Announcement • Sep 09

Forge Resources Completes Underground Ramp and Starts Crosscut to Coal Seams

Forge Resources Corp. has completed the underground ramp to operational depth and is commencing the crosscut, a major milestone that marks the transition from ramp construction to direct advancement toward La Estrella's coal seams. With the underground ramp completed, the La Estrella technical team has engineered the junction, from the underground ramp, transitioning seamlessly into the crosscut towards the coal seams. The sequence calls for installation of a perpendicular support arch at the junction axis, followed by placement of a steel transition portal. The ramp's arch extensions will be anchored into this portal, securely tying the new heading into the existing structure before advance into the coal-directed crosscut begins. The crosscut will initially advance using a 12.4 m² TH29 support section, matching the profile used along the underground ramp. The crosscut will then transition to 9.0 m² support section; a lighter, faster profile expected to accelerate advance rates for the remainder of the drive to the coal seams. The crosscut is aimed on a direct line at La Estrella's stacked sequence of known coal seams. Reaching them will mark a pivotal, near-term milestone on La Estrella's path toward extraction and cash flow, moving the Company decisively closer to its core objectives for the Project. International coal benchmarks continue to demonstrate sustained strength. Newcastle FOB pricing remains elevated relative to historical averages, reinforcing a favourable commercial backdrop for near-term coal development. The Company also notes that Colombia's recent presidential transition has signaled early indications of a more supportive stance toward responsible resource development. Public statements from the incoming administration have emphasized economic growth, energy reliability, and strengthening industrial sectors, all of which align positively with the advancement of coal projects. These conditions support favourable project economics as La Estrella advances toward its first coal access. The technical information contained in this news release has been reviewed and approved by Emilio Gene, P.Eng., Project Director and Mining Engineer of the Company, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

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