Forge Resources drills Alotta Project, Yukon
Forge Resources Corp. [CSE: FRG; OTCQB: FRGGF; FSE: 5YZ] reported full gold assay results from drill hole ALT-25-012 at the Payoff Zone intersecting 3.4 g/t gold over 44.75 metres from 256.23 metres and discovery results from hole ALT-25-013 at the Alimony Zone grading at 1.04 g/t gold over 55.52 metres from 91.99 metres, at its Alotta Project, Yukon Territory.
Highlights: Final results from drill hole ALT-25-012 at Payoff Zone include 76.93 metres grading 2.03 g/t Au from 223 metres, including 44.75 metres grading 3.4 g/t Au, and 8.16 metres grading 17.7 g/t Au and including 1.25 metes grading 105 g/t Au. All intervals are drilled core lengths.
This hole intersected significant amounts of visible gold from narrow quartz veins, in addition to widespread mineralization.
The company reported results from drill hole ALT-25-013, the first and only hole drilled at the Alimony Zone. Widespread near-surface gold mineralization was discovered, including 112.21 metres grading 0.66 g/t Au near surface from 35.29 metres, including 55.52 metres grading 1.04 g/t Au and including 1.6 metres grading 25.8 g/t Au. All intervals are drilled core lengths.
The Alimony Zone lies approximately 800 metres west of the Payoff Zone (575 m northwest of drill hole ALT-25-012, above). No drilling has been completed between these two zones. This drill hole represents a new drilling discovery at the Alotta Project.
PJ Murphy, CEO of Forge Resources, stated: “We are continually impressed by results from the Payoff Zone, which is successfully developing in size and grade with every drill hole. Additionally, we are thrilled to announce the discovery drill results from the Alimony Zone that demonstrates the large-scale fertility of the mineralizing system at Alotta. We are eagerly awaiting the remaining 2025 drill results, from the Commission Zone, which will provide critical data for helping guide future exploration. We are looking forward to the 2026 field season to continue exploring the potential on the property and further advancing our exciting pipeline of targets on the property.“
A total of 1262.75 metres of drilling in four drill holes were completed during the Phase 2 drill program in 2025.
Payoff Zone: 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 are more intense around areas of concentrated veining.
Quartz vein-hosted pyrite, molybdenite, chalcopyrite, and pyrrhotite were commonly observed in quartz veins, with the strongest concentrations of veining and mineralization found in the top and bottom 100 metres of the drill hole.
At 287.32 metres 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. Core sampling of the quartz vein and surround rock returned 1.25 metres grading 105 g/t Au. Immediately preceding this sample, a second cm-scale quartz vein hosting visible gold in altered and veined granodiorite returned 1.15 m grading 8.85 g/t Au. In the footwall of the coarse gold-bearing veins, narrow sulphide stringers developed within granodiorite returned 0.47 g/t Au over a core length of 0.75 metres.
Alimony Zone: Hole ALT-25-013, collared 800 metres northwest of the Payoff Zone and 575 metres northwest of drill hole ALT-25-012, was the first hole drilled into the Alimony Zone, a target defined by a tightly constrained 400 by 600-metre molybdenum-gold soil anomaly.
The hole drilled entirely through granodiorite, and intersected widespread, discrete, quartz and carbonate veins with associated sulphide mineralization throughout the top of the hole, and narrow polymetallic quartz veins. Overall, alteration and veining in this hole is less abundant than observed at the Payoff Zone; however, broad intervals of gold mineralization were intersected in the upper 150 metres of the drill hole associated with discrete quartz veining, in addition to higher-grade polymetallic quartz veins.
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 50 km north of the Alotta Project. The Casino deposit is one of the largest undeveloped copper-gold porphyry projects in the world.
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.
The company also holds an 80% interest in Aion Mining Corp., a company developing the fully permitted La Estrella coal project in Santander, Colombia. The project contains eight seams of metallurgical and thermal coal.