Metals & Minerals News

FCM discovers high-grade nickel sulphide at Pickle Lake

First Class Metals plc (FCM) has discovered high grade nickel sulphide at its earn in/joint venture (JV) project at Pickle Lake within the Schreiber-Hemlo region, Ontario, Canada. JOINT VENTURE The project comprises 33 single cell mining claims over which Palladium One has the option to earn-in to an 80% interest subject to a three-year work programme. The JV sits […]

Metals & Minerals News

Power Metal completes Schreiber-Hemlo assets sale to FCM

Power Metal Resources plc has completed the sale to First Class Metals Ltd (FCM) of its 100% owned Schreiber-Hemlo interests in Ontario, Canada. WORKING CAPITAL Power Metal chief executive Paul Johnson said that the transaction was the first completed corporate disposal/spin-out for the company which would hold a significant interest in FCM. “Our corporate disposal/spin-out developments […]