Finance Metals & Minerals News

FCM awarded C$200,000 for Zigzag exploration

First Class Metals plc has been approved a maximum C$200,000 grant for work completed on the polymetallic Zigzag property in northwest Ontario. PIVOTAL The award from the Ontario junior exploration programme (OJEP) is the company’s second following the North Hemlo grant in March 2023. The money covers up to a maximum of 50% of exploration […]

Metals & Minerals News

FCM drill results show additional metals at Zigzag

First Class Metals plc drilling results “exceeded expectations” and revealed additional metals at its Zigzag lithium property in the Seymour-Falcon corridor, northwest Ontario. EXPANSION Last December’s inaugural drill comprised 10 diamond drill holes for under 500m. Nine of the holes targeted the pegmatite with two ‘step-back’ holes and the tenth drilled as a scissor. FCM […]

Metals & Minerals News

FCM results show possible new structures at Zigzag

First Class Metals plc (FCM) said that soil sampling and rock-grab results showed possible new structures at its Zigzag property in northwest Ontario. STRUCTURES Taken last year, the 68 soil samples from lines to the east west of the core section, showed anomalous lithium ratios. The company said that results from soil lines 200m to […]

Metals & Minerals News

FCM drilling shows ‘robust’ intersects at Zigzag

First Class Metals plc (FCM) intersected spodumene-bearing pegmatites in nine targeted holes drilled at the Zigzag lithium property in the Seymour-Falcon corridor, northwestern Ontario. SAMPLING The company recorded more than 50 metres of pegmatite, exceeding 5m in thickness, and mineralisation remaining open along strike and down dip. Multiple mineralised pegmatite zones were intersected in holes […]

Equipment & Logistics Metals & Minerals News

FCM begins inaugural 500m drilling at Zigzag

First Class Metals plc (FCM) yesterday began an inaugural 500m drilling programme on the lithium, tantalum, rubidium and gallium Zigzag property in northwest Ontario. CENTRAL Following FCM’s early exploration agreement with Whitesand First Nation (WFN), Rodren Drilling, a WFN approved service provider, is the operator. Seven drillholes are initially planned over 50m with the provision […]

Metals & Minerals News

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 […]