on Formation Metals (isin : CA34638F1053)
Formation Metals Engages StratExplo for N2 Gold Project Drill Program
Formation Metals Inc., a North American mineral acquisition company, has appointed Strategy Exploration Advisors as the field operations manager for its upcoming 20,000-metre multi-phase drill program at the N2 Gold Project in Quebec. This advanced gold project boasts a historical resource of around 870,000 ounces split across multiple zones, with primary focus on the highly continuous A Zone and the high-grade RJ Zone.
The drill program aims for discovery drilling at promising mineralization targets along the "A", "RJ" and "Central" zones. The initiative is designed to find new gold-rich trends and expand valuable resource deposits.
StratExplo's responsibilities will cover field logistics and exploration tasks, alongside managing permits essential for the project's execution. The first 5,000-metre maiden drill segment is poised to commence in Summer 2025, following the anticipated permit approval.
Formation Metals forecasts a busy quarter ahead, believing in significant expansion potential due to the encouraging geological data of the Abitibi Greenstone Belt.
R. H.
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