Mining Stock Daily Fuerte Metals Enters Yukon with the Acquisition of the Coffee Project
Nov 13, 2025
Tim Warman, CEO of Fuerte Metals, shares insights on the company's recent acquisition of the Coffee gold project in Yukon from Newmont. He explains the reasons behind the purchase, emphasizing Coffee's high-grade open-pit economics. The discussion covers Fuerte's community engagement strategies, particularly with local First Nations, and their plans for a successful drilling program to enhance resource estimates. Warman also outlines the company's path to feasibility and permitting, aiming for a construction decision by 2027.
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From Casual Look To Full Commitment
- Tim Warman only intended to look at Coffee casually but kept finding positives as the team investigated further.
- They ended up deciding they wanted to own the project after repeatedly failing to find fatal flaws.
High Grade Enables Robust Design
- Coffee's average grade (~1.15 g/t) makes it one of the highest-grade open-pit development projects globally.
- Higher grade gives design flexibility and helps avoid marginal economics that have hurt other Yukon projects.
Time Announcements With Market Momentum
- Time your financing and deal announcements to market events where investor appetite is high.
- Forte saw very strong investor demand by announcing at the Denver Gold Show amid rising gold prices.