The Canadian Forte Minerals reveals the next steps that she will give with her exploration projects in Peru.
The richness of the Peruvian subsoil remains a source of opportunities for mining companies, therefore, each new exploration project represents a commitment to discover a potential mineral site. Thus, the Canadian Forte Minerals, seeks to continue advancing in her various initiatives she has in Peru, which will imply important investments.
In dialogue with Management, Patrick Elliott, CEO of Forte Minerals, revealed that they currently have four exploration projects in Peru. These are Pucarini (Puno) and Alto Ruri (Huaraz), both gold; as well as Esperanza (Arequipa) and Miscanto (Ayacucho), which are copper initiatives.
According to the Executive, three of these initiatives already have Environmental Impact Declaration (DIA), with the exception of their Golden Alto Ruri initiative. However, he says that in the coming months they will begin with the respective studies to obtain this document, which would allow him to advance with the drilling work.
“Obtaining the day will depend on the Government, but it is between a year until a year and a half to obtain those permits to start the jobs. It is a difficult process but it is faster than before,” said Elliott in the framework of Proexplo 2025.
He also pointed out that Alto Ruri is an atmosphere that is located south of the Pierina de Barrick project, and that high gold law is estimated and with an area that has a large property to find a large property of the aforementioned metal.
What Forte Minerals shows in Peru
The CEO of Forte Minerals mentioned that one of the main milestones for this year will be the beginning of its diamond drilling program in its Pucarini gold project. In this way, it would be the first time that it will be pierced on this property.
“At this time we have the agreement with the community until March 2026 to make a drilling program. In July we will start with this program consisting of five drills and 1,500 meters to discover a gold deposit, which is very prospective and that has no drilling in the past,” he said.
With regard to his Esperanza project, located in Arequipa, he said that, having the day they are ready to start their drilling program, which has been planned to start during this 2025 or in the course of 2026. He added that this initiative shows all the indications of being a large complex of mineralized porphyry.
On the other hand, with his Miscanto project that is a prospect of copper, gold and molybdenum porph, the manager said they have good expectations to put five to eight drill drills. Similarly, it is expected to start the program between this and next year.
He also added that they plan to invest around US $ 2 million during this 2025. Resources will be allocated in exploration and perforation. Similar figure would be oriented next year.
More projects in sight?
A strategic partner of Forte Minerals is Globetrotters Resource Group, which has a portfolio of gold and copper initiatives in Peru. The executive said that every time this company finds a project with good prospects they evaluate it if they adapt to their objectives to acquire it, although at the moment they are focused with their four initiatives.
Source: Management
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