Finlay Minerals samples 15.3% Copper and 532 g/t Silver on its 100% owned SAY Project
Finlay's High-Grade Surface Samples at SAY Project Spark Interest, But Drilling Needed to Confirm Scale
The news release dated January 26, 2026, reports assay results from the 2025 exploration program on the 100%-owned SAY Project in British Columbia. It highlights exceptionally high-grade copper and silver from selective rock (grab/float) samples, including 15.3% Cu with 532 g/t Ag and 9.37% Cu with 324 g/t Ag. The program identified new, large-scale targets (IFT and Ozzy) with multi-kilometer soil geochemical anomalies and expanded the mineralized footprint. The CEO stated results "exceeded our expectations" and announced that with $2.2 million in exploration funding for 2026, the company plans an expanded program including geophysical surveys and preparation for drilling.
The news is materially positive for this early-stage explorer. The reported grades are very high and successfully de-risk the property by confirming the presence of significant copper-silver mineralization at surface. The identification of large, coherent geochemical anomalies and new targets enhances the project's scale potential. For a company with a ~$19 million market cap, these results are meaningful and likely to generate investor interest. However, the impact is tempered by the early-stage nature of the work; the samples are selective and not representative of bulk tonnage, and the property requires drilling to test continuity and depth. The news aligns with and exceeds the company's previously stated goal of vectoring toward new targets, demonstrating successful execution of the 2025 program.
Finlay Minerals Ltd. is a Canadian junior exploration company focused on copper, gold, and silver in British Columbia. Its portfolio includes: - SAY Project (100% owned, 1.5% NSR): Early-stage copper-silver-gold project in the Bear Lake Corridor. The recent news highlights high-grade surface mineralization and large-scale targets. - PIL & ATTY Projects (Under Earn-In with Freeport-McMoRan): Flagship projects in the Toodoggone porphyry-epithermal district. Freeport can earn an 80% interest in each by funding $35M in exploration and making $4.1M in cash payments over six years. Finlay acts as operator. - Silver Hope Project (100% owned, 1.5% NSR): A large property surrounding the past-producing Equity Silver Mine in the Skeena Arch, containing copper-silver-gold and copper-molybdenum porphyry targets. - JJB Property (100% owned): A newly staked (2025) porphyry copper-gold property in the Bear Lake Corridor.