Mr. Cole McClay reports

FORGE RESOURCES ANNOUNCES COMPLETION OF PILOT HOLE DRILLING FOR UNDERGROUND DECLINE DEVELOPMENT AND PROVIDES UPDATE ON PROGRESS AT FULLY PERMITTED COAL PROJECT, COLOMBIA

Forge Resources Corp. has completed the pilot hole drilling to guide underground development of its 170-metre decline and other key advancements at its fully licensed coal project located in Colombia.

Successful pilot drilling completion

The pilot hole drilling to guide the development of the decline has been successfully completed by Logan Drilling. The drilling reached a total depth of 175 metres, with all geological and geotechnical data logged and sampled by GFD Negocios Mineros. A total of 19 samples have been sent to a certified laboratory for analysis. This phase is important to understanding the ground conditions, which will guide decisions on the most appropriate equipment for future development. Topographer Sebastian Areiza was engaged to ensure precise georeferencing during the drilling process. This will ensure the accurate direction and incline of the tunnels, a critical factor for the project's success.

Cole McClay, chief executive officer of Forge Resources, stated: "Aion Mining Corp., backed by Forge Resources, is swiftly progressing with its Colombian metallurgical and thermal coal project. The primary focus is on securing a valuable bulk sample, a key milestone that will yield essential data for informed decision making and contribute to the project's overall success."

Engineered site preparation:

• Finalized design for the site layout considering the placement of essential infrastructure;
• Civil engineer Luis Carlos Herrera has designed and implemented drainage systems and selected vegetation to alleviate the effects of seasonal weather patterns on the newly created works yard plateau;
• Civil engineer Luis Alfredo Marquez has completed ground studies at the slope and portal area; this work is important to ensure stability in the area surrounding the portal and decline;
• Contractor Paisajismo & Zonas Verdes SAS has completed trenching and hydroseeding over 1,000 square metres of the terrace slope;
• Enhancement of water management systems with the installation of geotextile and energy dissipators across 445 linear metres of constructed ditches;
• Planted 2,400 stolons of specially selected vetiver grass to provide reinforcement of the terrace slope to work in conjunction with trenching and hydroseeding;
• Planted 489 trees in compliance with environmental regulations.

Camp construction:

• Completion of the cafeteria kitchen and communal areas, preparing for the next phase of project development;
• Land has been cleared and levelled in preparation for development of additional crew accommodations.

Strategic technical team expansions

To strengthen the project's execution, Forge Resources has contracted two highly experienced professionals:

• Enrique Estrada -- senior mining and metallurgical engineer with over 35 years of experience in the mining industry, specializing in underground coal, copper and gold mines; his expertise includes production engineering, quality control and operations management; throughout his career, he has held various leadership roles, including operations manager and independent consultant, providing advisory services to improve mining operations; Mr. Estrada has managed large teams and complex projects, often implementing advanced mining methods; he holds a degree in mining and metallurgical engineering from Universidad Nacional de Colombia and has pursued additional studies in project management and resource management in Australia;
• Mr. Herrera -- a senior civil engineer with more than 25 years of experience in civil engineering, water management and surface engineering projects; Mr. Herrera will guide the surface works required to prepare the commencement of the bulk sampling program.

Qualified person

Lorne Warner, PGeo, president of Forge Resources, is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the scientific and technical disclosure in this news release.

About Forge Resources Corp.

Forge Resources is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 kilometres southeast of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in Yukon, Canada.

In addition, the company holds a 40-per-cent interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. The project contains eight known seams of metallurgical and thermal coal.

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