Episode Details

In this episode, we chat with Patrick Elliot, President and CEO of Forte Minerals Corp, a listed Canadian exploration company committed to maximizing shareholder value through acquiring, exploring, discovering, and developing copper and gold projects in Chile and Peru.

With a geology and mineral economics background, Patrick has over 17 years' experience in mineral exploration and resource sector finance and marketing working extensively throughout North and South America. He specializes in economic resource project evaluation, financial modelling, CAPEX estimation, and mining finance and discusses the history of Forte Minerals, Chile, and Peru as mining jurisdictions, leadership styles and insights, the copper market, and much more.

KEY TAKEAWAYS

• Forte Minerals Corp is a Canadian exploration company focused on copper and gold projects in Chile and Peru. The company aims to maximise shareholder value through acquiring, exploring, and developing these mineral resources.
• With over 17 years of experience in mineral exploration, the team at Forte Minerals has a unique strategy of leveraging a pipeline of pre-vetted copper and gold projects. This approach allows them to advance projects to drill-ready status, primarily targeting large mid-tier and major mining companies.
• Forte Minerals emphasises the importance of community relations in mining. They have developed an in-house social team to ensure consistent engagement with local communities, which is crucial for building trust and facilitating project advancement.
• The current copper market is experiencing supply crunch concerns, and junior miners like Forte are well-positioned to fill this gap. The company has been accumulating properties during downturns, allowing them to attract partners and advance projects when market conditions improve.

BEST MOMENTS

"I think the biggest misconception is that there might be some instability and the communities can be an issue in some of the regions... The largest copper producers in the world have been there for several decades."

"We're not looking to find deposits that we could put into production ourselves... All these targets are for large company targets and we're essentially fuelling their pipeline."

"We brought the social aspect in-house... It's vitally important. Short-term success can be measured with that type of strategy that we've deployed."

"We're finally drilling our high sulfidation Puccarini project... This will be the first time as a public company that we've gone in and drill tested our own targets."

VALUABLE RESOURCES

Mail:        rob@mining-international.org

LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/

X:              https://twitter.com/MiningRobTyson 
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast 

Web:        http://www.mining-international.org

This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer:

• Insurance risk surveys recognised as an industry standard
• Construction risk reviews
• Asset criticality assessments and more

Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com

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