Business
Unaudited interim results
Unaudited interim results.
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended. With the publication of this announcement, this information is now considered to be in the public domain.\n \nFulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining\n \n \n28 December 2023\nFulcrum Metals plc\n(\"Fulcrum\" or \"the Company\")\n \nUnaudited interim results for the six month period ended 30 September 2023\n \nFulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada, announces its unaudited consolidated interim results for the six month period ended 30 September 2023.\n \nCorporate and Operational Highlights:\n \n· Extensive exploration programmes were conducted during the period across the Group's Schreiber-Hemlo projects, Big Bear and Jack Fish. Initial exploration results confirmed the prospectivity of the Big Bear project with notable high-grade rock sample results of 45g/t Au, 37.4g/t Au and 33.6g/t Au.\n· Acquisition of Carib Creek East in April 2023 has extended the Winston Lake project and the Company's footprint across a highly prospective mining area.\n· Start of field operations at Schreiber-Hemlo designed to further refine and evaluate previously identified targets.\n· Completion of Big Bear phase two exploration finds 3km mineralised corridor- four drill prospects have been identified with a further five prospects needing further investigation.\n· Acquisition of the Tully Gold project- with an established mine camp, infrastructure, and historic gold resource of 107,000 ounces of gold, Tully has become Fulcrum's most advanced project.\n· Fundraising of £520,000 through the issue of unsecured convertible loan notes to fund the acquisition of the Tully Gold project.\n \nPost Period Highlights:\n· Fulcrum has increased its Saskatchewan uranium footprint by approximately 221% from 18,468 hectares (184.5km2) to 59,310 hectares (593.1km2)- the uranium...