Fuerte Metals Corporation reported results from the most recent five holes of a diamond drilling program at its wholly-owned Cristina precious metals project in southwestern Chihuahua State, Mexico. Fuerte has now reported twenty-five holes totalling 6,976.5 metres of drilling as part of a 40-50 hole, 21,000 metre drill program. The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 metres in width and extend for at least a five-kilometre strike length.

Four parallel mineralized vein zones have been mapped and sampled to date, with most of the existing mineral resource estimate at Cristina contained within only one of the vein zones, the Guadalupe vein. These latest results are widely spaced, expansion holes from a new vein area called the Los Ingleses vein system, approximately 2 km to the north of the Guadalupe vein system, drilled to identify higher grade trends within this vein. These intercepts are in the range of one kilometre lower in elevation from the surface of the Guadalupe vein which hosts the bulk of the current resource.

Highlights of the holes reported here, all from the Los Ingleses vein system, include: 12.1 g/t AuEq over 1.1 m estimated true width (3.4 g/t Au, 150 g/t Ag, 4.80% Zn, 8.49% Pb and 0.21% Cu) in hole ACD24-245. 8.9 g/t AuEq over 1.2 m estimate true width (8.6 g/t Au, 21 g/t Ag, and 0.12% Pb) in hole ACD24- 242. This 1.2 m wide intercept occurs within a broader mineralized zone measuring 1.7 g/t AuEq over 10.5 m estimated true width (1.4 g/t Au, 19 g/t Ag, and 0.10% Pb).

6.0 g/t AuEq over 2.8 m estimated true width (1.2 g/t Au, 88 g/t Ag, 5.02% Zn, 1.47 % Pb, 0.24% Cu), also in hole ACD24-242. The current 21,000 m drilling program at Cristina is expected to continue through the winter and wrap up in the first half of 2025 and will be followed by a new mineral resource estimate based on underground mining expected in third quarter of 2025. Geology and Context of Results: All five holes reported here were drilled over an approximately 160 m strike length and 100 metres vertical spacing in three cross sections on the Los Ingleses vein system: ACD24-241 identified two high-grade intercepts near the base of the hole, as seen on section A-A'.

This hole is the shallow eastern-most hole drilled to cross the vein 100 metres below the surface and shows good grade open to the east. Surface samples also showed good grades above these drill hole intercepts. ACD24-242 cut a zone of shallow, high-grade mineralization (8.9 g/t AuEq over 1.2 m est.

true width) and extended the two high-grade veins another 100 metres further down dip beneath ACD24-241, as seen on section A-A'. These multiple vein intercepts indicate apotential vertical continuity of over 200 metres of high-grade, are wider at depth and open for expansion. ACD24-243 and 244 show a wide low-grade zone near the surface and extend the high-grade zones seen in holes 241 and 242 approximately 160 m to the west along strike, as seen in the plan view maps and section B-B'.

The high-grade intercepts indicate a potential vertical continuity from surface sampling of nearly 150 metres and with drill holes ACD24-241 and ACD24- 242 define a shallow plunge direction to the east, similar to what has been identified in the Guadalupe veins.ACD24-245 is a shallow hole half-way between the two sections cut by the first four holes and encountered several high-grade, near surface vein intercepts, and demonstrated shallow wide lower grade vein continuity between the section on the west side as seen on the plan view maps and section C-C'. Hole ACD24-246 on this section is awaiting assays and will help confirm the plunge direction of the high-grade zone. The twenty-five holes completed to date have successfully defined a series of continuous higher-grade zones extending over several hundred vertical metres within the main Guadalupe vein, and now within the parallel Los Ingleses vein system.

These higher-grade zones remain open along strike and at depth. The Cristina deposit is an epithermal to mesothermal vein system where the mineralization is predominantly gold and silver, with lesser base metal values. At least four known parallel vein zones trend east-west to northeast-southwest and are hosted in an andesitic volcanic sequence which forms part of the Lower Volcanic Sequence of the Sierra Madre Occidental range.

The andesites are intercalated locally with dacitic intrusions and related lava flows and breccias, and the sequence is in turn cut by andesitic and hornblende-plagioclase porphyry following fault trends. In some areas the veins are covered by post-mineral rhyolite of the Upper Volcanic Sequence. The goal of targeting the higher-grade zones within the main Guadalupe Vein, as well as other high- grade veins in the area, is to both increase the size and the grade of the resource and demonstrate the underground resource potential at Cristina.

The current, primarily open-pit mineral resource estimate comprises: Indicated resources of 17. 5 Mt at 0. 51 g/t gold, 33. 8 g/t silver, 0. 47% zinc, 0. 19% lead and 0. 04% copper (1. 33 g/t AuEq grade), for a contained 752,000 gold-equivalent ounces.

Inferred resources of 19. 0 Mt at 0. 51 g/t gold, 27. 5 g/t silver, 0. 50% zinc, 0. 19% lead and 0. 05% copper (1. 27 g/t AuEq grade), for a contained 777,000 gold-equivalent ounces.

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.