First Class Metals

Default features description for sign up page.

Join our free monthly email newsletter - First Class Focus - to get the latest insight into work across our portfolio, access to all of our special reports, and much, much more…

Useful Resources

Company Presentation

Shareholder Information

Why Invest in UK-Listed Junior Mining & Exploration Companies

Investors

Zigzag (Li, Ta, Rb) Lithium & Critical Metal Exploration Project

Kerrs Gold Project | Ontario (Au) Gold Exploration Asset

Esa Project | (Au) Gold Exploration in Ontario Canada

Sunbeam (Au) Gold Exploration & Mining Project

North Hemlo (Au, Ni, Mo, Cu) Gold & Metal Exploration & Mining

Mining & Metal Exploration Projects Overview |

Pipeline Projects

Naming our new projects

Projects

Corporate Strategy | First Class Metals Exploration Plan

ESG Policies | Responsible Metal Mining & Exploration

Board & Management | First Class Metals Leadership Team

Corporate

Overview page 2

UK Listed Junior Mining Company | Gold & Metal Exploration

First Class Focus

News Announcements

Media

Contact Us

Poppins

It’s not easy getting a company listed at the moment. Markets are tough, and uncertainty is elevated.

So, it’s a testimony to the quality of the Canadian assets inside First Class Metals that we were able to get the company away at the end of last month.
There’s also the matter of news flow.

Because, make no mistake, while we’ve been teeing up the corporate side of things in London, we haven’t been idle on the ground in Canada.

As our recent update shows, there’s been plenty going on over the last few months, and we’ve been able to get teams of geologists and prospectors out to six of our seven projects to commence meaningful harvesting of data.

In particular, soil sampling programmes have been completed across selective areas of our properties, and a sizeable amount of aeromagnetic data has been accumulated on our flagship North Hemlo project.

When the results of the sampling are collated, we can begin the process of moving towards target definition. So far, visually, the results look promising, and we can be fairly confident that in a few months’ time we’ll have a good idea of where we want to drill when it comes to initiating next year’s programmes.  Exploration permit applications are being drafted.

Importantly, thanks to the recent fundraising, we’ll have the money in place to pay for that work as well.

In the meantime, we’ve also been evaluating every single scrap of historic data we can find for all of our projects–primarily to build as comprehensive a geological and geochemical picture as we can, but also to ensure we don’t accidentally double up on work that’s already been done.

It’s fair to say that what was previously a fragmented picture of our project areas is now beginning to assume some kind of unity through our data assimilation, which includes neighbouring properties, and that we are beginning to gain a better understanding of the regional context.
Why was the picture fragmented?

The simple answer is that the terrain has hitherto been quite complicated to access, and it’s only with the recent construction of new logging roads that the opportunity has arisen to tie all the various disparate elements together.
Even so, one of our projects, Sugar Cube, remained out of reach to us this year as we concentrated on the more prospective opportunities like North Hemlo. Nevertheless, we will get onto the ground at Sugar Cube once we’ve flown an airborne magnetic survey later this year.

In the meantime, the Australian company Silver Lake Resources is currently working on ground next door to Sugar Cube, so it’s encouraging to see activity and interest in the area.

Pushing forward in Ontario post-listing