Fulcrum Metals PLC has provided an exploration update regarding its progress in the last three months

Fulcrum is a Canada-based company focussed on mineral exploration and development company, holding a beneficial 100% interest in hold and base metal projects in Ontario and Uranium projects in Saskatchewan.

Fulcrum said a second phase of geological mapping and sampling is planned at the Schreiber-Hemlo project in Ontario to refine the multiple targets identified, building on the first prospecting phase which identified 42 priority exploration targets.

At the Charlot-Neely Lake and Fontaine Lake Projects in Saskatchewan, Fulcrum has engaged remote sensing specialist Neil Pendock to undertake a hyperspectral data analysis of Fulcrum projects, focussing on uranium and rare earth element targets.

‘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.’ said Chief Executive Officer Ryan Mee.

‘I look forward to reporting on the exploration programmes and initiatives in the coming weeks and months.’

Shares in Fulcrum last traded at 17.50 pence each in London on Wednesday morning. They were quoted at 17.25p on Thursday afternoon.

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