Mr. P.J. Murphy reports

FORGE RESOURCES ANNOUNCES VISIBLE GOLD AND CONTINUED PORPHYRY MINERALIZATION AT ALOTTA PROJECT, YUKON

Forge Resources Corp. has observed two occurrences of visible gold in ALT-25-009 with continued visual confirmation of porphyry mineralization, veining and alteration in drill holes from Phase 1 drilling of the 2025 Alotta program.

Further to press-release June 12, 2025, visual verification of significant porphyry style mineralization, veining and alteration from drill holes ALT-25-009 and 010 continues. Hole ALT-25-011 is currently under way. Phase 1 of the 2025 drill program is designed to test several targets within a four-kilometre-by-two-kilometre area of anomalous soil geochemistry and geophysical anomalies.

Drill highlights:

• Alteration and mineralization consistent with a large porphyry system has been observed in all 2025 drill holes to date.
• Visible gold has been observed in hole ALT-25-009 within two separate polymetallic quartz-sulphide veins.
• At the Payoff zone, hole ALT-25-009 has encountered numerous quartz-sulphide (pyrite, pyrrhotite, molybdenite, chalcopyrite) and polymetallic (pyrite, pyrrhotite, arsenopyrite, molybdenite, sphalerite and galena) veins.
• At the Severance zone, hole ALT-25-010 has intersected porphyry style veining, mineralization and alteration, which increases at depth.
• Quartz-pyrite-molybdenite veins are commonly found in hole ALT-25-010 along with narrow intervals of quartz-pyrite-chalcopyrite veins and breccias.

All drill holes to date, have intersected mineralized and altered porphyritic intrusions believed to be part of the regionally significant Casino suite, a Late Cretaceous igneous suite that hosts significant porphyry and vein style mineral deposits across the Dawson Range gold belt, including the Casino Cu-Mo-Au (copper-molybdenum-gold) porphyry deposit.

Lorne Warner, PGeo, states, "The presence of visible gold and the robust porphyry-style mineralization observed in multiple drill holes strongly supports the potential for significant resource development at the Alotta project, the increasing alteration and mineralization are promising indicators of a well-developed mineral system."

Hole ALT-25-009 was drilled off the same pad as ALT-25-008. The hole collared into granodiorite of the Whitehorse suite, which is weakly altered near the top of the hole with alteration increasing at depth. The granodiorite becomes brecciated by intrusion of quartz-feldspar porphyry and associated hydrothermal fluids and clasts are cemented by a biotite dominated matrix that is variably overprinted by intense silicification. Chlorite and sericite alteration overprint silicification and increases with depth. At approximately 110-metre depth, strongly altered quartz-feldspar porphyry is encountered.

Mineralization in the hole is characterized by abundant millimetre to centimetre quartz and quartz-sulphide (pyrite) veins and veinlets, and wider-spread centimetre-scale polymetallic quartz sulphide (pyrite, pyrrhotite, galena, sphalerite plus or minus chalcopyrite, and molybdenite) veins. In two separate locations (108 m and 149 m depth) visible gold has been found within quartz veins also hosting pyrite and pyrrhotite. At approximately 150 m depth quartz-chalcopyrite-pyrite veins were intersected with well-developed sericite and chlorite alteration selvages.

Hole ALT-25-010 was drilled in the southern Severance zone to test coincident gold, copper and molybdenum soil geochemical anomalies that overlap with chargeability high and magnetic low geophysical anomalies. The hole collared into very strongly altered and hydrothermally brecciated granodiorite. Quartz-sulphide veinlets are found throughout the hole with variable vein densities. The hole passes in and out of the brecciated contact between the granodiorite and the quartz-feldspar porphyritic rocks. Both rocks are strongly altered with clasts of the granodiorite within the porphyry.

Pyrite, molybdenite and pyrrhotite are common throughout the drill hole with molybdenite commonly found within quartz veins and veinlets. Chalcopyrite is less common but can be found in localized veins and within the matrix of breccias. Alteration and veining continue at depth.

Proximity to proven resources

The Alotta property now consists of 230 mineral claims that covers approximately 4,723 hectares in a similar geological setting to Western Copper and Gold's Casino deposit, that is located 50 km to the southeast. The Casino deposit is one of the most economic, greenfield copper-gold mining projects in the world which is ranked as one of the top 10 largest, undeveloped, copper-gold porphyry deposits in the world.

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 consisting of 230 mineral claims that cover 4,723 hectares, located 50 km southeast of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.

In addition, the company holds an 80-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.

Qualified person

Lorne Warner, president, and PGeo, 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.

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