Fulcrum Lithium Expands Nevada Footprint as Testwork and Permits Advance Key Projects

An update from Fulcrum Lithium Ltd. ( (AU:FUL) ) is now available.

Fulcrum Lithium’s December quarter was marked by significant progression at its Nevada assets, with the Alkali Flats claim position expanded by 281 additional claims to cover 66 square kilometres and geophysical work enlarging the defined lithium claystone target to 42 square kilometres. The company also initiated metallurgical testwork at Alkali Flats that delivered initial lithium recoveries of up to 91%, secured regulatory approval from the US Bureau of Land Management for a Phase 3 drill program of more than 30 holes, and formally staked and filed its new Dry Canyon project after high-grade surface assays of up to 1,219 ppm lithium, while noting a roughly 165% rise in lithium carbonate prices over the past seven months and granting project success-based performance rights to its chief operating officer, underscoring both operational momentum and improved market conditions for its exploration portfolio.

More about Fulcrum Lithium Ltd.

Fulcrum Lithium Ltd. is an ASX-listed lithium exploration company focused on claystone and other lithium deposits in Nevada, United States. Its primary assets are the 100%-owned Alkali Flats and Dry Canyon lithium projects, strategically located near established and emerging lithium operations and mining infrastructure, targeting the growing battery and electric vehicle materials market.

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Technical Sentiment Signal: Strong Buy

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