First Class Metals plc has raised gross £1 million through a placing of 26,315,790 new ordinary shares, at a price of 3.8 pence per share. TVRs The placing price is a 9.5% discount to the bid closing price of the company’s shares on 8 June 2026. The company will also issue over 909,090 new ordinary shares, in […]
Tag: Roy structure – Sunbeam gold property – Ontario – Canada
First Class drills bonanza-grade gold at Sunbeam
First Class Metals plc has intersected bonanza-grade gold, with visible gold observed, from initial drilling results at the Roy prospect on the Sunbeam property in Ontario, Canada. UPGRADE The company said that the findings highlighted “the presence of a high-grade mineralising system” at the past producing mine area. The initial results are from drill holes […]
First Class reports visible gold at Sunbeam
First Class Metals plc reported visible gold in core taken during drilling at the 10km Roy prospect on the Sunbeam property in Ontario, Canada. GRADES The company said that all drill holes had intersected the mineralised ‘package’, while the structure has a strike of more than 250 metres, and “could extend beyond 350 metres”. The 1,000m […]
First Class starts drilling at Sunbeam
First Class Metals plc has started a planned 1,000 metre drilling campaign on the 10km Roy structure at the Sunbeam gold property in Ontario, Canada. ROBUST Operator Forage PL is drilling the first hole SUN-26-01 which is a twin of historic hole SP-11-12. First Class said that the programme could possibly include a further three […]