First Class Metals PLC (LSE:FCM) has expanded its Sunbeam Property in Ontario, Canada, through an option agreement covering two additional claim blocks. The acquisition increases the overall landholding to more than 90 km².
Strategically located between Agnico Eagle’s Hammond Reef deposit and other regional assets, the enlarged property strengthens the company’s presence in a highly prospective gold district. First Class Metals intends to advance exploration through ongoing surveys and a cost-conscious growth strategy, with the goal of enhancing both its operational potential and industry standing.
About First Class Metals PLC
First Class Metals PLC is a UK-listed exploration company focused on discovering and developing economic metal deposits. Its activities are centered in Ontario, Canada, with a particular emphasis on gold exploration in the Hemlo camp near Marathon—an area renowned for significant gold resources.
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