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 To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8680/274732_484feb14e4154afc_001full.jpg
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). To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8680/274732_484feb14e4154afc_002full.jpg
Figure 1. Overview Map of Completed Phase 1 and 2 Diamond Drill Holes. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8680/274732_484feb14e4154afc_003full.jpgDiamond 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...
Read more: Forge Resources Intercepts 105 g/t Au in the Payoff Zone at Alotta Project, Yukon