Fuerte Metals Announces Filing of the Technical Report for the Updated Coffee Gold Project Mineral Resource Estimate

Rhea-AI Summary

Fuerte Metals (OTCQB: FUEMF) announced filing of the NI 43-101 technical report for the Coffee Gold Project with an effective date of August 21, 2025 and filing on SEDAR on October 7, 2025. The report supports the Company's September 15, 2025 agreement to acquire the Coffee gold project and an updated mineral resource estimate.

The mineral resource estimate was prepared by Micon International with Qualified Persons Alan J. San Martin, P.Eng. and Charley Murahwi, P.Geo., and Micon is stated as independent under NI 43-101. The report is available on the company website and SEDAR.

Positive

• NI 43-101 technical report filed on SEDAR with effective date Aug 21, 2025
• Updated mineral resource estimate prepared by independent QPs from Micon International
• Public availability of the report on the company website and SEDAR increases disclosure

Negative

• Acquisition agreement announced but transaction value and commercial terms were not disclosed
• Technical report provides no financial metrics or quantified resource figures in this release

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) ("Fuerte" or the "Company") is pleased to announce that the Company has filed on SEDAR a technical report for the Coffee Gold Project ("Coffee" or the "Project"), entitled "NI 43-101 Technical Report for the 2025 Mineral Resource Estimate Update on the Coffee Gold Project, Yukon, Canada" (the "2025 Coffee Technical Report") with an effective date of August 21^st, 2025. The filing of the Technical Report follows the Company's news release issued September 15^th, 2025, announcing the Company's agreement to acquire the Coffee gold project along with an updated mineral resource estimate.

Messrs. Alan J. San Martin, P.Eng. and Charley Murahwi, P.Geo. from Micon International Limited are the Qualified Persons (QPs) who prepared the Coffee Gold Project Mineral Resource Estimate. Micon International Limited is "independent" of Fuerte as defined by Section 1.5 of NI 43-101.

The 2025 Coffee Technical Report can be found on the Company's website at www.fuertemetals.com, as well as on SEDAR at www.sedarplus.ca.

About Fuerte Metals Corporation

Fuerte Metals is a Vancouver-based exploration and development company focused on advancing high-potential base and precious metals projects across the Americas. Our flagship asset will be the 100%-owned Coffee Project in the Yukon, Canada — a high-quality gold project advancing through the final stages of permitting, engineering, and resource expansion drilling in preparation for a construction decision. In addition to Coffee, Fuerte holds a portfolio of copper and gold assets, including the Placeton-Caballo Muerto Project in Chile and the Christina and Yecora Projects in Mexico, offering additional growth and exploration upside. At Fuerte, we are committed to building value through disciplined project development, responsible stewardship of the land, and a focus on creating long-term returns for shareholders.

Additional Information

For more information, please contact:

Tim Warman
Chief Executive Officer and Director
Fuerte Metals Corporation
Email: info@fuertemetals.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

In this news release, forward-looking statements relate to, among other things, the anticipated completion of the transaction and management's objectives, strategies, beliefs and intentions. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269552

FAQ

What did Fuerte Metals announce about the Coffee Gold Project on October 7, 2025?

Fuerte Metals filed a NI 43-101 technical report for the Coffee Gold Project with an effective date of Aug 21, 2025 and made it available on SEDAR and the company website.

Who prepared the 2025 Coffee Gold Project mineral resource estimate for FUEMF?

The estimate was prepared by Micon International and signed by Qualified Persons Alan J. San Martin, P.Eng. and Charley Murahwi, P.Geo.

Does the October 7, 2025 filing disclose the purchase price for the Coffee acquisition by Fuerte Metals (FUEMF)?

No, the filing and release note the agreement to acquire the project but do not disclose the transaction value or detailed commercial terms.

Where can investors access the 2025 Coffee Technical Report for FUEMF?

The report is available on Fuerte Metals' website and on SEDAR at www.sedarplus.ca.

What is the effective date of the 2025 Coffee Technical Report for FUEMF?

The technical report has an effective date of August 21, 2025.