilling of six holes totalling 1,192m in late October [...]
