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Formation Metals Appoints Veteran Geologist and Mining Executive Michael Dehn to the Board of Directors; Commences Fully Funded 15,000 Metre Extensional Drill Program at the Advanced N2 Gold Project
VANCOUVER, BC / ACCESS Newswire / April 20, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company, is pleased to announce the appointment of Mr. …
VANCOUVER, BC / ACCESS Newswire / April 20, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company, is pleased to announce the appointment of Mr. Michael Dehn to the Board of Directors of the Company, effective immediately.
Mr. Dehn is widely recognized as a visionary in the mining sector, having transitioned from a distinguished technical career to executive leadership and public service. He spent 11 years as a Senior Geologist with Goldcorp Inc., where he was instrumental in regional exploration programs in Red Lake, Ontario - a period that saw the district emerge as one of the premier high-grade gold jurisdictions globally.
"We are incredibly fortunate to welcome Michael to the Formation Metals team," said Deepak Varshney, CEO of Formation Metals. "His deep technical understanding of Archean lode gold deposits and his extensive experience in navigating capital markets will be invaluable as we continue to advance our flagship N2 Gold Project in the Abitibi Greenstone Belt. Michael's track record of discovery and his strategic approach to corporate growth align perfectly with our goal of creating significant shareholder value."
In addition to his technical expertise, Mr. Dehn currently serves as the Executive Chairman of Total Metals Corp. and is the Mayor of the Town of Erin, Ontario. His unique background in both municipal governance and corporate management provides him with a distinct perspective on stakeholder engagement, environmental stewardship, and sustainable development.
"I am thrilled to join the Board of Formation Metals at such a pivotal time in the Company's development," stated Michael Dehn. "With a robust portfolio of assets in tier-one jurisdictions and an aggressive exploration program already underway, Formation is well-positioned for a breakout year. I look forward to working closely with Deepak and the rest of the board to unlock the full potential of our mineral assets."
Drilling Update
The Company is also pleased to announce it has commenced its extensional drilling program as part of its on-going fully funded 30,000 metre drill program at its flagship N2 Gold Property ("N2" or the "Property").
Located 25 km south of Mattagami, Quebec, N2 is host to a global historic resource of ~871,000 ounces comprised of 18 Mt grading 1.4 g/t Au (~810,000 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.
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