Product QualityForge Resources Corp. reported premium coal quality results from the La Estrella Project in Colombia, with high energy content and low sulphur.
Project DevelopmentThe coal seam was successfully extracted and stockpiled, indicating progress in the project development.
Revenue PotentialThe La Estrella Project is expected to generate initial revenue ahead of a commercial ramp-up, as the company has executed LOIs for 100% of initial output, de-risking the early cash flow profile.