Fulcrum Metals plc returned several metals, including “critical and technology” minerals, from auger drilling at the Teck-Hughes gold tailings project in Kirkland Lake, Ontario.
PRODUCTION
Results from the expanded programme for 159 holes revealed average grades from surface of 0.63 grams per tonne gold, 0.70g/t silver, 12.86g/t tellurium and 17.12g/t gallium
A “growing suite” of “critical and technology minerals” included 106.40g/t rubidium, 841.73g/t strontium and 134.28g/t zirconium, which is expected to “strengthen the commercial value of the project”.
The company said that consistent lateral and vertical grade distributions from surface, with maximum thickness of 12.4 metres, “should support stable processing operations”.
Fulcrum noted that rubidium is used in advanced electronics, energy storage and emerging technologies; strontium in aerospace alloys, electronics and industrial applications; and zirconium in nuclear energy, “green” technologies and advanced materials.
The company also continues to progress the pilot plant scoping study.
“These results, alongside the excellent Phase 3 recovery test work announced in February, will help guide further recovery testing and resource work and support progression towards a maiden mineral resource estimate,” added chief executive officer Ryan Mee.
“The pilot plant scoping study is progressing well, following visits to assess potential site locations in Timmins alongside Extrakt [Process Solutions LLC] and Bechtel (Energy Technologies & Solutions Inc].
“The pilot plant is a key milestone as we move the Teck Hughes and Sylvanite tailings projects towards production.”