Forge Resources is Positioned to Become a Revenue-Generating Junior Miner

CEO.CA Apr 23, 2026 8:09

Summary

Forge Resources pairs a fully permitted Colombian coal project nearing revenue with high-grade gold and copper exploration in the Yukon.

The barbell model uses coal cash flow to self-fund exploration, offering non-dilutive drilling that most junior miners cannot match.

Alotta step-out drilling (holes testing beyond the known zone) hit mineralization in all 15 holes, including 3.4g/t gold over 45m.

The Alotta project sits near Western Copper and Gold's world-class Casino deposit in a district the guest calls hot for gold, copper, and silver.

A just over $3 million financing closed end of March; hard dollars advance Colombia toward revenue, flow-through funds 2026 Yukon drilling.

The CEO notes Forge's Olaudah project sits just below Western Copper & Gold's Casino deposit in the Yukon's Dawson Range.
He describes the Casino area as a tier 1 address and a district-scale porphyry setting with significant exploration success around it.

The CEO says Forge's Yukon project is surrounded by White Gold, along with other advanced exploration projects in the area including the Coffee deposit and Minto.

Top takeaway As Forge's CEO, he argues the company's barbell strategy — coal revenue in Colombia funding gold-copper exploration in the Yukon — puts it on a road to revenue, eventual profitability, and self-funded, non-dilutive exploration.
He reports the La Estrella coal project is fully permitted for 180,000 t/year with a path to 360,000 t/year, and the underground tunnel is close to the eight coal seams targeted for extraction.
He points to late-2025 Yukon drill results — 3.4 g/t gold over 45 m and 2 g/t gold over 78 m with mineralization in all 15 holes — plus a step-out hit about 800 m beyond the known zone, with 2026 planned for first infill drilling and more meters than all prior years.
He explains the just-over-$3 million financing closed at the end of March 2026: hard dollars advance the Colombia coal project toward revenue while flow-through dollars fund the 2026 Yukon campaign.
He credits Forge's directly employed 32-person team in Colombia — led by a country manager with over 40 years of coal experience and ties at the local, regional, and federal levels — for securing full permitting and enabling potentially industry-leading extraction costs.