Fidelity Minerals

This week’s Canadian mining recap tracks Barrick backing a Golden Triangle junior with a $20.9 million stake, a Sprott-backed three-way silver merger, a completed cross-border gold producer merger, and a ~$44 million financing package for a New Brunswick copper-zinc complex, all unfolding against a choppy, “Fear”-dominated precious-metals tape. Add a bonanza-grade silver discovery in Ontario and a standout copper-gold porphyry hit in British Columbia, and it’s clear junior-level consolidation and capital formation are proceeding on their own momentum. Read the full weekly recap for the details. [more]

Fidelity Minerals is a junior exploration company engaged in the acquisition, exploration, and development of resource properties with a focus on Peru. The 3 main, short-term, corporate goals include: (1) develop existing gold & copper projects; (2) expand project portfolio with accretive acquisitions; and, (3) define at least 1 million-ounce gold resource within 3 years. [more]