Forge Resources Announces Mobilization for 2025 Drill Program at Alotta Project, Yukon

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce mobilization efforts for its previously announced 2025 drill program at the Alotta Project, Yukon. The re-establishment of camps and construction of drill pads started on May 26, and the drill was transported to the project on June 2. The exploration program is on schedule, and it is anticipated that drilling will commence by the end of the week.

The first drillhole will test approximately 800 metres east of ALT-23-001/002. As announced on February 29, 2024, Hole ALT-23-001 intercepted 211.65 metres of 0.46 grams/tonne gold from the first ever diamond drill hole on the property.

We remain committed to keeping our stakeholders informed and will provide further updates as new information becomes available.

Lorne Warner P.Geo, President of Forge Resources states: "We are excited to restart our Phase 2 drilling program. Based on previous year's successful results and quality of targets, we have high expectations of further success. I anticipate being in camp for most of the drilling to help guide the program and observe the cores alongside our partnered operators, Archer Cathro."

Drill Plan Recap for Spring/Summer 2025

As announced on April 16, 2025, the Forge technical team, in collaboration with Archer Cathro and Associates, has designed a summer exploration program comprising of up to 4000 metres of diamond drilling across 12 proposed diamond drill holes, each with an average depth of 300-350 metres (Figure 1). These efforts will be directed towards step-out drilling within the Payoff Zone and untested coincident geophysical and geochemical anomalies across a 4 km by 1 km area. The Company's drill plan for the 2025 season intends to evaluate the most promising drill locations based on their respective merits to test for porphyry-style mineralization.

Additionally, the company plans to undertake further reconnaissance drilling on the Payoff target areas this season. This zone exhibits substantial surface mineralization, with highly anomalous concentrations of gold, copper, and molybdenum identified from rock and soil samples. These targets represent areas of the property where significant (>1 g/t gold) rock values have been observed on the surface.