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 (CSE: FRG) (OTCQB: FRGGF) has announced significant progress at its fully licensed coal project in Colombia. Key developments include:
1. Completion of pilot hole drilling for the 170-meter underground decline, reaching a depth of 175 meters.
2. Engineered site preparation, including drainage systems, slope stability studies, and environmental measures like hydroseeding and tree planting.
3. Camp construction advancements, with completed cafeteria and kitchen areas.
4. Strategic team expansions, hiring experienced professionals Enrique Estrada (Senior Mining and Metallurgical Engineer) and Luis Carlos Herrera (Senior Civil Engineer).
These developments are important for the project's progress towards securing a valuable bulk sample, which will provide essential data for informed decision-making and contribute to the project's overall success.
Forge Resources Corp (CSE: FRG) (OTCQB: FRGGF) ha annunciato progressi significativi nel suo progetto di carbone, completamente autorizzato, in Colombia. Gli sviluppi chiave includono:
1. Completamento della perforazione del foro pilota per la discesa sotterranea di 170 metri, raggiungendo una profondità di 175 metri.
2. Preparazione del sito ingegneristica, compresi sistemi di drenaggio, studi di stabilità delle pendici e misure ambientali come l'idrosemina e la piantumazione di alberi.
3. Progressi nella costruzione del campo, con aree della mensa e della cucina completate.
4. Espansioni strategiche del team, con assunzione di professionisti esperti come Enrique Estrada (Ingegnere Minerario e Metallurgico Senior) e Luis Carlos Herrera (Ingegnere Civile Senior).
Questi sviluppi sono importanti per il progresso del progetto volto a garantire un campione volumetrico di valore, che fornirà dati essenziali per decisioni informate e contribuirà al successo complessivo del progetto.
Forge Resources Corp (CSE: FRG) (OTCQB: FRGGF) ha anunciado avances significativos en su proyecto de carbón, totalmente licenciado, en Colombia. Los desarrollos clave incluyen:
1. Finalización de la perforación del agujero piloto para la pendiente subterránea de 170 metros, alcanzando una profundidad de 175 metros.
2. Preparación del sitio diseñada, incluyendo sistemas de drenaje, estudios de estabilidad de pendientes y medidas ambientales como la hidro-siembra y la plantación de árboles.
3. Avances en la construcción del campamento, con áreas de cafetería y cocina completadas.
4. Expansiones estratégicas del equipo, contratando profesionales experimentados como Enrique Estrada (Ingeniero de Minería y Metalurgia Senior) y Luis Carlos Herrera (Ingeniero Civil Senior).
Estos desarrollos son importantes para el progreso del proyecto hacia la obtención de una muestra volumétrica valiosa, que proporcionará datos esenciales para la toma de decisiones informadas y contribuirá al éxito general del proyecto.
Forge Resources Corp (CSE: FRG) (OTCQB: FRGGF)는 콜롬비아에 위치한 완전 허가된 석탄 프로젝트에서 중요한 진전을 발표했습니다. 주요 발전 사항은 다음과 같습니다:
1. 170미터 깊이의 지하 경사면을 위한 시추공 드릴링이 완료되어 175미터 깊이에 도달했습니다.
2. 엔지니어링된 현장 준비, 배수 시스템, 경사 안정성 연구 및 수경 재배와 나무 심기와 같은 환경 조치가 포함됩니다.
3. 캠프 건설 진전, 구내식당과 주방 공간이 완료되었습니다.
4. 전략적 팀 확장, 경험이 풍부한 전문가 Enrique Estrada(수석 광업 및 금속공학 엔지니어) 및 Luis Carlos Herrera(수석 토목 엔지니어)를 채용했습니다.
이러한 발전은 귀중한 대량 샘플 확보를 위한 프로젝트 진행 상황에 중요하며, 정보에 기반한 의사 결정을 위한 필수 데이터를 제공하고 프로젝트의 전반적인 성공에 기여할 것입니다.
Forge Resources Corp (CSE: FRG) (OTCQB: FRGGF) a annoncé des progrès significatifs dans son projet de charbon entièrement autorisé en Colombie. Les développements clés comprennent :
1. Achèvement du forage du trou pilote pour la descente souterraine de 170 mètres, atteignant une profondeur de 175 mètres.
2. Préparation du site ingénierisée, y compris des systèmes de drainage, des études de stabilité des pentes et des mesures environnementales telles que l'hydroseeding et la plantation d'arbres.
3. Avancées dans la construction du camp, avec des zones de cafétéria et de cuisine terminées.
4. Expansions stratégiques de l'équipe, recrutant des professionnels expérimentés comme Enrique Estrada (ingénieur senior en exploitation minière et métallurgie) et Luis Carlos Herrera (ingénieur civil senior).
Ces développements sont importants pour le progrès du projet en vue d'assurer un échantillon en vrac précieux, qui fournira des données essentielles pour une prise de décision éclairée et contribuera au succès global du projet.
Forge Resources Corp (CSE: FRG) (OTCQB: FRGGF) hat bedeutende Fortschritte bei seinem vollständig lizenzierten Kohlenprojekt in Kolumbien bekannt gegeben. Wichtige Entwicklungen umfassen:
1. Abschluss der Pilotbohrungen für den 170 Meter langen unterirdischen Abstieg, der eine Tiefe von 175 Metern erreicht hat.
2. Ingenieure Vorbereitungen des Standorts, einschließlich Entwässerungssystemen, Stabilitätsstudien von Hängen und umweltfreundlichen Maßnahmen wie Hydroseeding und Baumplantagen.
3. Fortschritte beim Bau des Lagers, mit fertiggestellten Mensa- und Küchenbereichen.
4. Strategische Teamerweiterungen, die die erfahrenen Fachleute Enrique Estrada (Senior Bergbau- und Metallurgieingenieur) und Luis Carlos Herrera (Senior Bauingenieur) einstellen.
Diese Entwicklungen sind wichtig für den Fortschritt des Projekts in Richtung Sicherstellung einer wertvollen Bulkprobe, die wesentliche Daten für informierte Entscheidungen liefern und zum Gesamterfolg des Projekts beitragen wird.
- Successful completion of pilot hole drilling for underground decline development
- Implementation of engineered site preparation measures, including drainage systems and slope stability
- Progress in camp construction with completed cafeteria and kitchen areas
- Strategic hiring of experienced professionals to strengthen the technical team
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce the completion of the pilot hole drilling to guide underground development of it's 170-meter 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, CEO of Forge Resources, states: "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 (Figure # 1 and 2).
- 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 (Figure # 3).
- 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 (Figure # 4).
- Land has been cleared and leveled in preparation for development of additional crew accommodations.
Strategic Technical Team Expansions
To strengthen the project's execution, Forge Resources Corp 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. 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.
Luis Carlos Herrera - a Senior Civil Engineer with more than 25 years of experience in civil engineering, water management, and surface engineering projects. Herrera will guide the surface works required to prepare the commencement of the bulk sampling program.
Figure # 1 - Project Development Map
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Figure # 2 - Overhead site orientations
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Figure # 3 - Enhancement of water management systems and slope control
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Figure # 4 - Camp kitchen construction nearing completion
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Qualified Person
Lorne Warner, P.Geo, and President of Forge Resources Corp. 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 Corp. is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 km south-east 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 a
On behalf of the Board of Directors
"Cole McClay", CEO Forge Resources Corp.
info@forgeresourcescorp.com
604-271-0826
Forward-Looking Statements
Certain of the statements made and information contained herein may contain forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbor.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221360
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