Mr. Robert Brown reports

FINLAY MINERALS OUTLINES NUMEROUS COPPER PORPHYRY TARGETS ON ITS PIL & ATTY PROPERTIES

Finlay Minerals Ltd. has identified multiple porphyry and porphyry-related epithermal target zones on its 100-per-cent-owned Pil and Atty properties in the heart of the prolific Toodoggone porphyry copper-gold and epithermal precious metals district of Northern British Columbia, Canada.

The Finlay team has been reviewing the geological data within the Pil and Atty properties, and the surrounding areas including the Aurora Au-Cu-Ag (gold-copper-silver) porphyry discovery on the Joy project joint venture between Amarc Resources Ltd. and Freeport-McMoRan Mineral Properties Canada Inc. The collar for drill hole JP24075 at the Aurora discovery is only 730 metres (m) south of the Pil property boundary, which included a 266 m interval of 1.24 grams per tonne Au, 0.31 per cent Cu and 3.42 g/t Ag from 34.0 m (see Amarc Resources news release dated Jan. 20, 2025, on Amarc's SEDAR+ profile). The Amarc-Freeport Joy project is bound at its northwest and southeast extents by Finlay's Pil and Atty properties.

The Pil and Atty properties are within a 70-kilometre (km) porphyry corridor stretching from Electrum Resource Corp.'s Thor-Marmot property at the southeast end, to Sun Summit's JD property at the northwest end.

This corridor is host to several Cu-Au plus/minus Mo (molybdenum) porphyry deposits and targets, with low and high sulphidation Au-Ag epithermal systems related to the porphyry centres. The Toodoggone porphyry corridor is bound by northwest-trending structures including the Saunders, Pillar and Black faults, which create east-west-trending extension zones where porphyry fluids and intrusional pulses can develop forming porphyry trends. The best east-west extension zone example in the Toodoggone is the Kemess North trend which hosts the Kemess Underground and Kemess East deposits on Centerra Gold Inc.'s Kemess property.

On the Pil property there are multiple porphyry and epithermal targets occurring along east-west trends:

1. The Pil South porphyry target is 3.5 kilometres east of the Aurora discovery with the Reef high-sulphidation target in between and TDG Gold Corp.'s Shasta epithermal Au-Ag deposit to the west.
   1. Drilling in 2024 at Pil South intersected significant Cu-Au porphyry mineralization including PilS-24-006 returning 0.10 per cent copper with 0.05 g/t gold, 7.1 g/t silver and 0.18 per cent zinc over 162.00 m from 749.00 m, in volcanic rocks peripheral to a potential mineralized intrusive porphyry system.
2. The Copper Ridge and Southwest Gossan porphyry targets, which line up with TDG Gold's Trident and Black Gossan targets.
3. The Gold, Central zone and WG gold targets.
4. The Atlas, Pillar East and Copper Cliff are within yet another east-west extension zone.
   1. On the Atty property, there are two further porphyry-epithermal targets occurring along the east-west trend:
5. The KEM porphyry target occurs on a similar east-west trend as the Kemess North trend and is within a similar geological package as Kemess East in addition to hosting a significant chargeability and resistivity anomaly not yet tested by drilling; the Attycelley epithermal target east of KEM is potentially the surface expression of a distal porphyry with a chargeability and resistivity anomaly just 300 metres to the northwest.
6. The Wrich porphyry target is connected to the SW Takla porphyry target and on trend with the Canyon, Twins and Mex porphyry targets on Amarc's Joy project.

Planning is under way for a significant 2025 exploration program on the Pil property. Ideally work will include an IP geophysical survey, geological mapping, SWIR sample collection and surface sample collection with the aim of delineating drill targets.

Details of the Pil property exploration targets can be found in the company's news release dated Nov. 12, 2024, entitled: "Finlay Minerals reports completion of 2024 field work on its Pil property by Cascadia Minerals" and in the Pil property section of the company website. Details of Cascadia Minerals Ltd. Two thousand twenty-four exploration work on the Pil can be found on Cascadia's SEDAR+ profile.

Qualified person

Wade Barnes, PGeo, and vice-president, exploration, for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

About Finlay Minerals Ltd.

Finlay is a TSX-V company focused on exploration for base and precious metal deposits with four properties in Northern British Columbia:

• The Atty property covers 4,498 hectares of subalpine terrain in the southern Toodoggone region. The Toodoggone is a northwest-trending belt of Triassic to Jurassic arc terranes that hosts numerous significant porphyry copper-gold plus or minus silver and associated epithermal Au-Ag deposits. The Atty property is in between and contiguous to Centerra Gold's Kemess property and the joint venture Joy property held by Amarc and Freeport-McMoRan. The Atty's KEM target has similarities to the Kemess North trend, which hosts the Kemess underground and Kemess East deposits.
• The Pil property, which covers 13,965 hectares in the heart of the Toodoggone region, has numerous porphyry Cu-Au plus or minus Ag targets and associated epithermal Au-Ag mineralization. The property is in year 3 of a five-year option to Cascadia Minerals Ltd., on completion of which Cascadia would acquire a 70-per-cent interest in the Pil. Following the exercise of the option, Cascadia and Finlay would hold interests in the property of 70 per cent and 30 per cent, respectively, and a joint venture would be formed.
• The Silver Hope property covers 21,690 hectares and surrounds the past-producing Equity silver mine in the prospective Skeena Arch region of central British Columbia. The Silver Hope contains the Main trend, which is a greater-than-two-kilometre Cu-Ag-Au mineralized trend with mineralization starting at surface. West of the Main trend is the West copper-molybdenum porphyry, which is also mineralized starting from surface. The property hosts a network of forestry roads and trails, and has all-year access from Houston, B.C.
• The Say property covers 15,252 hectares and is located 140 km north of Smithers, B.C. The Say property is within a 135 km long belt of relatively unexplored Stikine terrane from American Eagle Gold's NAK and Amarc Resources/Boliden Minerals Canada's Duke Cu-Mo-Ag-Au porphyry prospects in the south to the newly discovered porphyry prospect on Quartz Mountain's Jake property and the Red Spring sediment hosted Cu-Ag mineralized showing -- both to the north. The Spur and Shel zones are the most advanced targets on the property. The Spur is a high-grade Cu-Ag structural controlled vein and breccia target extending for 4.3 km with assays up to 15.8 per cent Cu and 993 g/t Ag. The Shel target area is a Cu-Mo porphyry identified by historic mapping and drilling.

Finlay trades under the symbol FYL on the TSX-V and under the symbol FYMNF on the OTCQB.

We seek Safe Harbor.