Source: Accesswire • Published: • Sentiment: neutral • Ticker: FOMTF
Step-out confirms the A-Zone stays open and is laterally continuous toward the high-grade RJ corridor, with up to 8 km of strike to expand to Highlights: Formation’s first step-out drilling beyond the established western boundary of the A-Zone returned the following key intercepts: N2-26-021: 1.05 g/t Au over 31 metres beginning at 243 metres downhole (203.8 metres vertical), including 1.89 g/t Au over 12 metres. The main interval correlates directly with the northern auriferous horizon in N2-25-004 (0.83 g/t Au over 40.4 metres), N2-25-009 (0.96 g/t Au over 21.7 metres) and N2-25-006 (0.67 g/t Au over 22.2 metres) confirming lateral continuity of the A-Zone, 200 metres to the west.
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Brief Summary
Formation Metals has announced a significant expansion of the A-Zone at its Advanced N2 Gold Project, confirming its potential for further gold discoveries.
- $1.05 g/t Au intercepted over 31 metres in step-out drilling
- Drilling expands the A-Zone 200 metres west into previously undrilled ground
- Key intercepts include 1.89 g/t Au over 12 metres
- Continued exploration could extend up to 8 km of strike potential
Why it matters: This expansion underscores Formation Metals’ commitment to exploring and maximizing gold resources, potentially significantly enhancing shareholder value.
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