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The latest announcement is out from Fulcrum Metals Plc ( (GB:FMET) ).
Fulcrum Metals has reported new multi-element assay results from its Sylvanite tailings project, with 26 new surface and auger sites averaging 0.66 g/t gold, 0.71 g/t silver, 11.72 g/t tellurium and 17.1 g/t gallium, surpassing historic gold grades used in earlier resource estimates. The programme confirms continuous mineralisation from surface to up to 5 metres and identifies additional critical and technology metals such as rubidium, strontium and zirconium, supporting plans for a systematic auger drilling campaign to better define the ore body and refine recovery test work.
The company also outlined progress on pilot plant planning, with senior management set to attend PDAC in Toronto for meetings on its tailings strategy before travelling to Timmins with technology partner Extrakt and engineering partner Bechtel to review potential pilot plant sites. These steps mark a move toward commercial-scale demonstration of Fulcrum’s cyanide-free extraction technology, potentially enhancing the economic and strategic value of its Canadian tailings assets for investors and industry partners.
More about Fulcrum Metals Plc
Fulcrum Metals Plc is an AIM-listed, technology-led natural resources company focused on recovering precious and critical metals from historic mine tailings in Canada. Using cyanide-free, environmentally friendly leaching technology developed with Extrakt Process Solutions, the company targets former Teck-Hughes and Sylvanite gold mine sites in the Kirkland Lake region of Ontario.
Average Trading Volume: 789,605
Technical Sentiment Signal: Buy
Current Market Cap: £13.48M
See more data about FMET stock on TipRanks’ Stock Analysis page.