IN BRIEF: First Class Metals Signs AI and data deal with Rosor Exploration

First Class Metals PLC - Ontario-focused mining company - Signs a non-binding letter of intent with Rosor Exploration to participate as an industry adopter in an artificial intelligence-enabled exploration project. The collaboration, under the CENGN Living Lab initiative, uses data from Rosor's ongoing survey of First Class Metals' Sunbeam project in Ontario to test technologies designed to accelerate geophysical data processing and geological interpretation. The 12-month project, running from October 2026 to September 2027, uses data from a drone-based magnetic, radiometric and LiDAR survey covering 54.33 square kilometres of Sunbeam's Block A. First Class Metals says the data, together with conventional processing deliverables, provides a benchmark for assessing automated processing and AI-based geological interpretation. Chief Executive Officer Marc Sale comments: "Our collaboration with Rosor is an opportunity to build on that strong foundation. By applying AI to real exploration data, we see the potential to further enhance our understanding, sharpen our targeting and accelerate informed exploration decisions."

Current stock price: up 8.7% to 2.99 pence per share on Friday afternoon in London

12-month change: up 30%

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