Fuerte Metals Corp. is pleased to announce several key additions to its management team as the Company begins work on its newly-acquired Coffee Gold project in the Yukon. The new additions to the senior leadership team include: Denis Flood as Chief Operating Officer Jason O'Connell as Chief Financial Officer Jennie Gjertsen as Vice-President Sustainability and External Relations Nelson Bodnarchuk as Vice-President People [...]
Fuerte Metals Corp. is pleased to announce the closing of the acquisition of Goldcorp Kaminak Ltd. , the owner of the Coffee Gold Project in Canada's Yukon Territory, from Newmont Corp. . The acquisition of Kaminak was previously announced on September 15, 2025. Pursuant to the Transaction, the Company paid approximately US$10 million in cash and issued US$40 million in common and preferred shares to an affiliate of [...]
Agnico Eagle Mines announced today that it has acquired 5,000,000 subscription receipts issued by 1555489 B.C. Ltd., a wholly-owned subsidiary of Fuerte Metals, pursuant to a brokered private placement, at a price of C$1.65 per Subscription Receipt for total consideration of C$8,250,000. The investment in Fuerte is consistent with Agnico Eagle's historical practice of strategic equity investments in projects with high [...]
Fuerte Metals is pleased to announce the closing of the previously announced offering of subscription receipts of its subsidiary, 1555489 B.C. Ltd., for aggregate gross proceeds of approximately $57.5 million. The Offering was conducted by Finco on a private placement basis through Stifel Canada and BMO Capital Markets, as co-lead agents and joint bookrunners, on their own behalf and on behalf of a syndicate of agents [...]
Fuerte Metals is pleased to announce that the Company has filed on SEDAR a technical report for the Coffee Gold Project, entitled "NI 43-101 Technical Report for the 2025 MRE Update on the Coffee Gold Project" with an effective date of August 21st, 2025. The filing of the Technical Report follows the Company's news release issued Sept 15th, 2025, announcing the Company's agreement to acquire the Coffee gold project along [...]
Fuerte Metals announced that Chief Financial Officer Martin Rip is retiring effective September 30th, 2025. Mr. John Teo, Fuerte's Vice President of Finance, has been appointed Interim CFO. Mr. Teo is an experienced finance professional and has been an integral part of the Company's finance team since early 2024. The process to identify a permanent CFO has been underway for some time, and the Company expects to make an [...]
Addition of an Advanced Canadian Gold Project with Substantial Upside New Robust M&I Resource of 3.0 Million Ounces within 80 Mt at 1.15 g/t gold and Inferred Resource of 0.8 Million Ounces within 21 Mt at 1.17 g/t gold High Grade Sensitivity Case shows 2.8 Million Ounces of M&I within 60 Mt at 1.44 g/t gold and 0.8 Million Ounces of Inferred within 17 Mt at 1.42 g/t gold Concurrent Equity Financing of up to C$50 million [...]
Fuerte Metals is please to announce that it has entered into a definitive agreement to sell its 100% owned El Cofre project in Chile to Chilean Cobalt Corp. Under the terms of the Agreement, Cobalt Chile SpA, a wholly owned subsidiary of Fuerte Metals, will transfer 100% ownership of the mining concessions to Baltum Minería SpA, a wholly owned subsidiary of Chilean Cobalt. In exchange, Cobalt Chile SpA will receive 4.5 [...]
Fuerte Metals is issuing this press release in response to a request by the Canadian Investment Regulatory Organization to comment on the recent increase in the market price of its common shares. As part of its long-term corporate strategy, the Board and management of Fuerte continuously review its long-term strategic plan including, but not limited to, potential acquisitions, divestitures and merger or combination [...]
Fuerte Metals is pleased to report results from the most recent five holes of a diamond drilling program at its wholly-owned Cristina precious metals projec. Fuerte has now reported fifty holes totalling 13,754.7 m of drilling from the current program. The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 metres in width and extend for at least a five-kilometre strike [...]
Fuerte Metals is pleased to report results from the most recent five holes of a diamond drilling program at its wholly-owned Cristina precious metals project. Fuerte has now reported forty-five holes totalling 11,999.5 metres of drilling from the current program. The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 metres in width and extend for at least a five-kilometre [...]
Fuerte Metals is pleased to report results from the most recent ten holes of a diamond drilling program at its wholly-owned Cristina precious metals project. Fuerte has now reported forty holes totalling 10,314 m of drilling as part of an approximately 21,000 m drill program. The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 metres in width and extend for at least a [...]