Formation Metals Intersects 0.95 g/t Au over 61.1 Metres, including 1.68 g/t Au over 26.5 Metres at the Advanced N2 Gold Project; Bulk-Tonnage Gold Target Identified with 8 Kilometres of Strike to Explore
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 03:13:06 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Formation Metals has reported significant gold drill results at the Advanced N2 Gold Project, including an intercept of 0.95 g/t Au over 61.1 metres. The company also identified a bulk-tonnage gold target with 8 kilometres of potential strike length.
Reasoning: Strong gold intercepts with notable width and high-grade sub-intervals reported at the N2 project.
Positive factors
- Significant width of mineralization
- High-grade sub-intervals reported
Facts used in scoring: 3
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: Not explicitly stated in the provided text snippet.
Evidence · text
“Highlights: N2-25-007”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
N2-25-007Advanced N2 · goldGrade: 1.3Grade Unit: g/tIntercept: 22.2 mView all detailsHide details
Identity
- Hole ID
- N2-25-007
- Project
- Advanced N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 1.3
- Grade Unit
- g/t
- Intercept
- 22.2 m
- From
- 139.9 m
- To
- 162.1 m
- Intercept Depth
- 139.9 m
Classification
- Sample Type
- drill
- Group ID
- N2-25-007:139.9-162.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-24T00:00:00.000Z
Reasoning: Moderate grade over a significant width.
Positive factors
- Solid width
Evidence · text
“1.3 g/t Au over 22.2 metres beginning at 139.9 metres downhole”
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
N2-25-007Advanced N2 · goldGrade: 2.36Grade Unit: g/tIntercept: 10.5 mView all detailsHide details
Identity
- Hole ID
- N2-25-007
- Project
- Advanced N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 2.36
- Grade Unit
- g/t
- Intercept
- 10.5 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-24T00:00:00.000Z
Reasoning: Stronger grade within the main intercept.
Positive factors
- High-grade sub-interval
Evidence · text
“2.36 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
N2-25-008Advanced N2 · goldGrade: 0.95Grade Unit: g/tIntercept: 61.1 mView all detailsHide details
Identity
- Hole ID
- N2-25-008
- Project
- Advanced N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 0.95
- Grade Unit
- g/t
- Intercept
- 61.1 m
- From
- 109 m
- To
- 170.1 m
- Intercept Depth
- 109 m
Classification
- Sample Type
- drill
- Group ID
- N2-25-008:109-170.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-02-24T00:00:00.000Z
Reasoning: Significant width of mineralization, supporting bulk-tonnage potential.
Positive factors
- Very large intercept width
Evidence · text
“0.95 g/t Au over 61.1 metres beginning at 109 metres downhole”
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.