01:39 PM EDT, 05/07/2024 (MT Newswires) -- Forge Resources ( FRGGF ) on Tuesday said May is the mobilization date for the spring drill program at Alotta Project.

The company said drill crews will travel to the site and start drill testing of the priority targets by May 24.

The company plans to complete up to five drill holes for a total of 2,500 meters as part of the continuation of the fall 2023 diamond drilling program that was halted for the winter season.

The company's stock gained more than 10% on last look on Tuesday.

Price: 0.54, Change: +0.05, Percent Change: +10.20