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First Class Metals’ Sunbeam Project holds significant proof of concept for its gold potential. The project hosts the historic Sunbeam Mine, which operated from 1898-1905 and was reportedly mined at an average grade of 12.2 g/t gold. 

The Project now contains three parcels of claims, central Sunbeam area and the peripheral  ‘English Option’, and a parcel of 119 claims contiguous to the northeast. 

Critically, the historic mine has only been subject to minor modern-day exploration, with the structure hosting the deposit remaining open in all directions and at depth. 

Historic drilling included 8 diamond drill holes totaling 1,091m were completed by Nuinsco in 2021.

Two notable intersections reported by Nuinsco from the Sunbeam mine area were:

NS-21-02 – 13.8g/t Au over 0.15m (from 80.85m) within 2.83m 
of gold anomalous deformation zone.

NS-21-03 – 93.3g/t Au over 0.44m (from 99.5m) within 3.19m 
of anomalous deformation zone

SP11-12 intersected 4.01 g/t Au over 1.85m. SP11-13 intersected 1.05 g/t Au over 3.78m

Hole 57751 intersected 19.4 g/t Au over 0.63m and 15.17 g/t over 1.37m in two zones separated by 15m.

These positive results indicate both the presence of gold mineralization and the potential for expansion of the known mineralised zone. It has also been estimated that there could be 50,000-70,000t grading 13.0g/t Au remaining in the old workings from the mine.

Beyond the historical mine, the wider Sunbeam project area presents a great deal of prospectivity.

The property is traversed by at least three sub-parallel, northeast-trending, gold-mineralised lineaments secondary to the regionally extensive, sub-province bounding Quetico Fault. Collectively, these lineaments total approximately 30 kilometres of mineralized target domain and already contain a number of historical showings.

First Class Metals announced on 14 November 2023 the results from the Company's recently completed channel sampling programme from the Roy prospect which confirmed high grade gold mineralisation in the vicinity of the old workings.

Results from the samples taken from the stripping have  confirmed 

up to 18.8 g/t gold (Au) / 0.3m channel sample at Roy.
At 

 channel and grab samples returned significant gold grades, including:

Historically producing gold mine with little modern exploration

Numerous gold showings in wider project area

Stripping samples also identified, significantly, multigram values in the ‘host’ porphyry (up to 4.98 g/t Au over 0.5m) discovered in the porphyry at Roy which hosts the main mineralised structures.

The discovery of gold within the sheared and altered porphyry could add significant upside to what was thought to be predominantly a high-grade vein system hosted in mafic schist, and could add a wider envelope (10m+) of alteration (silicification and ankeritisation) and gold mineralization

As a  result, in 2024 a further detailed review of the available drilling, by Nuinsco and TerraX was undertaken with 80 samples submitted for assay.

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