Mr. Robert Brown reports

FINLAY MINERALS STAKES THE JJB PROPERTY - WITHIN THE BEAR LAKE CORRIDOR OF BRITISH COLUMBIA

Finlay Minerals Ltd. has staked nine mineral claims covering 15,453 hectares (approximately 154 square kilometres) in the northern Bear Lake corridor of British Columbia. The JJB property is named in honour of Finlay's founder, John J. Barakso, who was an early advocate for the potential of the Bear Creek corridor.

JJB property

The JJB property is located within a highly prospective 135-kilometre-long belt in the Stikine terrane, which hosts several significant copper and silver showings and prospects. Noteworthy nearby projects include Zimtu Capital Corp.'s Copperline project and Doubleview Gold Corp.'s Red Spring project. Additionally, porphyry projects along the Bear Lake trend include Imperial Metals' copper-molybdenum Porphyry Bear Lake project, American Eagle Gold's copper-gold-molybdenum-plus-or-minus-silver Nak project, Amarc Resources Ltd.'s Duke project and HDI Quartz Mountain's copper porphyry Jake project.

The JJB area has geology similar to that of the deposits found in the Bear Lake corridor. Three main copper showings have been identified on the property: Squingula, Quin and Pat. The Squingula and Quin showings are located near an Eocene intrusion on the western side, characterized by a coincident magnetic high. This magnetic high is surrounded by a low that corresponds with an iron oxide anomaly, potentially indicative of a porphyry target. Both the intrusion and the magnetic and iron oxide signatures are associated with a multielement geochemical anomaly identified through limited sampling. Mineralization appears to be influenced by major northwest-trending structures and east-west cross-structures, with known mineralization occurring at the intersections of these structures.

In 2025, exploration work at the JJB will focus on expanding the geochemical anomalies within the gossanous magnetic low surrounding the magnetic high. Priority will be given to an airborne magnetic survey, along with prospecting and soil sampling.

Details on the JJB property can be found in the JJB property technical presentation and in the properties section of the company's website.

Say property

Lying four kilometres south of Finlay's new JJB property, work continues on the Say property, which has recently been expanded with additional staking to the north and south. The Say property now totals 26,202 hectares. The Say property was acquired in 2024, and an inaugural field program focused on chip sampling and mapping along the 4.3-kilometre-long Spur trend. This led to the discovery of the AG zone and confirmed the continuity of high-grade copper-silver mineralization in the East Breccia zone.

The Spur target area is a high-grade copper-silver structural vein and breccia target that extends for 4.3 kilometres along the north-northwest Tsaytut Spur ridge.

The Shel target area is a copper-molybdenum porphyry identified through historic mapping and drilling. Shel mineralization is reported to be associated with veining and breccias within quartz-feldspar porphyry dikes and lies on the western margin of an unexplored three-kilometre-by-two-kilometre magnetic high. Historical assays and airborne magnetic data indicate the potential for the expansion of known mineralization in these two target areas.

In 2025, exploration work at the Say property will aim to expand the mineralized footprint of the Spur and Shel targets through geological mapping, soil sampling and an airborne magnetic survey.

Details on the Say property can be found in the Say property technical presentation and in the properties section of the company's website.

Qualified person

Wade Barnes, PGeo, 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 Venture Exchange company focused on exploration for base and precious metal deposits with five 100-per-cent-owned-and-operated properties in Northern British Columbia. In addition to the JJB and Say properties, the company holds th following:

• The Pil property, which covers 13,374 hectares in the heart of the Toodoggone region, has numerous porphyry copper-gold-plus-or-minus-silver targets and associated epithermal gold-silver mineralization. Exploration on the Pil property is fully financed for 2025 with the signing of an earn-in-agreement with Freeport-McMoRan (refer to news release entitled "Finlay Minerals Enters into Earn-In Agreements with Freeport for its Pil and Atty Properties"). The Pil property is neighboured by Amarc Resources and Freeport-McMoRan's joint venture Joy project and TDG Gold Corp.'s Shasta/Baker and Sofia properties. The Pil property is also 25 kilometres northwest of Centerra Gold's past-producing Kemess South mine and 15 kilometres east of Thesis Gold's Lawyers project.
• The Atty property covers 3,875 hectares of subalpine terrain in the southern Toodoggone region. Exploration on the Atty property is also fully financed for 2025 with the signing of an earn-in-agreement with Freeport-McMoRan in April, 2025. The Toodoggone region 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 gold-silver deposits. The Atty property is in between and contiguous to Centerra Gold's Kemess project and the joint venture Joy project held by Amarc Resources and Freeport-McMoRan. The Kem target on the Atty property has similarities to the Kemess North trend, which hosts the Kemess Underground and Kemess East deposits.
• The Silver Hope property covers 21,322 hectares and surrounds the past-producing Equity silver mine in the prospective Skeena Arch region of central British Columbia. The Silver Hope property contains the Main trend, which is a greater-than-two-kilometre copper-silver-gold-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.

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

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