# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/formation-metals-drills-1-75-g-t-au-over-30-4-metres-including-3-51-g-t-au-over--857f6086-de46-4d48-80dd-14f6619f4c3a

Original source: https://finance.yahoo.com/news/formation-metals-drills-1-75-080100827.html

Publisher: yahoo\_press

Original announcement: 2026-02-12T08:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T03:17:52.983Z

Atlas analysis updated: 2026-09-22T03:17:52.983Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: significant intercept width

- Positive factor: high-grade sub-intervals

Facts used in scoring: 5

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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: 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)

### N2-25-005

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-drills-1-75-g-t-au-over-30-4-metres-including-3-51-g-t-au-over--857f6086-de46-4d48-80dd-14f6619f4c3a#fact-drill-facts-0)

N2 · gold

#### 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 factor: 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 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

### N2-25-005

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-drills-1-75-g-t-au-over-30-4-metres-including-3-51-g-t-au-over--857f6086-de46-4d48-80dd-14f6619f4c3a#fact-drill-facts-1)

N2 · gold

#### 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 factor: high-grade sub-interval

Evidence · text

> 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

### N2-25-005

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-drills-1-75-g-t-au-over-30-4-metres-including-3-51-g-t-au-over--857f6086-de46-4d48-80dd-14f6619f4c3a#fact-drill-facts-2)

N2 · gold

#### 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 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

### N2-25-012

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-drills-1-75-g-t-au-over-30-4-metres-including-3-51-g-t-au-over--857f6086-de46-4d48-80dd-14f6619f4c3a#fact-drill-facts-3)

N2 · gold

#### 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 factor: strong width and grade combination

Evidence · text

> 1.75 g/t Au over 30.4 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

### N2-25-012

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-drills-1-75-g-t-au-over-30-4-metres-including-3-51-g-t-au-over--857f6086-de46-4d48-80dd-14f6619f4c3a#fact-drill-facts-4)

N2 · gold

#### 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 factor: high-grade intercept

Evidence · text

> 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

## 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.
