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Forge Resources ( (TSE:FRG) ) has shared an update.
Forge Resources Corp. announced significant gold assay results from its Alotta Project in Yukon, with drill hole ALT-25-012 at the Payoff Zone intersecting 3.4 g/t gold over 44.75 metres and a new discovery at the Alimony Zone showing 1.04 g/t gold over 55.52 metres. These findings highlight the potential of the Alotta Project, indicating a large-scale mineralizing system and enhancing the company’s exploration prospects. The results are expected to impact Forge Resources’ operational strategy and position in the mining industry, as the company anticipates further exploration in the upcoming field season.
The most recent analyst rating on (TSE:FRG) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Forge Resources stock, see the TSE:FRG Stock Forecast page.
More about Forge Resources
Forge Resources Corp. operates in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and developing mineral resources, with a particular emphasis on its Alotta Project in Yukon.
Average Trading Volume: 169,453
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$61.25M
Find detailed analytics on FRG stock on TipRanks’ Stock Analysis page.