Fulcrum Metals plc has secured five long-term surface rights over 270 acres around the Teck Hughes gold mine tailings recovery project in Ontario, Canada. STRATEGY The deal gives the company access to land and flexibility for “exploration activities, environmental studies, infrastructure planning and future development work”. Fulcrum said that the move was a “positive step […]
Tag: Fulcrum Metals plc
Fulcrum secures £6m for tailings projects
Fulcrum Metals plc has secured £6 million funding with institutional investor YA II PN Ltd to advance its Teck-Hughes and Sylvanite gold mine tailings projects in Ontario, Canada. PILOT PLANT The financing comprises a combination of equity and convertible debt funding as well as an at-the-market subscription facility, arranged with Fulcrum’s broker Clear Capital Markets […]
Fulcrum appoints independent NED
Fulcrum Metals plc has appointed Natasha Dixon as an independent non-executive director, with immediate effect. Ms Dixon’s experience in capital markets includes supporting the listing, financing and growth of public and private companies, mainly in Canada. She was a member of the start-up and launch team at the Canadian Securities Exchange, where she held a […]
Fulcrum reveals more metals at Teck-Hughes
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 […]
Fulcrum raises £550,000
Fulcrum Metals plc has raised gross £550,000 through a direct subscription with a new single investor, for five million new ordinary shares of one pence each, at 11 pence per share. TVRs The issue price is a premium of approximately 4.8% to the closing mid-market price of the company’s ordinary shares on 6 March 2026. […]
Fulcrum begins pilot plant study for tailings projects
Fulcrum Metals plc has started a commissioned pilot plant scoping study, with Test Design Implement Solutions LLC, to improve work at its Teck Hughes and Sylvanite gold tailings projects in Kirkland Lake, Ontario. DE-RISK TDI will be assisted by Extrakt Process Solutions LLC and Bechtel Energy Technologies & Solutions, Inc. The move follows assessment of phase III […]