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Forge Resources Says Drilling at Alotta Project in The Yukon Intersects Mineralization

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Forge Resources (FRG.CN) on Tuesday said visual results and initial observations from drilling at the Alotta porphyry copper-gold-molybdenum project in the Yukon has seen mineralization in every hole drilled to date.

The 2026 drill program targeted interpreted porphyry centers. Close to 2,800 meters were drilled in six holes at the Commission, Payoff and Severance zones. Visible gold was intersected at the Payoff Zone, adding to the previously reported occurrences of visible gold there.

"Mineralization and alteration have been intersected in every hole drilled at Alotta to date - across a footprint more than 4 km long, consistent with several porphyry centres rather than a single centre," the company said in a statement.

Forge Resources shares were last seen up CA$0.01 to CA$0.28 on the Canadian Securities Exchange.

Price: $0.28, Change: $+0.01, Percent Change: +3.70%

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