# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/formation-metals-intersects-1-8-g-t-au-over-21-9-metres-east-of-1-75-g-t-au-over--712a69d7-d471-4a18-9fde-74dc64193034

Original source: https://finance.yahoo.com/markets/commodities/articles/formation-metals-intersects-1-8-110000272.html

Publisher: yahoo\_press

Original announcement: 2026-04-16T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T02:43:04.499Z

Atlas analysis updated: 2026-09-22T02:43:04.499Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: significant width

- Positive factor: continuity demonstrated

Facts used in scoring: 3

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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)

### N2-25-004

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-intersects-1-8-g-t-au-over-21-9-metres-east-of-1-75-g-t-au-over--712a69d7-d471-4a18-9fde-74dc64193034#fact-drill-facts-0)

Advanced N2 · gold

#### 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 factor: 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 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

### N2-25-006

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-intersects-1-8-g-t-au-over-21-9-metres-east-of-1-75-g-t-au-over--712a69d7-d471-4a18-9fde-74dc64193034#fact-drill-facts-1)

Advanced N2 · gold

#### 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 factor: 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 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

### N2-25-009

[Link to this fact](https://atlas-staging.minestarters.com/news/formation-metals-intersects-1-8-g-t-au-over-21-9-metres-east-of-1-75-g-t-au-over--712a69d7-d471-4a18-9fde-74dc64193034#fact-drill-facts-2)

Advanced N2 · gold

#### 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 factor: consistent width

Evidence · text

> N2-25-009: 1.37 g/t Au over 24.0 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

## 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.
