Formation Metals Clarifies N2 Gold Project Acquisition

Formation Metals Inc., a North American mineral acquisition and exploration company based in Vancouver, has issued a clarification regarding its N2 Gold Project at the request of CIRO. The project, located in the Abitibi sub-province of Northwestern Quebec, comprises 87 claims covering approximately 4,400 hectares.

The N2 Gold Project boasts a historical global resource of 877,000 ounces. This includes 18.2 million tonnes grading 1.48 g/t Au across four zones and 243 Kt grading 7.82 g/t Au within the RJ zone. The project contains six primary mineralized zones, all open for further exploration.

The initial drilling program will target the "A" zone, known for its continuous gold deposits, and the "RJ" zone with high-grade intercepts. These efforts follow historical work by Balmoral Resources and Agnico Eagle Mines, highlighting numerous untested targets. The technical content of this release was reviewed by Mr. Babak Vakili Azar, P.Geo.