Formation metals expands maiden drill program at the advanced n2 gold project to fully funded 7,500 metres

Not for distribution to united states newswire services or for dissemination in the united states 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 (~809,000 oz au) across four zones (a, east, rj-east, and central)2,3 and 243 kt grading 7.82 g/t au (~61,000 oz 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 continuous, low-variability historic gold deposit with ~522,900 ounces of which only ~35% of strike has been drilled (>3.1 km open), and the “rj” zone, host to high-grade intercepts from historical drill holes as high as 51 g/t au over 0.8 metres2, which was expanded by agnico eagle mines in 2008 in the most recent drilling at the property.
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