on Formation Metals (CVE:FOMO)
Formation Metals Confirms 300 Metre Continuity at N2 Gold Project
Formation Metals Inc. has released promising results from its ongoing drilling program at the N2 Gold Project, located in Quebec, Canada. Significant findings from drillholes N2-25-004, N2-25-006, and N2-25-009 have confirmed 300 metres of structural and grade continuity along the strike. The A-Zone is indicated to host a mineralized veining system at least 100 metres wide and over 1.5 km in strike.
The drilling campaign aims to confirm geological continuity, with notable intercepts including 1.8 g/t Au over 21.9 metres and 1.37 g/t Au over 24.0 metres. Formation Metals now holds working capital of approximately C$10.5 million without any debt, positioning itself strongly for future exploration activities.
A total of 48 drill holes have been completed, covering 15,291 metres, with more results expected in the coming months. These findings enhance confidence in the geological model and the potential for an open-pit deposit at the N2 site.
R. P.
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