First Class Metals’ Sunbeam Project holds significant proof of concept for its gold potential. The project hosts the historic Sunbeam Mine, which operated from 1898-1905 and was reportedly mined at an average grade of 12.2 g/t gold.

Critically, the historic mine has only been subject to minor modern-day exploration, with the structure hosting the deposit remaining open in all directions and at depth. 

In 2021, Nuinsco conducted a drilling campaign, completing eight diamond drill holes covering a total distance of 1,091m. The primary focus of its work was to test for strike and dip extensions to the deformed rock formation known to host gold mineralization at the historic Sunbeam Mine.

During the drilling campaign, several significant results highlighted the potential for gold mineralization within the explored area. These included:

• NS-21-01: Intersection of 3.98g/t Au over 0.6m (from 96.0m) within a 3.39m gold anomalous deformation zone.

• NS-21-02: Intersection of 13.8g/t Au over 0.15m (from 80.85m) within a 2.83m gold anomalous deformation zone.

• NS-21-03: Intersection of 93.3g/t Au over 0.44m (from 99.5m) within a 3.19m anomalous deformation zone.

• NS-21-05: Intersection of 2.94g/t Au over 0.5m (from 118.5m) within a 7.50m anomalous deformation zone.

These positive results indicate both the presence of gold mineralization and the potential for expansion of the known mineralized zone. It has also been estimated that there could be 50,000-70,000t grading 13.0g/t Au remaining in the old workings from the mine.

Beyond the historical mine, the wider Sunbeam project area presents a great deal of prospectivity.

The property is traversed by at least three sub-parallel, northeast-trending, gold-mineralized lineaments secondary to the regionally extensive, sub-province bounding Quetico Fault. Collectively, these lineaments total approximately 30 kilometres of mineralized target domain and already contain a number of historical showings.