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An update from Fulcrum Metals Plc ( (GB:FMET) ) is now available.
Fulcrum Metals PLC has announced preliminary results from its phase 3 metallurgical work at the Teck-Hughes mine tailings project, achieving over 70% recovery rates for gold and silver using cyanide-free technology. The results, which include a significant increase in gold recovery, are part of ongoing efforts to optimize the recovery process and will contribute to a Mineral Resource Estimate and a preliminary feasibility study, potentially increasing the project’s net present value.
More about Fulcrum Metals Plc
Fulcrum Metals PLC is an AIM-listed technology-led natural resources company focused on recovering precious metals from mine tailings in Canada using environmentally friendly leaching technology developed by Extrakt Process Solutions LLC. The company’s projects are located at the former Teck-Hughes and Sylvanite gold mines in Ontario, and it holds an exclusive Master Licence Agreement for cyanide-free technology in Canada’s Timmins and Kirkland Lake mining districts.
Average Trading Volume: 472,284
Technical Sentiment Signal: Hold
Current Market Cap: £8.4M
For a thorough assessment of FMET stock, go to TipRanks’ Stock Analysis page.