Finlay Minerals samples 15.3% Cu, 532 g/t Ag at SAY

Executive Summary

• Finlay Minerals Ltd. reported significant high-grade copper and silver results from its 2025 exploration program on its 100% owned SAY Project in British Columbia.
• Key discoveries include a large-scale geochemical anomaly at the IFT target and the identification of a new zone, "Ozzy," with high-grade rock samples.
• The company has secured $2.2 million in funding for an expanded 2026 exploration program, which will include induced polarization (IP) geophysical surveys and preparation for drilling.

Key Details

• IFT Target Highlights:
  • Identified a 1,700-metre-by-2,600-metre multielement soil geochemical anomaly (Cu, Ag, As, Bi, Mo, Te) consistent with porphyry deposit environments.
  • Defined a 1,700 m by 1,000 m high-grade copper and silver mineralized footprint.
  • Highest rock sample result: 15.3% Cu and 532 g/t Ag.
  • Mineralization occurs as massive sulphides, disseminated lenses, fracture-fill, and veins, with chalcopyrite and bornite as dominant copper-bearing sulphides.
• Ozzy Target Highlights:
  • New zone identified at the intersection of northeast-trending and northwest-trending magnetic anomalies.
  • Biogeochemical sampling identified multielement anomalies (Ag, As, Co, Cu, Hg, Mo, Se, Zn) beneath till cover.
  • Highest rock sample result: 2.04% Cu and 229 g/t Ag (sample J606727, andesite float with calcite-bornite-malachite veining).
  • Alteration includes chlorite, silica, sericite, and strong manganese alteration; mineralization dominated by pyrite with carbonate and quartz veining.
• 2025 Program Scope:
  • Collection of 80 rock samples, 292 soil samples, and 273 tree bark samples.
  • Geological mapping and follow-up on targets generated by an airborne magnetic survey conducted in June.
  • IFT target is located 4.5 km west of the AG and East Breccia zones delineated in 2024 (which assayed 1.17% Cu and 103.5 g/t Ag across 21.7 m).
• 2026 Plans:
  • $2.2 million of exploration funding secured.
  • Planned activities include a minimum of 25 line kilometres of induced polarization (IP) geophysical surveys over IFT and Ozzy targets.
  • Additional mapping, soil sampling, and biogeochemical programs over IFT, Ozzy, and Shel targets to prepare for drilling.
  • Regional work over potential new targets.
• Technical and QA/QC:
  • Samples analyzed by ALS Canada Ltd. (ISO/IEC 17025 accredited).
  • Soil and rock samples analyzed for 48 elements using four-acid super trace analysis (ME-MS61) and Au by fire assay fusion.
  • Biogeochemical samples analyzed using ME-VEG41 protocol and aqua regia digestion for 53 elements.
  • Qualified Person: Wade Barnes, PGeo, Vice-President, Exploration.

Notable Quotes

• "The 2025 exploration results on our SAY property exceeded our expectations. Our 2025 work vectored to and identified new, large kilometre-sized anomalies with continued high-grade copper and silver values. While the SAY is an early stage property of Finlay's, it is exhibiting some of the characteristics that one finds with significant discoveries. With $2.2-million of exploration funding in place for 2026, Finlay will advance the SAY with a considerably expanded exploration program." — Ilona B. Lindsay, President and CEO