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Forge Resources Advances La Estrella Project and Explores New Opportunities in Colombia

Story Highlights
  • Forge Resources completed a successful site visit to La Estrella, confirming project progress.
  • The company is exploring new coal opportunities in Colombia to expand its portfolio.
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Forge Resources Advances La Estrella Project and Explores New Opportunities in Colombia

Forge Resources ( (TSE:FRG) ) has shared an announcement.

Forge Resources Corp. announced the successful completion of an executive site visit to its La Estrella coal project in Colombia, reaffirming confidence in the project’s progress and commitment to strategic objectives. The visit included a review of the development of a 170-metre decline for coal sampling, with operations on schedule and scaling up. Additionally, Forge explored potential coal opportunities across Colombia, aiming to expand its project portfolio and strengthen its position in the global coal market.

More about Forge Resources

Forge Resources Corp. is a Canadian-listed junior exploration company, holding a 60% interest in Aion Mining Corp., which is developing the fully permitted La Estrella coal project in Santander, Colombia. The company also has an option on the Alotta project, a prospective porphyry copper-gold-molybdenum project in the Yukon Territory of Canada.

YTD Price Performance: 58.21%

Average Trading Volume: 25,566

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $52.1M

For a thorough assessment of FRG stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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