Additional Visible Gold at Roy, Sunbeam

First Class Metals PLC ("First Class Metals", "FCM" or the "Company") the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, is pleased to report further visible gold has been identified in core from the drilling at the Roy prospect on the Sunbeam Property.

Highlights

• Visible gold ('VG') observed in two separate sections of core from a second drill hole at Roy, further confirming the presence of gold mineralisation within the targeted structure
• The planned drill programme has now been successfully completed with 12 holes drilled at Roy.
• Total meterage exceeded the 1,000m contractual minimum.
• Current drilling has confirmed the mineralised structure over a strike extent exceeding 300m.
• Detailed geological logging and sampling is ongoing with the logging of 6 holes now complete.
• Eight drill holes remain to be cut and sampled.
• Holes 1-2 have been dispatched to the laboratory in Thunder Bay for assaying.

Marc J. Sale CEO First Class Metals Commented:

"The drill programme at Roy has to date been a resounding success. I was fortunate to be on site when the first visible gold was identified. The identification of a second occurrence, in two sections of core, while we are still barely halfway through the logging and sampling is incredibly encouraging and furthers the credibility of the Sunbeam property as a whole."

Roy structure

The lineament that the Roy occurrence / development is located on is a district scale structure and has now been traced through historic work and Emerald Geological Services ("EGS") prospecting towards the 111ppb lake sediment sample some 5km northeast along strike of the mine shaft. The structure also hosts historic shafts B43 and B45, which further enhances the potential see Figure 1.

Figure 1 illustrating the soil (VLF) grid and locations of historic shafts, including Roy, drilling has focussed on the area immediately around the Roy shaft and the strike extension to the NE.

Drilling

The planned 1,000m minimum programme has been successfully completed with 12 holes drilled for a total of 1,030m, see Figure 2

Figure 2 showing the location of the locations of the 12 drill holes at Roy, note hole 26-01 was abandoned at 26m.

All holes intersected the targeted 'structure' or the potentially mineralised package which is now confirmed over a strike length exceeding 300m, see Figure 2 and 3

Figure 3 boxes of core from drill hole SUN-26-06, drilled on an azimuth of 200o, in order to test the plunge of the mineralsied structure. It shows the mineralised 'package' of altered (variously quartz veined) tonalite on the margins of deformed chloritic schist containing / alternating with quartz veins and veinlets. This hole contains two separate occurrences of VG.

The observation of further visible gold in the core in two separated locations is extremely significant, see Figure 4-8.The gold grains are scattered throughout a small area of the quartz vein and again associated with galena.

Figure 4 showing the quartz vein with the visible gold

Figure 5 showing closer view of the visible gold grains in one of the quartz veins.

Figure 6 showing visible gold grains in the quartz vein.

Figure 7 showing visible gold grains and galena in the quartz vein.

The gold is intimately associated with a lead mineral, galena, which appears a slightly metallic grey in the images.

Figure 8 showing a second occurrence of visible gold grains and galena in the quartz vein, less than a metre from the initial observation.

The EGS team will continue to diligently log and sample the remaining six holes and keep keen eyes open for further instances of VG.

Qualified Person

Glossary of Technical Terms

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FCM acquired the Zigzag Project near Armstrong, Ontario in March 2023. The property features Li-Ta-bearing pegmatites in the same belt as Green Technology Metals' Seymour Lake Project, which contains a Mineral Resource estimate of 9.9 Mt @ 1.04% Li2O. Zigzag was successfully drilled prior to Christmas 2023 and results have now been released.

The Kerrs Gold property, acquired under option by First Class Metals in April 2024, is located in northeastern Ontario within the Abitibi Greenstone Belt, one of the world's most prolific gold-producing regions. The project holds a historical inferred resource of approximately 386,000 ounces of gold, underscoring its potential as a meaningful addition to FCM's expanding gold portfolio. Kerrs Gold complements the Company's exploration strategy and provides exposure to a well-established mining district. FCM is currently reviewing plans to advance the project and further unlock its value.