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Forte Minerals Corp Exhibits at PDAC 2026, Highlighting the Alto Ruri Project's High-Grade Potential Near Barrick's Pierina Mine
Globenewswire· 2026-02-24 14:25
Core Viewpoint - Forte Minerals Corp. is actively participating in the PDAC Convention 2026 to showcase its Alto Ruri Gold Project, emphasizing the potential for significant exploration opportunities in Peru's mineral-rich regions [1][2][13]. Company Overview - Forte Minerals Corp. is a Canadian exploration company focused on copper and gold, with a strong portfolio of assets in Peru [1][14]. - The company is well-funded and has strategic partnerships that enhance its access to high-impact exploration targets [14]. Project Details - The Alto Ruri Gold Project is located approximately 15 kilometers south of Barrick Gold's Pierina Mine, which is in the closure phase after over two decades of production [3][4]. - The project covers around 4,700 hectares of mineral concessions within Peru's Miocene Tertiary Volcanic Arc, known for hosting world-class gold and copper deposits [5][14]. - Initial drilling in 1997 revealed significant intercepts, including 131 meters grading 2.55 g/t gold, with a notable section of 54 meters grading 5.39 g/t gold [7][5]. Geological Significance - The Alto Ruri Gold Project shares geological characteristics with the Pierina Mine, indicating the potential for a preserved high-sulfidation epithermal system [4][6]. - The project represents a modern re-evaluation opportunity in a proven gold district that has not been comprehensively explored in nearly three decades [6]. Leadership and Expertise - Senior leadership from Forte Minerals, including CEO Patrick Elliott and General Manager Manuel Montoya, will be present at PDAC 2026 to engage with investors [9][10]. - Patrick Elliott has over 20 years of experience in mineral exploration and has a track record of identifying high-value assets [9]. - Manuel Montoya brings over 36 years of experience in project generation and strategic exploration, with expertise in various deposit types [10]. Strategic Focus - The company is focused on advancing the Alto Ruri Gold Project, leveraging its strategic partnerships to systematically explore the high-sulfidation system [13]. - With gold prices near all-time highs, the PDAC Convention is seen as an ideal platform to attract new investors and outline future exploration phases [13].
Forte Minerals Corp Exhibits at PDAC 2026, Highlighting the Alto Ruri Project’s High-Grade Potential Near Barrick’s Pierina Mine
Globenewswire· 2026-02-24 14:25
Core Viewpoint - Forte Minerals Corp. is actively participating in the PDAC Convention 2026 to showcase its Alto Ruri Gold Project, emphasizing the potential for significant re-evaluation and exploration opportunities in Peru's mineral sector [1][12]. Company Overview - Forte Minerals Corp. is a Canadian exploration company focused on copper and gold, with a strong portfolio of assets in Peru [13]. - The company is well-funded and has strategic partnerships that provide access to high-impact targets in premier Andean mineral belts [13]. Project Details - The Alto Ruri Gold Project is located approximately 15 kilometers south of Barrick Gold's Pierina Mine, which is in the closure phase after over two decades of production [3][10]. - The project covers around 4,700 hectares of mineral concessions within Peru's Miocene Tertiary Volcanic Arc, known for hosting world-class gold and copper deposits [5]. - Initial drilling in 1997 revealed significant intercepts, including 131 meters grading 2.55 g/t gold from surface, with a notable section of 54 meters grading 5.39 g/t gold [7][5]. Geological Significance - The Alto Ruri Gold Project shares geological characteristics with the Pierina Mine, indicating the potential for a preserved high-sulfidation epithermal system [4]. - The project represents a modern re-evaluation opportunity in a proven gold district that has not seen comprehensive exploration in nearly three decades [6]. Leadership and Expertise - Senior leadership from Forte Minerals, including CEO Patrick Elliott and General Manager Manuel Montoya, will be present at PDAC 2026 to engage with investors [8][9]. - Patrick Elliott has over 20 years of experience in mineral exploration and has a track record of identifying high-value assets [8]. - Manuel Montoya brings over 36 years of experience in global project generation and is credited with significant discoveries in South America [9].