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 […]
Tag: Ontario – Canada
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 […]
First Class Metals 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 further high grade intercepts at West Pickle Lake
First Class Metals plc (FCM) reported further high-grade drillhole intercepts from the West Pickle Lake massive sulphide discovery in Ontario, Canada. JOINT VENTURE The Pickle Lake project area comprises 33 single cell mining claims over which Palladium One Inc has the option to earn in to an 80% interest subject to a three-year work programme commitment. […]
FCM signs exclusive earn-in for Ontario lithium
First Class Metals plc (FCM) has signed an exclusive agreement for a lithium earn-in project in northwest Ontario, Canada. PROJECT The company has 60 days exclusivity on a “highly prospective, strategically located project”. The deal, covered by an non-disclosure agreement, is for a project less than 100km from Armstrong and in a district “proved to […]
FCM assays show ‘massive sulphide’ find at West Pickle Lake
First Class Metals plc (FCM) reported assay results showing a “massive sulphide” discovery representing a “major new nickel district” at West Pickle Lake nickel-copper-cobalt project in Ontario, Canada. JOINT VENTURE The Pickle Lake project area comprises 33 single cell mining claims over which Palladium One Inc has the option to earn in to an 80% interest […]