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Formation Metals Extends A-Zone Horizon with New Gold Intersect
Formation Metals Inc., a mineral acquisition and exploration company, has announced promising gold assay results from drill hole N2-26-033 at its N2 Property in Quebec. The hole, drilled north of the A-Zone, reveals significant gold mineralization starting 7.1 meters below the surface and extending for 95.6 meters. This expansion extends the A-Zone's northern limits beyond previous estimates. The results mark the company's most substantial northern exploration success at the site so far.
The N2 Property, located south of Matagami, Quebec, is a significant gold resource site with historic estimations of approximately 871,000 ounces. The property contains multiple zones of interest, including the A-Zone and RJ zone, offering extensive exploration opportunities. Findings from the recent drill tests suggest the auriferous vein system continues across multiple sections, reinforcing the geological model for future resource estimates.
R. P.
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