News
Forte Minerals Releases First ESG Report for Responsible Exploration and Mining in Peru
February 20, 2024
VANCOUVER, British Columbia, February 20, 2024 – Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) (Frankfurt: 2OA),a junior exploration company with a focus on copper and gold projects in Peru, is proud to announce the publication of its initial Environmental, Social, and Governance (ESG) report. This milestone document shows a significant stride in Forte Minerals' journey towards sustainable exploration and mining practices and underscores our unwavering commitment to responsible operations.
Under the leadership of Patrick Elliott, MSc, MBA, CEO, and President of Forte Minerals, the Company has embarked on a sustainable exploration and development journey. "The release of our 2023 ESG report is pivotal for the Company. It echoes over 15 years of dedicated engagement with the Peruvian landscapes and communities, emphasizing our proactive adoption of ESG principles that guide our exploration endeavors," stated Elliott. "This report showcases our commitment to sustainability, ethical conduct, and community engagement and sets a foundation for continuous improvement in our operations."
Highlights of the ESG Report:
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- Environmental Stewardship: Our dedication to sustainability starts from the exploration phase, laying the foundation for responsible growth. As an exploration company, we are committed to implementing strategic measures to manage and mitigate environmental impacts as we grow. Our activities, primarily in exploration, lead to minimal greenhouse gas emissions, mainly from office-related activities and transportation needs linked to our exploration efforts. In 2023, Forte reached a significant achievement by obtaining two Environmental Impact Assessment (DIA) permits, demonstrating our strong commitment to compliant and environmentally responsible practices.
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- Social Responsibility: At the core of our operations lies a profound commitment to the communities in Peru. Our longstanding presence, enriched by over 15 years of engagement, underscores our dedication to fostering local development, enhancing community engagement, and ensuring equitable practices. This history of collaboration has built trust and facilitated initiatives for mutual benefit, reinforcing our role as a responsible partner in the regions where we operate.
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- Governance and Ethics: The ESG report elaborates on Forte Minerals' governance structure, emphasizing ethical conduct, anti-corruption measures, and promoting diversity and inclusion. Our governance framework ensures transparency and integrity in all aspects of our operations.
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- Sustainable Practices and Shareholder Value: We strategically design our approach to exploration and development to maximize shareholder value, ensuring the sustainability of natural resources and community welfare.
Invitation to the Investor Community:
Forte Minerals invites the investor community, stakeholders, and all interested parties to visit the ESG section on our website. Forte's 2023 ESG report showcases our commitment to ethical exploration and mining, offering a transparent overview of our governance practices and dedication to community engagement and sustainability. It aims to enhance your understanding of our integrated approach, ensuring we continue to set a leading example in the industry.
ESG Reporting with Socialsuite:
Forte Minerals partnered with Socialsuite, a platform known for its expertise in guiding junior exploration companies through the ESG reporting journey. Their team played a pivotal role in simplifying the process, offering exceptional support in navigating the complexities of the 21 criteria’s and significantly reducing our workload through their adept handling of document translations and report preparation.
"Our collaboration with SocialSuite has been instrumental in shaping our ESG reporting," says CEO Patrick Elliott. "Their expertise guided us through the intricacies of the reporting process and allowed us to focus on our core mission of responsible exploration and mining.”
About Forte Minerals:
Forte Minerals Corp. is a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú S.A.C., focused on discovering and developing high-quality copper and gold assets in Peru. With a commitment to environmental stewardship, community engagement, and sustainable mining practices, Forte Minerals aims to generate significant value while upholding its social and environmental responsibilities.
On behalf of FORTE MINERALS CORP.
"/s/" Patrick Elliott
Chief Executive Officer
For further information, please contact:
Forte Minerals Corp.
office: (604) 983-8847
Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.
Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
