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Forge Resources Corp
Symbol FRG
Shares Issued 93,354,731
Close 2025-03-03 C$ 0.93
Market Cap C$ 86,819,900
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Forge to visit La Estrella, inspect Colombian projects

2025-03-04 05:05 ET - News Release

Mr. P.J. Murphy reports

FORGE RESOURCES CORP. ANNOUNCES EXECUTIVE SITE VISIT TO LA ESTRELLA COAL PROJECT AND INSPECTION OF PROSPECTIVE COAL PROJECTS IN COLOMBIA

Forge Resources Corp. will make an executive site visit to the fully permitted La Estrella coal project and inspections of six prospective coal projects in various regions of Colombia. The visit is scheduled between March 9 and March 18, 2025.

The executive team will review the progress of La Estrella project, which has recently completed the construction of its main portal and commenced underground works. The team will also meet with vendors to discuss material and equipment procurement to support the underground development of the decline, aimed at reaching coal seams for the company's 20,000-metric-tonne bulk sampling program.

In addition to the site visit, the executive team will conduct strategic discussions focused on identifying additional Colombian coal concessions, some of which are currently in production and others in various stages of the permitting process. This initiative aims to evaluate opportunities for expanding Forge's coal project portfolio in line with the company's commitment to sustainable and responsible resource development.

P.J. Murphy, chief executive officer of Forge Resources, stated: "We are excited to visit the La Estrella project and witness first-hand the advancements made by our dedicated team. This visit will also allow us to visit a number of coal producing projects and provide valuable insights into our growth and acquisition strategy at Forge Resources Corp."

Forge Resources website update

The company would also like to update on the launch of its newly redesigned corporate website, providing an enhanced platform for shareholders, investors and stakeholders to stay informed about the company's latest developments. The new website features improved navigation, updated project information and user-friendly access to key corporate materials, reflecting Forge's commitment to transparency and effective communication. Visitors can explore the site to learn more about the company's projects, strategies and initiatives.

About Forge Resources Corp.

Forge is a Canadian-listed junior exploration company. The company holds a 60-per-cent interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. La Estrella contains eight known seams of metallurgical and thermal coal. The company also holds an option on 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 the Yukon territory of Canada.

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