Fidelity Minerals Secures Access for Gold-Copper Project in Peru
Vancouver, BC — February 19, 2026 — Leads & Copy — Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) has secured a surface access and land use agreement at its Las Huaquillas gold-copper project in northern Peru, paving the way for an expanded exploration program. The agreement, executed on February 4, 2026, grants the company the right to construct and utilize an access road across a local landowner’s property.
The access road is crucial for providing safe and efficient access to the Los Socavones historical underground mine workings, including Adits S1 and S2, and the Los Socavones high-grade gold zone. It will also facilitate access to planned exploration areas.
Construction of the access road is set to begin immediately, with an independent local contractor engaged to undertake the work. Initial tasks will include road clearing, grading, and improvements to enable vehicle access to the historic underground infrastructure. The company anticipates completion of the road by the first week of April 2026, contingent on weather and site conditions.
According to Ryan Batros, CEO of Fidelity, this agreement marks a critical milestone for launching the company’s confirmation and exploration program at Las Huaquillas. The company intends to confirm previous underground sampling results and prepare for drilling, ultimately aiming to produce a new NI 43-101 compliant mineral resource estimate.
The agreement stipulates that Fidelity Minerals Corp. will make the following payments:
* USD $22,400 upon signing the Agreement (already paid)
* USD $22,400 30 days after the Agreement date
* USD $44,800 one year after the Agreement date
* USD $895 per month for 36 months
Fidelity Minerals Corp. is a TSX-V listed resource company with a focus on the Las Huaquillas project in northern Peru, in which it holds a 44.5% ownership stake with the right to earn 50%. The company’s near-term objectives include confirming previous underground sampling results and preparing for drilling, with the goal of preparing a new NI 43-101 compliant mineral resource estimate. Las Huaquillas also presents copper upside potential through exploration of two confirmed porphyry systems near the Los Socavones epithermal gold zone.
The company is led by an experienced management team with expertise in technical, market, and commercial areas. John Byrne, Fidelity’s founder, brings over 50 years of experience in the minerals sector, with a track record of developing brownfield sites into profitable mines.
Dean Pekeski B.Sc., P.Geo., a Director of Fidelity and Qualified Person in the context of National Instrument 43-101, has reviewed and approved the technical content of this News Release.
Source: Fidelity Minerals Corp.
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