Formation Metals Extends A-Zone at N2 Gold Project

Formation Metals Inc. has expanded its A-Zone at the N2 Gold Project in Quebec by 200 metres west, beyond the previous boundary. This step-out drilling has confirmed the zone's lateral continuity, aligning with targets towards the high-grade RJ corridor.

The Company's notable intercepts include 1.05 g/t Au over 31 metres in hole N2-26-021, and 1.34 g/t Au over 12.5 metres in hole N2-26-022. These results are part of a 75,000 metre drill program, which could significantly impact the upcoming maiden Mineral Resource Estimate.

The N2 property holds a global historic resource of ~871,000 ounces of gold, with the A-Zone showing high continuity and low variability. Formation Metals aims to continue expanding westward, exploring the largely undrilled corridor between the A-Zone and RJ Zone.

The company maintains a strong financial position, with C$30.5 million in working capital and no debt. The ongoing exploration underscores the potential for substantial resource expansion at the N2 project.