Forge Resources Discovers Continuous Porphyry Mineralization at Alotta Project

Forge Resources announced continuous porphyry mineralization in all three 2025 drill holes, including 0.911 g/t Au over 20.49 m. The Phase 1 diamond drilling program at the Alotta project has doubled the known extent of the Payoff Zone to 350 m. Widespread gold mineralization, including visible gold, was encountered throughout the holes. The Severance Zone also showed significant mineralization, including 300.72 m of 0.22 g/t Au, 0.48 g/t Ag, and 0.03% Cu. All drill holes encountered quartz-sulphide veins and significant porphyry-style alteration.

Vancouver, British Columbia—(Newsfile Corp. - August 7, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company"), a Canadian-listed junior exploration company, has announced the assay results from the first three of five diamond drill holes completed during the Phase 1 diamond drilling program at the Alotta project. The results reveal continuous porphyry mineralization, including 0.911 g/t Au over 20.49 m.

The Phase 1 diamond drilling program has significantly increased the known extent of the Payoff Zone to 350 m. Hole ALT-25-008 (Payoff Zone) returned 118 m of 0.42 g/t Au, including 20.49 m of 0.911 g/t Au. Hole ALT-25-009 (Payoff Zone) returned 53.22 m of 0.449 g/t Au, including 32.56 m of 0.522 g/t Au. Both holes encountered widespread gold mineralization, including visible gold, throughout their entire lengths.

At the Severance Zone, hole ALT-25-007 returned 300.72 m of 0.22 g/t Au, 0.48 g/t Ag, and 0.03% Cu, including 53.48 m of 0.452 g/t Au from an untested geophysical anomaly. Mineralization was intersected over the entire length of the hole. All drill holes completed at Alotta have encountered quartz-sulphide veins and significant porphyry-style alteration.

The results confirm the exploration model's effectiveness and show similarities to the Casino Deposit. PJ Murphy, CEO of Forge Resources, stated, "These results have confirmed our exploration model is working and the results show many similarities to the Casino Deposit. To date, we have encountered extensive alteration and mineralization similar to the more distal zones away from the Patton Porphyry. Our geophysical and geochemical surveys show similar patterns to the Casino deposit, which will be tested during our Phase 2 exploration program, so we are excited to resume drilling soon on the property."

Assays for holes ALT-25-010 and -011 are still pending, and the company will provide further updates as results become available.

The Alotta property now consists of 230 mineral claims covering approximately 4,723 hectares, located 50 km south-east of the Casino porphyry deposit. The Casino deposit is one of the largest undeveloped copper-gold porphyry mining projects in the world.

Forge Resources holds an 80% interest in Aion Mining Corp., a company developing the fully permitted La Estrella coal project in Santander, Colombia.

The reader is cautioned not to place undue reliance on forward-looking information.

References:
[1] https://www.stocktitan.net/news/FRGGF/forge-resources-announces-continuous-porphyry-mineralization-in-all-sfmj8fv8kmqg.html
[2] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2973-cse/frg/185104-forge-resources-announces-continuous-porphyry-mineralization-in-all-2025-holes-to-date-including-0-911-g-t-au-over-20-49-m.html