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Formation Metals Inc. ( (TSE:FOMO) ) has issued an update.
Formation Metals Inc. has appointed Adrian Smith to its Advisory Committee, bringing his extensive mining industry experience to the company. This strategic move is expected to enhance the company’s operations, particularly in advancing its flagship N2 Gold Project in Quebec. With a fully funded 5,000-metre maiden drill program underway, Formation aims to capitalize on the potential for a multi-million-ounce gold deposit, positioning itself strongly within the industry and potentially increasing shareholder value.
More about Formation Metals Inc.
Formation Metals Inc. is a North American mineral acquisition and exploration company, primarily focused on the mining industry. The company is involved in the exploration and development of mineral resources, with a particular emphasis on gold projects.
YTD Price Performance: 63.04%
Average Trading Volume: 218,162
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$14.85M
Find detailed analytics on FOMO stock on TipRanks’ Stock Analysis page.
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