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 […]
Tag: Sylvanite tailngs
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 […]
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 […]
Fulcrum increases fundraise to £863,270
Fulcrum Metals plc has increased its fundraise held earlier this month with two additional subscriptions. HOLDINGS The company raised £114,000 via a previously intended subscription by certain board members of 1,431,250 new ordinary shares at the issue price of 8 pence each. A further £130,000 was raised from certain existing shareholders on the same terms […]