Forge Resources begins biggest diamond drill program at Alotta Project, Yukon
Forge Resources Corp. [CSE: FRG; OTCQB: FRGGF; FSE: 5YZ] reported the launch of its largest ever diamond drill program, expanding on prior successful campaigns at the Alotta Project, Yukon Territory. Located within Yukon’s Dawson Range Gold Belt, the initial program comprises approximately 2,500 metres of diamond drilling, targeting newly identified geophysical anomalies interpreted to host significant gold-copper porphyry mineralization.
Highlights: Camp and drill mobilization has been completed, and diamond drilling is currently underway, marking the start of the 2026 drilling program.
Drilling is underway at the Payoff Zone, targeting a newly identified geophysical anomaly to the north and west of hole ALT-25-012, which returned 78.00 metres grading 1.31 g/t gold from hole ALT-25-012.
The 2026 diamond drilling program will test several newly identified geophysical targets at the Payoff, Severance and Commission zones.
These new targets have never been drilled but are believed to have strong gold-copper porphyry potential. Drilling along the edges of these geophysical targets has returned significant mineralization to date, including 76.86 metres grading 0.18 g/t gold with 0.046% copper (Commission Zone) and 53.96 metres grading 0.28 g/t gold with 0.047% copper (Severance Zone).
Step-out drilling is planned at the Payoff and Alimony Zone to expand significant drill intercepts of gold mineralization.
Drill holes at the Payoff Zone will target strong gold and multi-element soil geochemical anomalies to the east and north of drill hole ALT-23-001, which returned 211 metres grading 0.47 g/t gold, including 22.45 metres grading 1.09 g/t gold.
Drilling at the Alimony Zone will follow up mineralization encountered in hole ALT-25-013, which returned 73.32 metres grading 0.82 g/t gold, including 36.04 metres grading 1.41 g/t gold.
PJ Murphy, CEO of Forge Resources, states: “The 2026 drill program at Alotta represents a significant step forward for this project. We are following up on significant gold and copper mineralization from prior drilling while simultaneously testing new geophysical targets identified through our most recent work, giving us multiple high-priority opportunities in a single campaign. The Dawson Range has produced some of Canada’s most significant recent discoveries and the Alotta Project is our bet that it isn’t done yet.“
Payoff Zone: The Payoff Zone is an area of strongly anomalous rock and soil samples that is part of a 4.5 by 1.7 km long gold-copper-molybdenum±arsenic anomaly, which has returned up to 8.73 g/t gold from rock samples and 1965 ppb gold from soil samples. The area coincides with an east-west elongated 1.5 km long chargeability and resistivity anomaly, and cluster of magnetic high features that are enveloped by magnetic lows, which are often characteristics recognized in many porphyry systems.
The company has outlined two objectives at the Payoff Zone: 3D magnetic inversion data has outlined a compelling magnetic body to the west of previous drilling at the Payoff Zone. This anomaly lies along the flanks of widespread gold mineralization and may represent a magmatic source responsible for the widespread mineralization at the Payoff Zone.
Step out drilling to expand the mineralized footprint of the Payoff Zone to the south and north of existing drilling. To date, drilling has identified widespread gold mineralization across ~500 by 150 metre area which remains open in all directions.
Severance Zone: The core of the Severance Zone is a 550 by 450 m area defined by an overlapping gold, copper and molybdenum soil geochemical anomaly, which has also returned up to 1.21 g/t gold and 0.35% copper from rock samples. The area coincides with discrete chargeability and resistivity anomalies, and a discrete circular magnetic high feature enveloped by a magnetic low. To date, only five drill holes have been completed, spaced across 650 m.
Step out drilling is planned to follow up results from hole ALT-25-007, which returned highly encouraging gold and copper grades over substantial intervals while drilling near the centre of the magnetic feature. This drilling will also test the centre of a prominent magnetic high.
Commission Zone: The Commission Zone is defined by a prominent magnetic high feature that is surrounded by discrete magnetic lows and anomalous gold-copper±molybdenum soil geochemistry.
Diamond drilling in 2026 is planned to test the prominent magnetic high feature that coincides with a 3D magnetic anomaly, located approximately 400 metres west of drill hole ALT-25-014, which returned widespread gold and copper mineralization and intense stockwork zones characterized by quartz±pyrite±molybdenite±chalcopyrite within Late Cretaceous porphyritic rocks.
Alimony Zone: The Alimony Zone is characterized by a 400 by 450 m gold-molybdenum soil anomaly that lies along the edges of a circular magnetic anomaly.
Step out drilling is planned to follow up results from hole ALT-25-013, the only drill hole into the Alimony Zone, which returned significant gold grades over long
Forge Resources is 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.