First Class Metals plc (FCM) has staked a further eight claims, each of 400ha, contiguous to its McKellar volcanic massive sulphide property in Ontario, Canada. TRENDS The property, previously comprising 58 claims across 12km², lies some 25km from the town of Marathon. The additional staking follows results from grab samples at McKellar and nearby occurrences […]
Tag: First Class Metals plc
FCM to take core of Sunbeam gold project
First Class Metals plc (FCM) expects to hold the ‘core’ Sunbeam mine area claims in Ontario as the company prepares for its 2023 exploration programme. SUNBEAM FCM acquired Sunbeam in early 2022 and was awarded exploration permits to allow drilling. The property includes the historic high-grade underground Sunbeam gold mine which operated from 1898 to […]
FCM increases strike length and potential at West Pickle Lake
First Class Metals plc (FCM) reported an increase in strike length to more than 600m following assays at the company’s West Pickle Lake polymetallic project in Ontario, Canada. TRENDING STRUCTURE The company has previously reported high grade intercepts from assays of its 2022 drill programme. FCM today added that the increased strike length remained open […]
FCM identifies Dead Otter Lake trend
First Class Metals plc said it had identified a gold and molybdenum anomalous trend more than 3km long on its North Hemlo property in Ontario, Canada. FOCUS The trend lies to the southeast of the historic Dead Otter Lake occurrence where sampling extended mineralisation to the southeast with assays including an “incredible” 19.6 g/t gold. […]
First Class receives £15,625 via warrants exercise
First Class Metals plc received £15,625 following notice to exercise warrants over a total of 125,000 ordinary shares. Following admission, the company’s issued share capital will consist of 70,094,589 ordinary shares with voting rights.
FCM reports new gold-silver showing on Enable
First Class Metals plc reported a “new gold showing with significant silver” from first assay results of the 2022 field campaign at the Enable property, west of Marathon in Ontario. CONTACT The company conducted the programme over a district-scale mineralised geological feature, striking northeast to southwest, which can be traced off property to historical showings. […]