Fulcrum Metals plc has received a further 272,740 common shares from the October 2025 sale of its Tully gold project in Ontario to Loyalist Exploration Ltd. PROGRESS The company now holds a total of 78,972,740 shares in Loyalist, representing 19.9% of the current issued and outstanding Loyalist shares on a non-diluted basis. “We are pleased […]
Tag: Fulcrum Metals plc
Fulcrum completes expanded augur drilling
Fulcrum Metals plc has completed its expanded auger drill programme at the Teck-Hughes gold tailings project in Kirkland Lake, Ontario, Canada. TESTING In mid-October, the company completed an initial 94 auger drill holes with gold grades averaging 0.65 grams per ton from surface. Following expansion of the campaign on 25 November, a total of 59 […]
Fulcrum notes higher gold recovery at Teck-Hughes
Fulcrum Metals plc reported more than 70% gold and silver recovery on preliminary detailed metallurgical work at its Teck-Hughes mine tailings project at Kirkland Lake in Ontario, Canada. ASSESSMENT The phase III development work is using Extrakt Process Solutions LLC’s cyanide-free technology to recover metals from mine waste. Fulcrum said it aimed to optimise leach […]
Fulcrum secures Teck-Hughes gold tailings
Fulcrum Metals plc has paid the final instalment of CAD$275,000 to acquire outright ownership of the Teck-Hughes gold mine tailings project in Kirkland Lake, Ontario, Canada. NON-CYANIDE As per the option agreement signed in 2023, the optionors will have a 3% net smelter return royalty. Fulcrum may reduce the NSR royalty to 1.5% through a […]
Fulcrum expands issued share capital
Fulcrum Metals plc has received notice of the exercise of 2,550,000 broker warrants over new ordinary shares of one pence each in the company, at three pence per share, for £76,500. TVRs On admission, the company’s issued ordinary share capital will comprise 124,512,212 ordinary shares of one pence each, with one voting right each. […]
Fulcrum closes Tully sale to Loyalist
Fulcrum Metals plc has closed the sale of the Tully gold project in the Timmins mining district of Ontario, Canada to Loyalist Exploration Ltd. CONFIDENT Under the terms, Fulcrum has received 78.7 million common shares in Loyalist, CAD$500,000 (£266,000) cash and a 2% net smelter return royalty on the Ontario project. The company also expects […]