Business
Progress Update on Drilling at North Hemlo
First Class Metals PLC has successfully completed its maiden drilling program at the North Hemlo property, completing ten diamond drill holes over approximately three kilometers of the Dead Otter trend. Over three hundred core samples have been dispatched for assay, with an additional one hundred currently in transit, and drilling exceeded the planned contractual minimum of seven hundred meters. Multiple visually prospective zones with deformation, veining, and sulphide mineralization consistent with the company's exploration model were identified in every drill hole, providing a strong geological foundation for future exploration. Disclaimer*
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 \n\nFIRST CLASS METALS PLC\n \n23 December 2025\nProgress Update on Drilling at the North Hemlo Property\n \nFirst Class Metals PLC (\"First Class Metals\", \"FCM\" or the \"Company\") the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, is pleased to announce the successful completion of the maiden drilling programme on the North Hemlo property.\n \nHighlights\n \n· Maiden drilling programme successfully completed on the North Hemlo Property, confirming the Company's ability to operate efficiently across a large, structurally complex gold trend.\n· Ten diamond drill holes completed over ~3km of strike along the Dead Otter trend, testing multiple priority targets.\n· Five target areas each defined by previously reported high-grade grab samples, stripping results and/or soil geochemical anomalies.\n· Over three hundred core samples dispatched for assay to date, including approximately one hundred additional samples currently in transit, providing a substantial dataset from this initial scout programme.\n· Drilling exceeded the planned contractual minimum of seven hundred metres, reflecting both operational efficiency and the geological encouragement encountered during the programme.\n· Core logging and sampling ongoing and is anticipated to be completed prior to the Christmas break.\n· Multiple visually prospective zones identified and sampled in every drill hole, with repeated intersections displaying deformation, veining and sulphide mineralisation consistent with the Company's primary exploration model.\n· Several logged intersections exhibit visually encouraging geological features, c...