Forge Resources Corp. Stock Price, News & Analysis

Forge Resources (OTCQB: FRGGF) reported on November 28, 2025 that remaining assays from drill hole ALT-25-012 and holes ALT-25-013 to ALT-25-015 are still pending due to laboratory backlogs from heavy seasonal sample volumes.

Selected rush fire-gold assays from ALT-25-012 at the Payoff Zone returned a composited 45.01 g/t Au over 3.15 m (starting 286.0 m), which includes a previously reported 105 g/t Au over 1.25 m (starting 287.15 m). Remaining gold and multi-element analyses are expected in the coming weeks and the company will update as results become available. All intervals reported are drilled core lengths; additional drilling is required to establish true widths.

Forge Resources (OTCQB: FRGGF) reported rushed gold assays from Phase 2 drilling at the Alotta Project, Yukon, including 45.01 g/t Au over 3.15 m starting at 286.0 m in hole ALT-25-012.

The composite interval includes reported high-grade subintervals of 58.93 g/t Au over 2.40 m and 105 g/t Au over 1.25 m. Phase 2 drilled 1,262.75 m in 4 holes. The mineralized footprint remains open and is estimated at ~4 km by 1 km. Multi-element results and remaining assays are still pending; intervals reported are core lengths and require additional drilling to determine true widths.

Forge Resources (OTCQB: FRGGF | CSE: FRG) reported the first Phase 2 assay from Alotta: 105 g/t Au over 1.25 m from drill hole ALT-25-012 in the Payoff Zone. The Company completed 1,262.75 m of diamond drilling in four holes during Phase 2 and is testing a ~500 m inferred strike within a 2,000 x 500 m IP chargeability anomaly. Numerous visible-gold-bearing quartz and polymetallic sulphide veins were logged; many assays remain pending due to lab delays. QA/QC and fire-assay screen protocols were applied and results reported passed QA/QC.

Forge Resources (OTCQB: FRGGF) reports updated metallic gold screen assays from the Payoff Zone at Alotta, Yukon, and completion of Phase II drilling (Oct 15, 2025). Re-analysis of select samples from holes ALT-25-008 and ALT-25-009 shows consistent grade increases from metallic screening, including a 39% increase in ALT-25-009 (173.08–181.7 m) to 1.08 g/t Au.

Key intercepts: ALT-25-008 – 145.21 m @ 0.407 g/t Au (incl. 118 m @ 0.465 g/t Au; 20.49 m @ 0.928 g/t Au). ALT-25-009 – 53.22 m @ 0.481 g/t Au (incl. 32.56 m @ 0.57 g/t Au; 8.61 m @ 1.08 g/t Au). Drilling expanded the mineralized footprint to >350 m strike and ~200 m width; mineralization remains open. The company also issued 1,250,000 stock options (750,000 to insiders).

Forge Resources (OTCQB: FRGGF) has reported significant findings from its Phase II drilling program at the Alotta gold-copper porphyry property in Yukon. The first diamond drill hole, ALT-25-012, intersected multiple instances of visible gold in a sulphide-rich quartz vein, extending the Payoff Zone's known strike length to 500 meters.

The drill hole, located 200 meters west of previous drilling, encountered widespread quartz-sulphide veining consistent with gold-bearing vein and porphyry-style mineralization. The company has begun drilling at the previously unexplored Alimony Target, situated 800 meters northwest of the Payoff Zone, featuring a 300 x 500 gold and molybdenum soil anomaly.

Forge Resources (OTCQB: FRGGF) reported significant progress at its La Estrella Coal Project in Colombia, marked by the arrival of a new Panzer conveyor system and advancement in camp construction. The company has completed 85% of its initial mining camps, featuring 12 rooms capable of housing over 24 personnel.

The company also announced the closing of a flow-through private placement, raising gross proceeds of $500,000.60 through the issuance of 909,092 units at $0.55 per unit. Each unit includes one flow-through common share and a half warrant exercisable at $0.70 for 36 months.

The mining camp infrastructure includes dedicated sanitary units and foundations designed for future expansion. Additionally, a Mechanical Station is under construction to house energy generation systems and pneumatic compressors, supporting the project's automated operations.

Forge Resources (OTCQB: FRGGF) has announced a Phase 2 diamond drill program at its Alotta Project in Yukon, comprising 2,100 metres across 7 holes. The program, scheduled to begin September 20, 2025, follows successful Phase 1 drilling that confirmed gold-bearing porphyry-style mineralization.

The company has completed 11 diamond drill holes totaling 4,081.91m since 2023, with all holes encountering gold, copper, and molybdenum mineralization. The Alotta Property is strategically located 40km south of Western Copper's Casino Deposit.

Additionally, Forge has closed the first tranche of its flow-through private placement, raising $775,001.15 through issuing 1,409,093 units at $0.55 per unit. A second tranche offering up to 909,090 units for $500,000 is expected to close around September 24, 2025.

Forge Resources (OTCQB: FRGGF) reported significant progress at its La Estrella Coal Project in Colombia, achieving 55% completion of initial mining camps. The company announced three key developments: construction of 12-room camps accommodating 24 people, development of a new Mechanical Station for power generation, and hiring of Mining Engineer Claudia Patricia Gutiérrez Santamaría as third-shift boss.

Additionally, Forge announced a flow-through private placement of up to $1,000,000 at $0.55 per Unit, with each unit including one flow-through share and half a warrant exercisable at $0.70. The company's subsidiary, Aion Mining Corp., plans to sell up to 5,984,750 common shares of Forge, with proceeds supporting the La Estrella project development.

Forge Resources (OTCQB: FRGGF) announced final assay results from its Phase 1 diamond drilling program at the Alotta property, revealing consistent gold mineralization across all drill holes. The company completed 1,422.91 meters of drilling across 5 holes in 2025, bringing the total to 11 drill holes since 2023.

Key findings include significant mineralization at the Severance Zone, where hole ALT-25-011 yielded 30.59m grading 0.339 g/t Au, 59.97m grading 0.346 g/t Au, and 52.27m grading 0.247 g/t Au. Hole ALT-25-010 returned 31.71m grading 0.361 g/t Au. The company plans to commence Phase 2 drilling in September to test the Commission and Alimony targets.

The Alotta property, comprising 230 mineral claims covering 4,723 hectares, is strategically located near Western Copper and Gold's Casino deposit, one of the world's largest undeveloped copper-gold porphyry projects.