# Formation Metals Appoints Mining Finance Icon Terry Salman, C.M. as Senior Strategic Advisor Ahead of Maiden Resource at the N2 Property Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98 Original source: https://orestocks.com/company/FOMO.CN/press-releases/6172317046787362 Publisher: orestocks Original announcement: 2026-09-29T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-29T13:06:56.272Z Atlas analysis updated: 2026-09-29T13:06:56.272Z - Company: Formation Metals Inc. - Ticker: FOMO.CN - Exchange: Unavailable - Region: Québec - Primary commodity: Gold - Secondary commodities: Copper, Zinc - Document categories: Drill results, Resource update, Other - Extracted: 2026-09-29 13:06:57 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Formation Metals Inc. has appointed Terry Salman, a prominent mining financier, as Senior Strategic Advisor to its Advisory Board, aiming to bolster the company's capital markets strategy. This appointment comes as the company advances its N2 Property towards a maiden NI 43-101 compliant mineral resource estimate, targeted for Q1 2027. Recent drill results from N2 confirm geological continuity and extend mineralization, with several wide, near-surface gold intercepts. The project also highlights historical gold resources and early-stage base metal potential in the Abitibi Greenstone Belt of Québec. Reasoning: The appointment of a highly regarded mining finance icon as a strategic advisor is a significant positive for Formation Metals, particularly as the company approaches a maiden resource estimate for its N2 Property. The ongoing drill program continues to yield positive results, confirming continuity and extending mineralization, which de-risks the project and supports the upcoming resource. While historical resources are noted, their non-compliant nature and the lack of true width for new intercepts are minor drawbacks. - Positive factor: Appointment of a highly experienced strategic advisor \(Terry Salman\) is a strong positive signal for capital markets and future financing, especially ahead of a maiden resource. - Positive factor: Progress towards a maiden NI 43-101 compliant resource estimate for the N2 Property is a significant de-risking milestone. - Positive factor: Ongoing fully funded 75,000-meter drill program indicates strong commitment and potential for further discoveries. - Positive factor: Recent drill results confirm geological continuity and extend mineralization, supporting the upcoming resource estimate. - Positive factor: Wide, continuous near-surface gold intercepts are ideal for potential bulk-tonnage open-pit scenarios. - Positive factor: Project remains open at depth and along strike, with significant undrilled potential, suggesting future growth. - Positive factor: Strong regional pedigree in the Abitibi Greenstone Belt, a prolific gold-producing region. - Positive factor: Identification of untested geophysical targets provides additional discovery potential. - Positive factor: Technical content of the news release has been reviewed and approved by a Qualified Person. - Negative factor: Historical resource estimates are not NI 43-101 compliant and require further work for classification, limiting their current reliability. - Negative factor: Drill intercepts are reported as downhole lengths without true width, which may overstate actual thickness. - Negative factor: Base metal potential is early-stage and not yet subject to resource estimation, with no assurance of economic viability. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 28 ## Classification and evidence **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The technical content of this news release has been reviewed and approved by Mr. Babak V. Azar, P.Geo., géo \(OGQ\#10876\) an independent contractor and a qualified person as defined by National Instrument 43-101. Evidence · text > The technical content of this news release has been reviewed and approved by Mr. Babak V. Azar, P.Geo., géo \(OGQ\#10876\) an independent contractor and a qualified person as defined by National Instrument 43-101. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The company is advancing its N2 Property toward a maiden mineral resource estimate, targeted for Q1 2027. Evidence · text > advances its flagship N2 Property \("N2" or the "Property"\) toward a maiden mineral resource estimate. **Historical Estimate Only** Polarity: negative Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. Why it applies: The document explicitly states that the referenced resource estimates are historical in nature, do not have a category, and do not conform to current CIM categories. Evidence · text > The above referenced resource estimates do not have a category, are considered historical in nature, and are based on prior data prepared by a previous property owner, and do not conform to current CIM categories. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Step-out drilling has extended the A-Zone 200 metres to the west and 200 metres to the south, indicating successful expansion of mineralization. Evidence · text > Step-out drilling has now extended the A-Zone 200 metres to the west, 200 metres to the south **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The drill intercepts are reported with downhole lengths and vertical depths, but true width is not explicitly stated for any of the reported intervals. Evidence · text > N2-26-033: 0.98 g/t Au over 95.6 metres beginning at 8.4 metres downhole, 7.1 metres vertical **Open Pit Potential** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company's internal evaluations suggest N2 has favorable characteristics to support a near-surface, open-pit resource development, ideal for bulk-tonnage scenarios. Evidence · text > N2 exhibits a strong geological potential possessing favorable characteristics to support a near-surface, open-pit resource development. ## Extracted facts Stored fact records: 28. Some facts used in scoring do not have a stored record. ## Drill Results (26) ### N2-26-033 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-2) N2 · gold #### Identity - Hole ID: N2-26-033 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 0.98 - Grade Unit: g/t - Intercept: 95.6 m - From: 8.4 m - To: 104 m - Intercept Depth: 7.1 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-033:8.4-104 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is highly material due to its exceptional width and shallow depth, which are key for open-pit potential, despite a moderate grade. It successfully extends the known mineralization. - Positive factor: Very wide intercept \(95.6m\) indicates significant mineralization continuity. - Positive factor: Shallow interception depth \(7.1m vertical\) is favorable for open-pit mining. - Positive factor: Extends the A-Zone, demonstrating successful step-out drilling. - Negative factor: Grade \(0.98 g/t Au\) is moderate for gold in an open-pit scenario. - Negative factor: True width is not stated, meaning the reported length may be an overestimation. Evidence · text > N2-26-033: 0.98 g/t Au over 95.6 metres beginning at 8.4 metres downhole, 7.1 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-033 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-3) N2 · gold #### Identity - Hole ID: N2-26-033 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 3.14 - Grade Unit: g/t - Intercept: 10 m - From: 8.4 m - To: 18.4 m - Intercept Depth: 7.1 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-033:8.4-18.4 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This high-grade sub-interval significantly boosts the overall quality of the wider intercept, indicating a richer zone near surface. - Positive factor: High-grade sub-interval \(3.14 g/t Au\) within a wider zone, enhancing overall economic potential. - Positive factor: Shallow depth is favorable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > including 3.14 g/t Au over the first 10.0 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-15A [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-4) N2 · gold #### Identity - Hole ID: N2-26-15A - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 2.53 - Grade Unit: g/t - Intercept: 11.8 m - From: 350.6 m - To: 362.4 m - Intercept Depth: 341.6 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-15A:350.6-362.4 - Mining Method: open\_pit #### Location - Location: newly identified vein set 200 metres south of the A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is positive due to its good grade and the discovery of a new vein set, which expands the known mineralized footprint. - Positive factor: Good grade \(2.53 g/t Au\) over a reasonable width. - Positive factor: Located in a newly identified vein set, indicating successful exploration and potential for expansion. - Negative factor: True width is not stated. Evidence · text > N2-26-15A: 2.53 g/t Au over 11.8 metres beginning at 350.6 metres downhole, 341.6 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-15A [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-5) N2 · gold #### Identity - Hole ID: N2-26-15A - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 5.42 - Grade Unit: g/t - Intercept: 5.1 m - From: 350.6 m - To: 355.7 m - Intercept Depth: 341.6 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-15A:350.6-355.7 - Mining Method: open\_pit #### Location - Location: newly identified vein set 200 metres south of the A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This bonanza-grade sub-interval is highly significant, confirming very high-grade mineralization within the newly discovered vein set. - Positive factor: Exceptional high-grade sub-interval \(5.42 g/t Au\) within a new vein set, indicating bonanza-grade potential. - Negative factor: True width is not stated. Evidence · text > including 5.42 g/t Au over 5.1 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-15A [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-6) N2 · gold #### Identity - Hole ID: N2-26-15A - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.41 - Grade Unit: g/t - Intercept: 20.6 m - From: 499.1 m - To: 519.7 m - Intercept Depth: 486.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-15A:499.1-519.7 - Mining Method: open\_pit #### Location - Location: newly identified vein set 200 metres south of the A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept adds to the confidence in the new vein set, showing consistent mineralization over a good width, albeit at a deeper level. - Positive factor: Good width \(20.6m\) with a moderate grade, contributing to the overall resource potential. - Positive factor: Further confirms mineralization in the newly identified vein set. - Negative factor: True width is not stated. Evidence · text > 1.41 g/t Au over 20.6 metres beginning at 499.1 metres downhole, 486.3 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-15A [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-7) N2 · gold #### Identity - Hole ID: N2-26-15A - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 2.63 - Grade Unit: g/t - Intercept: 5.5 m - From: 499.1 m - To: 504.6 m - Intercept Depth: 486.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-15A:499.1-504.6 - Mining Method: open\_pit #### Location - Location: newly identified vein set 200 metres south of the A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval demonstrates good grade within the deeper mineralization, adding to the overall prospectivity of the new vein set. - Positive factor: Higher-grade sub-interval \(2.63 g/t Au\) within the deeper intercept, indicating localized enrichment. - Negative factor: True width is not stated. Evidence · text > including 2.63 g/t Au over 5.5 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-021 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-8) N2 · gold #### Identity - Hole ID: N2-26-021 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.05 - Grade Unit: g/t - Intercept: 31 m - From: 243 m - To: 274 m - Intercept Depth: 203.8 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-021:243-274 - Mining Method: open\_pit #### Location - Location: 200 metres west of the historical resource boundary - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is positive as it extends the known mineralization significantly to the west, indicating good lateral expansion potential for the resource. - Positive factor: Good width \(31.0m\) with a moderate grade, extending mineralization 200m west of the historical resource boundary. - Positive factor: Demonstrates successful step-out drilling and expansion potential. - Negative factor: True width is not stated. Evidence · text > N2-26-021: 1.05 g/t Au over 31.0 metres beginning at 243.0 metres downhole, 203.8 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-26-021 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-9) N2 · gold #### Identity - Hole ID: N2-26-021 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.89 - Grade Unit: g/t - Intercept: 12 m - From: 243 m - To: 255 m - Intercept Depth: 203.8 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-26-021:243-255 - Mining Method: open\_pit #### Location - Location: 200 metres west of the historical resource boundary - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval confirms good grade within the western extension, supporting the potential for a larger, continuous mineralized body. - Positive factor: Higher-grade sub-interval \(1.89 g/t Au\) within the western extension, improving the overall grade of the zone. - Negative factor: True width is not stated. Evidence · text > including 1.89 g/t Au over 12.0 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-012 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-10) N2 · gold #### Identity - Hole ID: N2-25-012 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.75 - Grade Unit: g/t - Intercept: 30.4 m - From: 64.1 m - To: 94.5 m - Intercept Depth: 45.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-012:64.1-94.5 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is a strong result, combining good grade and width at a shallow depth, which is highly material for open-pit development. - Positive factor: Good grade \(1.75 g/t Au\) over a significant width \(30.4m\). - Positive factor: Shallow interception depth \(45.3m vertical\) is favorable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > N2-25-012: 1.75 g/t Au over 30.4 metres beginning at 64.1 metres downhole, 45.3 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-012 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-11) N2 · gold #### Identity - Hole ID: N2-25-012 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 3.51 - Grade Unit: g/t - Intercept: 10.5 m - From: 64.1 m - To: 74.6 m - Intercept Depth: 45.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-012:64.1-74.6 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This high-grade sub-interval is a very positive result, indicating a rich zone within the broader mineralization at a shallow depth. - Positive factor: High-grade sub-interval \(3.51 g/t Au\) over a good width, significantly enhancing the overall value of the intercept. - Negative factor: True width is not stated. Evidence · text > including 3.51 g/t Au over 10.5 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-012 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-12) N2 · gold #### Identity - Hole ID: N2-25-012 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 19.2 - Grade Unit: g/t - Intercept: 0.51 m - From: 64.1 m - To: 64.61 m - Intercept Depth: 45.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-012:64.1-64.61 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This bonanza-grade intercept is highly significant for demonstrating the presence of very high-grade gold, even if over a narrow width. - Positive factor: Exceptional bonanza-grade \(19.2 g/t Au\) over a narrow interval, indicating very high-grade mineralization. - Negative factor: Very narrow width \(0.51m\) limits its overall impact. - Negative factor: True width is not stated. Evidence · text > and 19.2 g/t Au over 0.51 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-010 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-13) N2 · gold #### Identity - Hole ID: N2-25-010 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.43 - Grade Unit: g/t - Intercept: 19.4 m - From: 117.5 m - To: 136.9 m - Intercept Depth: 101.8 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-010:117.5-136.9 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept provides further evidence of consistent mineralization over a good width within the A-Zone. - Positive factor: Good width \(19.4m\) with a moderate grade, contributing to the overall resource potential. - Negative factor: True width is not stated. Evidence · text > N2-25-010: 1.43 g/t Au over 19.4 metres beginning at 117.5 metres downhole, 101.8 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-010 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-14) N2 · gold #### Identity - Hole ID: N2-25-010 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 2.23 - Grade Unit: g/t - Intercept: 7 m - From: 117.5 m - To: 124.5 m - Intercept Depth: 101.8 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-010:117.5-124.5 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval improves the overall grade of the intercept, showing good quality mineralization within the A-Zone. - Positive factor: Higher-grade sub-interval \(2.23 g/t Au\) within the broader intercept, indicating localized enrichment. - Negative factor: True width is not stated. Evidence · text > including 2.23 g/t Au over 7.0 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-009 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-15) N2 · gold #### Identity - Hole ID: N2-25-009 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.37 - Grade Unit: g/t - Intercept: 24 m - From: 168.9 m - To: 192.9 m - Intercept Depth: 146.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-009:168.9-192.9 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept provides further evidence of consistent mineralization over a good width within the A-Zone. - Positive factor: Good width \(24.0m\) with a moderate grade, contributing to the overall resource potential. - Negative factor: True width is not stated. Evidence · text > N2-25-009: 1.37 g/t Au over 24.0 metres beginning at 168.9 metres downhole, 146.3 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-009 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-16) N2 · gold #### Identity - Hole ID: N2-25-009 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 2.05 - Grade Unit: g/t - Intercept: 13.3 m - From: 168.9 m - To: 182.2 m - Intercept Depth: 146.3 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-009:168.9-182.2 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval improves the overall grade of the intercept, showing good quality mineralization within the A-Zone. - Positive factor: Higher-grade sub-interval \(2.05 g/t Au\) within the broader intercept, indicating localized enrichment. - Negative factor: True width is not stated. Evidence · text > including 2.05 g/t Au over 13.3 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-008 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-17) N2 · gold #### Identity - Hole ID: N2-25-008 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 0.95 - Grade Unit: g/t - Intercept: 61.1 m - From: 109 m - To: 170.1 m - Intercept Depth: 94.4 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-008:109-170.1 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is material due to its exceptional width and moderate grade, which are favorable for open-pit potential. - Positive factor: Very wide intercept \(61.1m\) indicates significant mineralization continuity. - Positive factor: Moderate grade \(0.95 g/t Au\) is suitable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > N2-25-008: 0.95 g/t Au over 61.1 metres beginning at 109 metres downhole, 94.4 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-008 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-18) N2 · gold #### Identity - Hole ID: N2-25-008 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.68 - Grade Unit: g/t - Intercept: 26.5 m - From: 109 m - To: 135.5 m - Intercept Depth: 94.4 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-008:109-135.5 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval significantly improves the overall grade of the intercept, indicating a richer zone within the broader mineralization. - Positive factor: Good grade \(1.68 g/t Au\) over a significant width \(26.5m\) within the broader intercept, enhancing overall economic potential. - Negative factor: True width is not stated. Evidence · text > including 1.68 g/t Au over 26.5 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-007 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-19) N2 · gold #### Identity - Hole ID: N2-25-007 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.3 - Grade Unit: g/t - Intercept: 22.2 m - From: 139.9 m - To: 162.1 m - Intercept Depth: 121.2 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-007:139.9-162.1 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept provides further evidence of consistent mineralization over a good width within the A-Zone. - Positive factor: Good width \(22.2m\) with a moderate grade, contributing to the overall resource potential. - Negative factor: True width is not stated. Evidence · text > N2-25-007: 1.3 g/t Au over 22.2 metres beginning at 139.9 metres downhole, 121.2 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-007 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-20) N2 · gold #### Identity - Hole ID: N2-25-007 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 2.36 - Grade Unit: g/t - Intercept: 10.5 m - From: 139.9 m - To: 150.4 m - Intercept Depth: 121.2 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-007:139.9-150.4 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval improves the overall grade of the intercept, showing good quality mineralization within the A-Zone. - Positive factor: Higher-grade sub-interval \(2.36 g/t Au\) within the broader intercept, indicating localized enrichment. - Negative factor: True width is not stated. Evidence · text > including 2.36 g/t Au over 10.5 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-006 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-21) N2 · gold #### Identity - Hole ID: N2-25-006 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.8 - Grade Unit: g/t - Intercept: 21.9 m - From: 154.4 m - To: 176.3 m - Intercept Depth: 133.7 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-006:154.4-176.3 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept provides further evidence of consistent mineralization over a good width within the A-Zone. - Positive factor: Good width \(21.9m\) with a good grade, contributing to the overall resource potential. - Negative factor: True width is not stated. Evidence · text > N2-25-006: 1.8 g/t Au over 21.9 metres beginning at 154.4 metres downhole, 133.7 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-006 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-22) N2 · gold #### Identity - Hole ID: N2-25-006 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 4.8 m - From: 154.4 m - To: 159.2 m - Intercept Depth: 133.7 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-006:154.4-159.2 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This high-grade sub-interval is a very positive result, indicating a rich zone within the broader mineralization. - Positive factor: High-grade sub-interval \(3.4 g/t Au\) over a good width, significantly enhancing the overall value of the intercept. - Negative factor: True width is not stated. Evidence · text > including 3.4 g/t Au over 4.8 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-005 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-23) N2 · gold #### Identity - Hole ID: N2-25-005 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 0.91 - Grade Unit: g/t - Intercept: 42.3 m - From: 14 m - To: 56.3 m - Intercept Depth: 9.9 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-005:14-56.3 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is material due to its exceptional width and shallow depth, which are key for open-pit potential, despite a moderate grade. - Positive factor: Very wide intercept \(42.3m\) indicates significant mineralization continuity. - Positive factor: Shallow interception depth \(9.9m vertical\) is favorable for open-pit mining. - Positive factor: Moderate grade \(0.91 g/t Au\) is suitable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > N2-25-005: 0.91 g/t Au over 42.3 metres beginning at 14.0 metres downhole, 9.9 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-005 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-24) N2 · gold #### Identity - Hole ID: N2-25-005 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 2.04 - Grade Unit: g/t - Intercept: 8.1 m - From: 14 m - To: 22.1 m - Intercept Depth: 9.9 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-005:14-22.1 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval significantly improves the overall grade of the intercept, indicating a richer zone near surface. - Positive factor: Good grade \(2.04 g/t Au\) over a good width within the broader intercept, enhancing overall economic potential. - Positive factor: Shallow depth is favorable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > including 2.04 g/t Au over 8.1 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-005 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-25) N2 · gold #### Identity - Hole ID: N2-25-005 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.31 - Grade Unit: g/t - Intercept: 11.4 m - From: 14 m - To: 25.4 m - Intercept Depth: 9.9 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-005:14-25.4 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval provides further evidence of consistent mineralization over a good width near surface. - Positive factor: Moderate grade \(1.31 g/t Au\) over a good width within the broader intercept, contributing to overall resource potential. - Positive factor: Shallow depth is favorable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > and 1.31 g/t Au over 11.4 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-004 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-26) N2 · gold #### Identity - Hole ID: N2-25-004 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 0.83 - Grade Unit: g/t - Intercept: 40.4 m - From: 180 m - To: 220.4 m - Intercept Depth: 147.4 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-004:180-220.4 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept is material due to its significant width and moderate grade, which are favorable for open-pit potential. - Positive factor: Wide intercept \(40.4m\) indicates significant mineralization continuity. - Positive factor: Moderate grade \(0.83 g/t Au\) is suitable for open-pit mining. - Negative factor: True width is not stated. Evidence · text > N2-25-004: 0.83 g/t Au over 40.4 metres beginning at 180.0 metres downhole, 147.4 metres vertical #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### N2-25-004 [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-drill-facts-27) N2 · gold #### Identity - Hole ID: N2-25-004 - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: FOMO.CN #### Geometry - Grade: 1.36 - Grade Unit: g/t - Intercept: 9 m - From: 180 m - To: 189 m - Intercept Depth: 147.4 m #### Classification - Program: mixed - Sample Type: drill - Group ID: N2-25-004:180-189 - Mining Method: open\_pit #### Location - Location: A-Zone - Loc. Source: document #### QA/QC - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval improves the overall grade of the intercept, indicating a richer zone within the broader mineralization. - Positive factor: Moderate grade \(1.36 g/t Au\) over a good width within the broader intercept, enhancing overall economic potential. - Negative factor: True width is not stated. Evidence · text > including 1.36 g/t Au over 9.0 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ## Resource Estimates (2) ### A, East, RJ-East and Central [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-resource-facts-0) N2 · gold Historical result Needs review: historical\_restatement #### Identity - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: FOMO.CN #### Resource scope - Estimate type: resource - Reporting standards: other - QP Signed: No - Resource group id: resource:01ec70eb8e154466a4ca - Deposit or zone: A, East, RJ-East and Central #### Resource Data - Tonnes: 18000000 - Grade: 1.4 - Grade Unit: g/t - Contained Metal: 810000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 1993-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This historical estimate provides a baseline for the project's potential but lacks the rigor and classification of a modern, compliant resource, reducing its current reliability. - Positive factor: Indicates significant historical gold endowment for the project. - Negative factor: Estimate is historical and not compliant with current NI 43-101 standards. - Negative factor: No resource category \(Measured, Indicated, Inferred\) is provided, limiting confidence. - Negative factor: A Qualified Person has not done sufficient work to classify it as a current resource. Evidence · text > 18 Mt grading 1.4 g/t Au \(~810,000 oz Au\) across four zones \(A, East, RJ-East and Central\) #### Tags used in scoring **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 33.7 years before this release ### RJ zone [Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-appoints-mining-finance-icon-terry-salman-c-m-as-senior-strateg--04444da9-4940-4447-b905-b7753db94d98#fact-resource-facts-1) N2 · gold Historical result Needs review: historical\_restatement #### Identity - Project: N2 - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: FOMO.CN #### Resource scope - Estimate type: resource - Reporting standards: other - QP Signed: No - Resource group id: resource:b7f948e2b98dc2c5e1ec - Deposit or zone: RJ zone #### Resource Data - Tonnes: 243000 - Grade: 7.82 - Grade Unit: g/t - Contained Metal: 61000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 1991-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This historical estimate highlights high-grade potential at the RJ zone but, like the other historical estimate, lacks modern compliance and classification, making it less reliable for current investment decisions. - Positive factor: Indicates a high-grade historical gold endowment for the RJ zone. - Negative factor: Estimate is historical and not compliant with current NI 43-101 standards. - Negative factor: No resource category \(Measured, Indicated, Inferred\) is provided, limiting confidence. - Negative factor: A Qualified Person has not done sufficient work to classify it as a current resource. Evidence · text > 243 Kt grading 7.82 g/t Au \(~61,000 oz Au\) at the RJ zone #### Tags used in scoring **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 35.7 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.