Fulcrum Metals is on its second day of operations at the Tech Hughes property in Kirkland Lake. The team and subcontractors are setting up logistics to move the project toward defining a resource.
The initial estimate of 6 million tons of tailings has been revised upwards to 9 million tons. The team is already discovering additional tailings through on-site drilling.
Ryan highlighted that operations are advancing well with logistical setup and exciting upside discoveries. Collaborations with technology partners are progressing, and resource definition work is on track for completion in early 2025.
Ryan Mee, Chief Executive Office of Fulcrum, commented:
“There are strong workstreams now underway at our tailings projects which are designed to build on the exciting initial leaching results already achieved at Teck-Hughes with Extrakt’s non-toxic technology and how the gold is extracted. The leaching test work results of 59.4% gold recovery far exceeded past cyanide-based leaching tests at Sylvanite of c.30% so we are excited to move into test work at Sylvanite and on to the conceptual study at Teck Hughes. In addition to this, we are moving forward with work directed towards resource definition including additional auger hole sampling and geophysical surveys at Teck Hughes. These are all important objectives as part of Fulcrum’s ambition to become a leader in the sustainable reprocessing of tailings through the adoption of disruptive technology and approaches.
“Our site visits and meetings in October are an important step as we look to build momentum on the development of the tailing projects in Kirkland Lake and I look forward to providing further updates as Fulcrum moves to accelerate the development of its tailings projects and the wider tailings opportunity in Ontario.”
