ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

FMET Fulcrum Metals Plc

7.50
0.00 (0.00%)
09 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Fulcrum Metals Plc FMET London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 7.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
7.50 7.50 7.50 7.50 7.50
more quote information »
Industry Sector
MINING

Fulcrum Metals FMET Dividends History

No dividends issued between 09 Dec 2014 and 09 Dec 2024

Top Dividend Posts

Top Posts
Posted at 08/5/2024 08:59 by napoleon 14th
Regarding the RNS of 7TH, Zak Mir's comment is: " FMET has not yet got the message out that the tailings project is its way of financing the company’s exploration. Hopefully, the penny will drop in the wake of updates like today’s."
Posted at 29/2/2024 13:26 by the count of monte_cristo
From Sept 18th!!



Ryan Mee, Chief Executive Office of Fulcrum Metals plc, commented:

"Exploration in the Schreiber-Pyramid area at the Big Bear property has been extremely successful confirming a gold mineralised corridor of some 3km in length, multiple drill targets and potential for strike extensions. The results have exceeded our expectations, and therefore warrants a larger drill program which we are now planning for 2024.

Meanwhile, to capitalise on our ability to drill Tully during the winter months and to optimise costs whilst accelerate the development of this quality project, we are planning to start drilling at Tully as soon as possible. The project, which is our most advanced project by far, with an initial gold resource of 107,000 ounces at potentially economic grade of over 6g/t Au, in a world class gold camp which has historically produced more than 70 million ounces of gold, is a truly exciting project to start work on.

We will be updating the market as we progress and hit key milestones towards drilling Tully."
Posted at 23/1/2024 10:44 by napoleon 14th
ZAK MIR has come a long way from a simple chart analyst some 20 years ago.
His "info@zakstraderscafe.com" has interesting write-ups and costs nowt.
This is from a week ago...

Fulcrum Metals

One company which stands out in this respect is Fulcrum Metals (FMET), a relatively recent arrival to the stock market. What the market looks to have missed out on here from a company which came to market in February last year. It was the option announced in November to acquire a 100% interest in the Teck Hughes Gold Tailings project, located in Kirkland Lake, Ontario, Canada. This is set to provide the production income to back the company’s exploration programme, especially with regard to its Saskatchewan uranium exploration assets, which were expanded by over 200% at the end of last year. Given that uranium is currently the hottest commodity around at the moment, this combination with gold, also on fire at the moment, all feeds well into FMET. One would expect a significant re-rate once the market lathes onto Fulcrum’s strong asset combo.


Zak Mir
Author
Posted at 15/1/2024 11:36 by emmetot
I have been watching this company for a while . They seem to have a very active BOD Definitely not a lifestyle company.Picked this up on the HIVE Telegram group this morning. Very informative Fulcrum Metals PLC - Research noteWebsite: https://fulcrummetals.com/Ticker: #FMETCurrent Share price: 15.5pIPO Share price: 17.5pMarket Cap: £7.7mShares in issue: 49,960,943Ownership of shares: 50.3% not in public hands ~Panther Metals owns 19.96%Ryan Mee (CEO) owns 13.81%Aidan O'Hara (Director) owns 13.76%Clive Garston (Chairman) owns 1.2%The Company's net cash balance as at 30 September 2023 was £804,026 (30 September 2022: £239,082).Description of the company ??Fulcrum Metals is a multi-commodity explorer listed on the AIM market of the London Stock Exchange with a diverse portfolio of gold, base metal, and uranium projects positioned close to mineral rich prospective areas and producing or near producing assets in Canada, a world-class mining destination.Presentation: https://fulcrummetals.com/investors/reports-presentations/Corporate and operation updates for year ending 2023:Extensive exploration programmes were conducted during the period across the Group's Schreiber-Hemloprojects, Big Bear and Jack Fish. Initial exploration results confirmed the prospectivity of the Big Bear project with notable high-grade rock sample results of 45g/t Au, 37.4g/t Au and 33.6g/t Au.• Acquisition of Carib Creek East in April 2023 has extended the Winston Lake project and the Company'sfootprint across a highly prospective mining area.• Start of field operations at Schreiber-Hemlo designed to further refine and evaluate previously identified targets.• Completion of Big Bear phase two exploration finds 3km mineralised corridor- four drill prospects have been identified with a further five prospects needing further investigation.• Acquisition of the Tully Gold project- with an established mine camp, infrastructure, and historic gold resourceof 107,000 ounces of gold, Tully has become Fulcrum's most advanced project.• Fundraising of £520,000 through the issue of unsecured convertible loan notes to fund the acquisition of the Tully Gold project.Post Period Highlights:• Fulcrum has increased its Saskatchewan uranium footprint by approximately 221% from 18,468 hectares (184.5km2) to 59,310 hectares (593.1km2)- the uranium projects now consist of the Charlot-Neely Lake, Fontaine Lake, Snowbird and South Pendleton projects.• The Company announced on 27 November 2023 that it was reviewing its options with interested parties on its Saskatchewan uranium properties. These options include, but are not limited to, the potential spin out of the uranium properties.• An option was entered into on 30 November 2023 giving Fulcrum the opportunity to acquire 100% of Teck-Hughes Gold Tailings Project in Ontario, Canada - the mine itself has historically milled 9,565,302 tons of ore and produced 3,700,007 ounces of gold.• Advanced discussions are taking place with Extrakt Process Solutions, to licence its sustainable gold leaching technology, to be used at Teck-Hughes gold tailings project. Teck-Hughes has the potential to become Fulcrum's first cash generative project.Another point id like to add, Ryan Mee & Aidan o'Hara was part of the shake up of Prospex Energy management which led the company from 2p to sub 20p. Albeit the share price now, they have made a lucrative return.
Posted at 12/1/2024 09:58 by the count of monte_cristo
The Hive CEO Interview Diary

🗓️ Coming Up:

15th January - #BRES
17th January - #EEE
22nd January - #BOOM
24th January - #GMET
29th January - #TAP
31st January - #FMET
5th February - #ANA
7th February - #COBR
12th February - #CGH
Posted at 30/11/2023 08:04 by oilbuy
Option to Acquire Teck-Hughes Gold Tailings ProjectEnters Advanced Discussions with Extrakt to Licence its Sustainable Gold Leaching TechnologyFulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada , is pleased to announce that its wholly owned subsidiary Fulcrum Metals (Canada) Ltd ("FMCL") has entered into an option agreement ("the Mining Option Agreement") to acquire a 100% interest in the Teck Hughes Gold Tailings project ("Teck-Hughes"), located in Kirkland Lake, Ontario, Canada.In addition, the Company also announces that, in parallel with the Mining Option Agreement, it is in advanced discussions with Extrakt Process Solutions ("Extrakt"), regarding the licensing of its proprietary technology. Extrakt is a sustainable technology company using separation technology to extract metals from tailings without the use of cyanide.
Posted at 02/11/2023 13:09 by oilbuy
CountYou should join FMET telegram group. Nice group & new stuff posted
Posted at 12/5/2023 10:09 by omsima
Exploration Update

Fulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada, is pleased to provide a detailed update on its exploration activities in both Ontario and Saskatchewan.

Work undertaken to date by the Company is in line with the Company's strategy to accelerate exploration across its projects to improve the understanding of these highly prospective assets with the view to increasing shareholder value.

Significant progress has been made in the last three months since the Company's admission to trading on the AIM market of the London Stock Exchange on 14 February 2023 and the next programme steps are at an advanced planning stage as outlined below:

Schreiber-Hemlo Project, Ontario



· Initial focus is on the Big Bear property, aimed at advancing the project to drilling stage in Q3 2023.

· Commencing later this month, a second phase of geological mapping and sampling is planned to further refine the multiple targets identified, building on the very positive results of the first prospecting phase and the recent structural study which identified 42 priority exploration targets across the wider Schreiber-Hemlo project.

· Gold mineralisation occurs in quartz-carbonate veins hosted in mafic volcanic rocks (up to 45g/t Au in grab samples) and within sulphide bearing banded iron formation ("BIF") (up to 3.62g/t Au) which has the potential for thicker and more laterally extensive mineralisation.

· The Company contracted an airborne magnetic and electromagnetic ("EM") survey covering 683 line kms, which has now been completed, and when combined to existing airborne data provides complete coverage of the entire Big Bear property. The final results and analysis are expected early Q3 2023. An earlier airborne survey shows a number of anomalies that suggest quite widespread BIF occurrence.

· Following on from the phase 2 mapping/sampling programme and the further airborne surveying, targets will be ranked for initial diamond drill evaluation and testing.



Tocheri Lake, Ontario



· High-quality airborne magnetic and Transient Electromagnetic Method ("TDEM") surveys covering 232 line kms has now been completed with full results expected in early Q3 2023. This approach has been successful in generating exploration targets and resulted in high-grade nickel sulphide discoveries in the adjoining Tyco project held by Palladium One Mining Inc.



Winston Lake, Ontario



· This project has recently been expanded through the acquisition of 42 additional mining claims covering a sedimentary-volcanic contact zone reportedly exhibiting similar alteration to the historic Winston Lake base/precious metal deposit which was reported to be the highest-grade Zinc mine in North America.

· Historic sampling results from Fulcrum's new claims are reported to include grab samples of up to 1.35% and 0.97% copper and anomalous copper in soils of up to 1,100ppm over an area of 2 square kilometres.



Charlot - Neely Lake and Fontaine Lake Projects, Saskatchewan



· The Company has engaged a remote sensing specialist, Dr Neil Pendock, to undertake a detailed hyperspectral data analysis over the Fulcrum properties, focussed particularly on uranium and rare earth element targets, utilising Sentinel-2 satellite data.

· The analysis highlighted several consistent trends which may represent spectral fingerprints for uranium and rare earth elements. These data will be supplemented with the historic technical reports and government and provincial databases in refining exploration targets for 2023.



Ryan Mee, Chief Executive Office of Fulcrum Metals plc, commented:

"Since listing, Fulcrum has made solid and important progress at the significantly sized Schreiber-Hemlo Project covering approximately 113 square kilometres, in which the Big Bear property is demonstrating all the required characteristics such as high-grade gold in surface samples, favourable geology, favourable structures and potential regional scale shear zones that control the mineralisation, which are all desirable for economic mineral deposits. It is an exciting time as we move forward with plans to drill at the Schreiber - Hemlo project this year."

"The phase two mapping and sampling program at Big Bear will commence later this month as we finalise drill target selection and orientation. This will be followed by groundworks across the Ontario portfolio of projects. The groundworks in Saskatchewan will commence following the hyperspectral data review and incorporation of the historical data."

"Fulcrum has initiated a concerted effort across the portfolio and will sustain a continued exploration programme through the adoption of all the exploration tools at its disposal as we set about identifying and developing the significant potential of its assets through commercialisation and discovery.

I look forward to reporting on the exploration programmes and initiatives in the coming weeks and months."
Posted at 02/3/2023 14:44 by omsima
Amazing first RNS / waiting for partnerships and deals to come through


2 March 2023

Fulcrum Metals plc

("Fulcrum" or the "Company" or the "Group")

Schreiber-Hemlo Project - Update

High grade gold samples and next steps

Fulcrum Metals plc (LON: FMET), the Canadian focused multi-commodity explorer, is pleased to provide an update and results of a prospecting programme carried out at the Big Bear property, part of the wider Schreiber-Hemlo project area covering approximately 113km2, undertaken during the months of June 2022 and September 2022. The programme was undertaken by Bayside Geoscience, the Group's third-party exploration contractor.
Highlights
· Programme centred around the Schreiber area covering 5 historic mineral occurrences and gold workings (Figure 1 below)

· A total of 45 rock samples were collected for assay, with results confirming prospectivity, including high-grade gold results:

o Best values included 45g/t Au, 37.4g/t Au and 33.6g/t Au

o 5 samples out of the 45 collected produced grades in excess of 10g/t Au and 9 samples in excess of 1g/t Au (Figures 2 and 3 below)

· Successful detailed mapping of important shear zones with the potential for the discovery and development of an economic mineral deposit

· Initial structural observations between the Cook Lake and Pyramid Schreiber showings, and earlier soil sampling results from Panther Metals plc, have identified a potential regional-scale shear zone passing through this area on a single mineralised structural system. (Figure 4 below)

· Based on the geological and structural setting of the property, it may have potential to host a large, structurally controlled, stratabound-style banded iron formation (BIF) gold prospect similar to the Musselwhite deposit (McNicoll et al., 2016), in addition to an Archean greenstone, orogenic-style lode gold prospect, extending past the bounds of known historical mineral occurrences.
Ryan Mee, Chief Executive Officer of Fulcrum Metals, commented:
"I am delighted to report on the successful exploration programme at the Big Bear property within our Schreiber - Hemlo project and our first announcement since listing on AIM last month. The sampling programme has returned exceptional gold assays of up to 45 g/t and several in excess of 10 g/t which really outlines the excellent prospectivity of just one target area among many.
"The detailed mapping suggests a much larger mineralised structure than acknowledged previously and displays the historical and structural characteristics of being an excellent candidate for a large stratabound deposit or a high-grade lode gold deposit.
"We have a progressive exploration programme across our projects in addition to drilling planned at Big Bear in 2023 and I look forward to updating the market on our progress in due course."

Your Recent History

Delayed Upgrade Clock