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Forge Resources Refines Porphyry Targets with New Geophysical Inversion at the Alotta Project
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company"), is pleased
About this update from Forge Resources Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) (\"FRG\" or the \"Company\"), is pleased to announce the results and early-stage interpretations of new geophysical re-processing from the Alotta Project, located within Yukon's Dawson Range Gold Belt (Figure 1). Interpretation of this new geophysical data has led to the identification of several geophysical anomalies that the Company believes are compelling porphyry targets. Highlights: Several new magnetic anomalies have been identified that have not been tested by diamond drilling. These anomalies appear as circular anomalies with apparent magnetic highs surrounded by lows, which are a characteristic feature recognized in many porphyry systems. Several drill holes from previous drill campaigns located along the edges of these magnetic anomalies have returned significant mineralized intercepts. Surface soil and rock geochemistry shows strongly anomalous values for copper, gold and molybdenum surrounding or overlying the magnetic anomalies. 3D magnetic inversion data shows distinct magnetic bodies below surface, which are interpreted to possibly represent multi-phase stocks of magmatic material. PJ Murphy, CEO of Forge Resources, states: \"The results of the new geophysical interpretation, coupled with surface geochemistry and highly prospective age and geochemical data, further confirms our believe that the Alotta Project is a highly prospective porphyry target in one of Yukon's most prolific mineral belts. Our technical team is excited and are working hard to leverage this new data into high quality targets to guide the ongoing planning of the 2026 drill program. With planning underway, we are one step closer to the commencement of drilling at Alotta which is expected to begin at the end of May.\" Geophysical re-processing work was performed by Todd Ballantyne of in3D Geoscience Inc. and consisted of both magnetization vector intensity (MVI) and conventional magnetic susceptibility (SUS) models. Due to the notable difference between the MVI and SUS models (likely the result of magnetic remanence), the MVI model is used. Re-processing and modeling include inversion of previously flown magnetic data and subsequent three-dimensional (3D) inversion. Initial impressions of the MVI magnetic inversion have ident...