Forte Minerals takes step forward with Environmental Impact Statement Approval
December 18, 2023 at 08:10 pm
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Forte Minerals CEO Patrick Elliott joined Steve Darling from Proactive to share news the company has received approval for its Environmental Impact Statement (EIS) for the Esperanza porphyry project in Southern Peru. This EIS approval is a significant milestone for the company and paves the way for the development and exploration of the project.
The Environmental Impact Statement (EIS) approval grants Forte Minerals the authorization to conduct exploration activities, including drilling, at the Esperanza project. The company has completed two years of environmental baseline studies, archeological assessments, social engagement, and government processing to secure this approval.
With the EIS approval in place, Forte Minerals can proceed with its exploration plans, which include drilling up to 40 platforms over a 5-year timeline. The final drill permit will be issued by the Ministry of Energy and Mines (MINEM) upon completion of the prior consultation process with local indigenous communities.
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Forte Minerals Corp. is a Canada-based junior exploration company. The Company with its subsidiaries is focused on copper and gold exploration in Peru. The Company holds mineral properties in Peru, including Esperanza Project, Pucarini Project and Don Gregorio. The Esperanza Project is located in the Paleocene belt of southern Peru. The project consists of 4000 hectares of mineral concessions in the Arequipa Region. The Pucarini Project is an early-stage high-sulfidation gold project located approximately 43 kilometers west-northwest of the city of Juliaca in the Department of Puno, Peru, which is approximately 1,000-hectare concession. The Don Gregorio Project has approximately 900 hectares (ha) of property under option by Forte Minerals from Candente Copper Corp. It also owns Alto Ruri high sulphidation epithermal gold (Au) prospect and the Cerro Quillo porphyry Au-copper (Cu)-molybdenum (Mo) prospect in Peru.