Mr. P.J. Murphy reports

FORGE RESOURCES ANNOUNCES PROPOSED 4000-METRE DIAMOND DRILL PROGRAM AT ALOTTA PROJECT, YUKON

Forge Resources Corp. has proposed a diamond drill program comprising up to 4,000 metres across approximately 12 drill holes ranging from 300 metres to 350 metres. This initiative aims to test stepouts on previously identified mineralization in the Payoff zone and explore untested coincident geophysical and geochemical anomalies across targeted areas.

P.J. Murphy, chief executive officer of Forge Resources, stated: "Our team is excited by the promising results from our previous seasons' exploration programs. With more comprehensive and refined data in hand, we are now able to focus on several higher-priority targets that show significant potential for advancing the Alotta property. This marks an exciting chapter in our journey to uncover its full value."

Strategic location of Alotta property

The Alotta property is located approximately 40 kilometres south of Western Copper's Casino deposit -- one of the largest undeveloped gold-copper porphyry deposits globally. Geochemical and geophysical surveys at Alotta have outlined several prospective targets larger than the current Casino resource area. Similar to the Casino project, the Alotta hosts multiphased intrusions of the Dawson Range dating back to the Late Cretaceous period.

Results of previous exploration and mineralization

To date, Forge Resources has completed six widely spaced diamond drill holes totalling 2,659 metres. All holes encountered significant gold, copper and molybdenum mineralization typically associated with quartz-sericite-pyrite alteration within semi-crowded to crowded quartz-plagioclase porphyry. Mineralization includes disseminated and fracture-controlled pyrite and pyrrhotite, along with minor chalcopyrite and molybdenite linked to quartz veins and microveins.

Compilation of prior drilling data indicates potentially economic mineralization correlated with coincident induced polarization, chargeability highs, moderate to high resistivities and magnetic lows.

Proposed exploration program for spring/summer 2025

The Forge technical team, in collaboration with Archer Cathro and Associates, has designed a spring/summer exploration program of up to 4,000 metres of diamond drilling, across approximately 12 proposed holes ranging from 300 to 350 metres. The majority of these will focus on stepouts within the Payoff zone and untested coincident geophysical and geochemical anomalies over a four-kilometre-by-one-kilometre area.

This exploration effort is propelled by record-high gold prices, creating a surge of activity in gold exploration projects globally.

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. 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 Yukon, Canada.

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