When did First Class Metals PLC announce the Roy drilling results, and what period do they cover?

First Class Metals PLC announced the results on 7 July 2026. They cover the results from the ~1,000m Roy drill programme, including drill holes SUN26-05 through SUN26-12 and the wider Roy programme results described in the announcement.

What did First Class Metals PLC report from drill hole SUN26-05 at Roy?

First Class Metals PLC reported that SUN26-05 returned 5.1m @ 4.14g/t Au from 13.9m depth, containing a visible gold sample that returned 45g/t Au by Photon Assay. The company also reported 16.95m @ 0.45g/t Au from 5m in the same hole, noting that this intersection is oblique to the mineralisation.

How did First Class Metals PLC verify the visible gold result from SUN26-05?

First Class Metals PLC said the visible gold sample from SUN26-05 was analysed by Photon Assay and then checked using two Fire Assays. The average of all three assays was 40.2g/t Au, while the previously reported Photon Assay result was 45g/t Au.

How many Roy drill holes intersected the targeted structure according to First Class Metals PLC?

First Class Metals PLC said 11 of the 12 holes intersected the targeted structure. The remaining hole was designed as a scissor hole to confirm the dip of the target zone and support the drill-hole orientation being used.

What other gold intersections did First Class Metals PLC report from the Roy drilling?

First Class Metals PLC reported 3m @ 0.27g/t Au from 53.3m in SUN26-06, 8.5m @ 0.45g/t Au from 43.5m in SUN26-01A, 9.5m @ 0.49g/t Au from 16.67m in SUN26-02 and 5.1m @ 0.67g/t Au from 8.9m in SUN26-11. It also reported 5.4m @ 0.227g/t Au from 13.6m and 4.6m @ 0.54g/t Au from 20.6m in SUN26-12.

What does First Class Metals PLC say about the scale and geological setting of the Roy mineralisation?

First Class Metals PLC said the potentially mineralised package at Roy extends over a strike length of 300m and remains open to the northeast, southwest and at depth. The company’s recent structural interpretation places the Roy, Pettigrew and Sunbeam trends within the district-scale Nahanni Shear Zone, which it says can be compared with the Marmion Shear Zone hosting the 3.3Moz Hammond Reef gold deposit; the company also states that there can be no assurance the Nahanni Shear Zone hosts a deposit of similar scale.

How much of the interpreted Nahanni Shear Zone has First Class Metals PLC tested?

First Class Metals PLC said the completed drilling tested approximately 1% of the interpreted Nahanni Shear Zone. The company said the drilling therefore covered only a small proportion of the interpreted structural corridor, with the vast majority remaining untested.

What exploration work is First Class Metals PLC carrying out around Roy and Pettigrew?

First Class Metals PLC said the 2025 Very Low Frequency and soil survey grid had been extended by approximately 1.5km to the northeast along strike, while work continued on the parallel Pettigrew trend using Very Low Frequency surveying, soil sampling and structural mapping. The company said the information from Roy and Pettigrew would be collated to support a drill proposal at Pettigrew and recommendations for follow-up drilling at Roy.

Has First Class Metals PLC applied for permission to drill Roy during winter?

First Class Metals PLC said an Exploration Permit application had been lodged with the Ministry for drill holes on the ice, allowing step-back and deeper drilling at Roy. The announcement does not state that the permit has been granted.

What airborne geophysics work is First Class Metals PLC considering at Sunbeam?

First Class Metals PLC said it had approached a Toronto-based international geophysics company for a quote for detailed geophysics over the central area of the Sunbeam property. The company said that, if accepted and executed, the interpretation would include the ground-based Very Low Frequency and soil data from Roy and Pettigrew.

What does First Class Metals PLC do and where do its shares trade?

First Class Metals PLC is a UK listed company focused on discovering economic metal deposits across exploration properties in Ontario, Canada, and it focuses on gold while also exploring for base metals and critical metals. The company listed on the LSE in July 2022 and refers to itself as FCM in the announcement.

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First Class Metals reports final Roy drill assays from Sunbeam property

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First Class Metals PLC

LSE:FCM
OTC:FCMXF

First Class Metals reports final Roy drill assays from Sunbeam property

Published Tuesday, 07 July 2026, 06:00 AM

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Plain English summaries when First Class Metals PLC announces news.

At a glance

Company: First Class Metals PLC
Listings: LSE:FCM, OTC:FCMXF
Announcement type: Exploration results
Published: Tuesday, 07 July 2026, 06:00 AM
Source announcement: investegate.co.uk

Key figures
Measure	Figure
Average of all three assays (PA+FA+FA)	40.2g/t Au
High-grade intersections in the Roy structure / package	5.1m @ 4.14g/t Au from 13.9m depth
VG sample	45g/t Au
Potentially mineralised package	300m
Holes intersecting the targeted 'structure'	11 of the 12 holes
Broad low-grade zones (bulk tonnage)	16.95m @ 0.45g/t Au from 5m

Figures are quoted from this announcement and selected automatically.

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

First Class Metals PLC (FCM) reported final cumulative drill assay results from the Roy prospect on its Sunbeam Property.

The July 7, 2026 announcement covers an approximately 1,000m program with 12 holes; 11 intersected the targeted structure.
SUN26-05 returned 5.1m @ 4.14g/t Au from 13.9m, including a visible-gold sample that previously returned 45g/t Au by Photon Assay.
The company reported a 40.2g/t Au average for three SUN26-05 assays and said Fire Assays supported the earlier Photon Assay result.
Other intersections included 16.95m @ 0.45g/t Au from 5m in SUN26-05 and 9.5m @ 0.49g/t Au from 16.67m in SUN26-02.
The package remains open along strike to the northeast and southwest and at depth; drilling tested approximately 1% of the interpreted Nahanni Shear Zone.
The company interprets Roy, Pettigrew and Sunbeam as part of the Nahanni Shear Zone; it said no deposit similar in scale to Hammond Reef is assured.

An Exploration Permit application was submitted to the Ministry for winter drilling on the frozen lake adjacent to Roy. FCM intends detailed airborne geophysics if the quote is accepted and executed. The VLF-soil grid extended approximately 1.5km northeast.

Investor FAQs

First Class Metals PLC announced the final, cumulative drill results from the Roy drilling programme on the Sunbeam Property. The company reported that gold mineralisation had been confirmed over approximately 300m of strike and remained open along strike and at depth.

Source announcement

Company: First Class Metals PLC
Title: Drill assay results from the Roy prospect, Sunbeam
Published: Tuesday, 07 July 2026, 06:00 AM
Source site: investegate.co.uk

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