First Class Metals - Ontario Jnr. Exploration Programme-Grant Approval
Summary
First Class Metals PLC is pleased to announce the approval of a $200,000 CAD grant from the Ontario Junior Exploration Programme for work completed on the Zigzag lithium and critical metals property in NW Ontario. This grant covers up to 50% of exploration expenditures from April 2023 to February 2024. Through OJEP, the Ontario Government invests in early exploration to support junior companies in finding future mines. FCM is grateful for this non-dilutive funding and is the only UK company to receive this grant. The CEO expressed gratitude for the approval and highlighted the successful exploration work done in 2023. For more details, feel free to reach out to James Knowles or Marc J Sale at their respective email addresses or contact numbers. This grant underscores FCM's commitment to exploration and potential discoveries. The company holds ownership of multiple claim blocks in Ontario and is actively exploring for gold, base metals, and rare earth elements. The potential of FCM's properties lies in their proximity to known deposits, enhancing the prospect of successful exploration. Investors are advised to consider the forward-looking statements contained in this announcement. We welcome any questions or clarifications you may have regarding our latest developments.
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