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Fulcrum Metals Secures Exclusive Technology Agreement for Canadian Gold Projects

Story Highlights
  • Fulcrum Metals signs exclusive agreement with Extrakt for reprocessing gold mine waste.
  • The agreement aims to enhance gold recovery and scale operations in Canada’s mining regions.
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Fulcrum Metals Secures Exclusive Technology Agreement for Canadian Gold Projects

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Fulcrum Metals Plc ( (GB:FMET) ) has shared an update.

Fulcrum Metals PLC has signed a Master Licence Agreement with Extrakt Process Solutions LLC for the exclusive use of Extrakt’s non-cyanide technology to reprocess legacy gold mine waste at its Kirkland Lake projects and across two prolific gold camps in Canada. This agreement, initially set for four years with the potential to extend to twelve, aims to enhance gold recovery rates and reduce leaching times, unlocking significant mineral wealth from over 70 mine waste sites. The collaboration represents a substantial opportunity for Fulcrum to scale its operations and strengthen its position in Canada’s mining industry.

More about Fulcrum Metals Plc

Fulcrum Metals PLC is an AIM-listed technology-led natural resources company focused on the recovery of precious metals from mine tailings in Canada. The company employs environmentally friendly leaching technology developed by Extrakt Process Solutions LLC. Fulcrum’s projects include the tailing sites of the former Teck-Hughes and Sylvanite gold mines in Ontario, and it holds interests in mineral exploration and development projects in Ontario and Saskatchewan.

Average Trading Volume: 600,156

Technical Sentiment Signal: Sell

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