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Sylvanite Gold Tailings

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Kirkland Lake Tailings

Teck-Hughes Gold Tailings Project

Non-core

Inter

Fulcrum Metals plc

A limited sampling campaign by Fulcrum across 26 new sample sites, targeting previously unsampled and infill areas, produced average grades from surface of 0.66g/t gold, 0.71g/t silver, 11.72g/t tellurium and 17.1g/t gallium.

Other notable average grades demonstrate the potential for critical and technology metals including 115g/t rubidium, 637g/t strontium and 144.5g/t zirconium.

Initial bench batch testing with Extrakt’s non-cyanide leach technology produced significant results with gold recovery of 49% in leach times as little as 3 hours. This demonstrated an exceptional increase in gold recovery and reduction in leach times compared to previous traditional cyanide based leaching recoveries of 30% over 48 hours.

3km from Teck Hughes with the potential to incorporate a central processing hub

The Sylvanite Gold tailings project is the mine waste from the fifth largest producing mine in the Kirkland Lake gold camp.

A 1986 report filed on the property that is not compliant to 43-101 standards, estimated 4.14 million tonnes of mine waste grading 0.47g/t gold containing 67,051 ounces.

An augur drilling program in 2008 completed 20 holes averaging 0.54g/t gold.

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