Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Forge Resources Intercepts 105 g/t Au in the Payoff Zone at Alotta Project, Yukon

FRG · Price

Executive Summary

  • Forge Resources reported a high‑grade gold intercept of 105 g/t Au over 1.25 m from drill hole ALT‑25‑012 in the Payoff Zone of the Alotta project.
  • The result is part of Phase 2 diamond drilling (total 1,262.75 m in four holes) and reinforces a 500‑m strike length of widespread gold‑bearing sulphide mineralization.
  • Additional assay results from rushed samples and the remainder of the Phase 2 program are still pending; the company will continue targeting “bull’s‑eye” multi‑element anomalies.

Key Details

  • Intercept: 105 g/t Au over a core length of 1.25 m (true width unknown; contacts 10–35° to core axis) from drill hole ALT‑25‑012, Payoff Zone.
  • Drilling Summary: Phase 2 program completed 4 holes totaling 1,262.75 m in 2025. Hole ALT‑25‑012 length = 339.75 m (Easting 623260, Northing 6915966, Elevation 1078 m, Azimuth 135°, Dip –60°).
  • Assay Table Highlights:
From (m) To (m) Interval (m) Au (g/t)
287.15 288.40 1.25 105
  • Other Assays: Pending for Ag, Cu, Mo in the same interval.
  • Historical Context: Prior drill holes in Payoff Zone include ALT‑23‑001 (0.46 g/t Au over 211.65 m) and ALT‑25‑009 (53.22 m at 0.45 g/t Au). All five holes show disseminated and vein‑controlled gold‑bearing sulphide mineralization across a 500‑m inferred strike length.
  • Geology: Intercept intersected quartz veins with visible native gold, bismuthinite, pyrrhotite, chalcopyrite, arsenopyrite, molybdenite, sphalerite; alteration includes pervasive secondary biotite, silicification, chlorite and sericite halos.
  • Laboratory Work: Analyses performed by ALS Canada Ltd.; fire‑assay with atomic absorption finish for Au; QA/QC procedures met (standards, duplicates, blanks).
  • Upcoming Events: Forge will display select Alotta drill core at the Yukon Geoscience Forum (Nov 16‑19) and provide a technical update on Nov 19.
  • Forward Outlook: Company plans to prioritize additional “bull’s‑eye” targets defined by coincident Cu‑Au‑Mo soil anomalies and supporting geophysical signatures; awaiting remaining assay results from rushed 40‑sample batch and the rest of Phase 2 program.

Notable Quotes

“We are extremely excited by the exceptional high‑grade gold results from hole ALT‑25‑012, which returned 105 g/t Au over 1.25 metres… The consistently strong gold grades and wide mineralized intervals encountered to date further confirm the strength, continuity, and scale of this growing gold system.” – PJ Murphy, CEO, Forge Resources Corp.

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