Forte Minerals Corp.CSE: CUAUC$—OTCQX: FOMNFUS$—FSE: 2OA€—
Copper · Gold Central Peru

Miscanthus.

Porphyry and High-Sulfidation Exploration Targets

A 3,200-hectare property in central Peru with two copper–molybdenum–gold anomalies and a high-sulfidation gold target. The targets remain untested by drilling.

Explore the System
Project Footprint
3,200ha

Four concessions · 100% Forte-owned

Project Overview

A Cluster,
Not a Single Target.

Miscanthus combines two porphyry copper-molybdenum-gold anomalies with a separate high-sulfidation gold-silver zone. Each target is supported by surface geochemistry, mapped alteration and coincident geophysical responses—and none has yet been drill tested.

Tenure3,200

Hectares across four concessions

Ownership100%

Subject to a 1% GlobeTrotters NSR royalty

Target Areas03

Gold, Copper East and Copper Southwest

StatusDIA

Environmental drilling approval in place

Qualified Person and NI 43-101 Disclosure

Richard Osmond, P.Geo., an Independent Director, is the Company’s Qualified Person (“Qualified Person”) as defined by National Instrument 43-101.
He has reviewed and approved the technical information contained on this page.

Summary

Miscanthus (Porphyry Cu-Mo-Au and High Sulfidation Epithermal Au)

Commodity
Copper · Gold
Project Type
Porphyry and High-Sulfidation Exploration Targets
Area
3,200 ha
Status
DIA Approved
  1. 01

    3,200 ha property acquired from GlobeTrotters for USD $27,000 and 3,000,000 Forte shares.

  2. 02

    100% owned by Forte.

  3. 03

    Features two Cu-Mo-Au geochemical anomalies, both spanning 3 x 1 km, and a high-sulfidation gold anomaly >1 x >0.5 km.

  4. 04

    Highly prospective for a cluster of telescoped porphyry Cu-Mo-Au systems and overprinted high-sulfidation epithermal Au-Ag.

  5. 05

    Untested by drilling. Geophysical anomalies (high resistivity and chargeability) are strongly associated with these targets.

  6. 06

    DIA drilling permit (valid for five years) received in March 2022.

Regional location map showing Miscanthus southeast of Lima and northeast of Nazca in central Peru
Figure 1: Location map of the Miscanthus Property.
Location

Western Cordillera of Central Peru.

The Miscanthus property is situated in the Western Cordillera of Central Peru, approximately 375 km southeast of the Toromocho Porphyry Cu-Mo deposit (Chinalco).

Access
447 km from Lima to Nasca (7 hours), with an additional 120 km (3 hours) to the property. Alternative access via Lucanas, Sacsamarca, and Otoca.
Elevation
3,950–4,200 m above sea level.
Infrastructure
120 km from Marcona Port and near the Mantaro-Southern Peru power grid.

Geology

Three Expressions.
One Telescoped System.

Miscanthus lies within the Miocene porphyry Cu-Au-Mo/epithermal Au belt of Central Peru, known for hosting significant deposits such as Toromocho, La Granja, and Lagunas Norte.

01
High-Sulfidation Au-Ag

High-Sulfidation Epithermal Au Target

>1 x >0.5 km alteration zone

  • Structurally controlled silica ledges and vuggy silica bodies.
  • Associated with a >1 x >0.5 km quartz-alunite-kaolinite alteration zone.
  • Coincides with significant geochemistry anomalies, including up to 193 ppb Au and 8.9 ppm Ag.
Gold in Surface SamplesUp to 193 ppb Au
Silver in Surface SamplesUp to 8.9 ppm Ag

Key Prospect · Gold Target ZoneExtensive resistivity anomaly coinciding with gold-in-soil anomalies.

Copper-Molybdenum Targets

02
Porphyry Cu-Mo-Au

Copper Target East

Part of a 3 x 1 km Cu-Mo-Au anomaly

  • Features alunite-pyrophyllite worm textures indicative of proximity to a Cu-Mo porphyry system. Associated geochemistry includes 133 ppm Cu and 21 ppm Mo.
Associated Copper133 ppm Cu
Associated Molybdenum21 ppm Mo

Key Prospect · Copper Target EastSignificant lithocap alteration and porphyry system indicators.

03
Porphyry Cu-Mo-Au

Copper Target SW

Part of a 3 x 1 km Cu-Mo-Au anomaly

  • Hosts silica-sericite-pyrite outcrops with up to 10,000 ppm Cu and 464 ppm Mo, suggesting a potential deeper porphyry system.
Surface CopperUp to 10,000 ppm Cu
Surface Molybdenum464 ppm Mo

Key Prospect · Copper Target SWStrong geophysical anomalies associated with Cu-Mo-Au mineralization.

Three Miscanthus maps showing the Au and Cu-Mo targets with ASTER and TerraSpec alteration minerals
Figure 2: Potential exploration targets based on a compilation of Au-Cu-Mo rock geochemistry, ASTER and multispectral (Terraspec) information provided by Sumitomo Metals Mining Peru S.A.1

Integrated Evidence

The Layers
Line Up.

Geochemistry, alteration mineralogy, magnetics, resistivity and chargeability define overlapping target footprints. The working model places telescoped epithermal and porphyry systems beneath the mapped surface expression.

Miscanthus Cu-Mo-Au geochemical anomaly map along section B-B' above the conceptual porphyry model cross-section
Figure 3: Conceptual geological model.
Exploration Work

A Broad Technical Foundation.

Historical Exploration (2018–2022)1

  • Geological mapping (1:5,000 and 1:2,500 scales).
  • Rock sampling (1,035 samples).
  • IP and magnetic surveys (13.35 km).

Recent Exploration (2023–2024)

  • Complementary mapping and 229 additional rock samples.
  • Magnetometry survey covering 7.0 x 4.6 km.
1,035Rock Samples, Historical Exploration (2018–2022)
229Additional Rock Samples, Recent Exploration (2023–2024)
13.35 kmIP and Magnetic Surveys
7.0 x 4.6 kmMagnetometry Survey Coverage
1:5,000 / 1:2,500Geological Mapping Scales
Outcrop at the Copper East target with intense alunite-pyrophyllite wormy and patchy alteration textures
Figure 4: Outcrop from the Copper East target area with intense alunite-pyrophyllite alteration as wormy and patchy alteration textures anomalous in surface rock Cu geochemistry with grade of up to 133 ppm Cu.
Outcrop at the Copper East target with intense porphyry-related D-type veining
Figure 5: Outcrop from the Copper East target with intense porphyry related D-type veining anomalous in surface rock Cu geochemistry with grades of up to 108 ppm Cu.

Permitting and Community

Permitted to Test
What Lies Below.

DIA Environmental Approval2022

Issued in March and valid for five years

  • DIA permit issued in March 2022 for drilling 20 platforms across 172 ha.
  • Social agreements and pro-mining communities have facilitated exploration to date.

The targets remain untested by drilling.

Permitted Area
172ha
Ownership and Acquisition

Clear Tenure. Aligned Partnership.

Forte completed the acquisition from GlobeTrotters Resource Group in October 2024. The four concessions were transferred to Forte’s Peruvian subsidiary, Cordillera Resources Perú S.A.C.

Cash Consideration
US$27,000
Equity Consideration
3,000,000 Forte shares
Royalty
1.0% NSR to GlobeTrotters