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Assay values of up to 1.62g/t Au at Teck Hughes
Fulcrum Metals plc reported assay values from the Teck Hughes tailings project, with 94 augur drill holes returning gold from surface, averaging 0.65g/t. Approximately 33% of the drill holes reported in excess of 0.7g/t gold. The best hole averaged 1.02g/t gold over 4.75 metres, and the best intersection was 1.62 g/t gold over 0.8 metres. The deepest hole measured at 12.4 metres. These results will support a Mineral Resource Estimate, a 43-101 technical report, and a Preliminary Feasibility Study level economic assessment. Additional drilling is planned to delineate the bottom of the tailings and sample deeper holes. Disclaimer*
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) (\"UK MAR\").\n \nFulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining\n \n \n15 October 2025\n \n \nFulcrum Metals plc\n(\"Fulcrum\" or the \"Company\" or the \"Group\")\n \nFulcrum reports assay values of up to 1.62g/t Au at the Teck Hughes tailings project\n \nFulcrum Metals plc (AIM:FMET), a company pioneering the use of innovative cyanide free technology to recover precious and critical metals from mine waste, is pleased to provide an interim update on the progress of the augur drill program underway at the Company's highly prospective Teck Hughes tailings project in Kirkland Lake, Ontario. \n \nPhoton gold assays have been returned for 94 augur drill holes reporting gold from surface from the already mined tailings with gold intersections of up to 1.62g/t. The samples are now at Actlab for comparative Gold Fire Assay and ICP-MS Ultratrace 4 multi-element assay which includes silver, gallium and tellurium. Additional augur drill holes are planned to assist with delineation of the bottom floor of the tailings and for sampling of deeper drill holes over 6 metres.\n \nThe systematic augur drilling campaign is running in parallel with the Phase 3 metallurgical optimisation test work with Extrakt Process Solutions LLC (\"Extrakt\") to support a Mineral Resource Estimate (\"MRE\"), 43-101 technical report and the Phase 4 Preliminary Feasibility Study (\"PFS\") level economic assessment.\n \nGold Highlights\n \n· 94 holes have been drilled with samples averaging 0.65g/t gold from surface\n· 33% of the drill holes reporting in excess of 0.7g/t gold\n· Best hole averages 1.02g/t gold over 4.75 metres\n· Best intersection 1.62 g/t gold over 0.8 metres\n· Deepest hole measured at 12.4 metres\n· Results indicate higher grade Southwest area\n· 0.65g/t gold average to date may not be indicative of final resource grade as this includes holes designed to test for boundary contact of the tailings\n· Additional depth test holes a...