Drilling preparation commenced at Roy on the Sunbeam Property
First Class Metals PLC (LON: FCM) the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, is pleased to provide an update on preparations for the forthcoming drill programme at the Roy structure on the Sunbeam Property. Drill mobilisation has now been completed.
Highlights
· 1,000m drill contract with provision for additional 500m signed with Forage PL (“Forage”) drilling
· Drill preparation commenced on the Roy structure at the Sunbeam property
· First four drill collars have been marked.
· Drill rig and supporting equipment on site
· Drilling will focus on the Roy area of the Sunbeam property
· Drilling will seek to prove depth continuity in the area of and along strike of the 18.8g/t gold (Au) channel sample from the stripping
· Emerald Geological Services (“EGS”) will supervise drill preparation, the day-to-day drilling as well as core logging and sampling
Marc J. Sale CEO First Class Metals Commented:
“The mobilisation of the drill rig to Roy and the anticipation of drilling starting this weekend marks an important step forward in advancing the Sunbeam Property. Forage has recently completed a programme in the district and brings both local experience and a strong operational reputation.
The rapid progression from planning to mobilisation at Sunbeam demonstrates that FCM is a company focused on delivery. Having recently completed drilling at North Hemlo and now positioning to commence at Sunbeam, we are advancing our exploration strategy in a disciplined and systematic manner.
The Roy trend represents a robust mineralised structure of district scale in a geological environment know to host significant resources.”
Figure 1 showing the stripped area at Roy which returned 18.8g/t Au and will be the focus of the drilling.
ENDS
Qualified Person
The technical disclosures contained in this announcement have been drafted in line with the Canadian Institute of Mining, Metallurgy and Petroleum standards and guidelines and approved by Marc J. Sale, who has more than 30 years in the gold exploration industry and is considered a Qualified Person owing to his status as a Fellow of the Australian Institute of Mining and Metallurgy.
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For further information, please contact:
James Knowles, Executive Chair
Email: JamesK@Firstclassmetalsplc.com
Tel: 07488 362641
Marc J Sale, CEO
Email: MarcS@Firstclassmetalsplc.com
Tel: 07711 093532
