Fidelity Minerals Corp. provided an update regarding development of its 100% owned Las Brujas Gold and Porphyritic Copper projects in northern Peru, including: receipt of further high-grade gold results from the Las Brujas Gold project, with adjacent channel samples returning encouraging grades in the order of +6g/t Au over a metre, all within the kilometer scale El Alambique prospect; and mobilization of reconnaissance work at the Porphyritic Copper project. Las Brujas Gold Project: The Company continues to make significant progress at the Las Brujas Gold project, where activities are focused on defining Yanacocha style gold prospects. To date 730 samples have been collected at the Las Brujas Gold project, with 645 samples having been collected since September. Most sample sites lie within the Las Brujas Gold 2 Concession. The sample types include 459 channel, 118 rock chip and 24 using a gasoline-powered auger to sample saprolite. A total of 44 field duplicate samples were also added for QAQC purposes. The samples were shipped to the SGS laboratories in Lima for major and trace elements determination (PRP93, FAA313 Au and ICP14B analytical methods). Results for all samples have now been received, including 136 samples displaying anomalous gold concentrations ranging from 0.1 to 6.14 g/t Au. The surface sampling has isolated a notable 50m by 100 m area comprising a tectonic breccia rock that is gold anomalous. One hundred and five channel samples (n=105) were collected within the anomalous area of which 24 samples are characterized by Au concentrations above 0.2 g/t Au. Notably a 5m true width channel sample (n=78) returned 2.8 g/t Au near the southern contact with a porphyritic andesite unit. The mineralization is also characterized by copper concentrations that vary from 19 to 411 ppm Cu. Silver, lead and zinc concentrations are negligible. Sulphur concentrations are mostly below the detection limit of 0.01% S whereas Iron concentrations vary from 2.5% Fe to above the 15% Fe detection limit. Arsenic concentrations reach up to 5,590 ppm within the Au-enriched samples whereas the antimony concentrations remain low with most results below 66 ppm. Porphyritic Copper Project: The Company mobilized its field geological team to commence a reconnaissance and preliminary sampling exercise at its 100% owned Porphyritic Copper project that comprises 4,000 Ha (expanded from 1,200 Ha in August, 2020), located in La Libertad, Northern Peru. The project hosts near surface manifestations of visible copper mineralization as well as small-scale historical artisanal workings developed for the purposes of producing small tonnages of gold bearing ore. A previous assessment of the "Upper" and "Lower" Zones has identified similarities in the type of mineralization hosted at the two zones that are situated approximately 4,000m apart. Both the zones of interest are in each case located immediately adjacent to a major regional (+60km) fault structure that is regionally associated with known copper projects. The mineralization is associated with variably altered monzodiorite(s) displaying copper sulphide (including bornite) and copper oxide mineralization.