Formation Metals is pleased to announce that, further to its news releases of Sept 30, Oct 1 and Oct 15, 2025, it has closed the second tranche of its private placement, raising $8,456,619.81 in gross proceeds through the issuance of 17,837,838 units at $0.37 per LIFE Unit and 4,528,341 flow-through units at $0.41 per FT Unit. Following the closing of the second tranche, the Company has working capital of ~C$12.7M with [...]
Formation has closed $8,262,389.48 in gross proceeds, fully funding its planned 20,000 metre total multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1, consisting of 10,000 metres, commenced on September 25, 2025. Phase 1 will [...]
Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~870,000 oz comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1, consisting of a fully funded 10,000 m, commenced on Sept 25, 2025. Phase 1 will target the "A" zone, a shallow, highly continuous [...]
Highlights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1, consisting of a fully funded 10,000 metres, commenced on September 25, 2025. Phase 1 will target the "A" zone, a shallow [...]
Highlights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1, consisting of a fully funded 10,000 metres, commenced on September 25, 2025. Phase 1 will target the "A" zone, a shallow [...]
Highlights: Formation has commenced a fully funded 10,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.5 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1 will target the "A" zone, a shallow, highly continuous, low-variability historic gold deposit with [...]
Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1 is a fully funded 10,000 metre program focusing on targets in the "A" zone, a shallow, highly continuous [...]
Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1 has been expanded to a fully funded 10,000 metre program focusing on targets in the "A" zone, a shallow, highly [...]
Formation has planned a 20,000 m multi-phase drill program at its flagship N2 Gold Project near Matagami, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1 has been expanded to a fully funded 10,000 metre program focusing on targets in the "A" zone, a shallow, highly continuous, low-variability [...]
Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1 has been expanded to a fully funded 7,500 metre program targeting expansion targets in the “A” zone, a shallow, highly [...]
Highlights: Formation has filed its 30-day notice with the responsible municipal authorities for its upcoming 2025 exploration activities. Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au across four zones 2,3 and 243 Kt grading 7.82 g/t Au across the RJ zone2,4. Phase 1 is a [...]
Formation Metals Inc. , a North American mineral acquisition and exploration company, is pleased to announce that it has retained Strategy Exploration Advisors , an independent exploration consulting firm based out of Rouyn-Noranda, Québec, as its field operations manager for its planned 20,000 metre multi-phase drill program at its flagship N2 Gold Project in Quebec. N2 is an advanced gold project with a global historic [...]
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