Our Strategy
The Company has a portfolio of highly prospective assets at different stages of development but it’s strategic focus is on the reprocessing of tailings (mine waste) at its Teck-Hughes and Sylvanite gold tailings projects, located in Kirkland Lake, Ontario.
The Teck-Hughes and Sylvanite gold tailings projects are estimated to contain circa 200,000 ounces of gold, with a value in excess of US$500 million at January 2025 spot prices. To release this value, Fulcrum has partnered with Extrakt Process Solutions to use its non-toxic, cyanide free gold leaching technology that from initial unoptimised testing has delivered higher recovery rates and significantly shorter leach times than traditional cyanide based methods.
Fulcrum is also in advanced discussions with Extrakt and its associates for the exclusive use of Extrakt’s technology at legacy gold mine waste sites in Timmins and Kirkland; two of Canada’s biggest gold camps with over 110Moz of gold produced and over 70 documented legacy mine waste sites. This would position Fulcrum as a leader in sustainable gold recovery.
Alongside its tailings processing business, Fulcrum continues to advance its exploration assets in Canada including gold projects at Tully and Big Bear in Ontario, and is seeking Joint Venture (JV) partners to accelerate development and unlock further value.
Fulcrum also retains exposure to the growing uranium market, with a portfolio of assets in the Northern Athabasca Basin, Saskatchewan, currently under option to Terra Balcanica (CSE:TERA). This provides long-term exposure to the uranium market as global investment in nuclear energy accelerates.
Fulcrum Metals is committed to building a multi-commodity business with a near-term cash flow profile, exploration upside, and a sustainable approach to resource development. With an experienced board and strong industry partnerships, the company is well-positioned to generate significant shareholder value while leading the shift towards responsible mining and resource recovery.