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Fulcrum Lithium Ltd. ( (AU:FUL) ) just unveiled an update.
Fulcrum Lithium Ltd. has announced significant findings from its Phase 2 drilling campaign at the Alkali Flats project, revealing substantial lithium mineralisation over a 9 km2 area. The results, which include high-grade mineralisation zones, support the company’s geological model and transition the project from exploration to appraisal phase. This discovery enhances Fulcrum’s confidence in progressing towards a maiden resource statement and has led to the renewal of maintenance fees for 512 lode claims, indicating a strong potential for future development.
More about Fulcrum Lithium Ltd.
Fulcrum Lithium Ltd. operates in the lithium mining industry, focusing on the exploration and development of lithium resources. Its primary project, Alkali Flats, is located in Esmeralda County, Nevada, USA, near other significant lithium projects and the only operating lithium mine in the USA.
Average Trading Volume: 288,800
Technical Sentiment Signal: Strong Sell
For detailed information about FUL stock, go to TipRanks’ Stock Analysis page.