Announcement • Jul 07
First Class Metals Reports Final Drill Assay Results From The Roy Prospect Sunbeam First Class Metals PLC reported the final, cumulative drill results for the Roy drilling programme on the Sunbeam Property. Bonanza-grade gold confirmed in diamond drill hole (DDH) SUN26-05 by double Fire Assays (FA), validating the previously reported Photon Assay (PA) results. Gold mineralisation confirmed over approximately 300m of strike, with anomalous to potentially ore-grade gold values, remaining open along strike and at depth. Recent structural interpretation indicates the Roy Prospect forms part of the district-scale Nahanni Shear Zone (NSZ), considered comparable in geological setting to the Marmion Shear Zone (MSZ), host to the 3.3Moz Hammond Reef gold deposit. Drilling has tested approximately 300m of strike, representing around 1% of the interpreted Nahanni Shear Zone, leaving the vast majority of the prospective structural corridor untested. The Very Low Frequency (VLF) geophysical and soil survey grid from 2025 has now been extended by approximately 1.5km to the northeast along strike. Exploration work continues at the parallel Pettigrew trend, applying the structural model developed at Roy to generate drill targets. An Exploration Permit application has been submitted for winter drilling on the frozen lake adjacent to Roy. Quote has been sought for detailed airborne geophysics over the core area of the property. The results are now available for the ~1,000m drill programme at Roy on the Sunbeam property. 11 of the 12 holes intersected the targeted 'structure'. The other hole was designed as a scissor to confirm the dip of the target zone and by so doing support the drill hole orientation - the azimuth, being used. The potentially mineralised package occupying the structure extends for a strike length of 300m and remains open along strike to the northeast and southwest, as well as at depth. The Fire Assay for all the drill holes have been received, including the visible (VG) samples. Initially the three samples which were identified as containing VG were submitted for photon assay, as this method analyses the whole sample and is therefore more representative as well as being non-destructive. Subsequently the same samples along with the rest of the sampled core from holes SUN26 05 - 26 12 were analysed by fire assay, which uses only about 50g of the total sample. A second 'check' FA was also performed on each of the three VG samples, including the sample which returned the previously reported assay of 45 g/t Au by PA from hole SUN26 05. The FA results supported the PA results, in so much in hole SUN26 05 the average of all three assays (PA+FA+FA) was 40.2g/t Au. The results from hole SUN26-06 were similarly supported. The assays have confirmed several important aspects of the Roy mineralisation. The potential for high-grade intersections in the Roy structure /package, with SUN26-05 reporting 5.1m @ 4.14g/t Au from 13.9m depth, containing the VG sample with 45g/t Au. Potential for broad low-grade zones (bulk tonnage) with SUN26-05 reporting 16.95m @ 0.45g/t Au from 5m (note this is oblique to the mineralisation) and in hole SUN26-06 3m @ 0.27g/t Au from 53.3m, and in hole SUN26-01A 8.5m @ 0.45g/t Au from 43.5m and in hole SUN26-02 9.5m @ 0.49g/t Au from 16.67m and in hole SUN26-11 5.1m @ 0.67g/t Au from 8.9m; in hole SUN26-12, 5.4m @ 0.227g/t Au from 13.6m as well as 4.6m @ 0.54g/t Au from 20.6m. Hole SUN26-09, the most northerly hole also contained anomalous gold, indicating the potentially gold bearing 'package' has an open in all directions strike of >300m. Central core area of about 100m extent, containing the higher gold values identified to date, which represents a priority target for follow up drilling. Further study of the core is planned as there is additional potential for VG in the half core that was not sampled. There are 'outlier' values, for example: @32.0m in hole SUN26-06: 1.2g/t over 1.0m; @50.6m in hole SUN26-08: 1.04g/t Au over 0.7m; @57.6m in hole SUN26-10: 1.18g/t Au over 0.5m. These anomalous 'sample points' require further investigation during an overall review of the drill core and to further augment the structural controls on the mineralisation. The Roy trend has now been confirmed, through historic work and prospecting /soil sampling by EGS, over 3km of strike towards the 111ppb lake sediment sample. The recently completed, combined soil and VLF survey grid extends almost 5km from the Roy mine shaft area, to the northeast. The gold is seen in association with galena, potentially an important pathfinder. When the lead (Pb) and gold are plotted on the soil grid anomalous values indicate several 'bullseyes' along strike. The current work in the northeast is designed to prove further continuity of this model. First Class Metals PLC has approached a renowned Toronto based, international geophysics company for a quote for a detailed geophysics survey over the central area of the Sunbeam property. It is intended if accepted and executed that the interpretation will include the ground-based VLF as well as the soil data from both Roy and Pettigrew. Work on the parallel lineament that hosts the Pettigrew development continues with a combined VLF and soil survey as well as intense structural mapping of the stripped areas. The growing understanding of the structural controls to the mineralisation gleaned from the geological investigations at Roy and ongoing work around the Pettigrew shafts and pits will be collated to form the basis of a drill proposal at Pettigrew as well as recommendations for follow up drilling at Roy. An Exploration Permit has been lodged with the Ministry requesting drill holes 'on the ice' to allow step back - deeper drilling at Roy. Announcement • Jun 09
First Class Metals PLC has filed a Follow-on Equity Offering in the amount of £1 million. First Class Metals PLC has filed a Follow-on Equity Offering in the amount of £1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,315,790
Price\Range: £0.038
Transaction Features: Subsequent Direct Listing 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 
