The Pucarini Property consists of a single 1,000 ha (GBT-92) claim centred at 70º 30’ 51” W; 15º 55’ 56” S. The concession was acquired by Globetrotters Resources Peru SAC (“Globetrotters”) in 2018 and is currently held by Cordillera Resources SAC, a 99.99% owned subsidiary of Forte.

The Property is an early-stage high-sulfidation gold project located approximately 43 km west-northwest of the city of Juliaca in the Department of Puno, Peru. The property was mapped and sampled by Teck Resources Peru SAC in the period 2011-2015, and subsequently dropped without having been tested by drilling.

Regular scheduled commercial flight service is available from the Juliaca airport to Lima and other major airports throughout Peru. Access to the property is by unpaved, maintained public roads from Lampa, which is the closest town located 16 km to the east of the Property. Lampa is connected to Juliaca and Arequipa by the national highway network. Most of the population in the vicinity of the Property is involved with agriculture. Lampa is connected to the National electric grid.

Pucarini has a temperate climate with a wet season from October through March and a dry season from April to September. Temperature averages 6.2 (0.7-17.4 C) in the wet season and 8.8 (-4.4-15.8). Precipitation averages 88.0 mm during the wet season and 14.5 mm during the dry season. Snow is common August through November at higher elevations.

• Pucarini Regional Exploration Updated Program September 2022 CLICK HERE
• Regional Staking of 6,100 ha in addition to the 1,000 ha Pucarini Claim.
• Area selection influenced by knowledge gained at Pucarini and the expression of similar hydrothermal alteration patterns.
• The region is rich in epithermal gold occurrences with several operations and past producing mines nearby.

The General Mining Law of Peru defines and regulates different stages of mining activities ranging from sampling and prospecting, to development, mining, and processing. The General Mining Law of Peru was changed in the mid-1990’s to foster the development of the country’s mineral resources. The law further defines and regulates different categories of mining activities according to the stage of development (prospecting, exploitation, processing, and marketing).

The Peruvian State does not have free carry rights or options to acquire shareholdings in mining companies. There are no requirements for participation in ownership of mining rights by indigenous persons, groups or entities. Titles over mineral claims are controlled by the Institute of Geology, Mining and Metallurgy (“INGEMMET”). The current status of any mining right can be verified by accessing INGEMMET’s nationwide online concessions database at https://geocatmin.ingemmet.gob.pe/geocatmin/

Mining concessions in Peru are valid for both exploration and mining activities.

• Exploration targets identified based on integration of rock and soil geochemistry, chargeability, resistivity, and geology.
• Outcrop sampling demonstrates advanced argillic-altered structures are gold-bearing.

Summary of key target areas and proposed drill holes:

A. A linear, north-trending chargeability anomaly which coincides with a domain of strong demagnetization.

B. Resistivity high anomaly that overlaps and extends west from the chargeability anomaly. A cluster of anomalous gold in outcrop and multiple breccia veins containing advance argillic mineralogy occur immediately west of the resistivity anomaly.

C. Resistivity high anomaly located immediately east of the chargeability anomaly.

D. Coincident chargeability, resistivity and demagnetization associated with an array of breccia veins and breccia dikes containing advanced argillic mineralogy. Chargeability and resistivity anomalies are from modeled response at -150 metres below surface. Quartz veins, breccia veins, and breccia dikes strike northwest, north and northeast.

Drill Program

Drill holes will be positioned to test these geophysical anomalies coincident with elevated gold values from surface sampling. Locations of these drill holes may be modified following further interpretation of the exploration program’s database by the Company’s geologic staff.

The first hole, DH_P01, is designed to test the north end of the north-trending chargeability anomaly at target area A, where it coincides with a resistivity anomaly and a domain of strong demagnetization. This hole will be collared near outcrops of hydrothermal breccia containing ~5% fine-grained disseminated pyrite.

Drill hole DH_P02 is positioned to test a northwest-trending zone defined by abundant quartz veining, hydrothermal breccia veins and breccia dikes associated with an advanced argillic mineral assemblage in target area A. This hole will be located where the vein zone intersects the north-trending chargeability anomaly and coincident resistivity anomaly.

Drill hole DH_P03 is designed to test beneath the cluster of rock chip samples that returned anomalous gold values in target area B that coincide with advanced argillic alteration and a resistivity anomaly on the west flank of the north-trending chargeability anomaly.

Drill hole DH_P04 is positioned to test the large resistivity anomaly in target area C near the east flank of the north- trending chargeability anomaly where it intersects the northern margin of the northwest-trending.