Forge Resources Corp. is pleased to announce the extension of exclusivity period to January 16, 2025, pursuant to the non-binding letter of intent with Aion Mining Corp. . As previously announced on September 17, 2024, Aion and Forge Resources Corp. Forge agreed to negotiate the purchase of additional shares of Aion to bring the Company's total interest to 60% of Aion on a post-closing, fully-diluted basis. The Proposed [...]
Forge Resources Corp. is pleased to announce a change of senior officers. As part of a strategic reorganization to strengthen its focus on corporate awareness and project development, the Company has appointed PJ Murphy, the current Chairman of the Board, as the new Chief Executive Officer , and Cole McClay, the current CEO, will transition to the role of Chief Operating Officer , effective immediately. The change comes [...]
Forge Resources Corp. is pleased to announce the appointment of Camilo Cordovez Amador as Vice President of Finance, and Patrick Bonner as Special Advisor to the Company. Appointment of VP of Finance The Company has appointed Camilo Cordovez Amador as Vice President of Finance for the Company. Camilo brings a wealth of experience in both the financial and mining sectors. Camilo brings over 16 years of experience in [...]
Forge Resources Corp. is pleased to announce the overview of the design plans for the construction of a mine portal at the La Estrella Coal Project, located in Santander, Colombia. The new mine portal will be a critical development milestone for the project, providing essential infrastructure to support the future decline ramp and soil stability necessary for advancing underground bulk sampling mining exploration. The La [...]
Forge Resources is pleased to announce a significant milestone in the development of its mining operations, highlighted by the successful groundbreaking of the decline portal at Aion Mining Corp's La Estrella coal project. This marks the beginning of an exciting new phase in the Company's strategic growth. In addition, Forge is pleased to welcome two highly experienced mining professionals to its leadership team [...]
Forge Resources Corp. is pleased to announce the commencement of construction on the mine portal at Aion Mining Corp's La Estrella project located in Santander, Colombia. The construction of the mine portal is proposed to begin by mid November, 2024. All necessary permitting and assessments are granted to commence the underground development. The portal will provide essential access for the extraction of high-grade [...]
Forge Resources Corp. is pleased to announce the company has completed its portal design, and additional environmental advancements at the fully permitted La Estrella Coal Project in Santander, Colombia. The new portal will provide surface access to develop the decline towards coal resources and is the first significant step in securing the first 20,000 Mt bulk sample of metallurgical and thermal coal. Earthworks specific [...]
Forge Resources Corp. is pleased to announce the commissioning of a detailed structural analysis study based on the diamond drilling completed to date. The purpose of the study is to identify structural relationships and preferred structural orientations to higher grade gold mineralization. The completion of this study will help determine the proper drill orientations for testing both disseminated and fracture controlled [...]
Forge Resources Corp. is pleased to announce that it has entered into a non-binding letter of intent with Aion Mining Corp. outlining the general terms and conditions of a proposed transaction whereby the Company will acquire a further interest in Aion to bring the Company's total shareholdings in Aion to 60% on a post-closing, fully-diltued basis . The Proposed Transaction In consideration of additional shares of Aion [...]
Forge Resources Corp. is pleased to announce that Peter Jonathan Murphy has been appointed as Chairman and Director of the Company. PJ Murphy is a highly experienced investor with a proven track record of success in the junior mining sector, the broader equity markets, and real estate. With over 25 years of management experience in the healthcare and real estate sectors, Murphy brings exceptional leadership, management [...]
Forge Resources Corp. is pleased to announce the completion of the pilot hole drilling to guide underground development of it's 170-meter decline and other key advancements at its fully licensed coal project located in Colombia. Successful Pilot Drilling Completion The pilot hole drilling to guide the development of the decline has been successfully completed by Logan Drilling. The drilling reached a total depth of 175 [...]
Forge Resources Corp. is pleased to announce a Business Acquisition Report has been filed on SEDAR+ related to the 40% position the Company holds in Aion Mining Corp, fully permitted coal project in Santander, Colombia. Cole McClay, CEO of Forge Resources states: "Completing the Business Acquisition Report, audit, and independent valuation marks a milestone for our company. This comprehensive analysis not only underscores [...]