Fuerte Metals Ord Shs Stock Price, News & Analysis

Fuerte Metals (OTCQB: FUEMF) has signed a definitive agreement to sell its El Cofre project in Chile to Chilean Cobalt Corporation. The transaction involves Fuerte's subsidiary Cobalt Chile SpA transferring 100% ownership of the mining concessions to Chilean Cobalt's subsidiary Baltum Minería SpA.

The deal is valued at US$1.89 million, to be paid in 4.5 million common shares of Chilean Cobalt, plus reimbursement for recent concession payments. The transaction is expected to close around November 11, 2025, subject to regulatory approvals.

Following the sale, Fuerte will focus on its primary Placeton/Caballo Muerto project in Chile, which contains several untested porphyry copper targets located between Teck and Newmont Mining's Nueva Union joint venture deposits.

Fuerte Metals (OTCQB: FUEMF) has issued a statement in response to regulatory inquiries about recent increases in its stock price. The company confirmed it is in preliminary discussions regarding a potential transaction with an unnamed third party, though no agreement has been reached on terms and conditions.

The company emphasized that these discussions are part of its ongoing strategic review process, which includes evaluating potential acquisitions, divestitures, and merger opportunities. Fuerte stated it will not make additional announcements unless required by securities laws and advised investors to rely only on official company statements and filings available on SEDAR+.

Fuerte Metals (FUEMF) has reported significant drilling results from its Cristina precious metals project in Chihuahua, Mexico. Key intercepts include 10.3 g/t AuEq over 2.4m, 7.0 g/t AuEq over 1.4m, 5.6 g/t AuEq over 3.6m, and a broader mineralization of 0.7 g/t AuEq over 95m at the Los Ingleses vein system.

The company has completed fifty holes totaling 13,754.7 metres, with results suggesting potential for both open-pit and underground mining. The current mineral resource includes Indicated resources of 17.5 Mt at 1.32 g/t AuEq (747,000 gold-equivalent ounces) and Inferred resources of 19.0 Mt at 1.26 g/t AuEq (772,000 gold-equivalent ounces). The company plans to update its resource estimate later this year.

Fuerte Metals (FUEMF) has reported significant drilling results from its Cristina precious metals project in Chihuahua, Mexico. The latest results from five diamond drill holes highlight impressive intersections including 8.5 g/t AuEq over 4.0m and 6.1 g/t AuEq over 1.7m from the Guadalupe and Los Ingleses vein systems.

The project features multiple outcropping quartz veins over 10 meters wide extending across a 5-kilometer strike length. The current mineral resource includes:

• Indicated: 17.5 Mt at 1.32 g/t AuEq (747,000 AuEq ounces)
• Inferred: 19.0 Mt at 1.26 g/t AuEq (772,000 AuEq ounces)

The company has completed 45 holes totaling 11,999.5 meters, successfully defining continuous higher-grade zones within multiple vein systems that remain open along strike and at depth.

Fuerte Metals (FUEMF) has reported significant drilling results from its Cristina precious metals project in Chihuahua, Mexico. The company announced notable intercepts including 6.4 g/t AuEq over 1.9m and 6.2 g/t AuEq over 2.6m from the Guadalupe vein system.

The results come from ten new diamond drill holes, part of a larger 21,000-metre program. To date, forty holes totaling 10,314 metres have been completed. The project features multiple outcropping quartz veins exceeding 10 metres in width across a five-kilometer strike length, with four parallel mineralized vein zones identified.

The current mineral resource estimate includes:

• Indicated: 17.5 Mt at 1.33 g/t AuEq (752,000 gold-equivalent ounces)
• Inferred: 19.0 Mt at 1.27 g/t AuEq (777,000 gold-equivalent ounces)

Fuerte Metals (TSXV: FMT, OTCQB: FUEMF) has announced the results of its annual general and special meeting held on February 18, 2025, in Vancouver. Shareholders approved all proposed matters, including:

- Election of Tim Warman, Charlie Ronkos, Scott Hicks, Colinda Parent, and Shannon McCrae as company directors for the upcoming year
- Appointment of Davidson & Company LLP as company auditors
- Authorization for the board to set auditor remuneration
- Approval of the company's long-term incentive plan as outlined in the Management Information Circular

Fuerte Metals (TSXV: FMT) (OTCQB: FUEMF) has announced the granting of equity-based incentives to its directors, officers, and employees. The company has issued 737,500 stock options exercisable at $0.91 per share until February 3rd, 2030. Additionally, 225,000 Restricted Share Units (RSUs) have been granted, which will vest equally over a three-year period. The options are subject to the Company's Long Term Incentive Plan and TSX Venture Exchange policies.

Fuerte Metals (FUEMF) has reported significant findings from its geophysical survey at the Placeton Project in Chile. The survey identified two undrilled porphyry copper-gold targets - Caballo Muerto and Placeton - situated between world-class deposits of the Nueva Union project.

The Caballo Muerto target features a prominent 900x500m alteration zone with surface samples showing up to 2.6% copper, 284 ppm molybdenum, and 285 ppb gold. The target exhibits strong geophysical signatures, including a well-defined magnetic low and strong chargeability highs, suggesting potential for an El Morro style porphyry copper-gold system.

The Placeton target spans a 1.8km north-south zone with surface samples revealing up to 2.4% copper, 48 ppm molybdenum, and 50 ppb gold. Both targets show compelling evidence of porphyry-style copper-gold systems, with signatures similar to surrounding Nueva Union copper porphyries. The company plans to proceed with drill testing both targets.

Fuerte Metals has reported significant drilling results from its Cristina precious metals project in Chihuahua, Mexico. Key highlights include intercepts of 14.3 g/t AuEq over 3.0 m, 7.5 g/t AuEq over 7.5 m, and 7.5 g/t AuEq over 2.8 m from the Los Ingleses and Mexico Libre vein systems.

The company has completed 30 holes totaling 7,936.5 metres as part of a larger 21,000-metre drill program. The project features multiple outcropping quartz veins over 10 metres wide extending for at least 5 kilometers. The current mineral resource includes Indicated resources of 17.5 Mt at 1.33 g/t AuEq (752,000 gold-equivalent ounces) and Inferred resources of 19.0 Mt at 1.27 g/t AuEq (777,000 gold-equivalent ounces).