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New Listing: Forte Minerals Corp. (CSE:CUAU)

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Forte Minerals, a Canadian-based exploration company, is actively developing copper and gold projects in Peru. The company is focused on its initial drill exploration program on its 100% owned Pucarini Epithermal High Sulphidation Gold Project located in the Puno Region of Peru.

Additional Information:

Company: Forte Minerals Corp.
Website: http://www.ForteMinerals.com
Stock Symbol: CSE: CUAU
Date Published: Jan 25, 2022
Transcript: Available

Video Transcript:

I’m Merry Lou Proudfoot for Investmentpitch Media

Forte Minerals Corp. is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “CUAU”, following its IPO.

The company raised gross proceeds of $2,875,000 from the placement of 9,583,332 units, including an overallotment, priced at $0.30 per unit.

Each unit consisted of 1 share and 1 warrant, with the warrant exercisable at $0.50 for 36 months.

Haywood Securities acted as agent for the offering.

Forte Minerals, a Canadian-based exploration company, is actively developing copper and gold projects in Peru.

The company is focused on its initial drill exploration program on its 100% owned Pucarini Epithermal High Sulphidation Gold Project located in the Puno Region of Peru.

For purposes of its NI 43-101, the Pucarini Project is considered the company’s only material mineral property.

The Pucarini Property consists of a single 1,000-hectare claim with another 16,100-hectares of staked concessions.

The region is rich in epithermal gold occurrences with several operations and past producing mines nearby.

The Company conducted an exploration program on the Project in October and November of 2020 at a cost of approximately $250,000.

The exploration targets established by geological mapping, geochemical sampling, and geophysical surveys require drilling as the next step in testing for gold mineralization, for which the company has budgeted approximately $690,000.

The company also holds two other Porphyry Copper Projects that are in the drill permitting phases.

The Don Gregorio project is a 900-hectare copper-gold property under option from Candente Copper Corp.

The 100% owned Esperanza project, a 5,000-hectare porphyry copper-moly property, is located in the Paleocene Belt of Southern Peru.

The shares are trading at $0.30.

For more information, please visit the company’s website www.ForteMinerals.com, contact Patrick Elliott, President and CEO, at 778-403-5807 or by email at info@ForteMinerals.com.

I’m Merry Lou Proudfoot for Investmentpitch Media