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Fuerte Metals – Transformative Acquisition of the Coffee Gold Project from Newmont

Cory
October 6, 2025

 

In this KE Report Company Update, Tim Warman, CEO of Fuerte Metals (TSX.V:FMT – OTC:FUEMF), outlines the company’s transformational acquisition of the Coffee Gold Project in the Yukon from Newmont (NYSE: NEM) – a project boasting 3Moz M&I and 0.8Moz inferred gold.

 

Highlights:

 

  • Deal Structure: US$10M cash + US$40M equity, with a US$100M NSR buyback post-production.

  • Advanced Asset: Over 200,000m drilled, extensive engineering and permitting already complete.

  • Development Path: PEA in Q1 2026, Feasibility Study by year-end 2026.

  • Infrastructure Ready: The site hosts significant infrastructure – a fleet of haul trucks, excavators, and dozers.

  • Permitting: Environmental approvals secured; key Yukon licenses expected next year.

  • Broader Portfolio: Beyond Coffee, Fuerte continues to advance its Chile copper-gold porphyry project through potential partnerships and is updating the resource at its Mexican gold project.

 

Click here to visit the Fuerte Metals website to learn more about the Company. 

 


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