Ryan discussed the high gold recovery rates from Tech Hughes’ initial samples, achieving nearly 60%, which significantly surpasses typical results for refractory gold.
The Sylvanite Gold tailings project has begun its sampling phase, with samples being sent to the same testing facility. Ryan expressed optimism about replicating or improving upon the success from Tech Hughes, anticipating even higher recovery rates.
Ryan explained the multi-phase approach to project development, including initial sampling, conceptual studies, and optimization of leeching tests. He emphasized the company’s status as a “first mover” in employing new extraction technologies and its strategic partnerships, particularly with Extract.
The video features Ryan Mee, CEO of Fulcrum Metals, discussing recent developments in their gold tailings projects in Ontario. Key points include:
- High Gold Recovery Rates: Initial samples from Tech Hughes showed a nearly 60% gold recovery rate, which is exceptionally high compared to the typical sub-40% for refractory gold.
- Sampling Program: Fulcrum Metals has begun sampling at the Sylvanite Gold tailings project, sending samples to the same facility that tested Tech Hughes’ samples. Ryan is optimistic about achieving similar or better results.
- Project Phases: The project is following a multi-phase approach:
- Phase 1: Initial sampling and metallurgical testing.
- Phase 2: Conceptual studies to design the flow sheet and plant.
- Phase 3: Larger sampling.
- Phase 4: Final conceptual studies aiming at pre-feasibility level.
- First Mover Advantage: Fulcrum Metals is the first to employ new extraction technologies in Canada, collaborating with Extract. They aim to advance quickly through the project phases to capitalize on their early mover advantage.
- Optimization and Licensing: The company is working on optimizing leech tests and discussing early-stage licensing agreements with Extract, aiming to expedite the process.
Overall, the video emphasizes Fulcrum Metals’ progress and strategy in developing their gold tailings projects, focusing on high recovery rates, strategic partnerships, and a phased development approach.
