Forte Minerals Corp. · CSE:CUAU
Forte Minerals — Investor Presentation (June 2024)
38 slides from Forte Minerals's investor presentation, Jun 1, 2024
Slide 1: Exploring High-Quality Copper & Gold Assets in Peru
CSE: CUAU | OTCQB: FOMNF | Frankfurt: 2OA Exploring High-Quality Copper & Gold Assets in Peru
Slide 2: Forward-looking statements
This presentation contains "forward-looking statements" within the meaning of applicable securities legislation. These forward-looking statements are made as of the date of this presentation and the Company does not intend, and does not assume any obligation, to update these forward-looking statemen
Slide 3: Positioned for Growth in Peru's Rich Mineral Terrain
Portfolio Development: Our portfolio is a testament to our Positioned for Growth in Peru’s Strategic Partnership: strategic foresight, featuring a selection Rich Mineral Terrain Forte Minerals Corp. is a forward- of high-grade Cu and Au properties. It is looking junior exploration company that the p
Slide 4: Unearthing Golden & Copper Riches
Unearthing Golden & Copper Riches As the world's second-largest copper producer, Peru extracted 2.2 million metric tons of copper in 2022, showcasing its role in the global metals market. Its also the ninth-largest gold producer worldwide, with 3.22 million ounces of gold mined in the last year. Per
Slide 5: Fusing industry knowledge with community and environmental integrity
Fusing profound industry knowledge with community and environmental integrity to advance Peru's mining potential. Premier Locations & Proximity: Situated in mineral-rich regions with ready access to infrastructure. Regulatory Savvy & Rich Data: Expert navigation of Peru's mining policies, enhanced b
Slide 6: Upcoming Shortage
Upcoming Shortage Current copper mines are seeing a drop in output and poorer ore quality, sharpening the imbalance between supply and demand. There's a pressing need for new mining projects, yet there's a noticeable lack in the pipeline. Identifying and developing these scarce new sites is fraught
Slide 7: Declining discovery of Cu & Au
Declining discovery of both Cu & Au because: Permitting load Exploration must look deeper Attention on brownfields. An easy, quick but finite solution to reserve replacement Result is increased worldwide demand for copper Source: plumbernw.com/coppertubing and gold. Large mineral systems that are ac
Slide 8: Board of Directors
Board of Directors Patrick Elliott, MSc. MBA Richard Osmond, P.Geo Stephanie Ashton MA. President, CEO & Director Director Independent Director The team is composed of dedicated and qualified 20+ Years in Mining Industry 30+ Years in Mining Industry 25+ Years in Mining Industry professionals who hav
Slide 9: Management and Advisors
Management Patrick Elliott, MSc. MBA Manuel Montoya, P.Geo Jasmine Lau Anna Dalaire President, CEO & Director General Manager Peru Chief Financial Officer VP Corp Dev. & Corp Sec. 20+ Years in Mining Industry 36+ Years in Mining Industry 15+ Years in Accounting & 15+ Years Compliance & Finance Marke
Slide 10: Capital structure as of April 4, 2024
As of April 4, 2024 at $0.25 Issued & Outstanding 36,774,419 IPO Warrants at $0.50 9,633,332 Expire Jan 2025 Warrants at $0.20 5,001,093 Expire July 2024 Options 3,675,000 Fully Diluted 55,083,844 Market Capitalization $9.1M Total warrants 14,634,425 09
Slide 11: Shareholder breakdown
Fidelity Canaccord 8.3% 2.8% Mgt & Insider 13.8% Haywood 44.9% Globetrotters 13.8% Public Float 16.5% 10
Slide 12: Projects Tenure
Projects Tenure Pucarini Miocene high sulfidation epithermal Au target. 1,000 ha Sept 2023 - DIA approval. Pucarini Regional Identified 3 new discoveries of epithermal mineralization in Miocene 6,100 ha Arc similar to Pucarini. Alto Ruri - Cerro Quillo Don Gregorio Cu-Au Porphyry Project. 900 ha Esp
Slide 13: Alto Ruri: High Sulphidation Gold
Alto Ruri High Suphidation Gold 12 wi
Slide 14: Alto Ruri project overview and historical drilling
4700 ha - 15 km south of Barrick’s Pierina Gold Mine. 100% ownership subject to a 1% NSR Royalty. Comprised of 2 prospects: Alto Ruri –High Sulphidation Epithermal Au Cerro Quillo – Porphyry Au-Cu-M Alto Ruri – Drilled by Buenaventura 1997 12 shallow holes for a total of 2254.5 m. 001-97 returned be
Slide 15: Alto Ruri targets
100-300m target U D al 300m target 200m target Notes: 1.The source of the historical data is from a 2011 technical report prepared by Rio Marañon Minerals S.A.C.
Slide 16: 131m – 2.55g/t Au
131m – 2.55g/t Au Notes: 1.Rio Maranon Minerals S.A.C., in 2011, reanalyzed portions of the drill core from the eight (8) diamond drill holes completed by Compañía de Minas Buenaventura (“Buenaventura”) at Alto Ruri in 1997. These gold assay results, and drill logs were used to calculate gold assay
Slide 17: 131m – 2.55g/t Au
131m – 2.55g/t Au Notes: 1.Rio Maranon Minerals S.A.C., in 2011, reanalyzed portions of the drill core from the eight (8) diamond drill holes completed by Compañía de Minas Buenaventura (“Buenaventura”) at Alto Ruri in 1997. These gold assay results, and drill logs were used to calculate gold assay
Slide 18: Alto Ruri panoramic view
Barrick Gold’s Cerro Quillo Porphyry Pierina Mine Huaraz Alto Ruri Panoramic view of the Alto Ruri Project looking North 17
Slide 19: Cerro Quillo Project: Porphyry Au-Cu-Mo
Cerro Quillo Project Porphyry Au-Cu-Mo
Slide 20: RCH 003-Q
Drilled by Anglo American 2004 Quillo NW 9 holes for a total of 2684.9 m. 003-Q returned best results of 200 m of 0.49 g/t Au, 0.09% Cu, 0.007% Mo. Quillo Principal Quillo SW RCH 003-Q Notes: 1.The original source of the historical assay results in RC drill hole 003-Q is from a 2011 technical report
Slide 21: Notes on historical assay results
Notes: 1.The original source of the historical assay results in RC drill hole 003-Q is from a 2011 technical report prepared by Rio Marañon Minerals S.A.C. The information suggests that porphyry Au-Cu-Mo mineralization may be present in this area. The rock chip and geochemical sample reject material
Slide 22: Don Gregorio: Porphyry Cu-Au
Don Gregorio Porphyry Cu-Au
Slide 23: Don Gregorio option terms
900 ha property under option by Forte Copper from Candente Copper Corp (now Alta Copper Corp). Forte Copper can acquire a 60% interest in Don Gregorio by: Cash payments of US$500,000 over 3 years. Total of 10,000 m diamond drilling over 3 years upon receipt of drill permits. 22
Slide 24: 2.6 x 1.7 km porphyry Cu-Au exploration target
2.6 x 1.7 km porphyry Cu-Au exploration target outlined from geochemistry, geophysics, and drilling. Hole S9 (eastern-most drill hole): 45m of 0.56%Cu (Secondary) 55m of 0.39%Cu (Primary) EOH 100m - Open to the east and depth. Historical drilling focused on one section corridor. Limit of phyllic alt
Slide 25: Historic Drilling Highlights
Historic Drilling Highlights Porphyry Cu-Au Exploration potential remains open at depth and in all directions. All holes encountered Copper and Gold mineralization (when analysed). S8 & S9 encountered significantly high grades of secondary and primary copper mineralization. The region to the east an
Slide 26: Drilling focused on one section corridor
Drilling was focused on one section corridor. Exploration potential is open to the north and south on the section. Hole From To Cu % Au g/t Zone LH-01 0 14 Leached Portions of the leached and enrichment profile removed by erosion. 14 54 0.564 0.211 Secondary 54 300.2 0.142 0.145 Primary LH-02 0 44 0
Slide 27: Don Gregorio Porphyry Cu-Au
Don Gregorio Porphyry Cu-Au Future drilling needs to be upslope and above the blanket in order to determine the full thickness and size of the blanket, which currently grades 0.4-0.6% Copper and 0.15g/t Gold; Primary copper grades are in the 0.3-0.35%+ Cu. The better grade, potassically altered rock
Slide 28: Esperanza: Porphyry Cu-Mo
Esperanza Porphyry Cu-Mo ar
Slide 29: Paleocene Belt of Southern Peru
Paleocene Belt of Southern Peru Esperanza is located in the Paleocene belt of southern Peru. Existing porphyry copper mines coupled with recent discoveries from exploration make this an optimal region for copper exploration, discovery, resource development and permitting. 28
Slide 30: Esperanza property overview
4,000 ha property in the Paleocene magmatic arc. 100% Forte Copper. 2.8 x 1.7 km potassic zone is inferred from geological, geochemical, and geophysical patterns. Prospective for supergene-enriched and hypogene (sulfide) Cu mineralization. Untested by drilling. Porphyry footprint measuring 4.2 x 3.1
Slide 31: Geophysical Section
Geophysical Section Geophysical response aids interpretation of under- cover target resistive veneer maps Huaylillas colluvium. Low resistivity represents deep weathering promoted by phyllic alteration. body with low magnetic susceptibility maps porphyry complex. Geological patterns (alteration, vei
Slide 32: Esperanza Porphyry Cu-Mo
Esperanza Porphyry Cu-Mo Exposure of debris from an eroded sericite-pyrite alteration zone indicates a porphyry centre buried beneath post-mineral volcanic cover. Pre-depositional weathering of debris fragments indicates potential for supergene enrichment of the buried porphyry centre. 31
Slide 33: High Sulfidation Epithermal Au
High Sulfidation Epithermal Au 32
Slide 34: Pucarini High Sulfidation Epithermal Au
Pucarini High Sulfidation Epithermal Au 1,000 ha Pucarini claim and 6,100 ha regional concessions 100% Forte Copper. Multiple, gold-bearing advanced argillic alteration zones within a 3.6 x 1.8 km argillic alteration footprint. Anomalous Au geochemistry coincides with resistivity and chargeability a
Slide 35: Pucarini High Sulfidation Epithermal Au
Pucarini High Sul fidation Epithermal Au A Exploration targets identified based on integration of rock and soil geochemistry, A chargeability, resistivity, and geology. Outcrop sampling demonstrates advanced argillic-altered structures are gold-bearing. B Resistivity anomaly suggests more intense an
Slide 36: Pucarini IP, Geochemistry and Drill Targeting
Pucarini IP, Geochemistry and Drill Targeting A compilation of key high sulphidation epithermal Au targets and proposed diamond drill locations. 2024 Initial Phase 1 Proposed Drill Program of 4 holes (1200m) 35
Slide 37: Contact details
1005-409 West Granville St. CSE: CUAU | OTCQB: FOMNF | Frankfurt: 2OA Vancouver BC V6C 1T2 T: (604) 983-8847 E: info@forteminerals.com W: forteminerals.com Legal Counsel Armstrong Simpson Auditors Smythe LLP Transfer Agent Odyssey Trust Co.
Slide 38: www.forteminerals.com
www.forteminerals.com