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Estimate to Incorporate New Drilling Results and Extensive Historical Data, Targeting Significant Resource GrowthHighlights:Formation is undertaking a fully funded 30,000-metre drill program at its flagship N2 Gold Project in Quebec, 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.Formation's Phase 1 drill program was expanded to approximately 14,000 metres based on the results of the fieldwork to-date, which includes the following significant intervals that have material visually comparable to long gold intervals in historical drilling including 245-91-151, which intercepted 1.7 g/t Au over 35.0 metres:N2-25-008: 208.8 metres of target mineralization was intercepted beginning at 28.6 metres downhole, with multiple intervals over 40 metres in width including up to 70.0 metres.N2-25-011: 166.8 metres of target mineralization was intercepted beginning at 60.0 metres downhole, with multiple intervals over 20 metres in width including up to 70.6 metres.Following the completion of Phase 1, nearly 70,000 metres will have been drilled at N2, the majority of which will be incorporated into Formation's maiden mineral resource estimate. The Company is targeting a conceptual open pit resource following the completion of all drilling.The Company has working capital of ~C$12.1M with zero debt. Inclusive of provincial tax credits from the Quebec government, Formation's exploration budget for 2025-2026 is set at ~$8.1M.

Venezuela's interim president will soon visit the United States, a senior US official said Wednesday, further signaling President Donald Trump's willingness to embrace the oil-rich country's new leader.

Australians will fall quiet in candlelight Thursday on a national day of mourning for the 15 people killed by gunmen who opened fire at a Jewish festival at Bondi Beach.

Australians will fall quiet in candlelight Thursday on a national day of mourning for the 15 people killed by gunmen who opened fire at a Jewish festival at Bondi Beach.

Liverpool eased to a 3-0 win in Marseille in the Champions League on Wednesday as Harry Kane's double earned Bayern Munich a 2-0 victory against Union Saint-Gilloise that secured a place in the last 16 for the German giants.

Fermin Lopez's first-half brace and second-half goals by Dani Olmo and Robert Lewandowski earned Barcelona a 4-2 Champions League win at Slavia Prague on Wednesday.

Newcastle climbed into position to reach the Champions League last 16 by punishing PSV Eindhoven's defensive blunders for a 3-0 win at St James' Park on Wednesday.

Fermin Lopez's first-half brace and second-half goals by Dani Olmo and Robert Lewandowski earned Barcelona a 4-2 Champions League win at Slavia Prague on Wednesday.

Harry Kane scored twice in three second-half minutes as Bayern Munich saw off Union Saint-Gilloise 2-0 on Wednesday to reach the last 16 of the Champions League.

Newcastle climbed into position to reach the Champions League last 16 by punishing PSV Eindhoven's defensive blunders for a 3-0 win at St James' Park on Wednesday.

US President Donald Trump repeatedly made an apparent gaffe in a speech Wednesday to world leaders assembled in Switzerland by referring to "Iceland" several times instead of his much coveted "Greenland," with the White House furiously denying any confusion on his part.

Liverpool took a big step towards automatic qualification for the Champions League last 16 on Wednesday as Mohamed Salah returned in a 3-0 victory at Marseille.

Moises Caicedo's late goal gave Chelsea a vital 1-0 win against Cypriot minnows Pafos on Wednesday as the Blues moved closer to automatic qualification for the Champions League last 16.

US President Donald Trump said Wednesday he had reached a framework of a deal that satisfies him on Greenland, as he backed down both on threats to seize the island by force from Denmark and on imposing tariffs against European allies.

Stocks mostly steadied Wednesday as markets digested shifting comments from US President Donald Trump that dialed down tensions with Europe over Greenland.

A Republican-led US House panel voted Wednesday to launch contempt of Congress proceedings against Bill and Hillary Clinton over their refusal to testify before its probe into sex offender Jeffrey Epstein.

US President Donald Trump said Wednesday he reached a framework for a permanent deal over his contentious efforts to acquire Greenland, and that he would therefore waive tariffs that were to hit European allies.

Iranian authorities on Wednesday said 3,117 people were killed during protests that first erupted in late December, but activists said the actual toll risked being many times higher due to a crackdown that suppressed the demonstrations.

Algerian players Luca Zidane and Rafik Belghali have been banned for two and four matches respectively for their part in ugly scenes following a quarter-final defeat to Nigeria at the African Cup of Nations.

Iranian authorities on Wednesday said 3,117 people were killed during protests that first erupted in late December, but activists said the actual toll risked being many times higher due to a crackdown that suppressed the demonstrations.

Atletico Madrid's hopes of earning a Champions League top eight spot at the end of the league phase were diminished by a 1-1 draw at Galatasaray on Wednesday in their penultimate fixture.

The Israeli military said it struck four crossings along the Syria-Lebanon border on Wednesday that were used by Hezbollah to smuggle weapons, after earlier launching fresh strikes on the militant group in Lebanon.

Spanish train drivers on Wednesday called a three-day strike for February, plunging the country's under-scrutiny railways into further turmoil, after two accidents just days apart killed 44 people.

Snapchat on Wednesday confirmed it made a deal to avoid a US civil trial accusing it, along with Meta, TikTok, and YouTube, of addicting young people to social media.

A winter storm bringing very cold temperatures is expected to slam a massive stretch of the United States this week with more than 175 million people facing the prospect of power outages and travel disruptions.

The United States said it launched an operation Wednesday that could move thousands of Islamic State group jihadists from Syria to Iraq, as Syrian and Kurdish-led forces traded accusations of breaching a fragile ceasefire.

Dior designer Jonathan Anderson delivered his vision Wednesday of "today's aristocracy" in his second menswear show for the brand in Paris, mixing new gender-mixed creations with house symbols.

Former England captain Jamie George has announced he will retire after completing the 2026-27 season with Saracens.

Israel launched fresh strikes on what it said were Hezbollah targets in south Lebanon after raids earlier Wednesday killed two people, the latest violence despite a year-old ceasefire with the militant group.

Ubisoft on Wednesday ended a months-long wait for details of a restructuring the French games giant hopes will power it up to face a competitive market -- at the price of a string of cancelled games and a new round of belt-tightening.

Opener Abhishek Sharma struck 84 off 35 balls to set up a convincing 48-run win for India in the first of five T20 internationals against New Zealand on Wednesday.

To muted applause and not a few stony faces, US President Donald Trump took the stage before hundreds of the world's rich and powerful Wednesday for the most anticipated speech of this year's Davos forum.