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Zigzag lithium-high grade channel samples
Zigzag lithium-high grade channel samples.
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\n28th November 2023\nZigzag lithium-high grade channel samples\n \nFirst Class Metals PLC (\"First Class Metals\" \"FCM\" or the \"Company\") the UK listed metals exploration company seeking economic metal discoveries across its extensive Canadian Schreiber-Hemlo, Sunbeam and Zigzag land holdings is pleased to announce a further, significant, update on the progress on the Zigzag property which is currently focussed on the lithium and tantalum potential.\n \nHighlights:\n \n· Channel 7 2.36% lithium (Li2O) over 5.5m\nincluding 2.5m at 3.44% Li2O.\n \n· Channel sample results identify a >1% Li2O zone on the western portion of the 'core' 400m zone. Significant number of channel samples return more than >1% Li2O.\n \n· Prospecting identifies mineralisation in a subparallel zone, assays pending.\n \nMarc J. Sale First Class Metals CEO commented:\n\"The results from the channel samples have vindicated our enthusiasm to advance the potential of this property. The tenure of the spodumene and therefore the lithium reporting in the central sector of the property gives increased confidence in the prospectivity over the strike extensions. We are eagerly advancing the planning for drilling now the funds have been secured.\"\n \n\nFigure 1 showing the Zigzag property with the recent sampling, both grabs and channels, focussing on the central portion of the claim block.\n \nThe channel sampling was based on the visually encouraging results from the prospecting and associated grab samples.\nThe complete table of the grab samples was reported in a previous news release, however the 10 best 'grabs' are reproduced...