Forte Minerals Corp. · CSE:CUAU
Forte Minerals — Investor Presentation (October 2026)
31 slides from Forte Minerals's investor presentation, October 2026
Slide 1: Advancing Gold & Copper Exploration in Peru
ADVANCING GOLD & COPPER EXPLORATION IN PERU FALL 2026 Alto Ruri • Cerro Quillo • Esperanza CSE: CUAU | OTCQX: FOMNF | FSE: 2OA
Slide 2: Forward Looking Statements
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 the
Slide 3: Board of Directors
BOARD OF DIRECTORS President, CEO & Director Director Independent Director Independent Director & Chair Independent Director Patrick Elliott, MSc. MBA Richard Osmond, P.Geo Stephanie Ashton MA. Patrick Evans, B.A., B.Sc. Richard Leveille, MSc. MBA 20+ Years in Mining Industry 20+ Years in Mining Ind
Slide 4: Management and Advisors
MANAGEMENT President, CEO & Director Exploration Manager Peru Chief Financial Officer VP Corp Dev. & Corp Sec. Patrick Elliott, MSc. MBA Manuel Montoya, P.Geo Jasmine Lau Anna Dalaire 25+ Years in Mining Industry 40+ Years in Mining Industry 15+ Years in Accounting & 15+ Years Compliance & Finance M
Slide 5: Capital Structure
CAPITAL STRUCTURE As of October 21, 2026 - close at $1.36 SHAREHOLDER BREAKDOWN Issued & Outstanding 78,200,058 Warrants at $0.60 exp June 2027 3,212,550 Options 5,714,500 Broker Warrants 218,050 Fully Diluted 87,345,158 Market Capitalization $106.3M Cash Position CAD $14M Enterprise Value (EV): CAD
Slide 6: Value Creation & Efficiency: 15.3x Market Value
VALUE CREATION & EFFICIENCY As of October 21, 2026, in Canadian Dollars Total Capital Raised Cash in Teasury Financial Investment 15.3x $20.97M Since IPO in 2022 $14M $6.9M Market Value per $1 deployed Market Cap Cash in Teasury Enterprise Value Market Value per $1 deployed = $15.25 $106.3M $14M $92
Slide 7: Gold & Copper in Peru
GOLD & COPPER IN PERU 19,000 hectares across established Andean mineral belts. 100% controlled by Forte Gold leads the near-term exploration story. Supported by optionality in the copper-gold portfolio. Project Areas Metals Jurisdiction Peru ranks #3 in copper and #6 in gold GlobeTrotters contribute
Slide 8: Two Properties, One Strategic Position
TWO PROPERTIES ONE STRATEGIC POSITION N 4,700 ha, Gold + Gold-Copper-Molybdenum Pierina Mine (Produced: 8+ Moz Au) 15 km ALTO RURI Alto Ruri Epithermal gold Project and Cerro Quillo Huaraz City CERRO QUILLO Gold-copper-molybdenum porphyry 100% owned · Subject to a 1% NSR Looking WNW ~1 hour from Hua
Slide 9: 15 km from Barrick's Pierina Mine
15 KM FROM BARRICK’S PIERINA MINE Alto Ruri lies within the same regional Miocene gold belt 8+ View looking north-east Proximity provides important regional geological context, but does not imply the presence of mineralization or economic potential at Alto Ruri.
Slide 10: Alto Ruri
ALTO RURI The Lead Gold Opportunity 4,700 ha concession ALTO RURI HIGH SULPHIDATION GOLD 12 historical holes | 2,254.5 m drilled | Discovered by Buenaventura 1997 Historical drilling included: Hole 001-97 returned the best results 131 m @ 2.55 g/t Au from surface including 54 m @ 5.39 g/t Au* CERRO
Slide 11: Alteration Footprint
ALTERATION FOOTPRINT Proximity provides important regional geological context, but does not imply the presence of mineralization or economic potential at Alto Ruri. Pierina Mine vs Alto Ruri DDH-01 131m @ 2.55 g/t Au (incl. 98m @ 3.33 g/t Au) DDH-08 145.3m @ 0.44 g/t Au (incl. 28.14m @ 0.7 g/t Au an
Slide 12: Historical Drilling
HISTORICAL DRILLING Alto Ruri / historical hole 001-97 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
Slide 13: Alto Ruri Strip Logs
ALTO RURI DRILLHOLE: DDH-01 DRILLHOLE: DDH-08 Strip Logs 28.14 m @ 0.70 131 m @ 98 m @ 2.55 3.33 145.3 m @ 0.44 45.4 m @ 0.77 Note: 131 m interval of 2.55 g/t Au correlates with advanced argillic alteration along hole CSE: CUAU | OTCQX: FOMNF | FRANKFURT: 2OA
Slide 14: Drill Log and Plan View Targets
Drill Log and Plan View Targets Notes: 1.The source of the historical data is from a 2011 technical report prepared by Rio Marañon Minerals S.A.C. DDH-01 100-300m target 98 m @ 3.33 U D 131 m @ 2.55 001-97 300m target 003-Q 200m target Notes: 1.Rio Maranon Minerals S.A.C., in 2011, reanalyzed portio
Slide 15: The Path to the Next Program
THE PATH TO THE NEXT PROGRAM Alto Ruri | Reopening a historically drilled gold opportunity to modern exploration Historical Foundation Compelling historical drilling 12 holes totaling 2,254.5 m in 1997. Historical results provide the starting point for renewed exploration. What Access Enables Verify
Slide 16: Alto Ruri | Vuggy Silica
Alto Ruri | Vuggy Silica Hot, acidic fluids dissolved parts of the rock, leaving silica rich in small cavities called vugs. Vugs: cavities in the rock Alto Ruri drill core DDH-001 (main showing). CSE: CUAU | OTCQX: FOMNF | FSE: 2OA
Slide 17: Cerro Quillo Prospect
Cerro Quillo Prospect Local Geology and Au Geochemistry N 003-Q 200m @ 0.49 g/t Au Targets Cerro Quillo Exploration Target Drill target 1km Cerro Quillo Prospects CSE: CUAU | OTCQX: FOMNF | FSE: 2OA
Slide 18: Cerro Quillo 003-Q Striplog
Cerro Quillo 003-Q Au (g/t) Cu (ppm) Mo (ppm) Striplog Hole 003-Q Au (Gr/Tm) Cu (ppm) Mo (ppm)
Slide 19: Esperanza
Esperanza Porphyry Copper-Molybdenum3-Q 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
Slide 20: Esperanza and Pecoy Project
Pecoy Project Esperanza N 644Mt @ 0.33% Cu, 0.011% Mo, 0.05g/t Au, 1.2g/t Ag Pecoy Porphyry Corridor3-Q Arirahua Mine (Au) 3,696 ha Prominent crustal structural break that controls the Pecoy-Esperanza-Andaray Ocaña Project (Cu) Cu-Mo porphyry corridor Op en Esperanza system elevation is 700- 800 m h
Slide 21: Esperanza Cu-Mo Porphyry
Esperanza Cu-Mo Porphyry N e tlin Ou rty ope Pr 3.4km Arirahua Mine n (Au) pe O m Esperanza Project 7k Phyllic Alteration Out line 1km Cu (ppm) Rocks Pecoy Project > 2330 644Mt @ 0.33% Cu, 0.011% Mo, 0.05g/t 500 - 2330 200 - 500 Au, 1.2g/t Ag 100 - 200 < 100 Proximity to Pecoy provides important reg
Slide 22: Esperanza Porphyry Copper-Molybdenum
Esperanza Porphyry Copper-Molybdenum 4,000 ha property in the Paleocene magmatic arc. 100% Forte ownership. 1% NSR to GTR 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. Untest
Slide 23: Esperanza Cu-Mo Porphyry
Esperanza Cu-Mo Porphyry m Phyll 750 ic Outli Alteratio g NE) ne n ookin (L N Pr Stockwork with o Ou pert 1 Leached A-B-D veining tlin y Capping e 4 2 Leached 3 Capping Leached Capping CSE: CUAU | OTCQX: FOMNF | FSE: 2OA
Slide 24: Esperanza Geology and Cu Geochemistry
Esperanza Geology and Cu Geochemistry Phyll A’ ic Alt eratio Outlin n e B’ N Stockwork with Pr op ert 1 A-B-D veining yO utl ine 4 2 3 C’ C A m B 7 5 0 g NE) Cu (ppm) Loo kin Rocks ( > 2330 500 - 2330 200 - 500 100 - 200 CSE: CUAU | OTCQX: FOMNF | FSE: 2OA <100
Slide 25: Esperanza NW and Central Area
Esperanza NW and Central Area 2 1 N 1 2
Slide 26: Esperanza NW & Central Area: Alteration
3 4 Esperanza NW & Central Area: Alteration Leached, phyllic altered Qz- Diorite with dense D veining and occasional A veining, local hydrothermal breccias 3 4 N 3 4 EDM veining with chlorite after secondary biotite
Slide 27: Esperanza Chargeability & Cu Geochemistry
Esperanza Chargeability (-300m) & Cu Geochemistry Phyllic Alterat ion Out line A’ Low Chargeability be low the B’ Ignimbrites N C’ C A Cu (ppm) Rocks B > 2330 m 500 500 - 2330 200 - 500 100 - 200 < 100
Slide 28: Esperanza Resistivity & Cu Geochemistry
Esperanza Resistivity (-300m) & Cu Geochemistry NE) k i n g (Loo A’ Phyllic Alterat A ion Out line B’ Low Resistivity Related to a Porphyry Underneath the Ignim brites ? N C’ C A Cu (ppm) Rocks B > 2330 500 - 2330 200 - 500 00m 100 - 200 5 < 100
Slide 29: What Investors Should Watch for Next
WHAT INVESTORS SHOULD WATCH FOR NEXT Alto Ruri Cerro Quillo Esperanza Access arrangements. Historical data Refined hole design. review. Verification and drill plan. Execution readiness. Target prioritization. Program launch and Decision on a first drill results once approved. Decision on follow- pro
Slide 30: Investment Highlights
INVESTMENT HIGHLIGHTS Securing 1-Year Access Permit at Alto $106.3M market cap with a tight share Ruri to Unlock Project Value structure Exceptional historical drilling results at Supported by two dedicated, long-term Alto Ruri shareholders. Carefully curated selection of premium 215 years combined
Slide 31: Learn more at ForteMinerals.com
Learn more at ForteMinerals.com info@forteminerals.com | +1 (604) 983–8847 1005– 409 Granville Street, Vancouver, BC V6C 1T2 CSE: CUAU | OTCQX: FOMNF | FSE: 2OA
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