Pucarini Regional Follow-up Program Yields

Pucarini Regional Follow-up Program Yields

 
 

  Three New Low to High Sulphidation Projects  

 

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) ( Frankfurt : 2OA) has added three new exploration projects to its portfolio of gold prospects in Peru following a 4 month regional geological reconnaissance program to follow-up on recently awarded concessions that were staked through a remote sensing targeting program.

 

  Highlights  

 
  • Three new properties with large alteration signatures and coincident gold anomalies have been added to the Company's portfolio of exploration prospects.
  •  
  • The NWC property (2,500 hectares) contains a 7 x 1 kilometre alteration anomaly with signatures consistent with an intermediate to high sulphidation hydrothermal system. Argillic, granular silica, silica-clay and alunite, silicification, hydrothermal breccia, chalcedonic silica and propylitic alteration are recognised from recent field work and are accompanied by anomalous silver, zinc, copper, bismuth and manganese encountered in rock samples collected along NW and NE trending structures which align with Arasi gold mine (11km to the south).
  •  
  • The Pucarini North property contains a 1.4 x 1 kilometre alteration anomaly exhibiting characteristic of a high sulphidation hydrothermal system, including argillic, advanced argillic, granular and vuggy silica and propylitic alteration. Anomalous gold was encountered in 14 of 64 rock samples collected from the alteration system.
  •  
  • The CRP014 property is a 2.5 x 1.6-kilometre alteration anomaly with alteration mineral assemblages indicative of a low to intermediate sulphidation hydrothermal system including argillic, silica-clay, and silica (FeOx, Py, CuOx) alteration mineralogy with hydrothermal brecciation. Rock samples returned anomalous Copper (up to 2.3%) with 40% of samples averaging 0.14% Copper.
  •  

  Patrick Elliott , President and CEO of Forte Minerals comments "This is especially exciting for the Company as the remote sensing targeting program has proven to be consistently effective based on surface follow up results. Our systematic approach to regional exploration and new project generation is working and the Company is thrilled to have expanded the portfolio of prospects through this process. "  

 

Pursuant to our press release on   April 20   th , 2022 , an extensive regional mapping and sampling exploration program was launched and successfully executed to follow-up on 10 satellite targets in the district surrounding the Pucarini epithermal gold project. In late 2020, the Company staked 18 regional claims surrounding Pucarini, comprising 16,100 hectares. The area selection was guided by knowledge gained at Pucarini to search for expressions of similar hydrothermal alteration signatures recognized in ASTER satellite imagery as part of the Company's regional generative exploration program. Following the successful surface exploration programs at Pucarini that identified anomalous gold on surface, priority was placed on controlling additional prospective ground in the district. This involved initiating a regional exploration program with based on field sampling that included collection of 287 rock samples and 44 soil samples for multi-element analysis by ALS-Peru using their ME-ICP41 and Au-AA23 methods. Alteration and geological mapping were also completed on 20 claims that includes two more claims staked in July 2022 comprising a total of 18,100 hectares. Based on the exploration results, a total of six concessions covering 5,500 hectares over 3 separate prospects with favorable field geology, alteration and geochemistry of intermediate to high sulphidation epithermal gold systems were kept for future exploration work. Fourteen concessions were dropped due to low exploration potential.

 

Results from the regional exploration follow-up work undertaken by Forte geologists from April-September, 2022 revealed several hydrothermal alteration zones and returned anomalous gold on several concessions. A total of 3 remote sensing targets were given priority.  One of these properties, named Pucarini North is immediately northwest and adjacent to Pucarini. The alteration zone at Pucarini North is extensive, pervasive and especially interesting as several rock chip samples returned anomalous gold. Additional geological and structural mapping combined with sampling (soils and rock geochemistry) is currently underway to understand the extent of mineralization and the relationship with Pucarini.

 

As a result of the regional follow-up sampling and mapping program, the geological team recommended retention of six concessions totalling 5,500 hectares, which have been ranked in order of interest. The six concessions are parcelled into three separate prospects: NWC, GRP014, and Pucarini North.  All three prospects will require further investigation by geological mapping and sampling, and potentially geophysical work to better understand the extent of alteration and mineralization.

 

Demonstrating the remote sensing targets identified in the generative stage represent zones of alteration and mineralization confirmed by ground follow-up is especially encouraging to the Company.  This has allowed expansion of the portfolio of prospects in the region and adds confidence that the exploration process adopted by the Company is effective.

 
 

  Forte Minerals - Pucarini Regional Exploration Program September 2022 (CNW Group/Forte Minerals Corp.) 

 
 

  Qualified Person and NI 43-101 Disclosure  

 

  Paul Johnston , P.Geo., is the Company's Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.

 

On behalf of  Forte Minerals CORP.
(signed) "   Patrick Elliott "
Chief Executive Officer

 

  www.forteminerals.com  

 

  Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.  

 

  Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.  

 

  Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.  

 
 

  Forte Minerals Corp. Logo (CNW Group/Forte Minerals Corp.) 

 
 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/pucarini-regional-follow-up-program-yields-301630078.html  

 

SOURCE Forte Minerals Corp.

 

 

 

 Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/September2022/21/c8085.html  

 
 

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Developing a portfolio of high-quality copper and gold assets in Peru

Forte Minerals Corp. Closes Oversubscribed Private Placement Offering

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"Not for distribution to United States newswire services or for dissemination in the United States."

 

Forte Minerals Corp . ( " Forte " or the " Company " ) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ), a copper-gold exploration company focused on Peru, has successfully closed its oversubscribed non-brokered private placement, raising gross proceeds of C$2,690,000.

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Forte Minerals Announces Private Placement of up to C$2.4 Million

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"Not for distribution to United States newswire services or for dissemination in the United States."

 

Forte Minerals Corp . ( " Forte " or the " Company " ) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ), intends to complete a non-brokered private placement (the "Offering") to raise up to C$2,400,000 for drilling and exploration programs on the Company's Peruvian projects and for general working capital, all as further outlined below.

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Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce its engagement of Trion Communications GmbH ("Trion") to provide investor relations and communication services in the German-speaking markets effective April 1, 2025 in accordance with Canadian Securities Exchange ("CSE") policies.

 

Trion Communications GmbH will support Forte in enhancing visibility among investors in Germany, Austria, and Switzerland. Their role includes distributing company news, translating shareholder communications, coordinating editorial placements in German financial publications, and fielding investor inquiries via multiple channels.

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Forte Minerals Provides Update on Planned Drill Program at Pucarini High-Sulfidation Gold Project

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Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to provide an update on its planned 1,500-metre diamond drill program at its 100%-owned Pucarini Gold Project ("Pucarini" or the "Project") located in the Southern Peru Miocene High-Sulfidation Epithermal Gold Belt. The program is set to commence towards the end of Q2 2025 with preparations currently underway.

 

 Figure 1 – High Sulphidation Epithermal Gold Targets from Gold Geochemistry and Surface Alteration Geology.

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Forte Minerals to Present at the Swiss Mining Institute Investment Conference

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Forte Minerals Corp. ("Forte" or the "Company") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that President and CEO Patrick Elliott will be attending and presenting for the first time at the prestigious Swiss Mining Institute ( SMI ) Investment Conference, taking place March 18-19, 2025, in Zurich, Switzerland.

 

SMI, organized by Bally Capital Advisors SA, is one of Europe's premier mining investment events, known for bringing together over 1,000 leading Asset Managers, Portfolio Managers, Fund Managers, and other professional investors from around the world. This exclusive, invite-only event highlights over 100 selected mining companies and offers unparalleled insights into the global resource sector.

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Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

 
 

Finlay Minerals Ltd . (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF), the "Company", is pleased to announce that the approved budget under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") 1 for both the PIL and ATTY Projects, has been increased to a total of $3.6 million .

 
 

  Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.) 

 

Both projects are situated in the highly prospective Toodoggone District of British Columbia , which continues to develop as an important copper-gold (Cu-Au) district with significant potential for further discoveries.

 

Initially, the 2025 budget was set at a minimum of $750,000 for the PIL property and $500,000 for the ATTY property. However, these amounts have now been revised to up to $2.6 million for the PIL project and up to $1.0 million for the ATTY project. Both programs are fully funded under the Earn-In Agreements with Freeport . According to these agreements, Freeport may earn an 80% interest in each property by investing a total of $35 million in exploration expenditures and making cash payments totaling $4.1 million over/up to six years.   2 Until the Finlay-Freeport Earn-In Agreements complete, Finlay owns 100% of both properties.

 

The PIL   Property lies in the heart of the Toodoggone region and features several porphyry copper-gold (Cu-Au) targets, along with associated epithermal gold-silver (Au-Ag) mineralization.  To date, 18 porphyry Cu ± Mo ± Au and porphyry-related low- and high-sulphidation epithermal Au-Ag occurrences have been outlined on the PIL Property. The PIL property is adjacent to Amarc Resources and Freeport-McMoRan's JOY Project, as well as TDG Gold Corp.'s Shasta/Baker and Sofia Properties. It is also situated 25 kilometres ("km") northwest of Centerra Gold's former Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

 

The ATTY Property covers 3,875 hectares of sub-alpine terrain in the southern Toodoggone region, an area known for significant porphyry copper-gold (Cu-Au) and epithermal gold-silver (Au-Ag) deposits. It is located between Centerra Gold's Kemess Project and the JOY Project, held by Amarc Resources and Freeport-McMoRan. The KEM target on the ATTY Property resembles the Kemess North Trend, which is home to the Kemess Underground and Kemess East deposits. Exploration will focus on the Wrich target, located near the copper geochemical anomaly at the SWT target on the JOY Property. This anomaly extends over 2 km and continues onto the ATTY Property for an additional 1.2 km to the southeast.

 

  The 2025 programs at the PIL and ATTY are well underway with:  

 
  • Detailed property-wide, 100 metre line-spaced airborne magnetic surveys completed on both properties;

  •  
  • Detailed geological and alteration mapping and expanded rock and soil sampling on up to 8 target areas on the PIL underway, with the ATTY expected to start by the end of July;

  •  
  • 53 line-km of induced polarization ("IP") geophysical surveys planned on the PIL and 16 line-km on the ATTY, and

  •  
  • Finlay acting as the Operator on both properties.
  •  

Finlay's President and CEO, Ilona Lindsay , states :  

 

  "We are very pleased with the substantial increase in approved funding for both the PIL and the ATTY. This additional funding will allow us to identify and prioritize as many targets as possible for drilling in 2026."  

 

  References:  

 
  1. Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.

  2.  
  3. Finlay news releases NR 03-25 dated April 17, 2025 entitled: "  Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: "  Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "
  4.  

  Qualified Person:  

 

  Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

 

  About finlay minerals ltd.  

 

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

 

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com   .  

 

  On behalf of the Board of Directors,  

 

  Robert F. Brown ,
Executive Chairman of the Board

 

  Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.  

 

   Forward-Looking Information:    This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.  

 

SOURCE finlay minerals ltd. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/17/c1585.html  

 
 

 

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(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia TheNewswire - July 17, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing (the "Financing") for aggregate gross proceeds of $1,000,000.

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"Not for distribution to United States newswire services or for dissemination in the United States."

 

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