Formation Metals Inc. (FOMO)

Au intercept — N2-25-012 at N2 Gold Project

Company

Formation Metals Inc.

Ticker

FOMO

Property

N2 Gold Project

Metal

Au

Hole ID

N2-25-012

Interval

64.1–94.5 m

Width

30.4 m

Grade

1.75 g/t

Gram-metres

53.2 g·m

Value per tonne (live spot)

$256

Precious-metal value (nugget)

$256 (100% of value)

Residual value (net, est.)

$190

Jurisdiction

Unknown — not in source text

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.