Forte Minerals Corp. (CSE:CUAU, OTCQB:FOMNF) said its Environmental Impact Statement (DIA) for its 100%-owned Pucarini gold project in Southern Peru has been approved by the Peruvian Ministry of Energy and Mines (MINEM).
The company said it was delighted to be awarded the approval, which allows it to drill up to 40 platforms over five years, after more than two years of environmental baseline studies, archaeological assessments, social engagement, and government processing.
It noted that the final drill permit will be handed down by MINEM upon the completion of a prior consultation process with local Indigenous communities.
“The DIA approval is a significant milestone, and we are thrilled to have an opportunity to maiden drill test this property,” Forte CEO Patrick Elliot said in a statement.
“This is an outstanding project with the key elements of a productive high-sulphidation epithermal gold system.”
Forte is a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Peru S.A.C. and has built a robust portfolio of high-quality copper and gold assets in Peru.
Its Pucarinin project comprises 1,000 hectares of prospective ground for high-sulphidation epithermal gold mineralization.
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