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First Class Metals PLC (LON: FCM) is a minerals exploration company listed on the main market of the London Stock Exchange. First Class Metals are focused on proving and developing the significant potential of their flagship property North Hemlo as well as systematic exploration of the Esa, Sugar Cube, McKellar, Magical, Enable and Coco East Block , in total 176km² in the Hemlo – Harte gold mines region in the Western portion of the Wawa-Abitibi Gold Belt of Ontario, Canada Geologically the claim blocks are located within the Schreiber-Hemlo Greenstone Belt with target minerals gold, silver, base and battery metals in typical Archaean / Hemlo style mineralised settings.

First Class Metals

First Class Metals begin field work for 2024 exploration season

First Class Metals begin field work for 2024 exploration season

First Class Metals PLC (FCM), have announced that field work for the 2024 season is now underway. The UK-listed metals exploration company is focused on economic metal discoveries in northern Ontario, Canada. Sunbeam property FCM is reviewing and sampling historic...

First Class Metals announce asset sale to fund further exploration

First Class Metals announce asset sale to fund further exploration

First Class Metals PLC (LSE:FCM) has successfully sold its McKellar and Enable properties to Seventy Ninth Group Limited ("79th Group") for a combined £270,000. Alongside this sale, FCM has secured a 12-month loan of £230,000 from the 79th Group. This sale is a part...

Gold continues to defy the trend

Gold continues to defy the trend

Gold prices have been soaring in 2024, reaching all-time highs in May breaking US$2400/t. This surge is notable because it's happening despite a strong U.S. dollar performance and rising equity markets, which usually have an inverse relationship with gold. This is...