CUAU:CC - Forte Minerals Acquires the Alto Ruri Epithermal Gold Prospect Near Barrick’s Pierina Mine in Central Perú

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Forte MineralsCorp . ( “ Forte ” or the “ Company ” ) ( CSE:CUAU ) ( OTQB:FOMNF ) ( Frankfurt:2OA ), has finalized the acquisition of the Alto Rurihigh sulphidation epithermal gold (“ Au ”) prospect and theCerro Quillo porphyry Au-copper (“ Cu ”)-molybdenum(“ Mo ”) prospect from its strategic partner GlobetrottersResource Group Inc. (“ GlobeTrotters ”). Both are situated ona contiguous 4700 ha block of concessions that were initially acquiredby Globetrotters from Compañía Minera Ares S.A.C.(“ Ares ”) in exchange for a 1.0% NSR royalty interest. Theseconcessions were transferred to Forte’s Peruvian subsidiary,Cordillera Resources Perú S.A.C., in exchange for a one-time cashpayment of US$25,000.

The Alto Ruri prospect was drill tested by Compañía de MinasBuenaventura (“ Buenaventura ”) in 1997 who completed atwo-stage, 12-hole drill program that included eight (8) NQ core and afour (4) reverse circulation (“ RC ”) drill holes totalling2254.5 m. GlobeTrotters’ then subsidiary Rio Marañon MineralsS.A.C. (“ Rio Marañon ”) re-analysed portions of the corefrom the eight (8) diamond drill holes in 2011 with hole 001-97returning significant Au values averaging 2.55 g/t Au over 131 mstarting from surface, including 54 m of 5.39 g/t Au ¹ (Tables 1 and 2). The Au mineralization is associated with the vuggysilica replacement of quartz-clay altered volcanoclastic rocks typicalof high sulphidation epithermal Au alteration (Figure 2) but truewidths are unknown.

Table 1: Assay resultsfrom diamond drill hole 001-97 at Alto Ruri.

The Cerro Quillo prospect was drill tested by AngloAmerican Exploration Perú S.A. in 2004 who completed a nine (9) holeRC drill program for a total of 2684.90 m. The holes were drilled inthe vicinity of the Cerro Quillo Porphyry Complex located three (3) kmto the west of Alto Ruri. The historical assay results from hole 003-Qreturning 200 m of 0.49 g/t Au, 0.09% Cu, and 0.007% Mo but truewidths are unknown (Table 2). The Cerro Quillo Porphyry Complex is aseries of mineralized diorite porphyry dikes intruding Miocene agedintermediate to felsic volcanic and volcanoclastic rocks. The systemis potassic altered with secondary biotite alteration, A-type andB-type veins, and local magnetite stringers overprinted by a larger2.5 km x 1.5 km phyllic-argillic alteration zone comprised ofpervasive sericite-clay alteration, D-type veins and locallydisseminated tourmaline.

Table 2: Reported drillhole collar information (WGS84 Zone 18S).

The original source of the historical assay results in RC drillhole 003-Q is from a 2011 technical report prepared by Rio Marañon.The information suggests that porphyry Au-Cu-Mo mineralization may bepresent in this area. The rock chip and geochemical sample rejectmaterials from 003-Q are no longer available for re-assaying purposes.For that reasons, the historical Au assay results from RC drill hole003-Q have not been verified by the Company.

The Project is locatedjust 15 km due south of the Pierina Au Mine (“ Pierina ”)owned by Barrick Gold Corp in central Perú which has produced over 8million ounces (“ Oz ”) of Au since commercial production in1999 (Figure 1). As with Pierina, these prospects are situated alongthe Cordillera Negra and associated with Miocene aged volcanic andvolcanoclastic rocks forming part of the Tertiary Volcanic Arc whichis known to host several large Miocene aged epithermal Au depositsincluding Newmont’s (Minas Buenaventura-Sumitomo) Yanacocha andMinas Congas deposits as well as several large Miocene aged porphyryCu-Mo-(+Au) deposits including Chinalco’s Toromocho, SouthernCopper’s Michiquillay and Rio Tinto’s (First Quantum Minerals) LaGranja deposits.

Patrick Elliott, President, and CEO, remarked, "Thisacquisition is a strategic win for Forte, thanks to the decade-longpersistence and determination of our partner, Globetrotters, insecuring these prospects. Both lie in the highly prospective TertiaryVolcanic Arc of north-central Peru. This region actively hosts some ofSouth America's largest epithermal Au and porphyry Cu-Mo-Audeposits. Adding these assets to our portfolio enhances our copper andgold asset base. It significantly mitigates the risks associated withthe early stages of exploration and discovery in a premier miningjurisdiction."

Exploration Manager, Manuel Montoya comments, “ Both theAlto Ruri and Cerro Quillo prospects exhibit large zones of intensehydrothermal alteration and mineralization similar to other largeMiocene aged epithermal Au and porphyry Cu-Mo-Au deposits that occurin this prolific mineral belt. The results from the historicaldrilling on both prospects were very encouraging with significant Auvalues returned over sizeable widths. We are excited to hopefullycontinue advancing this project with further drilling .”

Additionally, asGlobeTrotters is the beneficial owner of more than 10% of Forte’soutstanding shares, it is a “related party” to the Company withinthe meaning of Multilateral Instrument 61-101- Protection of MinoritySecurity Holders in Special Transactions ("MI 61-101"). Assuch, the acquisition of the Alto Ruri prospect and the Cerro Quilloprospect constitutes a "related party transaction" within themeaning of MI 61-101.

TheCompany has relied on exemptions from formal valuation and theminority shareholder approval requirements of MI 61-101 found insections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value ofthe transaction does not constitute more than the 25% of theCompany’s market capitalization.

QUALIFIED PERSON and NI 43-101DISCLOSURE

Richard Osmond, P.Geo., is the Company’s Qualified Person(“ Qualified Person ”) as defined by National Instrument43-101 and has reviewed and approved the technical informationcontained in this news release.

REFERENCE TO HISTORICAL DATA

1. The data disclosedin this news release is related to historical drilling results. Fortehas not undertaken any independent investigation of the sampling, norhas it independently analyzed the results of the historicalexploration work in order to verify the results. Forte considers thesehistorical drill results relevant as the Company considers this datato be a significant indication of the exploration potential of theAlto Ruri and Cerro Quillo prospects. Any future exploration work bythe Company's will include the verification of the historical datathrough drilling. Rio Marañon supervised the historical geochemicalsampling of portions of the drill core from the eight (8) diamonddrill holes completed by Buenaventura at Alto Ruri. The core waslogged and sampled by Rio Marañon at a secure storage facilitylocated 27 km to the southeast of Lima, Perú where the core iscurrently stored. The individual core samples collected for analysisranged in length from 0.5 m to 10.20 m averaging of 1.94 m and wherepreviously sampled by Buenaventura, the core was quarter cut using arotary diamond blade saw. The samples were then sealed at the storagefacility and transported to ALS Peru S.A.C. (“ ALS ”) anindependent analytical laboratory in Lima. ALS analyzed the samples byfire assay on a 30-gram sample with an AAS finish (Au-AA23). Where theAu-AA23 analysis returned greater than 10 ppm Au, a 30-gram split wasreanalysed by fire assay fusion with a gravimetric finish (Au-GRA21).In addition to ALS laboratory protocols, Rio Marañon employed aninternal QA/QC program that included the insertion of referencestandards (source unknown) on site and is not aware of any drilling,sampling, recovery, or other factors that could have materiallyaffected the accuracy or reliability of the data reported. TheQualified Person has reviewed the technical data and the originalassay certificate provided by ALS and has verified theseresults.

ABOUT FORTEMINERALS CORP

Forte Minerals Corp., a junior exploration company that hasblended assets in partnership with GlobeTrottersResources Perú S.A.C., has built a robust portfolio ofhigh-quality Cu and Au assets in Perú. The Company aims to generatesignificant value growth by strategically situating early-stage anddrill-ready targets alongside a historically discovered and drilledporphyry system for Cu and Au resource development. Notwithstandingits resource focus, Forte is deeply committed to community engagement,environmental stewardship, and fulfilling its societalresponsibilities.

On behalf of FORTE MINERALS CORP.

(signed) “ Patrick Elliott”

Chief Executive Officer

For furtherinformation, please contact:

Forte Minerals Corp.

office: 604-983-8847

info@forteminerals.co m

www.forteminerals.com

Certain statements included in this pressrelease constitute forward-looking information or statements(collectively, “forward-looking statements”), including thoseidentified by the expressions “anticipate”, “believe”,“plan”, “estimate”, “expect”, “intend”, “may”,“should” and similar expressions to the extent they relate to theCompany or its management. The forward-looking statements are nothistorical facts but reflect current expectations regarding futureresults or events. This press release contains forward lookingstatements. These forward-looking statements and information reflectmanagement's current beliefs and are based on assumptions made byand information currently available to the company with respect to thematter described in this new release. Forward-looking statementsinvolve risks and uncertainties, which are based on currentexpectations as of the date of this release and subject to known andunknown risks and uncertainties that could cause actual results todiffer materially from those expressed or implied by such statements.Additional information about these assumptions and risks anduncertainties is contained under "Risk Factors andUncertainties" in the Company's latest management’sdiscussion and analysis, which is available under the Company'sSEDAR+ profile at www.sedarplus.ca, and in other filings that theCompany has made and may make with applicable securities authoritiesin the future..

Forward-looking statements are not a guarantee of futureperformance and involve risks, uncertainties and assumptions which aredifficult to predict. Factors that could cause the actual results todiffer materially from those in forward-looking statements include thecontinued availability of capital and financing, and general economic,market or business conditions. Forward-looking statements contained inthis press release are expressly qualified by this cautionarystatement. These statements should not be read as guarantees of futureperformance or results. Such statements involve known and unknownrisks, uncertainties and other factors that may cause actual results,performance or achievements to be materially different from thoseimplied by such statements. Although such statements are based onmanagement's reasonable assumptions, there can be no assurancethat the statements will prove to be accurate or that management’sexpectations or estimates of future developments, circumstances orresults will materialize. The Company assumes no responsibility toupdate or revise forward-looking information to reflect new events orcircumstances unless required by law. Readers should not place unduereliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange(the “CSE”) nor its Regulation Services Provider (as that term isdefined in the policies of the CSE) accepts responsibility for theadequacy or accuracy of this release.

ContactDetails

Patrick Elliott, President & CEO

+1604-983-8847

info@forteminerals.com

CompanyWebsite

https://forteminerals.com/

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