First Class Metals PLC is capitalizing on the current surge in the gold sector by ramping up exploration at the Dead Otter Trend, located at North Hemlo, Ontario. The company's CEO, Marc Sale, has secured permits for invasive exploration and is seeking an OJEP grant to accelerate their work at the site. The Dead Otter Trend, a 4.5km-long gold anomalous trend, has shown promising results, including numerous gold assays exceeding 1g/t and one peaking at 19.6g/t gold, the highest known assay ever recorded in the northern portion of the Hemlo area. The trend's prospectivity for gold is further underlined by very high pathfinder values, including molybdenum and telluride, a mineral strongly associated with gold deposits in the Hemlo area.
The company plans to conduct a program of stripping and channel sampling at the project, which will guide their follow-up exploration efforts and potentially attract significant industry attention. With the strong interest in exploration projects with promising discovery potential in stable jurisdictions like Ontario, First Class Metals PLC is optimistic about the potential commercial interest in new discoveries. The company is eager to share their progress with stakeholders in the coming weeks as they continue their exploration efforts at the Dead Otter Trend.