Forge Resources Corp. Announces Start of Construction on Mine Portal and Upcoming Executive Site Visit at Fully Permitted Coal Project, Colombia
Forge Resources Corp announces the start of construction on a mine portal at Aion Mining Corp's La Estrella project in Santander, Colombia. Construction is set to begin mid-November 2024, with all necessary permits granted for underground development. The portal will enable access to high-grade metallurgical and thermal coal seams, allowing for underground decline development and extraction of a minimum 20,000 metric tonnes bulk sample. The company also announces an executive site visit scheduled for November 12-13, where executives will review progress and discuss strategic plans. Additionally, the team will explore opportunities to expand their coal project portfolio by evaluating additional Colombian coal concessions.
Forge Resources Corp annuncia l'inizio della costruzione di un portale minerario presso il progetto La Estrella di Aion Mining Corp a Santander, Colombia. I lavori inizieranno a metà novembre 2024, con tutti i permessi necessari concessi per lo sviluppo sotterraneo. Il portale consentirà l'accesso a strati di carbone metallurgico e termico di alta qualità, permettendo lo sviluppo di un declino sotterraneo e l'estrazione di un campione bulk minimo di 20.000 tonnellate metriche. L'azienda annuncia anche una visita di un team esecutivo in programma per il 12-13 novembre, durante la quale gli esecutivi esamineranno i progressi e discuteranno piani strategici. Inoltre, il team esplorerà opportunità per espandere il loro portafoglio di progetti carboniferi valutando ulteriori concessioni di carbone in Colombia.
Forge Resources Corp anuncia el inicio de la construcción de un portal minero en el proyecto La Estrella de Aion Mining Corp en Santander, Colombia. La construcción comenzará a mediados de noviembre de 2024, con todos los permisos necesarios otorgados para el desarrollo subterráneo. El portal permitirá el acceso a capas de carbón metalúrgico y térmico de alta calidad, lo que facilitará el desarrollo de un declive subterráneo y la extracción de una muestra a granel mínima de 20,000 toneladas métricas. La compañía también anuncia una visita del equipo ejecutivo programada para el 12 y 13 de noviembre, donde los ejecutivos revisarán el progreso y discutirán planes estratégicos. Además, el equipo explorará oportunidades para expandir su cartera de proyectos de carbón evaluando concesiones adicionales de carbón en Colombia.
포지 리소스 Corp는 콜롬비아 산탄데르에 있는 Aion Mining Corp의 라 에스트렐라 프로젝트에서 광산 포털 건설을 시작한다고 발표했습니다. 건설은 2024년 11월 중순에 시작될 예정이며, 지하 개발에 필요한 모든 허가가 부여되었습니다. 이 포털은 고품질의 금속 및 열탄층에 접근할 수 있게 하여, 지하 경사 개발 및 최소 20,000 미터톤의 벌크 샘플 추출을 가능하게 합니다. 또한, 회사는 11월 12-13일로 예정된 경영진 현장 방문을 발표하며, 경영진은 진행 상황을 검토하고 전략 계획에 대해 논의할 예정입니다. 또한, 팀은 추가적인 콜롬비아 석탄 권리를 평가하여 석탄 프로젝트 포트폴리오를 확장할 기회를 모색할 것입니다.
Forge Resources Corp annonce le début de la construction d'un portail minier dans le projet La Estrella d'Aion Mining Corp à Santander, Colombie. La construction devrait commencer à la mi-novembre 2024, tous les permis nécessaires pour le développement souterrain ayant été accordés. Le portail permettra d'accéder à des couches de charbon métallurgique et thermique de haute qualité, facilitant le développement d'une déclivité souterraine et l'extraction d'un échantillon en vrac minimal de 20 000 tonnes métriques. L'entreprise annonce également une visite du personnel exécutif prévue pour les 12 et 13 novembre, au cours de laquelle les dirigeants examineront les progrès réalisés et discuteront des plans stratégiques. De plus, l'équipe explorera des opportunités pour élargir son portefeuille de projets de charbon en évaluant d'autres concessions de charbon en Colombie.
Forge Resources Corp kündigt den Beginn des Baus eines Bergbauportals im La Estrella-Projekt der Aion Mining Corp in Santander, Kolumbien, an. Der Bau soll Mitte November 2024 beginnen, da alle erforderlichen Genehmigungen für die Untertageentwicklung erteilt wurden. Das Portal ermöglicht den Zugang zu hochwertigen metallurgischen und thermalen Kohlenlagen, was die Entwicklung eines unterirdischen Abbaus und die Entnahme einer minimalen 20.000 metrischen Tonnen Bulkprobe ermöglicht. Das Unternehmen kündigt außerdem einen Besuch des Führungsteams an, der für den 12. und 13. November angesetzt ist, bei dem die Führungskräfte den Fortschritt überprüfen und strategische Pläne besprechen werden. Darüber hinaus wird das Team Möglichkeiten zur Erweiterung ihres Kohlenprojektportfolios prüfen, indem es zusätzliche kolumbianische Kohlenkonzessionen bewertet.
- All necessary permits obtained for underground development
- Construction of mine portal to begin mid-November 2024
- Potential revenue generation from 20,000 metric tonnes bulk sample
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2024) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce the commencement of construction on the mine portal at Aion Mining Corp's La Estrella project located in Santander, Colombia.
The construction of the mine portal is proposed to begin by mid November, 2024. All necessary permitting and assessments are granted to commence the underground development. The portal will provide essential access for the extraction of high-grade metallurgical and thermal coal seams, enabling Forge to efficiently develop the underground decline and obtain potentially revenue generating a bulk sample of a minimum of 20,000 metric tonnes.
Cole McClay, CEO of Forge Resources: "We are excited to officially commence construction on the mine portal, a crucial element of our development strategy. This portal serves as the gateway to our success, and its timing aligns with our vision of transforming the project into a producing resource with the information gathered from the bulk sample.
In conjunction with this exciting development, Forge will be conducting an executive site visit on November 12-13. Forge executives will review project progress and meet with the technical team to discuss the project's potential. This visit represents an opportunity at a development milestone to gain direct insights into operations and the strategic plans.
PJ Murphy, Chairman of Forge Resources: "I am looking forward to visiting the project site and witnessing firsthand the incredible opportunities that lie ahead. Meeting with our technical team will be invaluable as we explore the potential of this project and the positive impact it can have on our future. I am eager to engage with the talented individuals driving this project forward."
The executive team will also be engaging in strategic discussions focused on identifying additional Colombian coal concessions in various stages of the permitting process. This initiative aims to evaluate opportunities for expanding the coal project portfolio in line with the Company's commitment to sustainable and responsible resource development. By assessing these concessions, Forge seeks to enhance its position in the global coal market.
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. 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.
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FAQ
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