Quetzal Copper Closes Share Property Payment

Quetzal Copper Closes Share Property Payment

Quetzal Copper Corp. ( TSXV: Q) ("Quetzal" or the "Company"), a copper-focused exploration company, is pleased to announce that the Company, pursuant to the terms of the option agreement dated April 9, 2022, issued an aggregate of 3,623,290 common shares of Quetzal Copper.

Half of the share issuance will be restricted under the following schedule: 25% will be escrowed for five months and the remaining 25% will be escrowed for eleven months.

CEO Matthew Badiali said, "We are pleased to issue these shares to our partner, Princeton Copper, for the Princeton Project. The Princeton Project is an outstanding 11,500-hectare property on the doorstep of Hudbay's Copper Mountain Mine. The existing suite of drill targets offer us many shots on goal in one project. We look forward to the opportunity to drill this project in 2024."

Princeton Property

The Princeton Project is an 11,500-hectare property located south of the town of Princeton British Columbia and adjacent to Hudbay's Copper Mountain Mine. Extensive historical datasets compiled by the Quetzal include drilling, geochemical, and geophysical surveys.

Quetzal recently reprocessed existing geophysical data (magnetic and IP surveys) collected between 2020 and 2022. The work refined three existing targets: Bud South, Knob Hill, and Aura. In addition, it identified a new, previously unidentified target called Contact.

The targets demonstrate anomalous copper and gold in soils coincident with multi-parameter magnetic and IP geophysical anomalies. Only one target, Bud South, has been drilled (1987). One hole was completed on the fringe of the geophysical anomaly and encountered 10.5 m at 0.18% copper and 0.34 g/t gold. The core log describes potassic alteration with mineralization (magnetite, K-feldspar, pyrite, epidote, and chalcopyrite). The other copper porphyry targets on the project remain undrilled.

QP Statement

Dr. Roy Greig, P.Geo., a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical content in this release.

About Quetzal Copper

Quetzal is engaged in the acquisition, exploration, and development of mineral properties in British Columbia. Quetzal currently has a portfolio of three properties located in British Columbia, Canada and one in Mexico. The Company's principal project, Princeton Copper, is located adjacent to Hudbay's Copper Mountain mine in southern British Columbia.

For further information please contact:

Quetzal Copper Limited

Matthew Badiali, CEO

Phone: (888) 227-6821

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 STATEMENTS

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to: exercise of the Polaris Option; payment of underlying option payments; and the exploration and development of the Company's properties.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated, accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.


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Quetzal Copper (TSXV:Q)

Quetzal Copper

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Copper exploration in North America to supply Canadian, American, and Mexican demand at home.

Quetzal Copper Announces Closing of Financing

Quetzal Copper Announces Closing of Financing

Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") announces that further to its news releases dated February 18, 2025, the Company has closed its financing of flow-through units and non-flow-through units, originally announced on December 13, 2024.

CEO Matt Badiali said: "We are pleased to get this money in the bank and get back to the business of exploration. We see new copper projects as potential boosts for both the local economy and the province. We want to test the targets at Princeton immediately. With this capital in the bank, we can do that and more in 2025."

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Quetzal Copper Announces Closing of Third Tranche of Financing

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Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") is pleased to announce that it has closed its Third Tranche (the "Third Tranche") of a previously announced non-brokered flow-through and non-flow-through private placement (the "Offering"). Under the tranche, the Company issued 3,249,967 Non-Flow-Through Units ("NFT Units") at a price of $0.15 per NFT Unit, for gross proceeds of $487,495.05.

In total, the Company raised gross proceeds of $2,437,498.92 and issued 11,470,611 flow-through units at $0.17 per unit (the "FT Units") and 3,249,967 NFT Units at $0.15 per NFT Unit.

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Quetzal Copper Announces Closing of Third Tranche of Financing

Quetzal Copper Announces Closing of Third Tranche of Financing

Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") is pleased to announce that it has closed its Third Tranche (the "Third Tranche") of a previously announced non-brokered flow-through and non-flow-through private placement (the "Offering"). Under the tranche, the Company issued 3,249,967 Non-Flow-Through Units ("NFT Units") at a price of $0.15 per NFT Unit, for gross proceeds of $487,495.05.

In total, the Company raised gross proceeds of $2,437,498.92 and issued 11,470,611 flow-through units at $0.17 per unit (the "FT Units") and 3,249,967 NFT Units at $0.15 per NFT Unit.

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Quetzal Copper Announces Closing of Third Tranche of Financing

Quetzal Copper Announces Closing of Third Tranche of Financing

Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") is pleased to announce that it has closed its Third Tranche (the "Third Tranche") of a previously announced non-brokered flow-through and non-flow-through private placement (the "Offering"). Under the tranche, the Company issued 3,249,967 Non-Flow-Through Units ("NFT Units") at a price of $0.15 per NFT Unit, for gross proceeds of $487,495.05.

In total, the Company raised gross proceeds of $2,437,498.92 and issued 11,470,611 flow-through units at $0.17 per unit (the "FT Units") and 3,249,967 NFT Units at $0.15 per NFT Unit.

News Provided by Newsfile via QuoteMedia

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Quetzal Copper Announces Closing of Third Tranche of Financing

Quetzal Copper Announces Closing of Third Tranche of Financing

Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") is pleased to announce that it has closed its Third Tranche (the "Third Tranche") of a previously announced non-brokered flow-through and non-flow-through private placement (the "Offering"). Under the tranche, the Company issued 3,249,967 Non-Flow-Through Units ("NFT Units") at a price of $0.15 per NFT Unit, for gross proceeds of $487,495.05.

In total, the Company raised gross proceeds of $2,437,498.92 and issued 11,470,611 flow-through units at $0.17 per unit (the "FT Units") and 3,249,967 NFT Units at $0.15 per NFT Unit.

News Provided by Newsfile via QuoteMedia

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Finlay Minerals stakes the JJB Property - within the Bear Lake Corridor of British Columbia

Finlay Minerals stakes the JJB Property - within the Bear Lake Corridor of British Columbia

finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF) ("Finlay" or the "Company") is pleased to announce the staking of 9 mineral claims covering 15,453 hectares (approximately 154 km²) in the northern Bear Lake Corridor of British Columbia . The JJB Property is named in honour of Finlay's Founder, John J. Barakso who was an early advocate for the potential of the Bear Creek Corridor.

Figure 1. New JJB Property location and expanded SAY Property boundary. (CNW Group/Finlay Minerals Ltd.)

JJB PROPERTY:

The JJB Property is located within a highly prospective 135-kilometer-long belt in the Stikine Terrane, which hosts several significant copper (Cu) and silver (Ag) showings and prospects. Noteworthy nearby projects include Zimtu Capital Corp.'s Copperline Project and Doubleview Gold Corp.'s Red Spring Project. Additionally, porphyry projects along the Bear Lake trend include Imperial Metals' Cu-Mo Porphyry Bear Lake Project, American Eagle Gold's Cu-Au-Mo ± Ag NAK Project, Amarc Resources Ltd.'s DUKE Project, and HDI Quartz Mountain's Cu Porphyry Jake Project.

The JJB area has geology similar to that of the deposits found in the Bear Lake Corridor. Three main copper showings have been identified on the property: Squingula, Quin, and Pat. The Squingula and Quin showings are located near an Eocene intrusion on the west side, characterized by a coincident magnetic high. This magnetic high is surrounded by a low that corresponds with an iron oxide anomaly, potentially indicative of a porphyry target. Both the intrusion and the magnetic and iron oxide signatures are associated with a multi-element geochemical anomaly identified through limited sampling. Mineralization appears to be influenced by major northwest-trending structures and east-west cross structures, with known mineralization occurring at the intersections of these structures.

In 2025, exploration work at the JJB will focus on expanding the geochemical anomalies within the gossanous magnetic low surrounding the magnetic high. Priority will be given to an airborne magnetic survey, along with prospecting and soil sampling.

Details on the JJB Property can be found in the JJB Property Technical Presentation and in the Properties section of the Company website at www.finlayminerals.com .

SAY PROPERTY:

Lying 4 km south of Finlay's new JJB Property, work continues on the SAY Property, which has recently been expanded with additional staking to the north and south. The SAY Property now totals 26,202 hectares. The SAY Property was acquired in 2024, and an inaugural field program focused on chip sampling and mapping along the 4.3-kilometer-long SPUR Trend. This led to the discovery of the AG Zone and confirmed the continuity of high-grade Cu-Ag mineralization in the East Breccia Zone.

The SPUR is a high-grade Cu-Ag structural vein and breccia target that extends for 4.3 km along the north-northwest Tsaytut Spur ridge * .

The SHEL target area is a Cu-Mo porphyry identified through historic mapping and drilling. SHEL mineralization is reported to be associated with veining and breccias within quartz-feldspar porphyry dikes and lies on the western margin of an unexplored 3 km x 2 km magnetic high * . Historical assays and airborne magnetic data indicate the potential for the expansion of known mineralization in these two target areas.

In 2025, exploration work at the SAY will aim to expand the mineralized footprint of the SPUR and SHEL targets through geological mapping, soil sampling, and an airborne magnetic survey.

Details on the SAY Property, can be found in the SAY Property Technical Presentation and in the Properties section of the Company website at www.finlayminerals.com .

References:

*

Refer to finlay minerals ltd. News Release # 11-24 dated October 3, 2024 entitled: " Finlay Minerals has completed its Inaugural Field Program at the High-Grade Copper-Silver SAY Property " available on SEDAR at www.sedarplus.ca.

Qualified Person:

Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals 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 with five 100%-owned and operated properties in northern British Columbia . In addition to the JJB & SAY Properties, the Company holds the:

  • PIL Property , which covers 13,374 ha in the heart of the Toodoggone region, has numerous porphyry Cu-Au ± Ag targets and associated epithermal Au-Ag mineralization. Exploration on the PIL Property is fully funded for 2025 with the signing of an Earn-In-Agreement with Freeport-McMoRan (Refer to news release FYL NR03-25 entitled: "Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties ". ) The PIL is neighboured by Amarc Resources and Freeport-McMoRan's joint venture JOY Project and TDG Gold Corporation's Shasta/Baker and Sofia Properties. The PIL Property is also 25 km northwest of Centerra Gold's past-producing Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

  • ATTY Property covers 3,875 ha of sub-alpine terrain in the southern Toodoggone region. Exploration on the ATTY Property is also full-funded for 2025 with the signing of an Earn-In-Agreement with Freeport-McMoRan in April 2025.The Toodoggone is a northwest-trending belt of Triassic to Jurassic arc terranes that hosts numerous significant porphyry Cu-Au ± Ag and associated epithermal Au-Ag deposits. The ATTY Property is in between and contiguous to Centerra Gold's Kemess Project and the joint-venture JOY Project held by Amarc Resources and Freeport-McMoRan. The ATTY Property KEM target has similarities to the Kemess North Trend, which hosts the Kemess Underground and Kemess East deposits.

  • Silver Hope Property covers 21,322 ha and surrounds the past-producing Equity Silver Mine in the prospective Skeena Arch region of central B.C. The Silver Hope contains the Main Trend which is a >2 km Cu-Ag-Au mineralized trend with mineralization starting at surface.  West of the Main Trend is the West Cu-Mo Porphyry which is also mineralized starting from surface. The Property hosts a network of forestry roads and trails and has all-year access from Houston, BC .

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
President, CEO & Director

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. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the JJB and SAY Properties. 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 successes, and continued availability of capital and financing and general economic, market or business conditions. 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.

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Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties

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Quetzal Copper

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