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 […]
Tag: Fulcrum Metals plc
Fulcrum to sell Tully gold project
Fulcrum Metals plc has signed a binding letter of intent to sell its 458-hectare Tully gold project in the Timmins mining district, Ontario. EXPOSURE Canadian purchaser Loyalist Exploration Ltd will pay CA$500,000 cash and issue 89,255,000 common shares to Fulcrum on completion of the transaction, representing 19.9% of its issued enlarged share capital. Fulcrum will […]
Panther sells remaining shares in Fulcrum
Panther Metals plc has sold its remaining 7,625,122 ordinary shares, each of nominal value of one pence, in Fulcrum Metals plc for £266,879.27, net of fees and expenses. The sale on 7 April 2025 was at a price of 3.5 pence per ordinary share and is equal to 12.33% of Fulcrum’s issued share capital. Panther […]
Fulcrum appoints Mitchell Smith as chairman
Fulcrum Metals plc has appointed non-executive director Mitchell Smith as independent non-executive chairman. His predecessor acting as interim, Alan Mooney, resumes his original 2023 role of independent non-executive director. “I would also like to take this opportunity to thank Alan for taking on the role of interim chairman, and I am delighted that he has […]
Fulcrum increases gold recoveries at Sylvanite
Fulcrum Metals plc has increased gold recoveries by up to an “exceptional” 63% for phase I at the Sylvanite gold tailings project in Kirkland Lake, Ontario. POTENTIAL A significant reduction in leach times of up to 94% was also recorded. The company is testing Extrakt Process Solutions LLC’s processing non-toxic technology through a four-phase programme. The […]
Fulcrum issues 240,000 shares for fees
Fulcrum Metals plc issued 240,000 ordinary shares of 1 pence each in the company to a service provider in lieu of cash payment. Following admission, the company’s issued share capital will consist of 61,825,943 ordinary shares with voting rights. Fulcrum holds no ordinary shares in treasury. The company is advancing two tailings processing projects, Teck-Hughes and Sylvanite, in […]