- Precious Metals, Minerals and Diamond Exploration Company Focused on The Yukon Territory of Canada.
- 80% Interest in Aion Mining Corp. Developing Fully Permitted Coal Project in Colombia Containing Eight Known Seams of Metallurgical and Thermal Coal.
- Closed March 2026 Private Placement Offering for Aggregate Gross Proceeds of $3,343,500.
- Excellent 2025 Drilling Results Advance Major Discoveries at Alotta Project, Yukon, Canada.
- Positioned to Refine Existing Mineralization and Pursue Promising New Targets in the 2026 Field Season.
- Data Collected Will Help Create a Solid Geological Model and Strengthen the Foundation for Understanding Mineralization on the FRGGF Yukon Property.
- Diamond Drilling Successfully Tested for Very Wide-Spread but Consistent Altered and Mineralized Bedrock Confirming a Very Large System Underling.
- Alotta Property Known for Significant Mineral Deposits with Geology Suggesting a Late Cretaceous Gold-Rich Porphyry System.
- Alotta Comprises 230 Claims and Shares Geological Features with the Casino Deposit, One of the Largest Undeveloped Copper-Gold Porphyries Globally.
Forge Resources Corp. (OTCQB Stock Symbol: FRGGF) 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, FRGGF holds an 80% interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal.
Closing of Brokered Private Placement of Units
On March 27th FRGGF announced the initial closing of the Company's previously announced "best efforts" private placement offering. FRGGF has issued an aggregate of 6,687,000 units at a price of $0.50 per Unit for aggregate gross proceeds of $3,343,500.
The offering was completed by Ventum Financial Corp. as lead agent and sole bookrunner. Each Unit consists of one common share of FRGGF and one half of one common share purchase warrant. Each Warrant entitles the holder to purchase one common share of FRGGF for a period of 3 years expiring March 27, 2029, at an exercise price of $0.75 per share. Excellent 2025 Results Advance Major Discoveries at Alotta Project, Yukon
On January 15th FRGGF provided a summary of its 2025 accomplishments and the exploration outlook for its Alotta Project, Yukon. Building on the excellent results from its 2025 exploration program.
Highlights:
Playoff Zone ALT-25-012 composite of 78.00 metres of 2.01 g/tonne gold remains unchanged
Alimony Zone discovery hole ALT-25-013 composite of 112.23 metres of 0.66 grams/tonne gold, including 55.53 m of 1.04 g/t Au and 1.6 m of 25.8 g/t Au, remains unchanged
Commission Zone first drill holes expand known porphyry style mineralization to over 3 km
PJ Murphy, CEO of FRGGF, stated: "2025 marked a transformational year for the Alotta Project. Our highly successful drill program expanded the zones of known mineralization and delivered great new across the property. We are extremely pleased that every drill hole completed to date has intersected mineralization, with several showing significant widths. Gold enrichment at the Payoff Zone, including visible gold, and the discovery at the Alimony Zone - 800 metres to the west - are highly encouraging. 2026 will be a formative year for the program, as we push forward with expanding known mineralization to effectively explore the very large system at Alotta."
2025 Exploration Summary:
FRGGF completed 2685.66 metres of diamond drilling at the Alotta Project in 9 drill holes over two phases building on previous 6 drill holes from 2023 and 2024 campaigns for a total of 15 holes across the property.
Exploration drilling at the Alimony Zone discovered the best zone of gold mineralization.
Step-out drilling at the Payoff Zone (now totalling 2618.75 metres over 7 holes to date) returned continued widespread, near-surface, gold mineralization. 2025 drilling at the Payoff Zone has delineated a zone of gold enrichment 500 m long trend that is open along strike in both directions. 2025 assay highlights include:
2026 Exploration Outlook
The success of the 2025 program and previous initiatives have positioned FRGGF well to refine existing mineralization and pursue promising new targets in the 2026 field season. The information collected so far will help create a solid geological model and strengthen the foundation for understanding mineralization on the FRGGF property.
The Dawson Range Gold Belt, a highly prospective metallogenic belt that includes the Alotta property.
2025 Diamond Drilling Summary
A total of 2685.66 m of drilling in 9 drill holes were completed by FRGGF in 2025. Drill hole location data these holes are listed in Table 2. The program was designed to follow up on mineralization discovered in previous 2023 and 2024 programs and to expand drilling to other known showings on the property. Surface expression of mineralization includes overlapping of gold, copper and molybdenum soil geochemical anomalies that is over 4 km in length and nearly 2 km wide. FRGGF was able to successfully test most surface showings, with 2025 holes drilled into the Severance, Payoff, Alimony and Commission zones. These zones are very wide-spread but consistently returned altered and mineralized bedrock confirming a very large system underlies the Alotta property.
Alimony Zone (totalling 312 m, 1 hole)
Phase II of the 2025 FRGGF program saw the first ever hole drilled into the Alimony Zone and returned a significant new gold discovery. The hole drilled entirely through variably altered granodiorite that was cut by widespread, discrete, quartz and quartz-carbonate veins with associated sulphide mineralization. Alteration, overall, is less than observed at other locations on the property; however, broad zones of gold mineralization were intersected in the upper 150 m of the drill. Mineralization is believed to be associated with the discrete veining, in addition to higher-grade polymetallic quartz sulphide veins.
Payoff Zone
2025 drilling at the FRGGF Payoff Zone was designed to confirm the presence gold mineralization, first discovered in 2023 drilling and to test its continuity at depth. Holes at the Payoff Zone intersected significant alteration and sulphide mineralization (Table 3; Photos 3 to 5; Figures 6 to 8), including visible gold that was observed in all 2025 holes in the zone (Photo 6).
Preliminary modeling of the FRGGF Payoff Zone indicates continuous gold mineralization across an east-west trending zone approximately 500 m long and open in both directions (Figure 9). Similar mineralization is found along strike at the southern Severance Zone (Holes ALT-25-010 and ALT-25-011) with approximately 800 m of untested ground between the two zones. To the west, surface geochemistry continues, with the farthest step out to date in hole ALT-25-12, which returned strong gold grades over substantial widths. All of which indicate significant potential for expanding mineralization.
Quartz-pyrite veins with strong chlorite-sericite alteration halos (ALT-25-012, 186 m depth).
Severance Zone
The FRGGF Severance Zone is a large (approximately 400 x 400 m) area that is defined by overlapping gold, copper and molybdenum geochemical soil anomaly. Two holes were drilled into the zone in 2024 and intersected strongly altered porphyry with broad zones of moderate gold mineralization. In 2025, three holes were drilled into the Severance Zone, one (ALT-25-007) close to the surface expression of the main Severance Zone, and two (ALT-25-010 and ALT-25-011), approximately 300 m to the south.
The increase in copper grade at the Commission Zone is encouraging and provides an intriguing target for the 2026 program.
Proximity to Measured and Indicated Resources
The FRGGF Alotta property lies in west-central Yukon within the Dawson Range Gold Belt (DRGB), an area known for significant mineral deposits such as the Casino, Coffee Gold, White Gold and Klaza. The property's geology suggests a Late Cretaceous gold-rich porphyry system similar to other DRGB sites. Alotta comprises 230 claims over about 4,723 hectares and shares geological features with the Casino deposit, which is located 50 km north and is one of the largest undeveloped copper-gold porphyries globally.
For more information on FRGGF visit: www.forgeresourcescorp.com and https://juniorminingtrends.com/forgeresources/
Email: info@forgeresourcescorp.com
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Media Contact
Company Name: Forge Resources Corp. (Stock Symbol: FRGGF)
Contact Person: PJ Murphy, CEO
Email: Send Email
Phone: 604-271-0826
Address:12471 Horseshoe Way Suite 1050
City: Richmond
State: BC V7A 4X6
Country: Canada
Website: www.forgeresourcescorp.com
