Vancouver, British Columbia –
Newsfile Corp. – November 17, 2025 –
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) (“
FRG” or the “
Company“), is pleased to announce the first gold assay results from the Phase 2 diamond drill program at Alotta (Figure 1),
intercepting 105 g/t Au over a core length of 1.25 m.
Majority of assays results are still pending. 
Due to prolonged assay laboratory delays, the Company requested a rush analysis of a visually high-grade interval from drill hole ALT-25-012 (see News Release dated June 17, 2025). Additional gold screen and multi-element analysis results remain pending from the rushed 40-sample batch.
Highlights:
- Gold analysis from rushed samples from drill hole ALT-25-012, at the Payoff Zone, have returned 105 g/t Au over a core length of 1.25 m. Photos 1-2 are from a section of the drill core hosting visible gold. The true width is not known, the contacts ranging from 10-35 degrees to core axis.
- Continued drilling success at the Payoff Zone confirms widespread gold-bearing sulphide mineralization and quartz veining across a 500-metre strike length, reinforcing the zone’s potential within a large geophysical anomaly.
- Alotta is a gold enriched porphyry system hosting both semi-massive polymetallic sulphide veins and quartz veins overprinting the porphyry mineralization. The first 80 metres of ALT-25-012 contains many of these veins with assay results still pending. To date, these veins significantly contribute to the overall gold grade.
PJ Murphy, CEO of Forge Resources, states: “We are extremely excited by the exceptional high-grade gold results from hole ALT-25-012, which returned 105 g/t Au over 1.25 metres. This intercept highlights the strong high-grade gold potential at Alotta and complements the broader, bulk-tonnage style mineralization at the Payoff Zone. The consistently strong gold grades and wide mineralized intervals encountered to date further confirm the strength, continuity, and scale of this growing gold system, which begins right at surface. Multiple instances of visible gold within quartz veining underscores the robustness of this mineralized corridor. As we advance exploration, the Company will prioritize several large ‘bull’s-eye’ targets defined by coincident copper, gold, and molybdenum soil anomalies and supporting geophysical signatures. We look forward to receiving the multi-element results from the rushed samples of hole ALT-25-012, along with the remaining assays from our Phase 2 drilling program.”
Photo 1. Quartz vein from drill hole ALT-25-012 (reported) with coarse native gold (287.32 – 288.24 m).
Red circles highlight some of the clusters of native gold found within the vein
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Photo 2. Photos of coarse visible gold and bismuthinite from a ~10 cm wide vein in drill hole ALT-25-012 (287.32 – 288.24 m).
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Figure 1. Overview Map of Completed Phase 1 and 2 Diamond Drill Holes.
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Diamond Drilling
A total of 1262.75 m of drilling in 4 drill holes were completed by the Company during the Phase 2 drill program in 2025. Drill hole location data for results reported in this news release are listed in Table I.
Table 1: Diamond Drill Hole Data
| Hole ID |
Easting (m) |
Northing (m) |
Elevation (m) |
Azimuth |
Dip |
Length (m) |
| ALT-25-012 |
623260 |
6915966 |
1078 |
135 |
-60 |
339.75 |
Assay highlights of diamond drill holes pertaining to this News Release are found in Table 2.
Table 2: Payoff Zone Highlight Assay Results
|
From (m) |
To
(m) |
Interval (m)* |
Au
(g/t) |
Ag
(g/t) |
Cu
(%) |
Mo
(%) |
| ALT-25-012 |
287.15 |
288.40 |
1.25 |
105 |
Pending |
Pending |
Pending |
| *All intervals are drilled core lengths. Additional drilling is required to establish true widths. |
Hole ALT-25-012 drilled through granodiorite and porphyritic rocks and intersected widespread, near-surface alteration, veining, and sulphide mineralization. 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). Vein-hosted pyrite, molybdenite, chalcopyrite, and pyrrhotite were commonly observed in quartz veins, with the strongest veining and mineralization found in the top 100 metres of the drill hole (Photo 4).
Payoff Zone Discussion
Forge has now completed 5 diamond drill holes (ALT-23-001/002, ALT-25-008/009/012) within the Payoff Zone successfully testing over a 500-metre inferred strike length within a 2000 x 500 metre induced polarization, chargeability anomaly. Previous assay results include ALT-23-001, the first drill hole ever completed on the property returned 0.46 g/tonne gold over 211.65 metres starting at 7.38 metres. (February 29, 2024 News Release) and recently hole ALT-25-009 which returned 53.22 metres grading 0.45 g/tonne gold (August 07, 2025 News Release). All five drill holes in the Payoff Zone encountered both disseminated and fracture controlled gold bearing sulphide mineralization over extensive lengths with occasional poly-metallic, gold bearing sulphide and quartz veins within. The later stage veins are an important contributor to the overall gold grade.
Photo 3. Quartz-pyrite veins with strong chlorite-sericite alteration halos (Alt-25-012, 186 m depth).
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Photo 4. Quartz vein with centreline of pyrite (right) in porphyritic rocks hosting disseminated pyrite and pyrrhotite (ALT-25-012, 55 m depth)
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At 287.32 m down hole, below the most intense widespread alteration and mineralization, drilling intersected a low angle (10-30° to core axis) irregular quartz vein, approximately 10 cm wide, hosting visible gold and bismuthinite, along with disseminated to semi-massive pyrrhotite, pyrite, chalcopyrite, arsenopyrite, molybdenite, and sphalerite (Photos 1, 2 and 5). Core sampling of the quartz vein returned 1.25 m grading 105 g/t Au.
Photo 5. ~10 cm wide irregular quartz vein cutting granodiorite hosting coarse native gold, bismuthinite, pyrrhotite, pyrite, chalcopyrite, arsenopyrite, molybdenite and sphalerite (ALT-25-012).
To view an enhanced version of this graphic, please visit:
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Yukon Geoscience Forum
The Company will be participating in the upcoming Yukon Geoscience Forum (YGF) from November 16 to 19 in Whitehorse, Yukon. Select drill core from the Alotta property will be on display at the YGF Core Shack from November 17 to 19. Kelson Willms, Senior Project Geologist with Archer, Cathro & Associates (1981) Limited, will be providing a technical update on the Alotta Project on Wednesday November 19 at 9:10 am. Lorne Warner, President, will be attending the YGF on behalf of the Forge Resources.
Quality Assurance/Quality Control
Analytical work was completed by ALS Canada Ltd., with sample delivery in Whitehorse, Yukon, sample preparation in Langley, British Columbia, and geochemical analysis in North Vancouver, British Columbia.
Rigorous procedures are in place regarding sample collection and data entry. Certified assay standards, coarse reject duplicates, field duplicates and blanks were routinely inserted into the sample stream to ensure integrity of the assay process. All of the results reported have passed the QA/QC screening. Core was sampled using a diamond core saw, with half of each interval sent to the lab for analysis and the other half retained.
Half-core samples were fine crushed and a 250 g split was pulverized to better than 85% passing 75 microns. Gold was determined for core samples using a 50 g charge by fire assay followed by an atomic absorption spectroscopy finish (Au-AA24).
Fire assay screen analysis was completed using a 1 kg sample size screened to -106 microns. Oversize material was analyzed in entirety by fire assay with gravimetric finish. A 30 g assay of the undersized material was analyzed in duplicate by fire assay with atomic absorption spectroscopy finish. Results of the oversize and undersize assays were combined to provide the final reported number in this release.
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 north of the Alotta Project. The Casino deposit is one of the largest undeveloped gold-copper porphyry projects in the world.
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.
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 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.
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.
The issuer is solely responsible for the content of this announcement.
About Forge Resources Corp.
