Fulcrum Metals PLC, a mining company focused on mineral exploration and development in Canada, has announced the successful passing of all resolutions at its Annual General Meeting (AGM). The company also confirmed the resignation of Clive Garston as a director and Chairman, with Alan Mooney appointed as Interim Non-Executive Chairman while the recruitment process for a new Non-Executive Chair is finalized. The Board is in the process of finalizing the appointment of a proposed replacement Non-Executive Chair, subject to due diligence.
The resolutions put to shareholders at the AGM were all passed, with 100% of votes in favor and none against. The company's website and contact information for further details were provided in the announcement.
Fulcrum Metals PLC is an AIM quoted exploration and development company focused on Canada, aiming to create an environmentally friendly and sustainable tailings and mine waste business. The company has acquired two gold tailings projects in Ontario and is working on delivering a licensing framework in Ontario with technology and alliance partners. Additionally, Fulcrum has two drill-ready gold projects in Ontario, with high-grade gold samples and the potential to host large gold prospects.
The Teck-Hughes and Sylvanite gold tailings projects, located in the Kirkland Lake gold camp, Ontario, have non-compliant estimates of 138,460 ounces of gold and 67,051 ounces of gold respectively, totaling 205,511 ounces, subject to verification by Fulcrum. The company is also working on growth stage gold projects in Ontario, including the Big Bear and Jackfish Schreiber - Hemlo properties, which have shown high-grade gold in rock samples and historical grades, as well as the Tully property, which hosts a NI 43-101 compliant resource of 107,000 ounces of gold.
Fulcrum Metals PLC aims to drive mining change through combining low discovery risk assets and jurisdictions with transformative technology capable of near-term cash flow, while capitalizing on a portfolio of highly prospective exploration assets.