Fulcrum Metals Plc is a Canadian-focused exploration company listed on the AIM market of the London Stock Exchange. The company is dedicated to mineral exploration and development, with a broad portfolio of gold, base metal, and uranium projects. Operating primarily in Ontario and Saskatchewan, Fulcrum Metals aims to leverage advanced technologies and strategic partnerships to execute its projects efficiently.
Leadership Team
Fulcrum Metals' CEO, Ryan Mee, has been leading the company since October 2022 and holds 11.79% of the company’s shares. The management team, characterized by their collective industry experience and strategic insight, boasts an average tenure of 2.2 years. This team has actively overseen the repositioning of Fulcrum from a pure exploration company to one that focuses on advanced drill-ready projects and low-risk exploration initiatives, demonstrating their ability to adapt and steer the company toward growth.
Recent Changes
Recent updates include the appointment of Jason Brewer as Strategic Adviser to the Board of Directors and the stepping down of Clive Garston as Independent Non-Executive Chairman. These changes are part of strategic realignments aimed at optimizing management effectiveness and strategic direction.
Teck-Hughes Gold Tailings Project
Located in the prolific Timmins-Porcupine Gold Belt, the Teck-Hughes Gold Tailings Project has demonstrated promising results in recent testing with an average weighted gold grade of 0.717g/t and a gold recovery rate of up to 59.4%6. The project leverages Extrakt’s non-toxic leach technology to enhance gold recovery rates significantly.
Sylvanite Tailings Project
Also located in Ontario, the Sylvanite Tailings Project focuses on gold recovery from historical mine tailings. Like Teck-Hughes, this project utilizes advanced leaching technology to increase efficiency and reduce environmental impact.
Other Projects
Fulcrum Metals holds several other exploration assets, including the Schreiber-Hemlo Project in Ontario, which comprises the Big Bear and Jackfish Lake projects8. It also has early-stage exploration projects like the Dog Lake Project and Tocheri Lake Project.
2023 Financial Performance
Fulcrum Metals experienced a challenging year in 2023 with net assets amounting to £942,307. The company held £96,985 in cash or short-term deposits and reported a loss of £198,1929. Despite these challenges, Fulcrum successfully raised £3 million at its IPO in February 2023, signalling strong investor confidence in its strategic direction.
Key Financial Indicators
Fulcrum Metals is dedicated to identifying, acquiring, and developing mineral resources within historically significant and underexplored regions8. The company's primary goal is to unlock value from legacy mine sites and new exploration targets by utilizing advanced technologies and strong partnerships. This approach aims to deliver long-term shareholder value through sustainable and efficient mining practices.
Fulcrum Metals Plc is well-positioned to capitalize on its diverse project portfolio and advanced recovery technologies4. Despite financial challenges, the strategic vision and strong management team provide a solid foundation for future growth and value creation. Their projects, particularly in Ontario and Saskatchewan, continue to show promising potential, offering significant opportunities for development and profitability.
By leveraging cutting-edge technologies and maintaining a focus on sustainability, Fulcrum Metals aims to set new standards in mineral exploration and development, underscoring its commitment to operational excellence and innovation.
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With over 20 years of experience in the film industry as both a producer and actor, Robynne Eaton brings her keen eye and storytelling expertise to Mine$tockers. She'll investigate the history surrounding ESG (Environmental, Social, and Governance) practices and help tell the story of the mining world through her unique perspective.
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Former Bay Street trader, Kevin Dwyer, has transitioned from his role as an over-the-counter stock trader in the resource sector to a private investor and adventurer. He now visits mining properties to gain firsthand insights.
The Mine$tockers believe in making informed investment decisions in the mining industry. They carefully evaluate established and up-and-coming mining stocks, interact with local communities and base their trades on their findings.
With a wealth of experience in the great outdoors, Kevin has traveled to diverse destinations, from the northern wilderness to the southern deserts. He is an avid sportsman, hiker, and adventurer.

MineStocker Bali loves to get details of lunch firsthand.
Bali will examine the local food highlights while checking out local canine!
Who are the people on-site, in the mine office as well as in town? Meet them with Bali, see them from her eyes.
Bali has traveled to many fantastic and exciting places for lunch and will lead the way!
