Formation Metals Reports Positive Drilling Results at N2 Gold Project

Formation Metals Inc. has announced promising results from its latest drilling campaign at the N2 Gold Property, located in Quebec. Key drillholes, N2-25-005 and N2-25-012, have revealed significant gold intercepts, strengthening the potential for resource expansion. N2-25-012, in particular, yielded 1.75 g/t Au over 30.4 metres, with notable intervals of 3.51 g/t Au over 10.5 metres.

This campaign has validated previous geological models, reducing technical risk for future developments. The results are consistent with previous findings, enhancing the confidence in the geological framework and suggesting excellent potential for an open-pit resource.

As part of its exploration strategy, Formation has deployed two drill rigs aiming to further define the deposit. The company intends to deliver a comprehensive mineral resource estimate by Q3, incorporating extensive drilling data to delineate the resources at the A and RJ zones.