Announcement • May 08
First Class Metals PLC, Annual General Meeting, Jun 03, 2026 First Class Metals PLC, Annual General Meeting, Jun 03, 2026. Location: manor court offices, manor court, salesbury hall road, ribchester, preston, pr3 3xr, United Kingdom Announcement • Apr 25
First Class Metals plc Reports Initial Drill Results for Holes 1-4 and Provisionals for Holes 5 and 6 from the Drilling At the Roy Prospect on the Sunbeam Property First Class Metals PLC reported initial drill results for holes 1-4 and provisionals for holes 5 and 6 from the drilling at the Roy prospect on the Sunbeam Property, highlighting the presence of a high-grade mineralising system. Provisional Fires Assay (FA) results have been received for holes SUN-26-01 to 04, while provisional Photon assay results confirm high-grade gold in holes SUN-26-05 and 06, including the standout bonanza intercept. These results demonstrate that the Roy lineament is a gold-bearing structure, validating the Company’s geological model, with drilling confirming geological continuity over more than 250m of strike, supporting strong potential for scale along the structure. Logging has been completed and drill hole interpretation has commenced. A Very Low Frequency (VLF) survey has identified multiple additional conductive targets along strike at Roy, with plans to extend the VLF survey to the northeast to test further strike extensions and unlock additional potential. A VLF survey is also scheduled to commence at Pettigrew in early May, targeting a parallel mineralised structure, while additional assay results are pending and will be reported as they are received. The lineament that the Roy occurrence /development is located on is a district scale structure. It has now been traced through historic work and prospecting by Emerald Geological Services ("EGS") towards the 111ppb lake sediment sample, some 5km northeast along strike of the Roy mine shaft. The structure also hosts historic shafts B43 and B45. The recent VLF interpretation shows multiple conductors sub parallel to the Roy trend, which further enhances the potential. The Fire Assay for the first four drill holes have been received. The initial hole which attempted to twin the historic drill hole (SP-11-12 4g/t Au over 1.85m) contained ~2m @1.3g/t Au; the second hole contained 1.1m @ 2.3g/t. Holes three and four both contained a metre at roughly 0.5g/t Au. The photon assay results have also been received for the three sections of core with reported VG. Hole 06 (second reported dual occurrence of VG) contained two consecutive samples giving 0.6m @ 2.2g/t Au. Significantly hole 05 which contained the initial report of VG, returned 0.3m @ 45g/t gold which would equate to almost 5 ounces of gold over one metre, 150g/m (gram metres). The fire assays for holes 05 and 06 are still to be received, given the coarse nature of the gold and the different quite distinctive assay methods some discrepancy with the photon assays are expected. Initial plots of the anomalous gold assay result confirm the continuity of the mineralised package over >150m. All 12 holes intersected the targeted 'structure' or the potentially mineralised package which is now confirmed over a strike length exceeding 300m, and remains open along strike to the northeast and southwest. The initial 4 drill hole results, all contain anomalous to +2g/t Au and are considered encouraging. Even more so give the bonanza value in the photon assay of almost one and a half ounces in hole 05. The strike extent of the drilling covers ~300m but the soil sampling (and in part VLF) grid extends over 1,500m to the northwest. A highly anomalous lake sediment sample collect in 2023 containing 111ppb Au is a further 1,500m along strike from the end of the soil grid. There is also a string of grab samples along strike to the southwest with a +1ppm samples 5 km along strike. All these factors continue to build up the expectation of a +10km mineralised structure. The Roy lineament is one of three structures on the Sunbeam property with proven gold occurrences. The initial results from the LiDAR study have shown the Roy lineament is a very robust structure. It is intended to extend the VLF grid to cover the northern soil survey area and potentially. Provisionally both could be extended further to the northeast. The visible gold is seen in association with galena, potentially an important pathfinder. The lead (Pb) and gold when plotted on the soil grid indicate several 'bullseyes' along strike where highly anomalous Au and Pb assay results are recorded. Work is ongoing integrating the VLF, LiDAR and geochemistry with the local geology and structure. As the weather is steadily improving in northwest Ontario, the 'thaw' heralds the start of the field season. Work will continue at Roy as described above and it is intended to undertake work on the parallel lineament that hosts the Pettigrew development. Historic drilling by TerraX produced 19.4 g/t Au over 0.63m and 15.17 g/t over 1.37m in two zones separated by 15m in hole 57751. Channel and grab samples from FCM exploration have returned significant gold grades, including:13.0 g/t Au grab sample from quartz rubble dug up beside the stripped outcrop. 3.5 g/t Au in a channel over 0.2m in a quartz vein (with galena and chalcopyrite); 1.82 g/t Au in a channel over 0.75m in sheared porphyry. The growing understanding of the structural controls to the mineralisation gleamed from the ongoing work at Roy will be used to explore the area immediately around the Pettigrew shafts and pits as this zone is all-weather accessible. Announcement • Mar 26
First Class Metals PLC has completed a Follow-on Equity Offering in the amount of £0.4 million. First Class Metals PLC has completed a Follow-on Equity Offering in the amount of £0.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,315,789
Price\Range: £0.0152 
