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First Class Metals PLC - Lancashire, England-based minerals exploration company - Appoints Patterson Grant Watson Ltd to interpret the versatile time domain electromagnetics survey on the Esa block, which covers 20 kilometres and is situated 11 kilometres north of the Hemlo gold mine, Canada.
Company remains confident that the reinterpretation of the geophysical data will allow exploration to be more focussed along the interpreted ground trace of the shear.
‘I am delighted that we have managed to acquire the raw data to a recent modern VTEM survey which incorporates the Esa property, from a previous claim owner at zero cost to FCM. This data set has now been forwarded to Patterson Grant Watson who are a world-renown geophysical interpretation company. PGW integrates geophysical datasets with geology to provide compelling results that deliver both direct and indirect targeting,’ says Chief Executive Officer Marc Sale.
Current stock price: 9.37 pence
12-month change: down 13% since July 29
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