Forge Resources Corp. Stock Price, News & Analysis

Forge Resources (OTCQB: FRGGF) has announced significant drilling results from its Alotta project, highlighting continuous porphyry mineralization in all 2025 holes. The Phase 1 diamond drilling program revealed notable intersections including 0.911 g/t Au over 20.49m in the Payoff Zone.

Key findings include hole ALT-25-008 returning 118m of 0.42 g/t Au and ALT-25-009 yielding 53.22m of 0.449 g/t Au. The Severance Zone's hole ALT-25-007 produced 300.72m of 0.22 g/t Au, 0.48 g/t Ag, and 0.03% Cu. The drilling has doubled the known extent of the Payoff Zone to 350m, with mineralization remaining open in all directions.

The Alotta property, comprising 230 mineral claims covering 4,723 hectares, is situated in a geological setting similar to Western Copper and Gold's Casino deposit, located 50km southeast.

Forge Resources Corp. (OTCQB: FRGGF) has encountered a significant coal seam during underground decline development at its La Estrella coal project in Colombia. The discovered seam measures 0.5 to 1.0 meters in thickness and is currently being extracted for laboratory analysis to determine if it represents a new unidentified seam or is part of known deposits.

The Company is conducting channel sampling and bulk sample collection to assess the coal's quality and market suitability. This development aligns with Forge's previously announced bulk sampling campaign and demonstrates progress in their mining operations. The discovery comes amid a broader resurgence in the coal sector, marked by strong performance in the VanEck Coal ETF and robust demand from Asian and European markets.

[ "Discovery of new coal seam measuring 0.5-1.0 meters in thickness", "Project benefits from favorable coal market conditions with strong global demand", "Fully permitted project with existing infrastructure in place", "Strategic location with potential for low-cost logistics" ]

Forge Resources (OTCQB:FRGGF) has announced significant discoveries from its Phase 1 drilling program at the Alotta Project in Yukon. The company identified four separate occurrences of visible gold in multiple veins, particularly in holes ALT-25-008 and ALT-25-009 at the Payoff Zone. All five Phase 1 drill holes contained porphyry-style mineralization across a 4 km by 2 km area.

Previous drilling in 2023 yielded notable results, including 211.65 m of 0.46 g/t Au and 0.02% Cu, and 99.14 m of 0.3 g/t Au and 0.02% Cu. The project shows similarities to Western Copper and Gold's Casino deposit, located 50 km southeast, which is one of the world's largest undeveloped copper-gold porphyry deposits.

Forge Resources (OTCQB: FRGGF) has completed Phase 1 of its 2025 drill campaign in Yukon, consisting of 5 drill holes totaling 1,420 metres of core drilling. The preliminary observations revealed promising core samples with visible gold, porphyry mineralization, veining, and alteration.

The company also announced the issuance of 500,000 options to a consultant, exercisable at $0.62 per share until June 25, 2027. The company's Alotta property comprises 230 mineral claims covering 4,723 hectares, situated 50 km northwest of Western Copper and Gold's Casino deposit, one of the world's largest undeveloped copper-gold porphyry projects.

Forge Resources (FRGGF) has reported significant findings from its Phase 1 drilling program at the Alotta Project in Yukon. The company discovered visible gold in two separate locations within drill hole ALT-25-009, along with extensive porphyry-style mineralization. The drilling program has revealed consistent alteration and mineralization patterns across multiple holes, suggesting a large porphyry system. Key findings include polymetallic quartz-sulphide veins at the Payoff Zone and porphyry-style veining at the Severance Zone. The project, spanning 4,723 hectares across 230 mineral claims, is strategically located 50 km northwest of Western Copper and Gold's Casino deposit, one of the world's largest undeveloped copper-gold porphyry deposits.

Forge Resources Corp (FRGGF) has provided an update on its 2025 drilling program at the Alotta Project in Yukon. The company has completed three diamond drill holes (ALT-25-007/008/009) and is starting the fourth hole (ALT-25-010). The drilling program aims to test targets within a 4-kilometer area, focusing on priority geochemical and geophysical anomalies. Initial core observations show substantial porphyry-style alteration and mineralization. The first hole, ALT-25-007, revealed strong pervasive alteration with quartz/pyrite/sericite/chloritic content and various mineralizations. The second hole, ALT-25-008, showed weak to moderate alteration with polymetallic sulphide veins. The property, comprising 230 mineral claims covering 4,723 hectares, is situated 50 km northwest of Western Copper and Gold's Casino deposit, one of the world's largest undeveloped copper-gold porphyry deposits.

Forge Resources Corp. (FRGGF) has appointed Gordon Neal to its Board of Directors, bringing over 30 years of mining and capital markets expertise. Neal, currently CEO of World Copper Ltd., has an impressive track record having raised over $750M in equity financing throughout his career. He previously held executive positions at MAG Silver Corp., Silvercorp Metals, and served as President of New Pacific Metals. Neal holds a BS in Chemistry from Dalhousie University and chairs Cape Breton University's Viola Desmond Chair in Social Justice. The company granted Neal 500,000 options at $0.71 per share with a 5-year term. Additionally, Forge corrected previous announcements regarding their private placement Units, clarifying they consist of one flow-through common share and one warrant, instead of one-half warrant as previously stated.

Forge Resources Corp. (FRGGF) has commenced drilling operations at its Alotta project in Yukon, with promising early results from the first drill hole ALT-25-007. Initial observations revealed strong mineralization within the top 25 meters, including significant veining and favorable alteration patterns. The company has also successfully closed an oversubscribed flow-through financing, raising $1,280,500.32 through the issuance of 1,940,152 units at $0.66 per unit. The 2025 drilling program plans to complete up to 4,000 meters across 12 diamond drill holes, focusing on the Payoff Zone and untested geophysical anomalies. The Payoff Zone previously yielded notable results, with hole ALT-23-001 intercepting 211.65 metres of 0.46 g/t gold in 2023. Additionally, the company issued 400,000 options to consultants, exercisable at $0.56 per share until June 5, 2027.

Forge Resources Corp. (FRGGF) has initiated its 2025 drill program at the Alotta Project in Yukon, with camp establishment and drill pad construction beginning May 26. The program includes up to 4,000 meters of diamond drilling across 12 proposed holes, targeting step-out drilling within the Payoff Zone and untested anomalies. Previous drilling success includes Hole ALT-23-001, which intercepted 211.65 meters of 0.46 g/t gold. The Alotta property spans 4,723 hectares across 230 mineral claims and shares geological similarities with Western Copper and Gold's Casino deposit, one of the world's largest undeveloped copper-gold porphyry deposits. The company's previous six drill holes have shown significant gold, copper, and molybdenum mineralization, with the upcoming program focused on evaluating potential porphyry-style mineralization.