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IN BRIEF: First Class Metals shares surge as reports more visible gold

ALN

First Class Metals PLC - Ontario, Canada-focused gold and critical metals explorer - Announces further visible gold has been identified in core from drilling at the Roy prospect on the Sunbeam Property in Ontario. The company says current drilling confirms the mineralised structure over a strike extent exceeding 300 metres. Chief Executive Officer Marc Sale says: ‘The drill programme at Roy has to date been a resounding success. I was fortunate to be on site when the first visible gold was identified. The identification of a second occurrence, in two sections of core, while we are still barely halfway through the logging and sampling is incredibly encouraging and furthers the credibility of the Sunbeam property as a whole.’

Current stock price: 1.60 pence each, up 28% on Tuesday afternoon in London

12-month change: up 12%

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