# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/formation-metals-intersects-0-95-g-t-au-over-61-1-metres-including-1-68-g-t-au-o--e526308f-acbf-43c3-979b-d38c7d23a4bd

Original source: https://finance.yahoo.com/news/formation-metals-intersects-0-95-080100647.html

Publisher: yahoo\_press

Original announcement: 2026-02-24T08:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T03:13:05.861Z

Atlas analysis updated: 2026-09-22T03:13:05.861Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Significant width of mineralization

- Positive factor: High-grade sub-intervals reported

Facts used in scoring: 3

## 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: 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)

### N2-25-007

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-intersects-0-95-g-t-au-over-61-1-metres-including-1-68-g-t-au-o--e526308f-acbf-43c3-979b-d38c7d23a4bd#fact-drill-facts-0)

Advanced N2 · gold

#### 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 factor: 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 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

### N2-25-007

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-intersects-0-95-g-t-au-over-61-1-metres-including-1-68-g-t-au-o--e526308f-acbf-43c3-979b-d38c7d23a4bd#fact-drill-facts-1)

Advanced N2 · gold

#### 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 factor: High-grade sub-interval

Evidence · text

> 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

### N2-25-008

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-intersects-0-95-g-t-au-over-61-1-metres-including-1-68-g-t-au-o--e526308f-acbf-43c3-979b-d38c7d23a4bd#fact-drill-facts-2)

Advanced N2 · gold

#### 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 factor: 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 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.
