RE:Fidelity Minerals Provides Key Project & Corporate Update
love this part New Advanced Stage Polymetallic Project The Company has entered into agreements to acquire a potential minority interest in a polymetallic resource project located in Peru. The transaction remains subject to certain due diligence items and to ongoing discussions with the various project vendors in relation to the ultimate project ownership and future plans. The Company considers this undisclosed project to represent an exciting opportunity as the project is already permitted and has the potential capacity to commence small-scale mining operations almost immediately. Notwithstanding the best efforts of the Company, including payment of an initial consideration, the Company cautions that at this preliminary stage the Company cannot be certain that the envisaged transaction will be completed. The Company will provide further updates as and when material new information becomes available.