Fidelity Minerals Announces Las Huaquillas Ground Access & Appointment of Contractor

Core Viewpoint - Fidelity Minerals Corp. has reached a significant milestone by executing a surface access and land use agreement for its Las Huaquillas gold-copper project in Peru, enabling the company to advance its exploration program [1][4]. Group 1: Agreement and Access Road - The agreement allows the company to construct an access road to facilitate safe access to the Los Socavones historical underground mine workings and planned exploration areas [2]. - An independent local contractor has been engaged to begin construction of the access road, with initial work including road clearing and grading, expected to be completed by the first week of April 2026 [3]. Group 2: Exploration and Development Plans - The company aims to confirm previous underground sampling results and prepare for drilling, with the goal of creating a new NI 43-101 compliant mineral resource estimate [4][5]. - Las Huaquillas presents copper exploration potential through two confirmed porphyry systems adjacent to the Los Socavones epithermal gold zone [7]. Group 3: Financial Commitments - As part of the agreement, the company has committed to several payments: USD $22,400 upon signing, USD $22,400 30 days after the agreement date, USD $44,800 one year after, and USD $895 per month for 36 months [6]. Group 4: Company Background - Fidelity Minerals Corp. is a TSX-V listed resource company focused on the Las Huaquillas project, with a management team experienced in developing brownfield sites into profitable mines [5][8].