Fuerte Announces Transformational Acquisition of the Coffee Project from Newmont Corporation Addition of an Advanced Canadian Gold Project with Substantial Upside
New Robust M&I Resource of 3.0 Million Ounces within 80 Mt at 1.15 g/t gold and Inferred Resource of 0.8 Million Ounces within 21 Mt at 1.17 g/t gold (using 0.18 g/t cut-off)
High Grade Sensitivity Case shows 2.8 Million Ounces of M&I within 60 Mt at 1.44 g/t gold and 0.8 Million Ounces of Inferred within 17 Mt at 1.42 g/t gold (using 0.40 g/t cut-off)
Concurrent Equity Financing of up to C$50 million Backstopped by Key Shareholders of Fuerte