Accelerated Exploration at 3.7km Gold Trend in North Hemlo
First Class Metals has upgraded the Dead Otter Trend within its North Hemlo property in Ontario, Canada, to a high-priority target following a detailed technical review that identified a discontinuous 3.7-kilometer-long gold trend.
CEO Mark Sale emphasized the decision to proceed with diamond drilling to confirm and extend the identified gold trend, transitioning from initial stripping and sampling efforts. The upcoming field program, expected to take about four weeks, will focus on additional stripping, channel sampling, and planning drill locations, with results anticipated for review by October.
Marc J. Sale CEO First Class Metals Commented:
“The continued exploration work on the Dead Otter trend is potentially transformational insomuch that positive results have the ability to catapult the structure along the Dead Otter Trend into ‘new discovery’ status.
The North Hemlo property and its gold endowment forms the spearhead of our current exploration campaign.
Sawn channels, the work we are proposing, are comparable to horizontal drill holes and can be utilised in resource calculations. The work is exciting as it could significantly elevate the importance of this substantial gold bearing structure which is now one of the high-profile targets within the Company’s portfolio of strategic exploration interests.”
FCM believes that the Dead Otter trend represents one of the most exciting recent discoveries in the Hemlo area. Not only is there a robust structure that has had little systematic exploration historically, but the work also completed to date by FCM continues to increase its potential. Whilst the coarse gold is an issue for evaluation, the basic scenario of a gold bearing structure of several kilometres strike extent is valid. Furthermore, it has never been drilled. The stripping currently underway and channel sampling to follow has the focus to define drill targets / coordinates as well and confirming the validity of the Dead Otter system.
