Fulcrum Metals plc has extended the binding letter of intent to no later than 30 September 2025 for the sale of its 458-acre Tully gold project in Timmins, Ontario. PAYMENT The extension provides potential buyer with Loyalist Exploration Ltd more time to complete its CA$1,500,000 fundraise. The new deadline will also result in a further […]
Tag: Fulcrum Metals plc
Panther-Fulcrum mull deal over Winston tailings
Panther Metals plc will assess the commercial potential of its recently acquired option of Winston tailings in Ontario with its former investee focused on gold tailings recovery, Fulcrum Metals Ltd. CASHFLOW The project comprises the two deposits of Pick Lake and Winston Lake, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Panther […]
Fulcrum agrees deal with AAN over gold tailings
Fulcrum Metals plc has signed a formal “collaborative working agreement” with Apitipi Anicinapek Nation (AAN) relating to the Teck Hughes and Sylvanite tailings projects in Kirkland Lake, Ontario. LEGACY The agreement also lays the foundation for future agreements on “shared benefits and opportunities” from the projects. Fulcrum said that the two parties had held “extensive” […]
Fulcrum directors raise £140,000
Fulcrum Metals plc has raised £140,000 from a directors’ subscription of 2.8 million new ordinary shares at the issue price of five pence. TAILINGS On 23 May chief executive officer Ryan Mee subscribed for 2.3m shares for £115,000 and now has 9,973,910 ordinary shares, equivalent to 15.43% of the enlarged share capital. Chief financial officer […]
Fulcrum secures non-cyanide leaching licence
Fulcrum Metals plc has secured exclusive non-cyanide technology licensing to recover metals from its tailings projects in Kirkland Lake and the Timmins and Kirkland Lake mining regions in Ontario, Canada. POTENTIAL The company signed a four-year master licence agreement (MLA) to use Extrakt Process Solutions LLC’s proprietary technology to develop gold mine waste at the […]
Fulcrum identifies gallium in tailings
Fulcrum Metals plc has identified gallium in assays at its Teck-Hughes and Sylvanite gold tailings projects located in the Kirkland Lake area of Ontario, Canada. VALUE The company said that the presence of gallium, which adds to the tellurium reported in November 2024, could “significantly” increase the value of the two projects. Results showed […]