Welcome to our dedicated page for Fuerte Metals Ord Shs news (Ticker: FUEMF), a resource for investors and traders seeking the latest updates and insights on Fuerte Metals Ord Shs stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fuerte Metals Ord Shs's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fuerte Metals Ord Shs's position in the market.
Fuerte Metals (TSXV: FMT, OTCQB: FUEMF) has announced the results of its annual general and special meeting held on February 18, 2025, in Vancouver. Shareholders approved all proposed matters, including:
- Election of Tim Warman, Charlie Ronkos, Scott Hicks, Colinda Parent, and Shannon McCrae as company directors for the upcoming year
- Appointment of Davidson & Company LLP as company auditors
- Authorization for the board to set auditor remuneration
- Approval of the company's long-term incentive plan as outlined in the Management Information Circular
Fuerte Metals (TSXV: FMT) (OTCQB: FUEMF) has announced the granting of equity-based incentives to its directors, officers, and employees. The company has issued 737,500 stock options exercisable at $0.91 per share until February 3rd, 2030. Additionally, 225,000 Restricted Share Units (RSUs) have been granted, which will vest equally over a three-year period. The options are subject to the Company's Long Term Incentive Plan and TSX Venture Exchange policies.
Fuerte Metals (FUEMF) has reported significant findings from its geophysical survey at the Placeton Project in Chile. The survey identified two undrilled porphyry copper-gold targets - Caballo Muerto and Placeton - situated between world-class deposits of the Nueva Union project.
The Caballo Muerto target features a prominent 900x500m alteration zone with surface samples showing up to 2.6% copper, 284 ppm molybdenum, and 285 ppb gold. The target exhibits strong geophysical signatures, including a well-defined magnetic low and strong chargeability highs, suggesting potential for an El Morro style porphyry copper-gold system.
The Placeton target spans a 1.8km north-south zone with surface samples revealing up to 2.4% copper, 48 ppm molybdenum, and 50 ppb gold. Both targets show compelling evidence of porphyry-style copper-gold systems, with signatures similar to surrounding Nueva Union copper porphyries. The company plans to proceed with drill testing both targets.
Fuerte Metals has reported significant drilling results from its Cristina precious metals project in Chihuahua, Mexico. Key highlights include intercepts of 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 from the Los Ingleses and Mexico Libre vein systems.
The company has completed 30 holes totaling 7,936.5 metres as part of a larger 21,000-metre drill program. The project features multiple outcropping quartz veins over 10 metres wide extending for at least 5 kilometers. The current mineral resource includes Indicated resources of 17.5 Mt at 1.33 g/t AuEq (752,000 gold-equivalent ounces) and Inferred resources of 19.0 Mt at 1.27 g/t AuEq (777,000 gold-equivalent ounces).
Fuerte Metals (FUEMF) reports results from five diamond drill holes at its Cristina precious metals project in Chihuahua, Mexico. Key intercepts from the Los Ingleses vein system include 12.1 g/t AuEq over 1.1m, 8.9 g/t AuEq over 1.2m, and 6.0 g/t AuEq over 2.8m. These are part of a larger 21,000-metre drill program expected to complete in H1 2025. The company has now reported 25 holes totaling 6,976.5 metres. The project features multiple outcropping quartz veins over 10 metres wide extending for 5 kilometers. A new mineral resource estimate focused on underground mining is expected in Q3 2025.
Fuerte Metals Corp. (TSXV: FMT) (OTCQB: FUEMF) announced its participation in the upcoming 121 Mining Investment Conference in London on November 14-15, 2024. Tim Warman will represent the company at the event, which will feature over 150 mining companies and more than 500 investors engaging in pre-arranged 1-2-1 meetings. The conference will provide expert commentary and market intelligence on industry developments. Investors can register for free passes to attend the event.
Fuerte Metals has received approval to trade on the OTCQB Venture Market in the United States under the symbol FUEMF, while maintaining its listing on the TSX Venture Exchange as FMT. The company is currently advancing two main projects: the Cristina precious metals project in Chihuahua, Mexico, where drilling is ongoing, and the Placeton copper porphyry project in Chile, where geophysical survey work has resumed to better define copper-gold porphyry targets. The OTCQB listing requires companies to meet specific financial reporting and price requirements, offering enhanced transparency and improved liquidity for U.S. investors.
