Formation Metals Inc.

Formation Metals Inc. , a North American mineral exploration company focused on advancing high-potential projects in tier-one jurisdictions, is pleased to announce the appointment of Mr. Roger Rosmus to the Company's newly formed Advisory Board. Mr. Rosmus, currently the Founder and CEO of Goliath Resources Ltd., serves as the inaugural appointment to this board. Mr. Rosmus brings over 25 years of experience in investment [...]

Highlights: N2-25-005: 0.91 g/t Au over 42.3 metres beginning at 14.0 metres downhole, 9.9 metres vertical. Highlight intervals include 2.04 g/t Au over 8.1 metres and 1.31 g/t Au over 11.4 metres. N2-25-012: 1.75 g/t Au over 30.4 metres beginning at 64.1 metres downhole, 45.3 metres vertical. Highlight intervals include 3.51 g/t Au over 10.5 metres and 19.2 g/t Au over 0.51 metres. Wide, continuous near-surface [...]

Formation Metals Inc. , a North American mineral acquisition and exploration company, is pleased to announce the mobilization of a second drill rig to its flagship N2 Gold Property to accelerate its fully funded 30,000 metre drill program. The Company has working capital of ~C$12.1M with zero debt. Inclusive of provincial tax credits from the Quebec government, Formation's exploration budget for 2025-2026 is set at [...]

Formation is undertaking a fully funded 30,000-metre drill program at its flagship N2 Gold Project, host to a global historic resource of ~871,000 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. Formation's Phase 1 drill program was expanded to approximately 14,000 m based on the results of the fieldwork to-date, which includes the following [...]

Highlights: The Company is undertaking a fully funded 30,000 metre drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~871,000 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 approximately 14,000 metres based on the results of the fieldwork to-date, which includes the following [...]

Significant mineralized sections were intercepted in N2-25-006, N2-25-009 and N2-25-011 drilled in the "A" zone, where the Company is targeting a multi-million ounce conceptual open-pit resource; the Company's maiden drill program is focused on assessing the first three hundred metres vertical. N2-25-006: 102.6 m of target mineralization intercepted beginning at 15.3 m downhole, with multiple intervals over 10 m in width [...]

Significant mineralized sections have been intercepted within N2-25-003 and N2-25-008, drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill campaign at N2 since 2008, when Agnico drilled the "RJ" Zone where historical drilling identified high-grade intercepts as high as 51 g/t Au over 0.8 metres. N2-25-003: 152.9 metres of target mineralization was intercepted beginning at 23.1 metres [...]

Highlights: Visible gold observed in two of the first thirteen drill holes including within a 30.8 metre interval drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill campaign at N2 since 2008, when Agnico drilled the "RJ" Zone where historical drilling identified high-grade intercepts as high as 51 g/t Au over 0.8 metres2. The Company is undertaking a fully funded 30,000 metre drill [...]

Highlights: Visible gold observed in two of the first thirteen drill holes including within a 30.8 metre interval drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill campaign at N2 since 2008, when Agnico drilled the "RJ" Zone where historical drilling identified high-grade intercepts as high as 51 g/t Au over 0.8 metres2. The Company is undertaking a fully funded 30,000 metre drill [...]

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 [...]