Forge Resources Intersects Additional Visible Gold in First Hole of Phase II Alotta Drill Program, Yukon

Core Insights - Forge Resources Corp. has announced the initial findings from the first diamond drill hole of the Phase II drill program at the Alotta gold-copper porphyry property, indicating the presence of visible gold in polymetallic veins [1][2][5] - The drilling at the Payoff Zone has successfully intersected gold-bearing mineralization, expanding the known strike length to 500 meters, with ongoing drilling at the Alimony Target [5][8][9] Drilling Results - The first hole, ALT-25-012, encountered numerous occurrences of visible gold from a sulphide-rich quartz vein, with significant veining and alteration observed throughout the hole [5][6][13] - The Payoff Zone has shown consistent mineralization across all tested holes, with widespread quartz-sulphide veining and a notable discovery interval of 219 meters grading 0.46 g/t Au from a previous drill [8][20] - The Alimony Target, a new area being drilled, is characterized by a 300 x 500 meter gold and molybdenum soil anomaly that has not been previously tested [5][9] Geological Context - The Alotta property consists of 230 mineral claims covering approximately 4,723 hectares, situated in a geological setting similar to the Casino deposit, one of the largest undeveloped copper-gold porphyry projects globally [20][22] - The mineralization at the Payoff Zone is thought to be peripheral to a large porphyry center, with significant near-surface alteration and veining observed [8][16] Future Plans - The company plans to complete an additional 3-4 drill holes during the current program, with ongoing analysis of drill core from ALT-25-012 [1][9][19] - The CEO expressed optimism regarding the potential for significant mineralization throughout the Alotta property as drilling continues [10][21]