Talamore Mining Corp.
Talamore Mining Corp. (renamed from Fuerte Metals Corp., June 2026) is advancing the Coffee Gold Project, a 700 km2, multi-million-ounce open-pit heap-leach gold deposit 130 km south of Dawson City, Yukon, hosting 3.0 million ounces of gold in Measured & Indicated resource plus 0.8 million ounces Inferred. A 40,000-metre 2026 infill/exploration drilling program (including high-grade results at the Supremo Extension) is feeding a Feasibility Study being run by G Mining Services and WSP, targeted for completion in Q4 2026 and expected to support a production decision as early as Q1 2027.
Notable vs. Peers
- Financials score of 3.3/10 is weaker than the peer average of 5.3/10.
- Trading within 4% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not in place: mill, tailings facility. Not yet determined: road access, grid power.
Jurisdiction (40%)8/10
Yukon: Fraser PPI 2025 is 62.19 of 100 (rank 47 of 68), which maps to 8 on this site's scale. The Coffee gold project is in Yukon, under an established mining code. Yukon has Canadian rule of law, but mining executives rate its policy climate below Canada's leading provinces.
Infrastructure (40%)2.9/10
No confirmed mill and no confirmed tailings facility at Coffee Gold Project, Yukon; road access and grid power not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Manh Choh (Kinross Gold Corporation), 183 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score:9.9/10
Newmont Corporation holds 19% (reported 24 Apr 2026); 1 other producer also on the register See holders
An operating producer's stake scores 8 at 5%, rising to 10 at 20% (the take-over-bid threshold) and holding there up to 50%.
Weight 25% · 34% here - Distance to a producing mineSub-score:0.6/10
Nearest producing mine: Manh Choh (Kinross Gold Corporation), 183 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 31% here - Lifecycle stageSub-score:8/10
Stage: Pre-Feasibility Study
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 20% here - JurisdictionSub-score:8/10
Canada: jurisdiction score 8/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 9% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 6% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer and Director of Talamore Mining Corp. Geologist and mining executive with 30+ years spanning exploration to production; MSc, University of Manitoba; BSc, McMaster University. Career: President & CEO, Fiore Gold Ltd. (2016-2022, Nevada gold producer); Director, Continental Gold Inc. (2010-2018, major Colombian developer, later acquired by Zijin Mining in 2020 after his departure); President, Dalradian Resources Inc. (2012-2015, later sold to Orion Mine Finance in 2018 after his departure); VP Corporate Development, Aurelian Resources Inc. (2006-2008), through its acquisition by Kinross Gold Corp. for C$1.2 billion.
Chief Financial Officer of Talamore Mining Corp., appointed Oct 2025 (then still named Fuerte Metals Corporation, Talamore's own pre-Jun-2026 name). 20-year mining industry veteran; MBA, Dalhousie University; BSc Geology, Acadia University.
Chief Operating Officer of Talamore Mining Corp. Over 20 years in engineering, operations and construction across the mining lifecycle in Canada, the US and Mexico, including executive roles at Excellon Resources and Foran Mining. P.Eng., PMP; BSc Engineering, Dalhousie University; NI 43-101 Qualified Person.
Executive Vice-President, Exploration at Talamore Mining Corp. 45 years of exploration experience in the US, Canada and Latin America; former VP at Goldcorp and Glamis Gold, associated with discoveries totaling over 40 million ounces of gold. MSc, University of Nevada Reno; BA, Wittenberg University.
Vice-President, People & Systems at Talamore Mining Corp. Over 20 years of mining leadership in uranium, base metals and precious metals, with prior roles at Torex Gold, Cameco and Glencore. MBA, B.Eng., PMP.
Vice-President, Environment and Permitting at Talamore Mining Corp. 15+ years of environmental and permitting experience across mining project stages in Yukon and BC, with leadership roles at Newmont, Goldcorp and Capstone Copper. BSc, Royal Roads University; BC P.Ag.
Vice-President, Sustainability and External Relations at Talamore Mining Corp. Nearly 20 years of multi-metallic mining experience, leading environmental and Indigenous engagement programs at Newmont, Goldcorp, Capstone, Kaminak and Yukon Zinc. BSc, University of British Columbia.
Vice President, Mineral Resources at Talamore Mining Corp. Geologist with 15 years spanning grassroots exploration to operating mines; most recently Manager of Geology at Prime Mining Corp. BSc, Montana State University; MSc, University of Utah; CPG designation.
Vice President, Finance at Talamore Mining Corp. Over 25 years of international finance experience, including 15 years at Kinross Gold in senior roles such as VP Treasurer and VP Finance. CPA, CA; Graduate Diploma in Public Accountancy, McGill University.
Corporate Secretary of Talamore Mining Corp. Over 25 years of corporate secretarial, governance and securities compliance experience with public companies, including RIWI Corp., Lumina Copper, Anfield Nickel and Pan American Silver.
Vice President, Coffee Project at Talamore Mining Corp. 25+ years across geology, engineering and operations, including 15 years in northern Canada, with senior roles at Glencore, Agnico Eagle, Capstone, Coeur Mining, Hecla and Newmont. BSc Geology, Université de Montréal; NI 43-101 Qualified Person.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Both Agnico Eagle Mines and Newmont Corporation, two top-tier global gold producers, are confirmed shareholders of 10% or more on a partially-diluted basis -- both cash- or asset-backed. Agnico holds 8.12% non-diluted (11.65% partially diluted) via a October 2025 private placement, under an investor rights agreement letting it participate up to 9.99%. Newmont holds 19% (26,798,474 shares, per the April 2026 circular -- down from an initial ~26% as the share count has grown), received as consideration (common plus preferred shares, automatically converted February 2026) for selling its Coffee gold project to Fuerte/Talamore in October 2025 -- vendor consideration rather than a cash purchase, but a large, disclosed stake from a top-tier producer regardless. Pierre Lassonde holds 11% (15,100,000 shares, same circular) and personally bought stock on the open market; he co-founded Franco-Nevada and is one of the best-known financiers in the gold sector. A July 2026 equity offering closed after this circular and may have shifted both positions further; no primary-source figure post-dates it yet. Two insiders bought on the open market in the past year, though larger insider selling in the same window offsets that buying.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Talamore Mining, renamed from Fuerte Metals in June 2026, is advancing the 100%-owned Coffee Gold Project, an open-pit heap-leach gold deposit 130 km south of Dawson City, Yukon. Its resource (effective 21 August 2025) is 2,957,000 oz of gold in measured and indicated resources (69,000 oz measured, 2,888,000 oz indicated) plus 800,000 oz inferred. The 2026 technical report (effective 27 March 2026) shows an after-tax NPV5% of US$2.2B and a 43.5% IRR at analyst-consensus gold prices (US$3,620/oz from 2030), with initial capital of US$718M (CAD 998.2M), a mine life of about 13 years and an all-in sustaining cost of US$1,386/oz. A feasibility study by G Mining Services and WSP is targeted for Q4 2026, and in July 2026 Talamore secured a construction financing package of up to about C$620M, targeting a construction decision in early 2027.
Talamore Mining's (formerly Fuerte Metals) NI 43-101 technical report for the Coffee Gold Project PEA (Yukon): after-tax NPV5% of US$2.2B and 43.5% IRR at analyst-consensus gold prices, ~13-year mine life.