Fuerte Partners With G Mining Services & WSP for Coffee Gold Project Studies, Engineering and Mine Construction
Fuerte Partners With G Mining Services &
WSP for Coffee Gold Project Studies,
Engineering and Mine Construction
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Fuerte Metals Corporation
(TSXV: FMT) (OTCQB: FUEMF) ("
Fuerte
" or the "
Company
") is pleased to announce a partnership
with G Mining Services ("GMS") to produce a Feasibility Study ("FS"), perform preliminary engineering
for critical-path items, and lead the eventual mine construction for its 100%-owned Coffee Gold project in
Canada's Yukon Territory. Fuerte has also engaged WSP to complete a Preliminary Economic
Assessment ("PEA") for the project. The PEA and FS studies will run in parallel, with the PEA providing
a first look at the project design underpinning the value of the project with completion of the study
anticipated in Q1 of 2026. The FS, anticipated in Q4 2026, will present a well defined economic and
technical analysis that will form the basis for a production decision that could be made as early as Q1 of
2027. Fuerte's project team will coordinate with GMS and WSP to ensure alignment between the two
studies.
Tim Warman, President and CEO of Fuerte, commented, "We are extremely pleased to be working with
GMS and WSP as we advance the Coffee Gold project towards a construction decision in 2027. We
intend to leverage the extensive drilling, test work and engineering that was carried out by previous
project owners as we work to complete the PEA in short order. The subsequent FS led by GMS will form
the basis for project finance discussions and their scope of work also includes required engineering to
support procurement of long-lead and critical path items as well as construction supervision for an
extensive program of permitted advanced exploration activities at site, and for the Northern Access
Route once permits are in hand. Fuerte and GMS have also signed a Memorandum of Understanding for
GMS to lead the eventual mine construction, subject to a positive construction decision and the receipt of
the remaining permits. GMS has a stellar reputation in the mining industry, and we are confident they are
the right partner to help us achieve a successful outcome for the Coffee Gold project, with a strong focus
on safety and environmental protection."
Mathieu Gignac, President of G Mining, commented, "Since 2014, GMS has been in continuous
construction of successful mining projects. Our team has pioneered and fine-tuned the Integrated Project
Management approach to deliver responsible projects that create value for shareholders and
stakeholders. We are thrilled to mobilize to the Yukon to join the Fuerte Metals project team that is
responsible for delivering the Coffee Gold Project. We remain committed to safety, collaboration, and
project execution excellence, ensuring that we contribute to the success of the project and of the
communities we work with."
GMS was founded in 2006 and has grown into a renowned mine development firm specializing in both
underground and open-pit precious and base metal projects. The company offers a comprehensive suite
of services across all mining disciplines, as well as the industrial construction expertise required to
develop and support successful mining operations. With extensive project experience in Canada and
internationally, GMS has built a strong track record of delivering fit-for-purpose projects safely, on or
under budget, and on or ahead of schedule. Notable achievements include the successful construction of
Lundin Gold's Fruta del Norte Project in Ecuador; delivering Newmont Mining's Merian Mine in Suriname
below budget and ahead of schedule; overseeing project construction of the Greenstone Project in
Ontario; and partnering with G Mining Ventures to successfully build the Tocantinzinho Mine in Brazil.
GMS continues to expand its portfolio with its current involvement in the Oko West Project in Guyana and
the McIlvenna Bay Project in northern Saskatchewan.
WSP is one of the world's leading professional services firms, uniting its engineering, advisory and
science-based expertise to shape communities to advance humanity. From local beginnings to a globe-
spanning presence today, WSP operates in over 50 countries and employs approximately 73,000
professionals. Together they pioneer solutions and deliver innovative projects in the transportation,
infrastructure, environment, building, energy, water, and mining and metals sectors.
WSP will be
managing the PEA from its Whitehorse office, leveraging its knowledge of the local community, costs,
and infrastructure.
About Fuerte Metals Corporation
Fuerte Metals is a Canadian exploration and development company focused on advancing high-
potential precious metals and base metals projects across the Americas. Our flagship asset is the
100%-owned Coffee Project in the Yukon, Canada - a high-quality gold project advancing through the
final stages of permitting, engineering, and resource expansion drilling in preparation for a construction
decision. Coffee hosts 3.0 million ounces of open-pit heap-leach Measured and Indicated Resource and
an Inferred Resource of 0.8 million ounces. We respectfully acknowledge that protection of the water and
lands around the Coffee Creek and mine project area is of high importance to First Nations. Through
cooperation, transparency, and respect, we pledge to continue to build on relationships with Tr'ondëk
Hwëch'in, White River First Nation, Selkirk First Nation, and the First Nation of Na-Cho Nyäk Dun, whose
Traditional Territories overlap or partially overlap with the project access road, and areas where
exploration and mining activities may occur. In addition to Coffee, Fuerte holds a portfolio of copper and
gold assets, including the Placeton-Caballo Muerto Project in Chile and the Cristina and Yecora Projects
in Mexico, offering additional growth and exploration upside. At Fuerte, we are committed to building
value through disciplined project development, responsible stewardship of the land, a safety-focused
culture, and creating long-term returns for shareholders.
Qualified Person
Alan J. San Martin, P.Eng. and Charley Murahwi, P.Geo. from Micon International Limited are the
Qualified Persons (QPs) who prepared the Coffee Gold Project Mineral Resource Estimate, as detailed
in the technical report titled "NI 43-101 Technical Report for the 2025 Mineral Resource Estimate Update
on the Coffee Gold Project, Yukon, Canada" with an effective date of August 21, 2025. Micon
International Limited is "independent" of Fuerte as defined by Section 1.5 of NI 43-101. The Coffee
Technical Report is available on the Company's website at
www.fuertemetals.com
and on SEDAR+ at
www.sedarplus.ca
.
Additional Information
For more information, please contact:
Tim Warman, Chief Executive Officer and Director
Fuerte Metals Corporation
Email:
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking information" and "forward-looking statements"
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national and local government, legislation, taxation, controls, regulations and political or economic
developments; risks and hazards associated with the business of mineral exploration, development
and mining (including environmental hazards, industrial accidents, unusual or unexpected formations
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the presence of laws and regulations that may impose restrictions on mining; employee relations;
relationships with and claims by local communities and indigenous populations; availability of and
increasing costs associated with mining inputs and labour; the speculative nature of mineral
exploration and development (including the risks of obtaining necessary licenses, permits and
approvals from government authorities); and title to properties.
There can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should
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obligation to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
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