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The latest update is out from Formation Metals Inc. ( (TSE:FOMO) ).
Formation Metals Inc. has announced significant progress in its Phase 1 drill campaign at the N2 Gold Project, with three new drillholes intercepting substantial mineralized sections, reinforcing the potential for a large-scale open-pit development. The findings align with historical data, enhancing the project’s viability and demonstrating the continuity of the deposit, which is crucial for building a bulk tonnage resource.
More about Formation Metals Inc.
Formation Metals Inc. is a North American mineral acquisition and exploration company focused on developing its flagship N2 Gold Property located in Quebec, Canada. The company is engaged in a fully funded 30,000 metre drill program targeting a multi-million ounce open-pit resource, with a strong focus on gold mineralization.
Average Trading Volume: 387,724
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$10.69M
For a thorough assessment of FOMO stock, go to TipRanks’ Stock Analysis page.