Fitzroy Minerals Inc. has appointed Victor Flores as a Non-Executive Director, effective January 6, 2026. The appointment strengthens the company's governance as it advances mineral projects in Chile and across the Americas, signaling a strategic focus on leveraging both geological expertise and capital market experience for resource development.
Flores brings over three decades of sector-specific experience, having worked as a resources analyst, portfolio manager, and senior mining analyst at major financial institutions. His career includes serving as Managing Director and Senior Mining Analyst at HSBC for eleven years, followed by nine years as a portfolio manager for Paulson & Co. Since 2018, he has consulted for senior gold companies and investment advisors, including six years as Director of Strategic Projects for Orion Resource Partners.
His educational background includes a Bachelor's degree in Geological Sciences and a Master's degree in Energy and Mineral Resources from the University of Texas at Austin, complemented by his status as a CFA charter holder since 1992. This combination of technical geological training and financial certification provides a rare perspective that bridges operational and investment considerations in the mining sector.
Campbell Smyth, Chairman of Fitzroy Minerals, emphasized the value of Flores's comprehensive understanding. "Victor has a deep understanding of the sector that encompasses both the bottom-up impact of geology and asset-level results as well as the top-down impact of capital flows and economic cycles, and everything in-between," Smyth stated. This dual perspective is particularly relevant for Fitzroy Minerals as it develops projects requiring both technical excellence and capital market support.
The company's portfolio includes the Buen Retiro Copper Project near Copiapo, Chile, the Caballos Copper and Polimet Gold-Copper-Silver projects in Valparaiso, Chile, the Taquetren Gold Project in Rio Negro, Argentina, and the Cariboo Project in British Columbia, Canada. These projects represent significant exploration and development opportunities in regions with established mining industries.
For investors and industry observers, the appointment represents more than a routine board change. Flores's extensive network and analytical background could enhance Fitzroy Minerals' ability to navigate complex capital markets while making informed decisions about resource development. His experience with both institutional investors and mining companies positions him to help guide strategic decisions that balance technical potential with financial viability.
The mining sector faces increasing challenges related to capital allocation, environmental considerations, and geopolitical factors affecting resource development. Board members with Flores's background can help companies like Fitzroy Minerals address these challenges by applying both geological expertise and financial acumen to project evaluation and development strategies.
Fitzroy Minerals shares trade on the TSX Venture Exchange under symbol FTZ and on the OTCQB under symbol FTZFF. The appointment remains subject to acceptance by the TSX Venture Exchange. Additional information about the company is available through its corporate website at https://www.fitzroyminerals.com.
