First Class Metals

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Canada Nov 2025

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First Class Metals PLC (LSE: FCM) confirms that, as detailed in the recent RNS announcement, drilling has now officially commenced at the North Hemlo Property in Ontario, Canada. This marks a significant advancement in the company’s exploration strategy within one of the most prospective regions for gold and critical minerals in the Hemlo belt.

Supported by the recently secured convertible loan note, the programme includes a minimum of 700 metres of NQ diamond core drilling. The first drill pads have been established along the highly prospective Dead Otter Trend, beginning in the “19 grammer” area. Additional collar locations along the structure have been prioritised to expand geological understanding and test multiple target zones.

Interpretation of the ongoing Very Low Frequency (VLF) geophysical survey continues to refine drill targeting. Early modelling is expected to highlight further structural and geochemical anomalies to support continued exploration along this emerging mineralised corridor.

This drilling campaign represents an important step in unlocking the potential of North Hemlo, a key asset within First Class Metals’ Ontario exploration portfolio. Investors are encouraged to follow updates as drilling progresses and as assay results become available.

Full details are available in the accompanying RNS, and further information can be found on the company’s website.

First Class Metals PLC has officially commenced drilling at the North Hemlo property in Ontario, Canada. The recent convertible loan note has enabled drilling to begin, with a minimum of 700m NQ diamond core drilling contracted. The Dead Otter trend is the priority target, with drilling starting in the '19 grammer' area and additional locations planned. Interpretation of the VLF survey data is ongoing and expected to provide significant exploration targets.<br/><br/>CEO Marc J. Sale is excited about the exploration stage and potential enhancements for the company. Investors are encouraged to watch the onsite video update for further information. The company's extensive exploration properties in Ontario have significant potential for precious, base, and battery metals. For more information, please refer to our website or contact our team for any queries or further details.<br/><br/>Investors are welcome to reach out with any questions or for additional information. Keep an eye on our progress as drilling continues and results are obtained. Thank you for your continued support and interest in First Class Metals PLC.