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TSX-V:FMN

Fidelity Minerals Corp.

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Market:
TSX-V
Market Cap:
$5.65 m
Price
0.12 CAD
Change
9.52%
52 weeks high
0.13
52 weeks low
0.02

CERRO DORADO

Overview

  • Fidelity Minerals owns 100% of the Cerro Dorado Project.

The Cerro Dorado project consists of:

  • Full service 45 person camp with accommodation, catering, office and storage facilities.
  • Recently built 45 TPD CIP plant, with permitted expansion up to 115 TPD and new 60 TPD flotation circuit.
  • Rey Salomon gold mine adjacent to the plant (100% FMN).

Strategic Location

  • Cerro Dorado is located in the mining district of Caraveli, Arequipa, 700km south of Lima in the prolific mining Province of Caraveli.
  • Cerro Dorado provides Fidelity Minerals with a platform to process high grade ore on an “owned” or “tolling” basis.​

 

GREATER LAS HUAQUILLAS (GLH) PROJECT

Overview

  • The Core Las Huaquillas project has undergone extensive historically defined exploration since the late 1980’s.
  • Five significant mineralized zones have been identified at the project as follows: (i) Los Socavones, (ii) El Huabo, (iii) Las Huaquillas, (iv) Cementerio and (v) San Antonio.
  • A historical gold resource* was reported in 1998.
  • Historical drilling has identified two copper porphyries with significant mineralization, and potential to define substantial resource.
  • Fidelity Minerals is consolidating the ownership of the Greater Las Huaquillas Project.

 

PORPHYRITIC COPPER 

Overview

  • Large-Scale Copper Target – (ownership 100% FMN)
  • Porphyritic copper mineralization identified at two key mineralized zones approximately 4,000m apart.
  • Historical sampling at the project indicates peak mineralization grades of
  • -between 0.36% - 0.66% Cu at the Upper Zone
  • -and higher grades of >1% Cu at the Lower Zone
  • Potential that the two mineralised zones represent exposed sections of a typical Cu-Mo Porphyry system.

 

LAS BRUJAS 

Overview

Big Gold Resource Potential - (ownership 100% FMN)

  • Highly prospective gold project located within the world-class "Yanacocha External Caldera" region.
  • Historical sampling at the project includes mineralization grades of: 10m grading 1.5g/t Au (surface chip samples).
  • Previous exploration at the project identified an apparent geochemical signature that appears typical of an epithermal precious metal system.

 

CERRO EL BRONCE

Overview

  • High-Grade Gold Mineralization - (ownership 100% FMN)
  • Highly strategic project concession package hosts significant copper and gold mineralization.
  • Historical sampling at the project indicates peak mineralization grades of:
  • -up to 6.8% Cu, and​
  • -up to 20.3g/t Au​​
  • Several copper minerals have been mapped across the project, as well as high-grade gold mineralization.​​​

For more information, please click here 

Bahay Ozcakmak - Executive Chairman

Corporate strategy expert with extensive M&A, business development & corporate restructuring experience including CEO and director level roles in the energy and resources sectors. Currently, Bahay is a director of several mining focused companies, including Activated Water Technologies, Consolidated Potash Corporation and Lions Bay Capital Inc., Fidelity Minerals Corp’s largest shareholder.

Ian Graham - CEO & Director

20 years in development and exploration of mineral deposits with Rio Tinto (Chief Geologist), Anglo American (Geologist) & Discovery Harbour (President & CEO), international projects, including Diavik Diamonds (NWT, Canada), Resolution Copper (Arizona, USA), Eagle Nickel (Michigan, USA) and Bunder Diamonds (India).

Anthony Balic - CFO & Director

Anthony has worked with Canadian and US publicly listed resource companies in a range of senior roles during the past 10 years. He is the current CFO of Goldgroup Mining where he was part of the finance team which brought their Mexican mine into commercial production.

Luis F. Zapata - Director

Former Partner and Head of Capital Markets at Seminario SAB and former Head of Latin America Institutional Equity Sales at Canaccord Genuity. Has structured, financed or participated in over C$500M of equity raises. Frequent media commentator on the resources sector in Peru as well as a dual Canadian/Peruvian citizen fluent in English and Spanish, conversational Mandarin.

Jose Luis Garcia Yrivarren - GM Operations (Peru)

Previously head of operations at Peru’s largest private gold processing company, a firm that produced 79,966 ounces of gold in 2014 through its gold milling facility located in Chala. Mr. Garcia was responsible for the organization and formalization of mineral feed purchases as well as overseeing the mineral supply chain which is secured through satellite receiving stations dispersed among the established gold production districts in southern Peru.

ADVISORY BOARD

John Byrne

John Byrne has 40 years of experience in the natural resource industry as a financial analyst, investor and mine developer. He formed Cambrian Mining Plc in 2002 with net assets of £1.4 million and before being acquired in 2008 had net assets of GBP£149 million. John has been Chairman and CEO of numerous successful resource companies, including Western Coal Corp which was capitalised at less than C$1 million when he joined, and was sold for C$3.3billion in 2010. He is afounder of Lions Bay Capital, Fidelity’s largest shareholder.

Len De Melt

Len De Melt is widely recognized within the mining industry. He has been involved with 10 properties which became mines, including Hudbay’s Constancia mine in Peru (Cu), Homestake’sGolden Bear mine (Au), Goldust’s Croiner mine (Au), and BHP’s Ekati mine (diamonds). He hasbeen Chairman of International Norsemont Ventures which subsequently went through a name change and, in 2011 was sold to Hudbay Minerals for US$520 million. Mr. De Melt resigned as director and officer of Norsemont Mining in 2006.

Greg Hall

Greg Hall has 30 years experience in advancing international exploration, development, and mining ventures, and all aspects of their structuring and finance. Greg is currently President of Water Street Assets and Director of Prophecy Development. Previously a director of Silvercorp Metals, China’slargest primary silver producer and one of the lowest cost silver producers among its industry peers. Other former appointments include: Director at Haywood Securities; VP at Canaccord Genuity; and Senior VP at Leede Jones Gable.

 

Corporate Counsel
Clark Wilson

800 - 885 West Georgia Street,

Vancouver, BC, V6C 3H1

Transfer Agent
TMX Equity Transfer Services Inc.

200 University Avenue, Suite 300

Toronto, ON, M5H 4H1

Auditors
Davidson & Company LLP

Chartered Professional Accountants

1200 – 609 Granville Street,

P.O. Box 10372

Vancouver, BC, V7Y 1G6