Fulcrum Metals plc has increased gold recoveries by up to an “exceptional” 63% for phase I at the Sylvanite gold tailings project in Kirkland Lake, Ontario. POTENTIAL A significant reduction in leach times of up to 94% was also recorded. The company is testing Extrakt Process Solutions LLC’s processing non-toxic technology through a four-phase programme. The […]
Tag: Sylvanite tailngs
Fulcrum issues 240,000 shares for fees
Fulcrum Metals plc issued 240,000 ordinary shares of 1 pence each in the company to a service provider in lieu of cash payment. Following admission, the company’s issued share capital will consist of 61,825,943 ordinary shares with voting rights. Fulcrum holds no ordinary shares in treasury. The company is advancing two tailings processing projects, Teck-Hughes and Sylvanite, in […]
Fulcrum increases fundraise to £863,270
Fulcrum Metals plc has increased its fundraise held earlier this month with two additional subscriptions. HOLDINGS The company raised £114,000 via a previously intended subscription by certain board members of 1,431,250 new ordinary shares at the issue price of 8 pence each. A further £130,000 was raised from certain existing shareholders on the same terms […]
Fulcrum raises £643,500 via subscription
Fulcrum Metals plc has raised £643,500 via a 45% discounted conditional subscription of 8,043,750 new ordinary shares of 1 pence, at a price of 8 pence per share, by certain existing shareholders. DIRECTORS The company’s directors will later this month raise an additional £114,500, comprising a £89,769 subscription and conversion of outstanding salaries totalling £24,731 into […]
Fulcrum signs Sylvanite gold tailings option
Fulcrum Metals plc has signed an option to purchase the gold tailings project at the former producing Sylvanite mine in Ontario. RETURNS The acquisition lies 3km from the company’s Tech-Hughes gold tailings project, acquired in November 2023. Between 1927 and 1961 Sylvanite milled 4.58 million tonnes of ore and produced 1.67m oz. Fulcrum investor Panther […]