Formation Metals Closes $2.33M at up to $0.50/Unit Increasin

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Formation Metals Closes $2.33M at up to $0.50/Unit Increasin

Beitragvon Newsagent » Mittwoch 23. Juli 2025, 07:09

PR inside: Formation Metals Closes $2.33M at up to $0.50/Unit Increasing Exploration ...

(PR-inside.com) Highlights:

Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au (~809,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au (~61,000 oz Au) across the RJ zone2,4.

Phase 1 has been expanded to a fully funded 10,000 metre program focusing on targets in the "A" zone, a shallow, highly continuous, low-variability historic gold deposit with ~522,900 ounces of which only ~35% of strike has been drilled (>3.1 km ..

https://reports.pr-inside.com/formation ... 121839.htm
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