Our Project Portfolio
North West Ontario
First Class Metals Canada Inc is focused in NW Ontario and commands a large land package in the Hemlo Mining Camp and NW Ontario with excellent nearology and vectors from neighbours.
Controls 9 claim blocks with over 230km² and holds 100% ownership of 7 claim blocks covering over 175km²
North Hemlo property contains significant gold occurrences as well as drillproven nickel-copper sulphides of significant grades Esa and McKellar blocks contain compelling geological (geochemical) targets
Signed Option to Purchase agreement on the historic Sunbeam gold mine
Signed Earn in / JV agreement on the hard rock Zigzag lithium prospect
The Hemlo ‘camp’ is a proven world class address for gold /VMS exploration
This geological terrane has significant producing mines, both base / precious metals and a prolific number of exploration projects and prospector’s ‘showings’.
It is forecast that 2022 expenditures will rise to C$3.7B – an increase of about 3%
New figures from Natural Resources Canada (NRC) are tipping the recent exploration surge in the country to continue.
Notably, apart from the 23M oz Hemlo deposit, the belt’s discovered gold endowment is uncharacteristically low. In other Archean terranes, such as the Siguiri of West Africa, a greenstone belt hosting a >10M oz deposit would host several additional >1Moz deposits.
FCM completed a significant exploration programme across all its claims in the 2022 field season. Preparations are now well underway for the 2023 Field Season advancing the positive results so far generated, three exploration team will be on the ground in May.
Northwest Ontario showing the locations of the FCM properties with Sunbeam in the West through to Zigzag and then the Schreiber-Hemlo Properties in the East.