TALA.V · 2024-12-11 12:00:00

Fuerte Metals hits 14.3 g/t AuEq over 3.0 m, 7.5 g/t AuEq over 7.5 m, and 7.5 g/t AuEq over 2.8 m at its Cristina Project, Chihuahua, Mexico

Drill Results

Fuerte Metals hits 14.3 g/t AuEq over 3.0 m,

7.5 g/t AuEq over 7.5 m, and 7.5 g/t AuEq over

2.8 m at its Cristina Project, Chihuahua,

Mexico

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Fuerte Metals Corporation

(TSXV: FMT) (OTCQB: FUEMF) ("

Fuerte

" or the "

Company

") is pleased to report results from the

most recent five holes of a diamond drilling program at its wholly-owned Cristina precious metals project

in southwestern Chihuahua State, Mexico.

Fuerte has now reported thirty holes totalling 7,936.5 metres of drilling as part of a 40-50 hole, 21,000

metre drill program. The Cristina project consists of multiple outcropping quartz veins that are frequently

greater than 10 metres in width and extend for at least a five-kilometre strike length. Four parallel

mineralized vein zones have been mapped and sampled to date, with most of the existing mineral

resource estimate at Cristina contained within only one of the vein zones, the Guadalupe vein (Figure 1).

These latest results are widely spaced expansion holes from two additional vein areas, Los Ingleses and

Mexico Libre. The two holes reported from Los Ingleses are located approximately 2 km to the north of

the Guadalupe vein system, while the three holes reported here from Mexico Libre are approximately

800 m NE of Guadalupe (Figure 1).

Drilling Highlights

Highlights of the holes reported here, from the Los Ingleses and Mexico Libre vein systems, include:

7.5 g/t AuEq over 2.8 m

estimated true width (ETW) (1.9 g/t Au, 67 g/t Ag, 6.81% Zn, 1.06% Pb

and 0.42% Cu) in hole

ACD-24-247

in the Los Ingleses vein system

This 2.8 m wide intercept occurs within a broader mineralized zone measuring 3.8 g/t AuEq

over 9.0 m ETW (1.5 g/t Au, 42 g/t Ag, 2.48% Zn, 0.48 % Pb, 0.18% Cu)

7.5 g/t AuEq over 7.5 m

ETW (5.3 g/t Au, 40 g/t Ag, 1.98% Zn, 1.01% Pb and 0.16% Cu) in hole

ACD-24-248

in the Mexico Libre vein system

This 7.5 m wide intercept occurs within a broader mineralized zone measuring 3.6 g/t AuEq

over 17.5 m ETW (2.4 g/t Au, 23 g/t Ag, 1.00% Zn, 0.49 % Pb, 0.08% Cu)

8.1 g/t AuEq over 0.8 m

ETW (2.7 g/t Au, 39 g/t Ag, 7.66% Zn, 1.58 % Pb, 0.15% Cu) in hole

ACD-24-249

in the Mexico Libre vein system

14.3 g/t AuEq over 3.0 m

ETW (8.6 g/t Au, 91 g/t Ag, 6.16% Zn, 1.41 % Pb, 0.40% Cu) in hole

ACD-24-250

in the Mexico Libre vein system

Tim Warman, Atacama's CEO, commented: "The Los Ingleses and Mexico Libre veins have seen very

little drilling to date, so it's especially encouraging to see multiple high-grade intercepts from both these

areas, especially the gold-rich intercepts at Mexico Libre. The current drilling program has been

extremely successful thus far in discovering, defining and extending the higher-grade zones that we've

encountered in all the vein systems we've drilled to date. These multiple higher-grade zones will form the

basis for the underground resource estimate that will follow completion of the 21,000 m drilling program

in Q3 of next year."

Geology and Context of Results

Holes ACD-24-246 and -247 were drilled as part of a seven hole pattern on the Los Ingleses vein

system (Figure 2):

ACD-24-246 encountered a narrow zone of mineralisation beneath previous higher-grade

intercepts in ACD-24-245, as seen on section A-A' (Figures 2 & 3) and defines the base of a

newly discovered high-grade zone open to the east

ACD-24-247 is the most westerly of the recent holes at Los Ingleses and shows one of the best

intercepts to date from this vein, with 7.5 g/t AuEq over 2.8 m ETW. This hole is the only one on this

section, and there is an almost 1.4 km untested gap to the west of ACD-24-247. Mineralisation

remains open both vertically and along strike to the west (Figures 2 & 4) in this second newly

discovered high-grade zone at Los Ingleses.

Holes ACD-24-248, -249 and -250 were drilled as part of a five-hole pattern along approximately 380

metres of strike length on the Mexico Libre vein (Figure 5).

ACD-24-248 encountered a wide zone of high-grade, gold-rich mineralization (7.5 g/t AuEq over

7.5 m ETW) that can be traced for at least 150 m along strike from previous holes ACD-19-121

(17.1 g/t AuEq over 1.5 m ETW) in the west to ACD-19-103 (15.2 g/t AuEq over 3.6 m ETW) in the

east. This drill hole adds confidence to the continuity of this high-grade body, with potential for

additional high-grade bodies along strike. (Figures 5 & 7).

ACD-24-249 was drilled approximately 130 m southwest of ACD-24-248 and intercepted a

narrower zone of high-grade mineralisation (8.1 g/t AuEq over 0.8 m ETW) in the Mexico Libre

vein (Figures 5 & 6). This intercept expands the high-grade body to the west for a total strike length

of over 250 metres.

ACD-24-250 was collared 90 m NE of ACD-24-248 and intercepted 14.3 g/t AuEq over 3.0 m

ETW, demonstrating the continuity of this gold rich zone along strike and adding confidence in the

high-grade body towards its eastern end. (Figures 5 & 8).

The thirty holes completed to date in 2024 have successfully defined a series of continuous higher-grade

zones extending over several hundred vertical metres within the main Guadalupe vein, and now within the

Los Ingleses and Mexico Libre vein systems. These higher-grade zones remain open along strike and at

depth.

The Cristina deposit is an epithermal to mesothermal vein system where the mineralisation is

predominantly gold and silver, with lesser base metal values. At least four known parallel vein zones

trend east-west to northeast-southwest and are hosted in an andesitic volcanic sequence which forms

part of the Lower Volcanic Sequence of the Sierra Madre Occidental range. The andesites are

intercalated locally with dacitic intrusions and related lava flows and breccias, and the sequence is in turn

cut by andesitic and hornblende-plagioclase porphyry following fault trends. In some areas the veins are

covered by post-mineral rhyolite of the Upper Volcanic Sequence.

Figure 1 - Known vein systems and existing drill holes at the Cristina Project

. Resource pit in

Figures 1 through 8 is based on the National Instrument 43-101 compliant report titled "Technical Report

on the Mineral Resource for the Cristina Project" prepared for TCP1 Corporation and Atacama Copper

Corporation by Independent Mining Consultants Inc., with an effective date of January 1, 2023, and issue

date of December 1, 2023.