Forge Resources Corp.

FRG

CA34630Q1090

Diversified Mining

Market Closed - Canadian Securities Exchange Other stock markets 15:52:27 2026-04-10 EDT			5-day change	1st Jan Change
0.4600 ^CAD	+5.75%		-2.13%	-17.86%

03-27	Forge Resources Announces Initial Closing Of Its "Best Efforts" Private Placement Offering	MT
02-17	Forge Resources Corp. announced that it expects to receive CAD 10.00004 million in funding	CI

Forge Resources Announces Proposed 4000- Metre Diamond Drill Program At Alotta Project, Yukon

Published on 04/16/2025 at 07:07 am EDT

S&P Capital IQ

FORGE RESOURCES CORP.

+5.75%

Forge Resources Corp. announced a proposed diamond drill program comprised of up to 4,000 metres across approximately 12 drill holes with ranging from 300 to 350 metres. This initiative aims to test step-outs on previously identified mineralization in the Payoff Zone and explore untested coincident geophysical and geochemical anomalies across targeted areas The Alotta Property is located approximately 40 kilometers south of Western Copper's Casino Deposit- one of the largest undeveloped gold-copper porphyry deposits globally.

Geochemical and geophysical surveys at Alotta have outlined several prospective targets larger than the current Casino resource area. Similar to the Casino project, the Alotta hosts multi-phased intrusions of the Dawson Range dating back to the Late Cretaceous period. Results of Previous Exploration and Mineralization: To date, Forge Resources has completed six widely spaced diamond drill holes, totaling 2,659 metres.

All holes encountered significant gold, copper, and molybdenum mineralization typically associated with quartz-sericite-pyrite alteration within semi-crowded to crowded quartz-plagioclase porphyry. Mineralization includes disseminated and fracture-controlled pyrite, pyrrhotite, along with minor chalcopyrite and molybdenite linked to quartz veins and micro-veins. Compilation of prior drilling data indicates potentially economic mineralization correlated with coincident induced polarization, chargeability highs, moderate-to-high resistivities, and magnetic lows.

Proposed Exploration Program for Spring/Summer 2025: The Forge technical team, in collaboration with Archer Cathro and Associates, has designed a spring/summer exploration program of up to 4000 metres of diamond drilling, across approximately 12 proposed holes ranging from 300 to 350 metres. The majority of these will focus on step-outs within the Payoff Zone and untested coincident geophysical and geochemical anomalies over a 4 km by 1 km area. This exploration effort is propelled by record-high gold prices, creating a surge of activity in gold exploration projects globally.

Latest news about Forge Resources Corp.

03-27	Forge Resources Announces Initial Closing Of Its "Best Efforts" Private Placement Offering	MT
02-17	Forge Resources Corp. announced that it expects to receive CAD 10.00004 million in funding	CI
01-29	Forge Resources Corp. Reports Earnings Results for the First Quarter Ended November 30, 2025	CI
01-15	Forge Resources Corp. Reports Results Of 2025 Exploration Program And Advances Discoveries At Alotta Project, Yukon	CI
12-24	Forge Resources Corp. Reports Earnings Results for the Full Year Ended August 31, 2025	CI
12-23	Forge Resources Corp. Auditor Raises 'Going Concern' Doubt	CI
12-16	Forge Resources Corp. Announces Full Gold Assay Results from Drill Hole Alt-25-012 At the Payoff Zone	CI
11-28	Forge Resources Corp. Reports Remaining Assays Still Pending from Phase 2 of 2025 Drill Program	CI
11-20	Forge Resources Corp. Announces Additional Gold Assay Results from the Phase 2 Diamond Drill Program	CI
11-17	Forge Resources Corp. Announces the First Gold Assay Results from the Phase 2 Diamond Drill Program At Alotta	CI
25-10-15	Forge Resources Corp. Reports Increased Gold Screen Assay Results from Payoff Zone At Alotta Project, Yukon	CI
25-09-30	Forge Resources Corp. Intersects Additional Visible Gold in First Hole of Phase II Alotta Drill Program, Yukon	CI
25-09-24	Forge Resources Advances La Estrella Coal Project and Raises $0.5 Million in a Private Placement	MT
25-09-24	Forge Resources Advances La Estrella Coal Project with Key Heavy Equipment for Automated Operations	CI
25-09-23	Forge Resources Corp. announced that it has received CAD 1.275002 million in funding	CI

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Company Profile

Forge Resources Corp. is a Canadian junior exploration company. The Company is focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located approximately 50 kilometers (km) south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada. The Alotta Property consists of about 74 mineral claims that cover over 1550 hectares along the Dawson Range, Yukon. The Alotta Project hosts an un-drilled porphyry prospect that is situated in a similar geological setting and in close proximity to Western Copper and Gold's Casino Deposit. In addition, the Company holds a 40% interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. La Estrella coal project is a fully permitted, coking and thermal coal project. The project contains eight known seams of metallurgical and thermal coal.

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Diversified Mining

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