Forge Resources Corp. reported successful executive site visit at La Estrella coal project in Colombia, confirming project advancement and exploring additional coal opportunities. The team evaluated development milestones and engaged industry stakeholders, reinforcing their commitment to the global coal market. CEO PJ Murphy highlights fostering valuable relationships and identifying high-potential assets as key objectives.
Forge Resources Corp. has recently concluded a successful executive site visit to its fully permitted La Estrella coal project in Santander, Colombia. This visit reaffirmed the Company’s confidence in the project’s development progress and its strategic objectives. The executive team inspected the advancement of a 170-metre decline designed to access high-quality coal seams necessary for a 20,000 metric tonne bulk sampling program.
During the inspection, Project Director Emelio Genes led a thorough review of both progress and forthcoming steps essential to the La Estrella coal project. Together with a Canadian mining engineer consultant, they assessed technical aspects concerning the underground decline construction and operational benchmarks. The project is reportedly on schedule, and underground activities continue to expand.
Cole McClay, the Chief Operating Officer, expressed his admiration for the technical team’s skills and dedication, emphasizing their commitment to operational excellence. The executive team also traveled across various regions in Colombia, assessing potential coal concessions and engaging with local industry stakeholders, which unveiled opportunities to broaden Forge’s portfolio.
CEO PJ Murphy noted that the evaluations of early exploration and active mining operations throughout Colombia highlight the Company’s dedication to identifying valuable assets and fostering robust relationships within the mining industry. He affirmed that Forge aims to solidify its position within the global coal market.
Forge Resources Corp. is a Canadian junior exploration company holding a 60% interest in Aion Mining Corp. This subsidiary is responsible for the La Estrella coal project, containing eight notable seams of both metallurgical and thermal coal. Additionally, Forge holds an option to the Alotta project, which features a prospective porphyry copper-gold-molybdenum project in Yukon, Canada.
In conclusion, Forge Resources Corp. has successfully advanced its La Estrella coal project, showcasing the company’s strategic commitment to enhance its operations in Colombia. The recent executive site visit provided assurance of the project’s progress and opportunities for further coal concessions. With strong industry engagements and a focus on operational excellence, the Company is poised to strengthen its presence in the global coal market.
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