Fidelity Announces Sampling Results from QP's Site Visit at the Las Huaquillas Project, Northern Peru including 9.653 gt Au, 126 gt Ag and 1.08 % Pb From a Grab Sample

Vancouver - Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) ('Fidelity' or the 'Company') is pleased announce results from confirmatory sampling of nine (9) rock and outcrop exposures at the highly prospective Core Las Huaquillas precious and base metal property in northern Peru, and for which Fidelity holds a 44.5% interest and holds an option to acquire an additional 5.5%.

This work defined five (5) mineralised zones, consisting of four (4) mineralisation types including epithermal Au-Ag (Los Socavones), and porphyry Cu style mineralisation (Cementerio and San Antonio) at the Project. The confirmatory sampling was completed by the Author as part of a site visit required to support the writing of the new NI 43-101 technical report. This included limited verification of geologic mapping, alteration, and geochemical sampling completed by Sulliden in 1999. The Author collected a total of nine (9) grab samples: three (3) north of the San Antonio zone, four (4) along road cuts within the Los Socavones and SanAntonio zones, and two (2) from exposed veins at the entrance portal of two (2) underground workings within the Los Socavones zone. The Author had previously visited the Cementario zone in 2011 and verified the geology and alteration at that time for another issuer. The Author confirms the following: Significant alteration occurs within both the Cementerio and San Antonio zones.

Furthermore, the location of the diorite and alteration mapped by the Author concurs with the historical geological mapping.

About Fidelity Minerals Corp.

Fidelity Minerals Corp. has assembled a portfolio of high-quality mining assets in Peru and aims to delineate major deposits on these properties that could attract the interest of mid-tier and major mining companies. Fidelity has a portfolio of four key assets in Peru and is currently focused on progressing its two most advanced projects - Greater Las Huaquillas (GLH) and Las Brujas. Fidelity is also looking to opportunistically expand its project portfolio with accretive acquisitions.

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Dean Pekeski

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Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements are statements that relate to future events or future financial performance. In some cases, you can identify forward-looking statements by the use of terminology such as 'may', 'should', 'intend', 'expect', 'plan', 'anticipate', 'believe', 'estimate', 'project', 'predict', 'potential', or 'continue' or the negative of these terms or other comparable terminology. These statements speak only as of the date of this news release. This news release may also contain inferences to future oriented financial information ('FOFI') within the meaning of applicable securities laws. The information in this news release has been prepared by our management to provide a context to provide the reader with an outlook for our future activities and anticipated key milestones and may not be appropriate for other purposes. Forward looking statements in this announcement include, (but are not limited to) advancing certain key project activities that could represent important milestones which the Company expects may represent material valuation catalysts, such as the expectation that through the assembling of a portfolio of high-quality mining assets in Peru, the Company aims to delineate major deposits on these properties that could attract the interest of mid-tier and major mining companies. Further, forward-looking statements in this release include that Fidelity Minerals Corp. is also looking to opportunistically expand its project portfolio with accretive acquisitions. There has not been sufficient drilling and/or sufficient previous exploration at Las Huaquillas upon which to base a mineral resource or mineral reserve estimate compliant to the standards of National Instrument 43- 101. It should be noted that the historical resource related information outlined has been derived from: NI 43-101 Technical Report (the 'Technical Report') on the Las Huaquillas Au, Ag, Cu Property, Cajamarca, Peru (15 August 2011).The historical estimate is based upon Gariepy and Vachon (both registered in 1999) and the estimate was performed using the vertical longitudinal section method including seventeen mineralized intersections where a specific gravity of 2.8 g/cm3 and a cut-off grade of 1.0 g/t Au over a minimum width of 3 metres were applied. Gariepy & Vachon (1999) disclosed what they call a 'geological resource' which is not a category accepted by prevailing disclosure standards, and at best corresponds to an Inferred Resource in today's nomenclature. The work did not estimate the zinc, lead or copper contained within the Socavones zone.

No more recent estimates or data is available to the issuer; at a minimum, several holes would need to be twinned, and certain historical intercepts re-assayed, to verify the historical estimate as a current mineral resource.

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