Mr. Robert Brown reports

FINLAY DRILL HOLE ENDS IN HIGHER GRADE GOLD AND COPPER MINERALIZATION ON THE PIL PROPERTY

Finlay Minerals Ltd.'s PIL26-002 intersected 13.3 grams per tonne gold and 0.33 per cent copper over 2.0 metres from 804.0 metres within a larger interval of 7.25 m assaying 4.37 g/t Au and 0.35 per cent Cu from 802.75 m. PIL26-002 was Finlay's first drill hole at the Reef target testing north of Aurora Minerals Ltd.'s Aurora high-grade gold-copper porphyry discovery and ended in mineralization at a depth of 810.0 m. The drill hole was terminated due to drill rig constraints.

Finlay's president and chief executive officer, Ilona Lindsay, stated: "Finlay's first drill hole in the Reef target, 300 metres north of the Aurora gold-copper porphyry, demonstrated the continuation of higher-grade mineralization on to the Pil property. I look forward to our team getting back in there in 2027 to expand our knowledge of this new extension as we continue to advance the Pil property's potential."

PIL26-002 successfully established that higher-grade gold and copper porphyry mineralization exists at Reef, with more drilling required to test the continuity and scale of this system. Drill hole PIL26-002 was collared 300 m north of Aurora drill hole JP25120, which intersected 33.0 m assaying 0.58 g/t Au and 0.22 per cent Cu from 564.0 m and 35.9 m assaying 0.29 g/t Au and 0.28 per cent Cu from 639.5 m and was terminated prematurely in mineralization. Mineralization was intersected slightly deeper than expected due to an east-trending fault shifting the northern-side fault block down. Due to drill limitations, PIL26-002, while ending in significant mineralization, could not be extended beyond the 810-metre hole depth.

The mineralized interval is hosted within intense epidote-quartz-magnetite-biotite altered Toodoggone volcanic rocks. Chalcopyrite mineralization is present within quartz veins as fracture fill and interstitial between quartz and epidote grains. The alteration and mineralization are consistent with porphyry copper-gold deposits within the Toodoggone district.

In total, five drill holes were completed between the Reef and Pil South targets to test for copper and gold porphyry mineralization. Refer to Table 3 reporting the individual sample assays for PIL26-002 from 768.0 to 810.0 m -- demonstrating increasing grades and continuity through this mineralized interval. Assay results from the remaining Reef drill holes will be released when assays have been received, passed Finlay's quality assurance/quality control procedures and been compiled.

The Pil and Atty properties are located in the heart of British Columbia's prolific Toodoggone district in north-central British Columbia and flank Aurora Minerals' Joy project, a 60-per-cent/40-per-cent joint venture between Freeport-McMoRan Mineral Properties Canada Inc. and Amarc Resources Ltd., respectively. Both the Pil and Atty properties are under six-year earn-in agreements with Freeport, wherein Freeport may earn an 80-per-cent interest in the properties by paying $4.1-million cash and financing $35-million of exploration work.

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.

Quality assurance/quality control program

Drill core samples were logged, photographed and cut in half with a diamond core saw at site. Half of the core samples were sent to the ALS Canada Ltd. North Vancouver, Canada, facility for preparation and analysis. The drill core and rock samples were crushed to 70 per cent passing less-than-two-millimetre size, mechanically split (riffle split) with a representative sample being pulverized to 85 per cent passing less than 75 micrometres. Samples were then analyzed for Au at ALS by fire assay fusion of a 30-gram subsample with an ICP-AES finish. Samples were further analyzed for 48 elements using four-acid supertrace analysis (ME-MS61). Gold assays greater than 10 g/t were then analyzed by fire assay with a gravimetric finish. ALS is ISO/IEC 17025 accredited.

As part of a comprehensive QA/QC program, Finlay control samples were inserted in each drill core sample analytical batch at the rate of one standard, one blank and one pulp duplicated in 25 regular samples. The control sample results were then checked to ensure proper QA/QC.

About Finlay Minerals Ltd.

Finlay is a TSX Venture Exchange-listed mineral exploration company advancing a portfolio of copper-gold porphyry and gold-silver epithermal projects in northern and central British Columbia, including Atty, Pil, JJB, Say and Silver Hope. The company's properties are located in highly prospective mineral districts marked by recent exploration success, infrastructure development and strong potential for discoveries.

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

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