Forge Resources Intersects Additional Visible Gold in First Hole of Phase II Alotta Drill Program, Yukon
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) ha riportato risultati significativi dal suo programma di perforazione di fase II sulla proprietà porfirica d'oro-rame Alotta in Yukon. Il primo foro di perforazione diamantata, ALT-25-012, ha intersecato molteplici tracce di oro visibile in una vena di quarzo ricca di solfuri, estendendo la lunghezza di taglio nota della Payoff Zone a 500 metri.
Il foro, situato a 200 metri a ovest rispetto alle perforazioni precedenti, ha rilevato estese Vena di quarzo-solfuro coerente con mineralizzazione aurifera veina e porfirica. L'azienda ha iniziato la perforazione nel Alimony Target, precedentemente inesplorato, situato a 800 metri a nord-ovest della Payoff Zone, presentando un'anomalia del suolo di oro e molibdeno di 300 x 500.
Forge Resources (OTCQB: FRGGF) ha reportado hallazgos significativos de su programa de perforación de fase II en la propiedad porfirica de oro-cobre Alotta en Yukón. La primera perforación de diamante, ALT-25-012, encontró varias instancias de oro visible en una veta de cuarzo rica en sulfuros, extendsiendo la longitud de strike conocida de la Payoff Zone a 500 metros.
La perforación, ubicada a 200 metros al oeste de las perforaciones anteriores, encontró vetas extensas de cuarzo-sulfuro consistentes con mineralización aurífera de veta y tipo porfiria. La empresa ha comenzado la perforación en el objetivo no explorado Alimony Target, situado a 800 metros al noroeste de la Payoff Zone, presentando una anomalía de suelo de oro y molibdeno de 300 x 500.
Forge Resources (OTCQB: FRGGF)가 유콘의 알로타 금-구리 포브라이 자원에서의 2상 드릴링 프로그램으로 중요한 발견을 보고했습니다. 최초 다이아몬드 드릴 홀 ALT-25-012은 황화물-riched 석영 광맥에서 육안으로 보이는 금을 다수 교차했고, Payoff Zone의 알려진 직경을 500미터로 확장했습니다.
이번 구멍은 이전 시추보다 서쪽으로 200미터 떨어진 곳에 위치하며, 금광석 및 포르피리 광상을 시사하는 광범위한 석영-황화물 광맥이 확산되어 있음을 확인했습니다. 회사는 이전에 탐사되지 않은 Alimony Target에서 시추를 시작했으며, Payoff Zone에서 북서쪽으로 800미터 떨어진 곳에 위치한 금과 몰리브덴 토양 이상 300 x 500를 특징으로 합니다.
Forge Resources (OTCQB : FRGGF) a publié des résultats significatifs de son programme de forage en phase II sur la propriété porphyrique or-cuivre d'Alotta au Yukon. Le premier forage diamant ALT-25-012 a intersecté plusieurs occurrences d'or visible dans une veine de quartz riche en sulfures, prolongeant la longueur de strike de la Payoff Zone à 500 mètres.
Le forage, situé à 200 mètres à l'ouest des forages précédents, a rencontré des veines répandues de quartz-sulfure cohérentes avec une minéralisation aurifère veineuse et porphyrique. L'entreprise a commencé les forages sur la cible non explorée Alimony Target, située à 800 mètres au nord-ouest de la Payoff Zone, présentant une anomalie de sol en or et molybdène de 300 x 500.
Forge Resources (OTCQB: FRGGF) meldet bedeutende Ergebnisse aus dem Phase-II-Bohrprogramm auf dem porphyrischen Gold-Kupfer-Gut Alotta in Yukon. Die erste Diamantkernbohrung ALT-25-012 schneiderte mehrere Sichtungen von Gold in einer sulfidreichen Quarzader und erweiterte die bekannte Strike-Länge der Payoff Zone auf 500 Meter.
Der Bohrlochlag befand sich 200 Meter westlich der vorherigen Bohrungen und traf weit verbreitete Quarz-Sulfidadern, die mit goldführender Ader- und Porphyrmineralisierung übereinstimmen. Das Unternehmen hat mit dem Bohren an der zuvor unerkundeten Alimony Target begonnen, die 800 Meter nordwestlich der Payoff Zone liegt und eine 300 x 500-Gold- und Molybdän-Bodenschwankung aufweist.
Forge Resources (OTCQB: FRGGF) قد أبلغت عن نتائج مهمة من برنامج الحفر للمرحلة الثانية في ملكية Alotta من الذهب-النحاس البورفيرية في يوكون. الحفرة الماسية الأولى ALT-25-012 كشفت عن وجود ذهب مرئي في عروق من الكوارتز الغنية بالكبريتيدات، مما مدّد طول نطاق Payoff Zone المعروف إلى 500 متر.
الحفرة، الواقعة على بعد 200 متر غرب من الحفر السابقة، واجهت عروق كوارتز-كبريتيد واسعة النطاق تتسق مع معدنية عروق ذهبية وبتلك النمط البورفيري. شركة أعلنت بدء الحفر في الهدف غير المستكشف سابقاً Alimony Target، الواقع على بعد 800 متر شمال غرب Payoff Zone، ويتميز بطفرة تربة للذهب والموليبدن بمقادير 300 × 500.
Forge Resources (OTCQB: FRGGF) 已在育空地区的 Alotta 金铜斑岩矿区的二期钻探计划中报告了重要发现。第一钻 ALT-25-012 在富含硫化物的石英脉中多次发现肉眼可见的金，將 Payoff Zone 的已知走向长度扩展至 500 米。
该钻孔位于前期钻探西侧 200 米，发现广泛的石英-硫化物脉线，与金矿脉和斑岩型矿化相符。公司已开始在此前未勘探的 Alimony Target 进行钻探，位于 Payoff Zone 西北偏北 800 米，地表金和钼异常为 300 × 500。
- Discovery of visible gold in multiple instances within sulphide-rich quartz vein
- Extension of Payoff Zone's known strike length to 500 meters, remaining open in all directions
- Property's geological setting similar to Western Copper and Gold's Casino deposit, one of world's largest undeveloped copper-gold porphyry projects
- Previous discovery interval showed 219m grading 0.46 g/t Au, including 22.45m grading 1.20 g/t Au
- Drill core analysis results not yet available
- Alimony Target remains untested with no historical drilling data
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce initial observations of mineralization from the first diamond drill hole of the Phase II, 2025 drill program at the Alotta gold-copper porphyry property. ALT-25-012 intersected polymetallic veins, with one containing numerous grains of coarse visible gold. Drilling is currently underway at the Alimony Target, and the Company expects to complete an additional 3-4 holes during this program.
Highlights:
At the Payoff Zone, hole ALT-25-012, collared ~200 m to the west of previous drilling, intersected numerous occurrences of visible gold from a sulphide-rich quartz vein (Photo 1 and Figure 1).
Diamond drilling has now tested the lower Payoff Zone over a 500-metre strike length, with all holes consistently intercepting combined porphyry and vein style mineralization.
Widespread quartz-sulphide (pyrite, pyrrhotite, molybdenite and chalcopyrite) veining has been encountered throughout hole ALT-25-012, consistent with gold-bearing vein and porphyry-style mineralization previously observed at the Payoff Zone, including near-surface polymetallic pyrite-pyrrhotite-arsenopyrite-sphalerite veins.
Drilling has commenced at the Alimony Target, approximately 800 m to the northwest of the Payoff Zone. The Alimony Target is a 300 x 500 gold and molybdenum soil anomaly that has never been drilled.
Photo 1. Quartz vein with coarse native gold. Red circles highlight some of the clusters of native gold found within the vein.
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Figure 1. Photos of coarse visible gold and bismuthinite in ~10 cm wide quartz vein (287.32 - 288.24 m).
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After the successful completion of the Phase I program, which intersected gold-enriched mineralization in all drill holes (see news release dated September 8, 2025), Phase II drilling began with a hole collared 215 m to the west of previous drilling at the Payoff Zone (Figure 2 and Table 1). Hole ALT-25-012 has encountered similar, veining and alteration as previous holes, increasing the known strike length of the Payoff Zone to 500 m. The zone remains open in all directions.
Figure 2. Diamond Drill Hole Map
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The Payoff Zone is a gold-enriched area of widespread, near-surface, quartz-sulphide and sulphide (pyrite-pyrrhotite±chalcopyrite±molybdenite) mineralization that is thought to lie peripheral to a large porphyry centre. Inaugural drilling at this zone returned a discovery interval of 219 m grading 0.46 g/t Au, including 22.45 m grading 1.20 g/t Au from drill hole ALT-23-001 (see news release dated February 29, 2024). The zone is characterized by a large (500 x 600 m) overlapping gold and copper soil geochemical anomaly that overlies a magnetic low.
The Alimony target is an undrilled molybdenum soil anomaly with overlapping gold in soil values in the westernmost part of the property that coincides with the boundaries of magnetic high and low signatures. Drill hole ALT-25-013, which is currently being drilled (Table 1), is designed to test the soil anomaly.
| Hole ID | Easting (m) | Northing (m) | Elevation (m) | Azimuth | Dip | Length (m) |
| ALT-25-012 | 623262 | 6915969 | 1083 | 135 | -60 | 336.75 |
| ALT-25-013 | 623021 | 6916482 | 1043 | 230 | -05 | In Progress |
*Coordinate data not yet finalized from field surveys
Table 1: Diamond Drill Hole Data
PJ Murphy, CEO, states: "The native gold bearing quartz vein at the Payoff Zone is a spectacular intersection that demonstrates the potential for significant mineralization throughout the Alotta property as we search for a high-grade porphyry centre. We are excited to see the remaining drill holes, all of which test new targets for the remainder of Phase II drilling."
ALT-25-012
Hole ALT-25-012 was collared 215 m to the west of holes ALT-25-008 and ALT-25-009, both of which were drilled during Phase I drilling. At 287.32 m down hole, drilling intersected a low angle to core axis, quartz vein (approximately 10 cm wide) hosting numerous grains of visible gold and bismuthinite, along with disseminated to semi-massive pyrrhotite, pyrite, chalcopyrite, arsenopyrite, molybdenite and sphalerite (Photo 1, Photo 2 and Figure 1).
Photo 2. ~10 cm wide quartz vein cutting granodiorite hosting coarse native gold, bismuthinite, pyrrhotite, pyrite, chalcopyrite, arsenopyrite, molybdenite and sphalerite.
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The hole cut granodiorite and porphyritic rocks, which are altered for the entirety of the drill hole. Alteration includes pervasive secondary biotite that is overprinted by intense silicification, and widespread chlorite and sericite alteration which become stronger around areas of veining (Photo 3).
Photo 3. Quartz-pyrite veins with strong chlorite-sericite alteration halos
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The hole intersected significant near-surface alteration, veining and sulphide mineralization. Vein-hosted pyrite, molybdenite, chalcopyrite and pyrrhotite were encountered over the length of the hole, with the strongest veining found in the upper 100 metres (Photo 4). Several semi-massive sulphide veins hosting pyrrhotite-pyrite-arsenopyrite±sphalerite were encountered in the upper 60 metres of the hole (Photo 5).
Photo 4. Quartz vein with centreline of pyrite (right) cutting porphyritic rocks hosting disseminated pyrite and pyrrhotite.
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Photo 5. Quartz-carbonate vein hosting pyrite-arsenopyrite-sphalerite
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Drill core from this hole is currently being logged and processed on site and will be submitted for analysis upon completion. Results will be released after being received and checked for Quality Assurance / Quality Control.
Proximity to Measured and Indicated Resources
The Alotta property consists of 230 mineral claims that covers approximately 4,723 hectares in a similar geological setting to Western Copper and Gold's Casino deposit, that is located 50 km to the south-east. The Casino deposit is one of the largest undeveloped copper-gold porphyry projects in the world.
Options
The Company also announces the issuance of an aggregate of 500,000 options to a consultant of the Company (the "Options"). Each option allows the holder to purchase one common share of the Company (each a "Share") upon the terms and conditions of the option agreement. The Options are exercisable over a two-year term expiring on September 30, 2027, at a price per Share of
About Forge Resources Corp.
Forge Resources Corp. is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project consisting of 230 mineral claims that cover 4,723 hectares, located 50 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.
In addition, the Company holds an
Qualified Person
Lorne Warner, President and P. Geo, is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the scientific and technical disclosure in this news release.
On behalf of the Board of Directors
"PJ Murphy", CEO Forge Resources Corp.
info@forgeresources.com
Forward-Looking Statements
Certain of the statements made and information contained herein may contain forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbor.
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FAQ
What did Forge Resources (FRGGF) discover in their latest Alotta drilling program?
How large is the strike length of FRGGF's Payoff Zone after the latest drilling?
What are the specifications of the Alimony Target at Forge Resources' Alotta property?
What were the previous drilling results at Forge Resources' Payoff Zone?
How many additional holes does FRGGF plan to complete in the current program?
