FOMO: New Discovery Extends A-Zone, Opening a New Corridor Toward High-Grade Gold

Disclaimer and Information on Forward Looking Statements: Rockstone, Zimtu Capital Corp. (“Zimtu“) and Formation Metals Inc. (“FOMO“; “the Company“) caution investors that any forward-looking information provided herein is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the FOMO‘s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through its documents filed on SEDAR at www.sedarplus.ca. All statements in this article, other than statements of historical fact, should be considered forward-looking statements. This article contains forward-looking statements within the meaning of applicable Canadian securities laws, including but not limited to statements regarding: The interpretation and significance of recent drill results from the A-Zone and the western extension of the N2 Gold Project; the potential continuity, scale and expansion of mineralization beyond the historical resource footprint; the expectation that additional drilling may connect, extend or expand mineralized zones along strike and at depth; the potential significance of the corridor between the A-Zone and the high-grade RJ Zone; the expectation that future drilling may contribute additional ounces to a planned maiden mineral resource estimate; the Company’s ability to execute and complete its fully funded 75,000 m drill program; statements regarding district-scale exploration potential, near-surface mineralization and conceptual open-pit development scenarios; and the potential for further discoveries across the broader N2 property. Forward-looking statements are based on management’s current expectations, assumptions and beliefs as of the date of publication and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Exploration and Geological Risk: Mineral exploration is inherently speculative and involves significant risk. While recent drilling has demonstrated encouraging continuity within the A-Zone, there can be no assurance that additional drilling will confirm the extent, continuity, geometry or grade of mineralization currently interpreted. Future drill holes may return lower grades, narrower intervals or different geological characteristics than anticipated. Geological models and interpretations may change materially as additional data become available. A-Zone and RJ Corridor Risk: The Company’s interpretation that the newly discovered western extension may connect toward the RJ corridor remains conceptual and subject to further drilling. There is no assurance that mineralization between the A-Zone and RJ Zone will prove continuous, economically significant or supportive of future resource growth. Historical high-grade intercepts within the RJ Zone may not be representative of future drilling results. Historical Resource Risk: The N2 Project contains historical resource estimates and historical exploration data that are non-current and not compliant with current NI 43-101 standards. These historical estimates should not be relied upon as current mineral resources. A qualified person has not completed sufficient work to classify the historical estimates as current resources and there is no assurance that future technical work will validate, reproduce or convert any portion of the historical estimates into current mineral resources. Sampling and Assay Risk: Assay results are subject to sampling, analytical and laboratory uncertainties. Reported drill intervals may not represent true widths and interpretations may change as additional drilling, modeling and technical analysis are completed. Delays in laboratory turnaround times may also impact the timing of future results. Mineral Resource Estimate Risk: The Company has indicated its intention to complete a maiden mineral resource estimate. Any future resource estimate will depend on numerous technical assumptions, including geological continuity, cut-off grades, density assumptions, metallurgical recovery assumptions and geostatistical modeling inputs. There is no assurance that a future mineral resource estimate will meet current expectations regarding tonnage, grade or contained ounces. Conceptual Development Risk: References to near-surface mineralization, bulk-tonnage potential and conceptual open-pit development scenarios are speculative in nature. Economic viability has not been demonstrated. Future development considerations will depend on numerous factors, including gold prices, metallurgical performance, geotechnical conditions, permitting requirements, environmental considerations, capital costs and operating costs. Financing and Market Risk: While the Company’s current exploration program is described as fully funded, additional exploration, technical studies and potential development activities may require future financing. There is no assurance that future capital will be available on acceptable terms or at all. The Company’s share price may also be affected by exploration results, commodity prices, market conditions, sector sentiment, liquidity constraints and broader economic developments. Operational, Environmental and Regulatory Risk: Exploration activities may be affected by weather conditions, contractor performance, labor availability, equipment availability, technical challenges, permitting requirements or unforeseen operational delays. Exploration and potential future development activities remain subject to environmental regulations, governmental approvals and regulatory requirements that may impact timelines, costs or project scope. Commodity Price Risk: The attractiveness and potential economics of the N2 Gold Project are sensitive to fluctuations in gold prices and broader macroeconomic conditions, which are inherently volatile and beyond the Company’s control. Cautionary Note to Readers: Forward-looking statements are not guarantees of future performance. Actual results may differ materially from those anticipated due to the risks and uncertainties described above and in the Company’s public disclosure filings. Mineralization hosted on nearby properties or within similar geological environments is not necessarily indicative of mineralization on the Company’s properties. Historical exploration results and historical resource estimates referenced in this article are historical in nature and should not be relied upon as current mineral resources.

Disclosure of Interest and Advisory Cautions: Nothing in this report should be construed as a solicitation to buy or sell any securities mentioned. Rockstone, its owners and the author of this report are not registered broker-dealers or financial advisors. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. Never make an investment based solely on what you read in an online or printed report, including Rockstone’s report, especially if the investment involves a small, thinly-traded company that isn’t well known. The author of this report, Stephan Bogner, is paid by Zimtu Capital Corp. (“Zimtu”), a TSX Venture Exchange listed investment company. Part of the author’s responsibilities at Zimtu is to research and report on companies in which Zimtu has an investment. So while the author of this report is not paid directly by Formation Metals Inc. (“FOMO“), the author’s employer Zimtu Capital Corp. will benefit from volume and appreciation of FOMO‘s stock prices. The author also owns equity of FOMO, and he also owns equity of Zimtu Capital Corp. and thus will benefit from volume and price appreciation of these stocks. FOMO pays Zimtu Capital Corp. to provide this report and other services. FOMO has signed an agreement with Zimtu Capital Corp. (TSX.V: ZC) (FSE: ZCT1) (“Zimtu”) whereby Zimtu will provide marketing services under its ZimtuADVANTAGE program, effective August 1, 2025, for an initial term of 12 months at a cost of $12,500 per month. The program is designed to provide opportunities, guidance, marketing and assistance. Services include investor presentations, email marketing, lead generation campaigns, blog posts, digital campaigns, social media management, Rockstone reports & distribution, video news releases and related marketing & awareness activities. Zimtu is based in Vancouver, at Suite 1450 – 789 West Pender Street, Vancouver, BC V6C 1H2. Zimtu may be reached at 604.681.1568, or info@zimtu.com. Overall, multiple conflicts of interests exist. Therefore, the information provided in this report should not be construed as a financial analysis or recommendation but as an advertisement. Rockstone’s and the author’s views and opinions regarding the companies that are featured in the reports are the author‘s own views and are based on information that was received or found in the public domain, which is assumed to be reliable. Rockstone and the author have not undertaken independent due diligence of the information received or found in the public domain. Rockstone and the author of this report do not guarantee the accuracy, completeness, or usefulness of any content of this report, nor its fitness for any particular purpose. Lastly, Rockstone and the author do not guarantee that any of the companies mentioned in the report will perform as expected, and any comparisons that were made to other companies may not be valid or come into effect. Please read the entire disclaimer carefully. If you do not agree to all of the Disclaimer, do not access this website or any of its pages including this report in form of a PDF. By using this website and/or report, and whether or not you actually read the Disclaimer, you are deemed to have accepted it. Information provided is educational and general in nature. Data, tables, figures and pictures, if not labeled or hyperlinked otherwise, have been obtained from Formation Metals Inc., Tradingview, Stockwatch, and the public domain. The cover picture has been obtained and licenced from 123rf.com.