First Class Metals plc (FCM) has been granted further exploration permits for its Enable and McKellar properties from the Ontario Ministry of Mines. COLLABORATION The three-year permits are effective until 16 November 2026 and will allow stripping, trail cutting and diamond drilling. Enable, with proven mineralisation and historical showings including Perch Lake reporting 1.85ppm gold, will […]
Tag: First Class Metals plc
FCM grab sample results add confidence in Zigzag
First Class Metals plc (FCM) said final results from the first phase of exploration at the Zigzag lithium project further supported the property’s potential. CONFIDENCE Grab samples identified a 350-metre strike with >1% Li2O remaining open at both ends. The company has completed channel sampling in the central area of the property, with results pending from […]
FCM granted exploration permits for North Hemlo-Esa
First Class Metals plc (FCM) has been granted two exploration permits for the company’s North Hemlo and Esa polymetallic properties in the Hemlo area of northwest Ontario. DRILL LOCATIONS The company said it was on target to bring four of its properties to drill-ready status, with the possible exception of Esa, and to drill one […]
FCM NED Danesh Varma leaves
First Class Metals plc non-executive director Danesh Varma has resigned to pursue other interests as Andrew Williamson becomes NED, effective 15 October. Mr Varma will continue as an advisory consultant when required regarding corporate matters due to his extensive experience in Canada. “On behalf of the board of directors, I would like to thank Danesh […]
FCM begins lithium exploration and sampling at Zigzag
First Class Metals plc (FCM) has begun a systematic exploration and mapping campaign at the Zigzag lithium project in the Seymour Lake area of northwest Ontario. OUTCROPS The company is targeting known exposures of pegmatite-hosted lithium mineralisation, alongside conducting sawn channel sampling along strike intervals across the exposed pegmatite outcrop. A further thirty-nine grab samples […]
FCM partner acquires 80% of West Pickle Lake
First Class Metals plc’s partner has acquired an 80% interest in and become operator of the West Pickle Lake nickel-copper project in Ontario. EXTENSIVE Palladium One Inc. completed its earn-in over two years of a possible three-year period and will now create a formal joint venture agreement for the 33 single cell mining claims. The […]