Business
Forge Encounters Coal Seam amid Rising Coal Prices and Completes Resin Injections at La Estrella, Colombia
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("Forge" or the "Company") is pleased to provide an operational update from its fully permitted flagship La Estrella coal project, located in Santander, Colombia. Underground development activities continue to advance steadily, supported by a fully deployed operational team and ongoing progress in the main underground ramp as the Company enters 2026.During recent...
About this update from Forge Resources Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("Forge" or the "Company") is pleased to provide an operational update from its fully permitted flagship La Estrella coal project, located in Santander, Colombia. Underground development activities continue to advance steadily, supported by a fully deployed operational team and ongoing progress in the main underground ramp as the Company enters 2026.","length":498,"tagName":"p"},{"type":"text","content":"During recent development of the underground project, the Company has re-encountered a coal seam at the development face of the underground ramp showing at 1.1 metres in width (Photo 1). The company first encountered this coal seam in July 2025, and these events were previously reported in News Releases dated July 24, 2025 and August 13, 2025. This exposure further confirms the continuity and geological potential of the La Estrella coal system. No additional assays are planned at this stage, as the seam encountered corresponds to previously identified and characterized coal horizons for which laboratory analysis has already been completed.","length":647,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":309,"url":"https://media.zenfs.com/en/newsfile_64/198392d56ebd52381faddeee0b66410e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rkic6APtU1HoKLMf32Pxtg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUzOTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/198392d56ebd52381faddeee0b66410e","width":550,"height":309}},"href":"https://images.newsfilecorp.com/files/8680/280917_6214fd4584c2d8cc_001full.jpg","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Photo 1. Coal seam exposed at the development face of the underground ramp","length":74,"tagName":"p","attribs":{}},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8680/280917_6214fd4584c2d8cc_001full.jpg","length":137,"tagName":"p","attribs":{}},{"type":"text","content":"In parallel with ongoing development, Forge has started implementing additional enhancement measures in collaboration with Grupo A and Webber Mining & Tunneling to furthe...