- Forte Minerals Corp (OTCQB: FOMNF) plans to commence a 1,500-metre diamond drill program by late Q2 2025 at the Pucarini Gold Project.
- The project, located in Southern Peru, targets high-sulfidation epithermal gold deposits over a 1,000-hectare area.
- The company has terminated its option agreement with Alta Copper Corp for the Don Gregorio project due to community access issues.
Forte Minerals Corp (OTCQB: FOMNF) has announced its intention to launch a 1,500-metre diamond drill program at its fully-owned Pucarini Gold Project, located in the Southern Peru Miocene High-Sulfidation Epithermal Gold Belt. The program is expected to start at the end of Q2 2025, targeting five high-sulfidation epithermal gold deposits identified through extensive geological and geophysical assessments.
The Pucarini claim covers 1,000 hectares and includes multiple gold-bearing zones within a 3.6 x 1.8 km alteration area. The main target, which spans 1.2 km by 700 m, has shown anomalous gold values that align with geophysical anomalies. The project has secured necessary environmental permits and established strong community relationships, ensuring readiness for the drilling phase.
In a separate development, Forte Minerals Corp has ended its option agreement with Alta Copper Corp regarding the Don Gregorio Cu-Au Porphyry Project due to unresolved community access issues, which have hindered necessary environmental studies for permit acquisition. As a result, the option was terminated and the project was returned to Alta Copper Corp's Peruvian subsidiary, Cobriza Metals.
