reports
- Ben Pirie
FRG: Phase 1 Drill Program Complete at Alotta, Phase 2 Starting
What you need to know: • FRG announced the final assay results from the two remaining holes of its Phase 1 five-hole diamond drill program. • The two holes intersected strong Au-Cu porphyry style mineralization, with hole ALT-25-010 intersecting three wide zones of mineralization. • The La Estrella Coal Project continues to advance with coal extraction expected in Q4/25 by way of its 20,000-ton bulk sample. • We recently published an interview with CEO PJ Murphy; watch it here. This morning, ...
- Ben Pirie
Mining Monthly: August Edition
What you need to know: • The metals and mining market saw a resurgence in August, reaching record highs, following a subpar couple of previous months. • In August, gold was up 5%, silver was up 7%, and copper was down 2%. The equities massively outperformed the commodities, with the GDX, GDXJ, SIL, and COPX up 22.2%, 24.6%, 22.9%, and 15.8%, respectively. • Sector multiples are beginning to expand as gold firmly holds above $3,000/oz and silver surpasses $40/oz. Sentiment Update The mining se...
CUU COPPER FOX METALS INC.
MINEROS MINEROS
EDG. ENDURANCE GOLD
SCZ. SANTACRUZ SILVER MINING
RIO RIO TINTO PLC
GIGA GIGA METALS
APM ANDEAN PRECIOUS METALS CORP
OMG OMAI GOLD MINES CORP
DNG DYNACOR GROUP INC.
MOO MOON RIVER MOLY LTD
AUAU ALLEGIANT GOLD
FISH SAILFISH ROYALTY CORP.
CAPT CAPITAN SILVER CORP
KRI KOBO RESOURCES INC.
TSXV:NIM NICOLA MINING INC.
TSXV:RIO RIO2 LIMITED
FRG FORGE RESOURCES CORP.
NAMM NAMIB MINERALS
NFLD EXPLOITS DISCOVERY CORP.
- Ben Pirie
FRG: Tests From Coal Seam Confirm Excellent Quality
What you need to know: • FRG reported premium coal quality results from recently intersected coal seam while driving the decline at the La Estrella Project, Colombia. • Analysis confirmed a calorific value of 13,846 BTU/lb, sulphur of 0.82%, low ash/moisture, and a Free Swelling Index of 4. • The coal was extracted from the 0.5–1.0m seam encountered during underground decline development. • We recently published an interview with CEO PJ Murphy, watch it here. Yesterday, Forge Resources Corp. (...
- Ben Pirie
FRG: First Drill Results at Alotta Confirms Thesis
What you need to know: • FRG reported three drill results from Phase 1 at Alotta, confirming porphyry-style gold at both the Severance and Payoff Zones. • Hole ALT-25-008 returned 0.911 g/t Au over 20.49m within 0.416 g/t Au over 188m, with visible gold and strong alteration throughout. • Results from an additional two Phase 1 drill holes are pending. • We recently initiated coverage on FRG, read the report here. This morning, Forge Resources Corp. (FRG:CSE, FRGGF:OTC) announced assay result...
- Ben Pirie
Mining Monthly: July Edition
What you need to know: • The metals and mining market settled in July, following a tremendous run over the last six months. • In July, gold was down 1%, silver was up 2%, and copper down 13%. The equities underperformed the commodities, with the GDX, GDXJ, SIL, and COPX down 0.8%, 5.0%, 1.5%, and 4.2%, respectively. • Financings remained elevated during July, with various juniors raising funds as capital continues to trickle down. Sentiment Update The mining sector saw mixed sentiment in July,...
CUU COPPER FOX METALS INC.
MINEROS MINEROS
EDG. ENDURANCE GOLD
SCZ. SANTACRUZ SILVER MINING
RTP. RIO TINTO PLC CEDEAR
GIGA GIGA METALS
APM ANDEAN PRECIOUS METALS CORP
OMG OMAI GOLD MINES CORP
DNG DYNACOR GROUP INC.
MOO MOON RIVER MOLY LTD
AUAU ALLEGIANT GOLD
FISH SAILFISH ROYALTY CORP.
CAPT CAPITAN SILVER CORP
KRI KOBO RESOURCES INC.
TSXV:NIM NICOLA MINING INC.
TSXV:RIO RIO2 LIMITED
FRG FORGE RESOURCES CORP.
- Ben Pirie
FRG: Discovers Coal Seam While Driving Decline
What you need to know: • Forge announced that while driving the decline at the La Estrella project, a coal seam was encountered measuring 0.5-1.0m in thickness. • The Company has taken channel samples for lab analysis to assess the coal’s quality and market suitability. • We recently initiated coverage on FRG, read the report here. This morning, Forge Resources Corp. (FRG:CSE, FRGGF:OTC) announced that it has encountered a coal seam while advancing the underground decline at its fully permi...
- Ben Pirie
FRG: Anchored in Coal, Leveraged to Discovery
What you need to know: • 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 ramp significantly 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 just 2.6x 2027E EBITDA. Forge Resources Corp. (FRG:C...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.