Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Metals & Minerals News

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. […]

Company Moves Metals & Minerals News

Fulcrum appoints consultants for tailings projects

Fulcrum Metals plc has appointed AP Kane & Associates Ltd as independent consultants to advance its Teck Hughes and Sylvanite gold tailings projects in Kirkland Lake, Ontario, Canada. Andrew Kane, the principal of Kane & Associates, has more than 30 years’ experience of Ontario mining industry experience and held senior roles with Ontario Ministry of […]

Metals & Minerals News

Fulcrum progresses Teck Hughes

Fulcrum Metals plc has started detailed metallurgical work to adapt and improve non-cyanide technology for optimised metal recovery at its Teck Hughes mine tailings in Kirkland Lake, Ontario, Canada. COSTS The company will use Extrakt Process Solutions LLC’s proprietary cyanide-free leaching technology to identify optimal leaching conditions via laboratory testing. The phase III work aims […]