First Class Metals PLC - Blackburn, England-based exploratin company focused on projects in Ontario, Canada - Launches systematic exploration campaign at the Zigzag lithium project in Ontario. Says aim is to bring Noth Hemlo, Sunbeam, Zigzag to drill ready status with the intention of drilling one property. Says Esa will also be ‘drill ready’ once soil sampling results are available following an infill soil sampling program. Chief Executive Officer Marc Sale says: ‘I am pleased with the progress that First Class metals has made this field season, and despite the advance of autumn there are still two teams out on the ground. I feel we are well on track to achieve the company’s intentions. Both Sunbeam and Zigzag properties are permitted for drilling and with the support of the First Nations either of these properties or indeed North Hemlo (permit notwithstanding) are veritable maiden drill targets for FCM. Furthermore, the preliminary results from Zigzag have added significantly to our confidence in the property.’’

Current stock price: 7.85 pence, untraded on Monday

12-month change: down 45%

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