Formation Metals Intersects 1.8 g/t Au over 21.9 Metres East of 1.75 g/t Au over 30.4 metres at the Advanced N2 Gold Project: Drilling Confirms 300 Metre Continuity Within 5 Kilometres of Mineralized Strike
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 02:43:05 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, highlighting intercepts such as 1.8 g/t Au over 21.9 metres. The drilling confirms approximately 300 metres of mineralized continuity within the project area.
Reasoning: Drilling confirms significant gold continuity with multiple intercepts exceeding 20m in width.
Positive factors
- significant width
- continuity demonstrated
Facts used in scoring: 3
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling confirms 300 metre continuity within 5 kilometres of mineralized strike.
Evidence · text
“Drilling Confirms 300 Metre Continuity Within 5 Kilometres of Mineralized Strike”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
N2-25-004Advanced N2 · goldGrade: 0.83Grade Unit: g/tIntercept: 40.4 mView all detailsHide details
Identity
- Hole ID
- N2-25-004
- Project
- Advanced N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 0.83
- Grade Unit
- g/t
- Intercept
- 40.4 m
- From
- 180 m
- To
- 220.4 m
- Intercept Depth
- 180 m
Classification
- Sample Type
- drill
- Group ID
- N2-25-004:180-220.4
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-16T00:00:00.000Z
Reasoning: Significant width of 40.4m provides good continuity signal despite moderate grade.
Positive factors
- wide intercept
Evidence · text
“N2-25-004: 0.83 g/t Au over 40.4 metres beginning at 180.0 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
N2-25-006Advanced N2 · goldGrade: 1.8Grade Unit: g/tIntercept: 21.9 mView all detailsHide details
Identity
- Hole ID
- N2-25-006
- Project
- Advanced N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 1.8
- Grade Unit
- g/t
- Intercept
- 21.9 m
- From
- 154.4 m
- To
- 176.3 m
- Intercept Depth
- 154.4 m
Classification
- Sample Type
- drill
- Group ID
- N2-25-006:154.4-176.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-16T00:00:00.000Z
Reasoning: High-quality intercept with 1.8 g/t over a substantial 21.9m width.
Positive factors
- strong grade-width product
Evidence · text
“N2-25-006: 1.8 g/t Au over 21.9 metres beginning at 154.4 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
N2-25-009Advanced N2 · goldGrade: 1.37Grade Unit: g/tIntercept: 24 mView all detailsHide details
Identity
- Hole ID
- N2-25-009
- Project
- Advanced N2
- Commodity
- gold
- Ticker
- FOMO
Geometry
- Grade
- 1.37
- Grade Unit
- g/t
- Intercept
- 24 m
Classification
- Sample Type
- drill
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-04-16T00:00:00.000Z
Reasoning: Solid intercept confirming mineralized continuity.
Positive factors
- consistent width
Evidence · text
“N2-25-009: 1.37 g/t Au over 24.0 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
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.