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VANCOUVER, British Columbia, March 27, 2026 (GLOBE NEWSWIRE) — Forte Minerals Corp. (“Forte” or the “Company”) (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA) is pleased to announce that it is advancing community engagement and permitting at the Alto Ruri Project (“Alto Ruri”) located approximately 15 kilometers (km) from Barrick’s past producing Pierina Gold Mine. The Company’s focus is to secure a long-term community agreement to systematically explore the high-sulphidation epithermal gold system at Alto Ruri. This district-scale system includes a 2 km by 1.5 km advanced argillic alteration zone that has never been systematically tested with modern geophysics and drilling.
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Historical drilling at Alto Ruri by Compañía de Minas Buenaventura in 1997 (12-hole 2,254.5m), as reported in the Company’s news release from March 4th, 2024, confirmed high-grade gold potential, including:
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- Hole 001-97 which returned 131 metres of 2.55 g/t Au, including 54 metres of 5.39 g/t Au.
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Several high-resistivity CSAMT geophysical anomalies from historical geophysical data1 are also interpreted as potential untested gold-bearing vuggy silica alteration targets at depth.
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Forte also announces the completion of a five-hole, 1,530-metre exploration drill program at its 100%-owned Pucarini High-Sulfidation Gold Project (“Pucarini”) in southern Peru. Drilling confirmed the presence of the targeted hydrothermal system. Assay results returned anomalous gold, copper, and molybdenum values in one drill hole, with no significant mineralization intersected in the remaining four holes. Equipment has been demobilized, and environmental remediation will be completed.
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Management Commentary
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“Pucarini presented a robust surface anomaly that warranted a first-pass test. We are proud of our team’s ability to execute a safe, cost-effective program at Pucarini. Our primary strategic focus remains on advancing the historically discovered Alto Ruri high-sulphidation gold project,” stated Patrick Elliott, President & CEO of Forte Minerals.
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Backed by two recent strategic investors and a strengthened balance sheet, Forte is well-positioned to execute on its 2026 exploration goals at Alto Ruri and evaluate additional opportunities across its copper-gold portfolio. For further details on the geology, historical data, and exploration model, please visit the Alto Ruri Project Page.
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Qualified Person
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Richard Osmond, P.Geo., an Independent Director of Forte and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.
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About Forte Minerals
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Forte Minerals Corp. is a well-funded exploration company with a strong portfolio of high-quality copper and gold assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C., the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.
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