The Prospector News

Ellis Martin Report – “Forte Minerals Completes Miscanthus Acquisition from Globetrotters” (Video)

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Ellis Martin Report – “Forte Minerals Completes Miscanthus Acquisition from Globetrotters” (Video)

 

In this segment of Money Talk Radio’s Ellis Martin Report we chat with Patrick Elliott President and CEO of Forte Minerals (CSE:CUAU) (OTC:FOMNF). Forte is pleased to announce the completion of its acquisition of the Miscanthus Property a high-sulphidation epithermal gold-silver and porphyry copper-molybdenum-gold prospect in central Peru from Globetrotters Resource Group Inc., as initially announced on October 23, 2024. The Property consists of 4 Concessions: Totaling 3,200 hectares, which was transferred to Forte’s Peruvian subsidiary, Cordillera Resources Perú S.A.C and includes an approved DIA drilling permit for up to 40 platforms over 172 hectares, significantly lowering permitting risk. Under the Mineral Asset Purchase Agreement dated October 21, 2024, between Forte and Globetrotters, to acquire the Property, Forte made a one-time cash payment of US$27,000, issued 3,000,000 common shares at a deemed price of $0.23 per share, and granted a 1.0% net smelter return (NSR) royalty to Globetrotters. With the acquisition now complete, Forte is well-positioned to advance exploration at Miscanthus.

 

Courtesy of The Ellis Martin Report

 

http://www.forteminerals.com

http://www.ellismartinreport.com

http://www.ellis.gold

Posted November 20, 2024

Share this news article

MORE or "UNCATEGORIZED"


Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface

Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) is pleased to announce initial assay results for its... READ MORE

June 3, 2025

Wallbridge Exploration Drilling Continues to Expand Mineralized Footprint of Martiniere Deposit Intercepting Multiple High Grade Gold Structures

Wallbridge Mining Company Limited (TSX: WM) (OTCQB:WLBMF) today announced the results for the first ... READ MORE

June 3, 2025

West Red Lake Gold Highlights Bulk Sample Learnings

West Red Lake Gold Mines Ltd. (TSX-V: WRLG) (OTCQB: WRLGF) is pleased to report how learnings from... READ MORE

June 3, 2025

XXIX Increases Opemiska's Copper Resource

XXIX Metal Corp‎. (TSX-V: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) is pleased to announce an updated Miner... READ MORE

June 3, 2025

Exploits Enters into Option Agreement for 3 Advanced Gold Exploration Projects in Québec

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) is pleased to announce that it has en... READ MORE

June 3, 2025

Copyright 2025 The Prospector News