Forge Resources Updates on 2025 Drill Program with Initial Core Observations at Alotta Project, Yukon

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to report that substantial porphyry-style alteration, mineralization, as well as associated veining and micro-veining, have been identified in the holes drilled to date.

As of the evening of June 11, three diamond drill holes (ALT-25-007/008/009) have been completed and drilling is expected to commence on the fourth hole (ALT-25-010) in the morning of June 12.

The objective of this year's diamond drilling program is to test all targets within the 4-kilometre target area illustrated in Figure 1, many of which have not been previously drill tested. The planned drill holes will focus on several priority geochemical and geophysical anomalies along the 4-kilometre trend. These areas are located near the core of soil and geophysical anomalies, where previous rock sampling confirmed the presence of copper and gold mineralization.

Figure 1. Drill Plan Map of Completed and Proposed Diamond Drill Holes.

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Quick Log Observations

All drill holes are currently testing within Whitehorse Suite granodiorites in areas with known geochemical/geophysical anomalies indicating potential porphyry style mineralization.

ALT-25-007 - Completed
Severance Zone
Drill Orientation: 310° azimuth / -60° dip
Total Depth: 302 m

0-100 m - Strong pervasive and fracture-controlled alteration - quartz/pyrite/sericite/chloritic with disseminated pyrrhotite, veining-veinlets of quartz-pyrite/molybdenite, pyrite, trace chalcopyrite.

100-302 m - Same as above with alteration being moderate and slightly less observed mineralization.

Figure 2. Photo at 1.8 m - Oxidized quartz-pyrite veins alongside biotite altered quartz feldspar porphyry.

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Noted from site: "The entirety of the drill hole displays recurring alteration, veining and the presence of sulphides, indicating the presence of a potentially significant hydrothermal system in the area of the Severance Zone. Current interpretations suggest this area may be part of a hydrothermal vein system."