Forge Resources Corp. (FRG:CSE)
Forge Resources owns 80% of the fully permitted La Estrella coal project in Colombia. Extraction will start as early as January 2026 with a 20,000 ton bulk sample and extraction ramping after that.
The Alotta copper-gold project in Yukon is an early-stage asset 40km from the world-class Casino deposit. FRG looks to take advantage of rising gold and copper prices as it currently explores the property.
FRG trades at 2.6x 2027E EBITDA.
Investment Summary
Forge Resources Corp. is a Canadian junior mining company advancing a dual-asset portfolio with exposure to near-term coal production and copper-gold exploration. The Company holds an 80% interest in the fully permitted La Estrella Project in Colombia, a metallurgical and thermal coal asset targeting bulk sampling and scalable output. Forge also owns the Alotta Project in Yukon’s Dawson Range, a copper-gold porphyry target located near the world-class Casino deposit.
Company Description
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