Welcome to our dedicated page for Forge Resources news (Ticker: FRGGF), a resource for investors and traders seeking the latest updates and insights on Forge Resources stock.
Forge Resources Corp. reports company developments tied to mineral exploration at the Alotta Project in Yukon, including diamond drilling, gold assay results, geochemical findings, zone-level updates, and Re-Os dating of porphyry-style mineralization. News also covers its 80% interest in Aion Mining Corp. and the La Estrella coal project in Colombia.
Forge Resources news also includes capital-structure updates such as private placements, flow-through units, warrants, compensation securities, and Canadian securities offering exemptions, along with operating summaries and governance-related company matters.
Forge Resources (OTCQB: FRGGF) announced completion and full payment of core infrastructure at its fully permitted La Estrella coal project in Santander, Colombia. Key surface facilities now operating include Phase 1 mining camps, a purpose-built power and mechanical station, upgraded road access, and active reforestation.
The initial camp houses more than 24 underground miners and staff, with foundations designed for future expansion. A dedicated on-site power/compressor station supports scalable underground operations. About 70 metres of heavy-duty concrete access road were built via community collaboration, while around 1,600 trees were planted in the past quarter under environmental and ESG commitments.
Forge Resources (OTCQB: FRGGF) announced plans for a 5,000 m 2026 diamond drill campaign at the Alotta Project in Yukon’s Dawson Range Gold Belt. An initial 2,500 m across eight holes will test at least four targets.
Drilling will focus on undrilled geophysical porphyry targets and step-outs at the Payoff, Severance, Commission and Alimony zones, guided by strong soil anomalies and prior wide gold-copper intercepts.
Forge Resources (OTCQB: FRGGF) reported encountering two additional coal seams while advancing the underground ramp at its fully permitted La Estrella coal project in Colombia. The seams are consistent with prior observations, reinforcing confidence in the coal-bearing system and the geological model.
The main ramp continues to progress and is key access to eight underground coal seams. Forge also applied to join the Critical Minerals Institute (CMI), aligning its metallurgical coal asset with global critical minerals and strategic materials frameworks.
Forge Resources (OTCQB: FRGGF) reported new 3D magnetic inversion results from the Alotta copper-gold project in Yukon’s Dawson Range Gold Belt. The work outlines several circular magnetic anomalies, supported by anomalous copper, gold and molybdenum geochemistry, now guiding the 2026 diamond drilling program.
Forge also announced the resignation of President Lorne Warner and the appointment of Kelson Willms, P.Geo., as Qualified Person, maintaining technical oversight.
Forge Resources (OTCQB: FRGGF) plans to apply for export permits to ship representative coal samples from its La Estrella project in Colombia to a U.S. laboratory for advanced metallurgical and thermal testing by Matexcel.
The work targets coke strength, fluidity, ash, volatiles, sulfur, and carbon performance to classify the coal in global markets and guide technical planning. The announcement also notes recent U.S. policy moves elevating metallurgical coal as a critical material and strategic industrial input.
Forge Resources (OTCQB: FRGGF) closed the second tranche of a brokered flow-through private placement, issuing 5,313,000 flow-through units at $0.50 per unit for $2,656,500. Together with the first tranche, the Offering raised aggregate gross proceeds of $6,000,000.
Each FT Unit includes one flow-through common share and one warrant exercisable at $0.70 to May 7, 2029. Proceeds will fund Canadian qualifying exploration expenditures to be incurred by December 31, 2027, and renounced no later than December 31, 2026. The company paid a 7% cash commission and issued compensation warrants equal to 7% of FT Units. Forge engaged SnowBridge for digital marketing with an initial $400,000 CAD cash campaign starting May 11, 2026.
Forge Resources (OTCQB: FRGGF) reports Re-Os molybdenite ages from the Alotta Project that date porphyry mineralization to the Late Cretaceous (72.8–73.1 Ma). Geochemical data indicate oxidizing conditions similar to major Dawson Range porphyry-epithermal deposits, including Casino. The property covers 230 claims (~4,723 ha); technical studies and geophysical reprocessing are underway to guide 2026 drill planning.
Forge Resources (OTCQB: FRGGF) provided an update on its fully permitted La Estrella coal project in Santander, Colombia, reporting steady underground ramp advancement, re-encountered coal seams, and targeted ground-reinforcement measures. Laboratory results show premium coal: up to 13,846 BTU/lb, 0.82% sulphur, low ash/moisture and FSI up to 8.
The company announced a brokered flow-through private placement of up to 8,000,000 FT Units for $4,000,000 (C$0.50/unit) with warrants at C$0.70 (36 months), expected to close around April 30, 2026.
Forge Resources (OTCQB: FRGGF) engaged Capitaliz Marketing to provide investor awareness and digital marketing services, beginning April 19, 2026. The initial term is three months, then month-to-month with 30 days' notice. The company allocated an initial $200,000 CAD campaign budget, expandable to $300,000 CAD payable in cash.
No equity, success fees, or performance-based pay will be issued to Capitaliz; promotional activities will be overseen by the company and conducted under CSE policies. Capitaliz is prohibited from trading during the engagement and Forge filed the required Form 10 with the CSE.
Forge Resources (OTCQB: FRGGF) closed an initial tranche of a brokered "best efforts" private placement on March 27, 2026, issuing 6,687,000 Units at $0.50 per Unit for gross proceeds of $3,343,500.
Each Unit includes one common share and one half warrant; each whole warrant exercisable at $0.75 until March 27, 2029. The Agent received 7.0% cash commission and compensation options equal to 7.0% of the Offering.