Hello, please does anyone know what is this font or similar?
Thank you for any tips!

Compacta  Suggested by donshottype 
Enamel Base  Suggested by DaEpicWolf 

Is this metal type? wood type?
Any info on foundry?

It's metal (lead) type. I found it on ebay, but there is no description.
http://www.ebay.com/itm/Caracteres-plomb-27-mm-Tampon-Alphabet-Typographie-Lettres-lettre-Imprimerie-/222128461293

So, seems to be from a French foundry with the name "Tampon"
Some letters, notably _Q_ and _&_ do not seem to match a digital font
Otherwise it looks more or less like Compacta

Found It
Don't know where you can get it for free.
But I'm pretty sure its Enamel Base

Thank you Guys!!! Awesome!

Neither of the two fonts suggested so far is 100% spot on.
For example, Enamel Base has the closer match for _S_ but Compacta is closer for _G_
etc. etc.

Yeah, "&" is different in both typefaces. But it's ok. Thanks!

Glad to help @wzwxayty

Just for the fun of it, a 50-50 blend of Compacta and Enamel Base

The curves on the top and bottom of letters like _C_ and _O_ look like a really close match to the metal type.
Generally it might be a better match than either font. Unfortunately, AFAIK nobody has produced a font that looks similar to such a blend.

That's awesome, maybe when I have some time I can try to create exact copy of this typeface.
Thank you donshottype for your exhaustive work.

Thank you. much appreciated.
It is possible to transform your image into one where the light areas are dark and to produce b&w tiffs that can be auto-traced for further editing. For example a few of the more distinctive glyphs:

[Forgot to include the _Q_ ]
The design is attractive and definitely worth pursuing. I think the project would be well worth your effort
Cheers