First Class Metals plc has started exploration and a historical data review of rare earth elements (REEs) on the McKellar polymetallic claim block in the Schreiber-Hemlo region of Ontario, Canada.
MCKELLAR
The property, comprising 58 claims covers 11km², contains known ‘showings’ or samples of gold, silver and base metals as well as a diatreme* with reported anomalous REE.
“Although it is primarily the high precious and base metal values in the historic showings that makes McKellar stand out, the presence of a relatively underexplored rare earth hosting diatreme in the south of the property has potential significance implications,” said FCM in a statement.
SAMPLES
The company conducted a ‘first pass’ review of the McKellar diatreme area to identify and re-sample the outcrop and also collected 10 rock samples.
Of these, nine were grab samples of outcrop in the vicinity of an identified drill hole, and the other a ‘float’ or boulder sample in a creek immediately to the south west.
CONFIDENCE
“The Autumn campaign generally plans to build on the visual encouragement and preliminary assay results from samples collected in the first pass across our properties earlier this year,” added chief executive Marc Sale.
“Work completed to date on key properties has given us increased confidence to push forward with further exploration, vectoring us in to now what are becoming priority targets”.
* a volcanic pipe formed by a gaseous explosion (Wiki)