Forge Resources Corp. announced the completion of the first two 2024 planned drill holes at Alotta, both showing porphyry style mineralization. The continuation of the Phase 1 drilling program is on schedule with holes ALT-24-001/002 completed to a depth of 402 and 501 metres respectively.

Drill hole ALT-24-003 has now commenced, testing the Severance Zone. Hole ALT-24-001 -. Azimuth 135/-50 degree dip and the first hole to drill test the Payoff Zone where strongly anomalous rock samples (up to 8.7 g/t gold) were sampled over a 200 x 300 m area.

ALT-24-001 appears to have a higher concentration of pyrite stringers than what was observed in two November 2023 drillholes. In November 2023 two drill holes were completed on the property which confirmed the porphyry style nature of mineralization. Hole ALT-24 -002 -.

Azimuth 230/-60 degree dip. The hole was proposed to test possible west-northwest trending structures related to mineralization. Porphyry style mineralization was again encountered.

Alteration and associated disseminated and fractured controlled sulphide mineralization is increasing to depth. The Alotta property consists of 96 mineral claims that cover approximately 1,926 hectares that is located 50 km south-east of Western Copper and Gold's Casino deposit. The Casino deposit is one of the most economic, greenfield copper-gold mining projects in the world which is ranked as one of the top ten largest, undeveloped, copper-gold porphyry deposits in the world.

Western Copper and Gold announced on April 30, 2024, the completion of their bought deal public offering with gross proceeds of $46 million. Subsequently, on May 6, 2024, they announced the completion of a further $5 million financing with Rio Tinto.