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The latest update is out from Fulcrum Metals Plc ( (GB:FMET) ).
Fulcrum Metals PLC has announced site visits to its Teck Hughes and Sylvanite tailings projects in Kirkland Lake, Ontario, to advance these projects towards production. The visits aim to assess ongoing work, expedite permitting, and explore synergies between the projects, with a focus on integrating experienced industry professionals like Andrew Kane. The company is conducting an auger drill program to support a Mineral Resource Estimate for Teck Hughes, with promising assay results already obtained. Additionally, Phase 3 testing of cyanide-free leach technology is underway to optimize resource recovery, with results expected by December 2025. These developments are part of Fulcrum’s strategy to establish a regional tailing processing hub and enhance its industry positioning.
More about Fulcrum Metals Plc
Fulcrum Metals PLC is an AIM-listed company focused on the recovery of precious metals from mine tailings in Canada using environmentally friendly cyanide-free leaching technology. The company’s projects are located in the Kirkland Lake region in Ontario, specifically at the former Teck-Hughes and Sylvanite gold mines. Fulcrum has exclusive rights to use this technology in the Timmins and Kirkland Lake mining districts, positioning itself as a potential significant, environmentally friendly gold producer.
Average Trading Volume: 554,354
Technical Sentiment Signal: Hold
Current Market Cap: £8.87M
For an in-depth examination of FMET stock, go to TipRanks’ Overview page.