RCS - Fulcrum Metals PLC - Agreement with Apitipi Anicinapek Nation

Fulcrum MetalsAnnouncement

12/06/2025 07:00

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RNS Number : 5578M  Fulcrum Metals PLC  12 June 2025

Fulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining

 

*Reach - non-regulatory announcement

 

12 June 2025

 

 

Fulcrum Metals plc

("Fulcrum" or the "Company" or the "Group")

 

Agreement with Apitipi Anicinapek Nation on Kirkland Lake Projects

 

Fulcrum Metals plc (AIM: FMET), a technology led company focused on the
recovery of precious metals from mine tailings in Canada, is pleased to
announce the signing of a collaborative working agreement (the "Agreement")
with Apitipi Anicinapek Nation ("AAN") with respect to the Company's Teck
Hughes and Sylvanite tailings projects (the "Projects") in Kirkland Lake,
Ontario.

 

This Agreement formalises the collaboration between Fulcrum and AAN during the
onsite evaluation phase of Fulcrum's gold tailings projects and also sets the
foundation for future agreements on the shared benefits and opportunities as
the Project's progress.

 

Fulcrum and AAN have engaged in extensive consultations over time, exploring
how they can work together on the responsible development of the Projects and
other legacy mine waste sites in Ontario.

 

Fulcrum is delighted to be deepening its partnership with AAN and values the
ongoing support of Indigenous communities. With this Agreement and its
technology collaboration with Extrakt Process Solutions LLC, Fulcrum is well
positioned to lead the reprocessing and repurposing of historic mine waste
sites in the region.

 

Ryan Mee, Chief Executive Officer of Fulcrum, commented:

"This agreement reflects both the mutual recognition that legacy mine waste
sites need to be addressed and the desire to see the development of Fulcrum's
sites in a collaborative, mutually beneficial and respectful manner.

"I would like to thank the AAN community for their support in making this
partnership happen and look forward to working with them as we explore
potential opportunities with meaningful social and environmental benefits."

 

Lance Black, Director, Negotiations and Contract Management for Apitipi
Anicinapek Nation, commented:

 

"We are encouraged by this agreement with Fulcrum Metals, as it aligns with
one of Apitipi Anicinapek Nation's priorities: to see the legacy of
environmental contamination on our lands be fully remediated. Fulcrum's focus
on reprocessing historic tailings offers a rare opportunity to clean up a site
that has been left polluted for far too long and provide benefits to our
Nation in the process.

 

"It's refreshing to work with a company that recognises the importance of
environmental responsibility from the outset. Others with far greater
resources and much larger footprints in the Kirkland Lake area have had
decades to do the right thing - and haven't."

 

 

***ENDS***

For further information please visit https://fulcrummetals.com/
(https://fulcrummetals.com/) or contact:

 Fulcrum Metals PLC
 Ryan Mee (Chief Executive Officer)           via St Brides Partners Limited

 Allenby Capital Limited (Nominated adviser)
 Nick Athanas / Daniel Dearden-Williams       Tel: +44 (0) 203 328 5656

 Clear Capital Markets Limited (Broker)
 Bob Roberts                                  Tel: +44 (0) 203 869 6081

 St Brides Partners Ltd (Financial PR)
 Ana Ribeiro / Paul Dulieu / Will Turner      Tel: +44 (0) 20 7236 1177

 

 

Notes to Editors

 

About Fulcrum Metals PLC

 

Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural
resources company focused on recovery of precious metals from mine tailings
(previously milled and processed ore) in Canada using environmentally friendly
leaching technology developed by Extrakt Process Solutions LLC and its
associates (together "Extrakt").  The Company's projects are the tailing
sites of the former Teck-Hughes and Sylvanite gold mines, located at the
Kirkland Lake region in Ontario. In addition, the Company has interests in a
portfolio of highly prospective mineral exploration and development projects
in both Ontario and Saskatchewan Canada.

 

Fulcrum have a Master Licence Agreement (MLA) with Extrakt for the exclusive
licence rights using their proven cyanide free clean technology on legacy gold
mine waste sites over the mining districts of Timmins and Kirkland Lake which
includes Fulcrum's Teck Hughes and Sylvanite projects. Fulcrum are developing
the Teck Hughes and Sylvanite tailing sites to unlock the significant mineral
wealth and the potential environmental benefits delivering a scalable concept
across two of Canada's biggest gold camps with a history of over 110 million
ounces of gold production and more than 70 mine waste sites

 

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