Peru Mining

[Lone Clone]

Fidelity's Implementation of Strategic Project Generator Model Accelerating with Acquisition of Two Significant Projects

https://www.thenewswire.com/archives/1k3wFROVm-fidelitys-implementation-of-strategic-project-generator-model-accelerating-with-acquisition-of-two-significant-projects.html

- The extent of major transactions at both the project & corporate level in the Andean mineral belt of Peru & Ecuador have markedly increased since early 20181.

- Fidelity Minerals is ideally positioned to transact via implementation of the Strategic Project Generator (SPG) business model.

- Two significant acquisitions in La Libertad district of Northern Peru include:

1) A 100% interest in a Porphyritic Copper Project with multiple high-quality targets with extensive copper anomalism (to >1% Cu).

2) Initial 25% interest in a project company which holds 6 concessions, one of which hosts a prospective Polymetallic Project (200 tonne bulk sample returned grades* of up to 14.5 oz/T Ag, 1.1g/T Au, 13.7% Zn and 10.4% Pb, in 2018).

* The grades outlined above have been derived from historical sampling and have not been verified by Fidelity Minerals

Vancouver, BC / TheNewswire / April 29, 2019