Announcement • Mar 28
Forte Minerals Corp Provides Updates on Alto Ruri and Pucarini Projects Forte Minerals Corp. announced that it is advancing community engagement and permitting at the Alto Ruri Project located approximately 15 kilometers from Barrick’s past producing Pierina Gold Mine. The Company’s focus is to secure a long-term community agreement to systematically explore the high-sulphidation epithermal gold system at Alto Ruri. This district-scale system includes a 2 km by 1.5 km advanced argillic alteration zone that has never been systematically tested with modern geophysics and drilling. Historical drilling at Alto Ruri by Compañía de Minas Buenaventura in 1997 (12-hole 2,254.5m), as reported in the Company’s news release from March 4, 2024, confirmed high-grade gold potential, including: Hole 001-97 which returned 131 metres of 2.55 g/t Au, including 54 metres of 5.39 g/t Au. Several high-resistivity CSAMT geophysical anomalies from historical geophysical data are also interpreted as potential untested gold-bearing vuggy silica alteration targets at depth. Forte also announces the completion of a five-hole, 1,530-metre exploration drill program at its 100%-owned Pucarini High-Sulfidation Gold Project in southern Peru. Drilling confirmed the presence of the targeted hydrothermal system. Assay results returned anomalous gold, copper, and molybdenum values in one drill hole, with no significant mineralization intersected in the remaining four holes. Equipment has been demobilized, and environmental remediation will be completed. Announcement • Nov 27
Forte Minerals Corp Commences First-Ever Drilling At Pucarini High-Sulfidation Gold Project In Peru Forte Minerals Corp. announced that diamond drilling has commenced at its 100%-owned Pucarini High-Sulfidation Gold Project in southern Peru. This marks the first-ever drill program on the Project and represents a significant milestone following several years of geological work, community engagement, and environmental permitting. Pucarini is located within the Southern Peru Miocene Mineral Belt, which hosts numerous epithermal gold and porphyry copper - molybdenum deposits. The Project exhibits a large-scale hydrothermal alteration footprint with high-sulphidation epithermal gold type mineralization, similar to those of neighbouring and regional deposits in the Puno region of Southern Peru. Over the past several years, Forte has carried out detailed mapping, geochemistry, multispectral mineralogical analysis, and ground geophysics, while also building strong, long-term relationships with local communities. The Company secured its DIA drilling permit in August 2023 and entered into a renewed one-year Community Agreement on March 1, 2025, ensuring local support for the 2025–2026 exploration drilling program. The Phase I program consists of 5 diamond drill holes, 1,750 metres total (approximately 350 metres per hole), testing a potential large-scale high-sulfidation epithermal gold system. The drill targets were prioritized based on coincident gold geochemistry, high-sulfidation alteration zones, and high resistivity geophysical anomalies, creating a potential cohesive exploration model. The 1,000-hectare 100% owned Pucarini Project contains multiple advanced argillic alteration zones within a 3.6 km by 1.8 km hydrothermal alteration footprint. These zones are characterized by massive and granular silica ledges, vuggy silica, and high-sulfidation alteration textures, all consistent with high-sulfidation epithermal gold alteration and mineralization on surface. Forte has identified a cohesive gold geochemical anomaly in rocks and soils that spans 1,200 metres by 600 metres, supported by a large 1,500 metre by 600 metre high chargeability anomaly. This is also coincident with a deep-rooted high magnetic susceptibility anomaly that potentially outlines a gold-copper-molybdenum porphyry system at depth. Lower levels of anomalous copper and molybdenum geochemistry in rocks and soils dominate the main target zone lending more conviction to a potential deeper porphyry target. Together, these datasets outline a robust, untested high-sulphidation epithermal gold target overprinting a potential porphyry gold-copper-molybdenum target at greater depth. With drilling now underway, the Company is positioned to unlock the first subsurface information ever collected from this extensive system. Core processing and sampling from the first drill hole is now underway, and the Company anticipates delivering first assay results to the market in early First Quarter 2026.