Forge Resources Intersects Additional Visible Gold in First Hole of Phase

Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) (“FRG” or the “Company”) is pleased to announce initial observations of mineralization from the first diamond drill hole of the Phase II, 2025 drill program at the Alotta gold-copper porphyry property. ALT-25-012 intersected polymetallic veins, with one containing numerous grains of coarse visible gold. Drilling is currently underway at the Alimony Target, and the Company expects to complete an additional 3-4 holes during this program.

Highlights:

• At the Payoff Zone, hole ALT-25-012, collared ~200 m to the west of previous drilling, intersected numerous occurrences of visible gold from a sulphide-rich quartz vein (Photo 1 and Figure 1).
• Diamond drilling has now tested the lower Payoff Zone over a 500-metre strike length, with all holes consistently intercepting combined porphyry and vein style mineralization.
• Widespread quartz-sulphide (pyrite, pyrrhotite, molybdenite and chalcopyrite) veining has been encountered throughout hole ALT-25-012, consistent with gold-bearing vein and porphyry-style mineralization previously observed at the Payoff Zone, including near-surface polymetallic pyrite-pyrrhotite-arsenopyrite-sphalerite veins.
• Drilling has commenced at the Alimony Target, approximately 800 m to the northwest of the Payoff Zone. The Alimony Target is a 300 x 500 gold and molybdenum soil anomaly that has never been drilled.

Photo 1. Quartz vein with coarse native gold. Red circles highlight some of the clusters of native gold found within the vein.

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Figure 1. Photos of coarse visible gold and bismuthinite in ~10 cm wide quartz vein (287.32 – 288.24 m).

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After the successful completion of the Phase I program, which intersected gold-enriched mineralization in all drill holes (see news release dated September 8, 2025), Phase II drilling began with a hole collared 215 m to the west of previous drilling at the Payoff Zone (Figure 2 and Table 1). Hole ALT-25-012 has encountered similar, veining and alteration as previous holes, increasing the known strike length of the Payoff Zone to 500 m. The zone remains open in all directions.

Figure 2. Diamond Drill Hole Map

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The Payoff Zone is a gold-enriched area of widespread, near-surface, quartz-sulphide and sulphide (pyrite-pyrrhotite±chalcopyrite±molybdenite) mineralization that is thought to lie peripheral to a large porphyry centre. Inaugural drilling at this zone returned a discovery interval of 219 m grading 0.46 g/t Au, including 22.45 m grading 1.20 g/t Au from drill hole ALT-23-001 (see news release dated February 29, 2024). The zone is…