Forge Resources identifies porphyry system at Commission Zone, Yukon

Vancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) (" FRG " or the " Company "), is pleased to provide a progress update and preliminary observations from its ongoing drill program at the Alotta Project, located within Yukon's Dawson Range Gold Belt (Figure 1). Drilling operations are progressing ahead of schedule, with four drill holes completed to date. One drill hole remains in the Phase 1 program, which will be completed prior to a scheduled drilling break.

Highlights : Two drill holes (totaling 1017 m) have been completed at the Commission Zone, which intersected encouraging indicators high-temperature porphyry alteration and mineralization. In hole ALT-26-018, quartz veining and stockwork with pyrite, pyrrhotite and lesser chalcopyrite and molybdenite were observed along with strong chlorite, magnetite and biotite alteration, which visually appear to increase with depth. Hole ALT-26-018 was terminated beyond its target depth in strong stockwork veining and chlorite, biotite and magnetite alteration due to drill hole limitations.

Drilling is currently underway at the Severance Zone , which is targeting a magnetic anomaly that coincides with a 550 by 450 m gold-copper-molybdenum soil anomaly, and a historical rock sample that returned 1.21 g/t gold and 0.35% copper. One drill hole (totaling 397 m) has been completed at the Payoff Zone that was designed to test a magnetic anomaly to the west of the known area of mineralization. Porphyritic rocks and granodiorite were intersected which host narrow mineralized veinlets and sporadic narrow polymetallic veins with arsenopyrite and sphalerite, consistent with mineralization observed in previous drill holes at the Payoff Zone.

Approximately 1800 metres have been drilled across four drill holes, representing approximately 70% of the Phase 1 program. PJ Murphy, CEO