Formation Metals Drills 1.75 g/t Au over 30.4 Metres Including 3.51 g/t Au over 10.5 Metres at the Advanced N2 Gold Project
Original announcement by yahoo_press on
- Company
- Formation Metals
- Ticker
- FOMO
- Exchange
- CSE
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-22 03:17:53 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Formation Metals has reported drill results from the N2 Gold Project, highlighted by an intercept of 1.75 g/t Au over 30.4 metres. Other notable intercepts include 0.91 g/t Au over 42.3 metres in hole N2-25-005.
Reasoning: The release reports notable gold intercepts with significant width, including a 30.4m interval at 1.75 g/t Au.
Positive factors
- significant intercept width
- high-grade sub-intervals
Facts used in scoring: 5
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The provided text snippet does not contain QA/QC information.
Evidence · text
“Highlights: N2-25-005: 0.91 g/t Au over 42.3 metres”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: The document snippet does not disclose assay protocols, lab certification, or QP sign-off.
Evidence · text
“Highlights: N2-25-005: 0.91 g/t Au over 42.3 metres”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
N2-25-005N2 · goldGrade: 0.91Grade Unit: g/tIntercept: 42.3 mView all detailsHide details
Identity
- Hole ID
- N2-25-005
- Project
- N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 0.91
- Grade Unit
- g/t
- Intercept
- 42.3 m
- From
- 14 m
- To
- 56.3 m
- Intercept Depth
- 14 m
Classification
- Sample Type
- drill
- Group ID
- N2-25-005:14-56.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-12T00:00:00.000Z
Reasoning: A wide 42.3m intercept at 0.91 g/t Au provides significant continuity.
Positive factors
- wide intercept
Evidence · text
“0.91 g/t Au over 42.3 metres beginning at 14.0 metres”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
N2-25-005N2 · goldGrade: 2.04Grade Unit: g/tIntercept: 8.1 mView all detailsHide details
Identity
- Hole ID
- N2-25-005
- Project
- N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 2.04
- Grade Unit
- g/t
- Intercept
- 8.1 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-12T00:00:00.000Z
Reasoning: High-grade sub-interval within the main intercept.
Positive factors
- high-grade sub-interval
Evidence · text
“2.04 g/t Au over 8.1 metres”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
N2-25-005N2 · goldGrade: 1.31Grade Unit: g/tIntercept: 11.4 mView all detailsHide details
Identity
- Hole ID
- N2-25-005
- Project
- N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 1.31
- Grade Unit
- g/t
- Intercept
- 11.4 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-12T00:00:00.000Z
Reasoning: Secondary high-grade sub-interval.
Evidence · text
“1.31 g/t Au over 11.4 metres”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
N2-25-012N2 · goldGrade: 1.75Grade Unit: g/tIntercept: 30.4 mView all detailsHide details
Identity
- Hole ID
- N2-25-012
- Project
- N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 1.75
- Grade Unit
- g/t
- Intercept
- 30.4 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-12T00:00:00.000Z
Reasoning: Significant intercept of 1.75 g/t Au over 30.4m.
Positive factors
- strong width and grade combination
Evidence · text
“1.75 g/t Au over 30.4 metres”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
N2-25-012N2 · goldGrade: 3.51Grade Unit: g/tIntercept: 10.5 mView all detailsHide details
Identity
- Hole ID
- N2-25-012
- Project
- N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 3.51
- Grade Unit
- g/t
- Intercept
- 10.5 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-12T00:00:00.000Z
Reasoning: High-grade sub-interval within the 30.4m intercept.
Positive factors
- high-grade intercept
Evidence · text
“3.51 g/t Au over 10.5 Metres”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.