First Class Metals PLC provided an update on geochemical results from soil sampling on the Esa property. Total of 478 soil samples were collected from 11 predominantly subparallel, north - south soil lines in 2022. An intermittent 4km anomalous zone has been identified corresponding to the surface expression of the inferred shear.

Multiple 10-95 ppb gold (Au) and key pathfinder elements including molybdenum (Mo), antimony (Sb) and arsenic (As). Anomalous trends identified by the soil sampling as well as the background magnetics highlighting NE structures intersecting the shear, including: Hemlo look alike angular boulder identified, which reported 0.7ppm Au which is considered significant. Esa Property The Esa property consists of 86 claims, covers ~20.6km2, and is located approximately 11km northeast from the Barrick Hemlo gold mine, immediately south of FCM's North Hemlo property.

The property is transected by an inferred arcuate structure interpreted as a shear zone that runs roughly west to east in the central portion of the block. This structure is one of three similar structures located in the North Hemlo Limb, two of which also transect the North Hemlo block (and Magical). The district setting of the Esa property showing the Hemlo gold mine and particularly the arcuate subparallel inferred shears to the north.

The property sits between the Cedar Lake Pluton and the Musher Lake Pluton: intrusions are considered important components driving mineral rich fluids, and economic mineralisation is often found associated with the contacts or structures associated with the intrusive event. There is a second subparallel potentially mineralised W-E trend in the southern section. Importantly there are a number of N-S and NW-SE structures identified which Paterson Grant Watson (PGW) stated are often associated with mineralisation.