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Formation Metals secures option for high-potential N2 Property in Quebecs Casa Berardi Gold Trend [Video]

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Company Formation

Formation Metals CEO Deepak Varshney joined Steve Darling from Proactive to share the company has announced the signing of an option agreement to acquire an undivided 100% interest in the highly prospective N2 property from Wallbridge Mining Company Limited. This strategic acquisition bolsters Formation Metals’ presence in the prolific Abitibi subprovince of Northwestern Quebec, a region known for its abundant gold resources and production history. The N2 property spans 87 claims, encompassing approximately 4,400 hectares of land located 25 kilometers south of Matagami, Quebec. Conveniently accessible year-round via provincial highways and well-maintained logging roads, the property is situated along the Casa Berardi mine trend. This geological corridor hosts numerous world-class, multi-million-ounce gold deposits, further highlighting the potential of the N2 property. Within the property, six known zones of gold mineralization have been identified. Four of these zones yielded a historical resource estimate of 18.2 million tonnes grading 1.48 grams per …

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