Formation Metals Launches 20,000 Metre Drill Program at N2 Gold Project

Formation Metals Inc., a North American mineral acquisition and exploration company, has announced a 20,000 metre multi-phase drill program at its flagship N2 Gold Project in Quebec. The N2 project, with a historical resource of approximately 870,000 ounces of gold, will be the focus of this extensive drilling effort designed to discover new trends and expand existing zones.

The first phase of 5,000 metres is fully funded and set to commence this summer, targeting high-potential zones like "A", "RJ", and "Central". This initiative aims to unlock more of the project's resource base, which is currently outlined across several zones with both historical high-grade targets and less drilled areas available for expansion.

The plan has received supportive historical data from previous drilling. With gold prices now at $3,200, significantly higher than past evaluations, Formation Metals is optimistic about uncovering over three million ounces of gold.