Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) announced the appointment of Mr. Craig Parry as Technical Advisor, a move that brings significant expertise to the company's Chilean copper portfolio. Parry, a mining executive and geologist with a history of major discoveries, currently serves as Lead Director of Skeena Resources, Executive Chairman and CEO of Vizsla Copper, Chairman of Vizsla Silver, and Advisor to Abitibi Metals. His career includes instrumental roles in discoveries such as Vizsla's Panuco-Copala silver veins, IsoEnergy's Hurricane deposit, and NexGen's Arrow deposit.
Parry's appointment comes as Fitzroy Minerals advances its Buen Retiro copper project near Copiapó, Chile, which he described as a potential major IOCG discovery. The company has outlined a fast-track route to non-operated copper production at Buen Retiro, aiming to generate cash flow for self-funded exploration. Additionally, the Caballos copper-molybdenum-gold-rhenium project, located in one of the world's most prolific porphyry belts in Valparaiso, Chile, has garnered Parry's support. He noted the significance of this target, having worked in the region for years, and sees potential for a major new copper discovery as drilling continues.
Merlin Marr-Johnson, CEO of Fitzroy Minerals, stated, "As the Buen Retiro and Caballos projects advance we will expand our skill-set and our team judiciously. In this vein, we are very pleased to welcome existing shareholder Craig Parry as Technical Advisor to the Company. Craig has a fantastic track-record of discovery, de-risking, and wealth-creation and his experience will help us deliver value to all stakeholders in the Fitzroy Minerals portfolio."
Parry, a graduate of The University of New South Wales with a Bachelor of Science (Applied Geology) with first class Honours and the University Medal, commented, "I'm thrilled to join Fitzroy Minerals as the company advances its Chilean copper projects. It is rare that a company has two projects with this much potential. I initially invested in Fitzroy because of the Buen Retiro copper project which I think could be a major IOCG discovery. I am also delighted that Fitzroy management has outlined a fast-track route to non-operated copper production at Buen Retiro, which could give the Company sufficient cash flow to self-fund exploration in future years. In addition, the discovery of copper-molybdenum-gold-rhenium mineralization at Caballos in one of the world's most prolific porphyry belts has further galvanised my support."
Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential in the Americas. Its property portfolio includes the Buen Retiro Copper Project, the Caballos Copper and Polimet Gold-Copper-Silver projects in Chile, the Taquetren Gold Project in Argentina, and the Cariboo Project in Canada. The company's shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF. For more information, visit the Company's website at www.fitzroyminerals.com.
This news release includes forward-looking information within the meaning of applicable Canadian securities laws, including statements about potential mineralization, future exploration plans, and timing of results. These statements involve risks and uncertainties, as detailed in the company's filings at www.sedarplus.ca.
