Newsfile Corp
30 Jun 2026, 12:50 UTC · 2h ago
Forge Resources Identifies Porphyry System at Commission Zone at Alotta Project, Yukon
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Newsfile Corp
30 Jun 2026, 12:50 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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Drilling at the Commission Zone identified high-temperature porphyry alteration and intense quartz stockwork veining, indicators typically associated with ore-forming centers. — The discovery of potassic alteration and stockwork is a strong geological signal for the presence of a significant copper-gold porphyry deposit.
+0.60Forge Resources has completed approximately 70% of its Phase 1 drilling program, with operations currently progressing ahead of schedule. — Operational efficiency and hitting milestones ahead of schedule reduce execution risk for the current exploration phase.
+0.20Drilling at the Payoff Zone intersected porphyritic rocks and granodiorite with mineralized veinlets consistent with previous observations in that zone. — Confirmation of existing mineralization patterns is positive but less impactful than discovering new high-temperature systems.
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The company reports drilling operations are ahead of schedule with encouraging mineralization indicators at the Alotta Project.
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