sur Formation Resources Inc. (CVE:FOMO)
Formation Metals Inc. Embarks on N2 Gold Project Drilling
Formation Metals Inc., based in Vancouver, has secured all necessary permits for a 10,000-metre drilling program at its N2 Gold Property in Quebec. With a working capital of approximately C$4.9M, the company is financially prepared to execute its exploration initiatives.
The focus will be on the "A" and "RJ" zones, which have historically shown promising gold deposits. The "A" zone, a large continuous deposit, and the "RJ" zone, known for high-grade gold, are primary targets. Historical data indicates these zones hold significant auriferous potential.
Formation aims to expand its exploration within the Abitibi Greenstone Belt, targeting new gold mineralization. The project includes a plan to investigate base metal prospects, particularly copper and zinc, revealed in previous assessments.
R. H.
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