Business
Commencement of Field Operations
Commencement of Field Operations.
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n\n25 May 2023\n \nFulcrum Metals plc\n(\"Fulcrum\" or the \"Company\" or the \"Group\")\n \nCommencement of Field Operations at the Schreiber-Hemlo project, Ontario, Canada\nFulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada, is pleased to provide an update on its exploration activities at its Schreiber-Hemlo project in Ontario. \n· The second phase of geological mapping and sampling has commenced in the Schreiber area of the Big Bear property, part of the wider Schreiber-Hemlo project.\n· The groundworks are designed to further refine the multiple targets identified, building on:\n \no the very promising results of the first prospecting phase (announced by the Company on 2 March 2023 and 23 March 2023) which returned up to 45g/t Au in quartz carbonate vein grab samples;\no the 3.63g/t Au in sulphide bearing banded iron formation (\"BIF\") with potential for significant strike extent; and\no the recent structural study which identified 42 priority exploration targets across the wider Schreiber-Hemlo project.\n \n· The objective of this program is to enable the ranking of the drill targets for drill evaluation and testing which is planned for late Q3 2023.\n \nRyan Mee, Chief Executive Office of Fulcrum Metals plc, commented:\n\"This is an exciting phase of work as we progress towards drilling later this year which builds on the positive work completed at Big Bear so far. I look forward to updating the market in due course not only on this phase of work but also as we commence groundworks across the exciting portfolio of assets held by the company.\"\n \n-Ends-\n \nFor further information please visit https://fulcrummetals.com/ or contact:\n\n\n\nFulcrum Metals PLC\n\n\n\n\n\n\n\nRyan Mee (Chief Executive Officer)\n\n\nVia St Brides Partners Limited\n\n\n\n\n\n\n\n\n\n\n\n\nAllenby Capital Limited (Nominated adviser)\n\n\n\n\n\n\n\nNick Athanas / George Payne\n\n\nTel: +44 (0) 203 328 5656\n\n\n\n\n\n\n\n\n\n\n\n\nClear Capital Markets Limited (Broker)\n\n\n\n\n\n\n\nBob Roberts\n\n\nTel: +44 (0) 203 869 6081\n\n\n\n\n\n\n\n\n\n\n\n\nSt Brides Partners Ltd (Financial PR)\n\n\n\n\n\n\n\nAna Ribeiro / Paul Dulieu\n\n\nTel: +44 (0) 20 7236 1177\n\n\n\n \n \n...