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"


Santacruz Reports Q1 2026 Production of 1,341,499 Ounces of Silver and 21,640 Tonnes of Zinc, with Continued Recovery of Production at Bolivar Mine

Santacruz Silver Mining Ltd. (NASDAQ:SCZM) (TSX-V:SCZ) announces that total production in the first ... READ MORE

April 17, 2026

Greenland Government Approves Transfer of Final 50.5% of Tanbreez, Taking Critical Metals Corp. to 92.5% Ownership

Critical Metals Corp. (Nasdaq: CRML), a leading critical mineral mining company, today announced tha... READ MORE

April 17, 2026

NMG Announces Closing of US$96.5 Million Equity Public Offering

As part of the financing package for the phased development of the commercial operations of its Mata... READ MORE

April 16, 2026

Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2km

Group Eleven Resources Corp. (TSX-V: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is pleased to announce new assay... READ MORE

April 16, 2026

Argenta Silver Step-Out Drilling Intersects 679 g/t Ag over 13.5m, including 1,163 g/t Ag over 4.0m, Resource Continuity and Expansion Continues

Argenta Silver Corp. (TSX-V: AGAG) (OTCQX: AGAGF) (FSE: T1K) is pleased to report the third set of ... READ MORE

April 16, 2026

Copyright 2026 The Prospector News