on Formation Metals (isin : CA34638F1053)
Formation Metals Unveils Copper-Zinc Potential at N2 Gold Deposit
Formation Metals Inc. has released promising base metal assay results from historical drill core analysis at its N2 Project in Quebec. This revaluation reveals significant copper and zinc intercepts, indicating elevated base metal potential in the area, particularly within the A and RJ zones.
The geological composition of N2 includes volcanic-sedimentary rocks and major deformation structures, aligning with a VMS geologic model typical of the Matagami region. This supports the prospect of polymetallic mineralization, enhancing the property's economic viability beyond its historical gold focus.
Deepak Varshney, Formation's CEO, underscores copper's vital role in global energy transition and emphasizes continued exploration to harness N2's copper potential. The 2025 plans focus on expanding gold resources and comprehensively assessing copper-zinc prospects.
R. H.
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