First Class Metals PLC announced that Palladium One continues to intersect potentially economic Ni-Cu mineralisation in and around the West Pickle Lake ("WPL") Joint Venture area. In the West Pickle Lake area, chonolith /feeder dyke structures now extend over more than five kilometres of strike length. Drilling along the eastern margin of the West Pickle Zone targeted bore hole electromagnetic anomalies ("BHEM") returned 1.8% Ni and 1.0% Cu over 1.5 meters in hole TK23-134.

A new nickel zone has been identified with intercepts returning up to 0.4% Ni and 0.2% Cu over 2.7 meters including 1.0% Ni and 0.4% Cu over 0.9 meters in hole TK23 -128 in an area with soil anomalies as high as 0.15% Ni, 0.27% Cu and 86 parts per billion ("ppb") Pd + Pt. Of significance are holes TK23-134, on the eastern extent of the WPL JV area and hole TK23-128, to the north-west of WPL and close to the 100% owned North Hemlo block of FCM.