Forte Minerals Acquires the Alto Ruri Epithermal Gold Prospect Near Barrick’s Pierina Mine in Central Perú

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[{"type":"text","content":"Forte Minerals Acquires the Alto Ruri Epithermal Gold Prospect Near Barrick’s Pierina Mine in Central Perú\n \n \n (NewsDirect)\n \n \n \n Forte Minerals\nCorp\n \n .\n \n (\n \n “\n \n Forte\n \n ”\n \n \n or the\n \n \n “\n \n Company\n \n ”\n \n ) (\n \n \n \n CSE:\nCUAU\n \n \n \n ) (\n \n \n \n OTQB:\nFOMNF\n \n \n \n ) (\n \n \n \n Frankfurt:\n2OA\n \n \n \n ),\n \n has finalized the acquisition of the Alto Ruri\nhigh sulphidation epithermal gold (“\n \n Au\n \n ”) prospect and the\nCerro Quillo porphyry Au-copper (“\n \n Cu\n \n ”)-molybdenum\n(“\n \n Mo\n \n ”) prospect from its strategic partner Globetrotters\nResource Group Inc. (“\n \n GlobeTrotters\n \n ”). Both are situated on\na contiguous 4700 ha block of concessions that were initially acquired\nby Globetrotters from Compañía Minera Ares S.A.C.\n(“\n \n Ares\n \n ”) in exchange for a 1.0% NSR royalty interest. These\nconcessions were transferred to Forte’s Peruvian subsidiary,\nCordillera Resources Perú S.A.C., in exchange for a one-time cash\npayment of US$25,000.\n \n \n The Alto Ruri prospect was drill tested by Compañía de Minas\nBuenaventura (“\n \n Buenaventura\n \n ”) in 1997 who completed a\ntwo-stage, 12-hole drill program that included eight (8) NQ core and a\nfour (4) reverse circulation (“\n \n RC\n \n ”) drill holes totalling\n2254.5 m. GlobeTrotters’ then subsidiary Rio Marañon Minerals\nS.A.C. (“\n \n Rio Marañon\n \n ”) re-analysed portions of the core\nfrom the eight (8) diamond drill holes in 2011 with hole 001-97\nreturning significant Au values averaging 2.55 g/t Au over 131 m\nstarting from surface, including 54 m of 5.39 g/t Au\n \n 1\n \n (Tables 1 and 2). The Au mineralization is associated with the vuggy\nsilica replacement of quartz-clay altered volcanoclastic rocks typical\nof high sulphidation epithermal Au alteration (Figure 2) but true\nwidths are unknown.\n \n \n \n \n \n Table 1: Assay results\nfrom diamond drill hole 001-97 at Alto Ruri.\n \n \n \n \n \n \n \n \n \n \n \n \n \n Hole ID\n \n \n \n \n Interval\n(m)\n \n \n \n \n From\n(m)\n \n \n \n \n To (m)\n \n \n \n \n Au\n(g/t)\n \n \n \n \n \n \n 001-97\n \n \n \n...

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