In this interview, StockBox spoke to Ryan Mee, CEO of Fulcrum Metals, about the company’s latest advancements in reprocessing legacy mine waste in Canada.
Here are the three key takeaways:
➡️ Gold Recovery Boosted: Fulcrum improved gold recovery rates from ~59% to over 70%, now including silver, with rapid 6-hour leach times using zero-cyanide, zero-waste technology.
➡️Expanding Critical Metals Potential: Ongoing phase 3 testing is targeting additional recoverable elements like gallium and tellurium, with strong potential to turn this into a multi-commodity project.
➡️Higher Grades and Resource Estimate Incoming: Drilling results show an 8% increase in gold equivalent grade (to 0.7 g/t), setting the stage for a broad mineral resource estimate due in early 2026.
Ryan Mee, Chief Executive Officer of Fulcrum, commented:
“We are encouraged by the 8% increase in the gold equivalent grade to over 0.7g/t at the Teck Hughes tailings project, especially with gold now above US$4,900/oz. The increased grade, with the excellent Extrakt phase 3 test preliminary leaching results released in December significantly enhance the economic potential of the Teck Hughes tailings project.
Fulcrum Chairman Mitchell Smith and Andrew Kane (Principal of Kane Associates Ltd) joined me in our recent visit to Canada and the US to meet our project stakeholders and partners including Extrakt and its Alliance partners, to ensure alignment of scope through 2026.
I look forward to updating shareholders through Q1 2026 on the completion of the phase 3 test work with Extrakt, the full set of assay results for 159 auger drill holes, and the next steps to advance our tailings projects for 2026.”
