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Operation Update on Ontario Exploration
Operation Update on Ontario Exploration.
About this update from First Class Metals Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \nFIRST CLASS METALS PLC\n8th June 2023\nOperations Update on Ontario Exploration\n \nFirst Class Metals PLC (\"First Class Metals\" \"FCM\" or the \"Company\") the UK metals exploration company focused on the discovery of economic metal deposits across its extensive Canadian - northwest Ontario, land holding is pleased to provide an update on exploration activities.\n \nHighlights\n \n· Zigzag Lithium-Initial reconnaissance trip with the property completely under the cover of snow returns grades of Lithium (Li) up to 1.00% and Tantalum (Ta) up to 198 ppm.\n· McKellar REE Diatreme-Channel sampling of diatreme verifies historical findings and further evidenced Rare Earth Element (REE) system.\n· Esa-Extensive soil sampling campaign to build on the successful 2022 program completed with 539 samples now awaiting assay results.\n· Sunbeam-Historic data and core reviews completed alongside extensive prospecting, sampling, and mapping program which includes rediscovery of a 3m wide quartz vein on the Pettigrew Trend.\n· North Hemlo-Exploration at North Hemlo initiated focused on the Dead Otter trend.\n \nMarc J. Sale CEO First Class Metals Commented:\n\"FCM remains focussed on bringing four of our key properties to drill ready status this field season. It is our stated intent, permits notwithstanding, of drilling at least one of these properties this season. The 2023 field season has started well and with the support of EGS[1] I feel we are currently on track to accomplishing this objective\".\n \nZigzag Lithium\nThe 6 claim Zigzag claim block is situated in a developing, prolific lithium endowered pegmatite belt, 60km northeast of Armstrong, Ontario. During a winter reconnaissance of the Zigzag property...