Forge Resources (TSE:FRG) has released an update.
Forge Resources Corp. has completed its initial drilling program, revealing promising geological findings suggestive of significant mineralization, and successfully raised $550,000 through a private placement. The funds will be used for further exploration at the Alotta Project, with a second phase of drilling planned post analysis of the initial assay results. The company has also issued flow-through shares and warrants to finance their ongoing exploration efforts.
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