Fuerte Metals: On Track to Become Yukon’s Next Gold Producer
With a large resource base, strong financial backing, and infrastructure development underway, Fuerte is advancing toward potential production.
Fuerte Metals is advancing the Coffee Project in Yukon, a past Newmont asset with approximately 3 million ounces of measured and indicated gold resources and additional inferred ounces. Backed by established mining investors and a positive preliminary economic assessment, the company is focused on infrastructure and development work with a potential production timeline targeting 2029.
Fuerte Metals was formed with a specific objective: to acquire and advance a development-stage gold asset supported by experienced leadership and strong financial backing. In 2025, the company acquired the Coffee Project in Yukon from Newmont, bringing new ownership and focus to a project that has already seen significant historical investment.
The Coffee Project spans a large, contiguous land package in a well-known gold-producing region of Yukon. Within this broader land position, the defined resource currently represents only a portion of the total area, suggesting additional exploration potential beyond the existing deposit. The project hosts approximately 3 million ounces of measured and indicated gold resources, along with an additional 800,000 ounces inferred.
A key component of the investment case is the level of prior development. The asset has benefited from approximately $300 million in historical investment, which has advanced engineering, economic studies, and project understanding. A positive preliminary economic assessment provides a framework for moving toward construction, reducing some of the early-stage uncertainty typically associated with exploration projects.
Fuerte’s near-term focus is on preparing the project for construction. Planned work includes infrastructure development such as upgrading air access, establishing a construction camp, and completing a critical access road that will support both the build phase and future operations. Management has outlined a potential timeline that could see first gold production by 2029, subject to permitting and execution.
For more information on Fuerte Metals (TSX.V: FMT, OTCQB: FUEMF)
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