RCS - Fulcrum Metals PLC - Appoints AP Kane & Associates Ltd as Consultants

Fulcrum MetalsAnnouncement

Mon 07:00

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RNS Number : 2165A  Fulcrum Metals PLC  22 September 2025

 

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

 

 

Reach Announcement

 

22 September 2025

 

Fulcrum Metals plc

("Fulcrum" or the "Company")

 

Fulcrum appoints AP Kane & Associates Ltd as Consultants

 

Fulcrum Metals plc (AIM:FMET), a company pioneering the use of innovative
technology to recover precious and critical metals from mine waste, has
engaged AP Kane & Associates Ltd ("Kane & Associates") as independent
consultants to advance Fulcrum's Teck Hughes and Sylvanite Tailings projects
in Kirkland Lake, Ontario.

 

Key Points

 

·    Fulcrum has exclusive rights to Extrakt's cyanide free technology for
gold mine waste sites in Kirkland Lake and Timmins, and their initial test
work is delivering high gold recoveries from its Teck Hughes and Sylvanite
tailing projects located near Kirkland Lake's historic "Mile of Gold" which
produced over 24 million ounces of gold, leaving several mine waste sites.

 

·    Andrew Kane, the Principal of Kane & Associates, brings more than
30 years of Ontario mining industry experience and had senior roles with
Ontario Ministry of Mines.

 

·    Andrew is a highly regarded specialist in stakeholder consultation,
permitting, and project management, with an environmentally and socially
sustainable approach to exploration and mine development projects.

 

·    Andrew's comprehensive network of contacts across government,
industry, and Indigenous communities, will help Fulcrum execute on corporate
strategy to advance the Teck Hughes project to construction decision, address
complementary opportunities at the nearby Sylvanite project and cross sector
growth opportunities.

 

 

Ryan Mee, Chief Executive Officer of Fulcrum Metals plc, commented:

 

"We are appointing Kane & Associates at a pivotal time for our Kirkland
Lake tailing projects as we advance Teck-Hughes towards production and
consider next steps at Sylvanite.

 

Andrew brings a wealth of experience from stakeholder engagement through
permitting, sustainable mine project development and management with contacts
across Ontario's government and industry. His approach aligns well with
Fulcrum's strategy for responsible resource recovery in the mining sector."

 

Andrew Kane, Kane & Associates, said:

 

"Fulcrum's Teck-Hughes and Sylvanite Tailings projects in Kirkland Lake excite
me. Fulcrum is an early mover on Ontario's new Mineral Recovery Permit and are
advancing their projects in the right way. They consulted with the Apitipi
Anicinapek Nation earlier this year and secured an agreement to work on their
Traditional Lands. Fulcrum's pioneering approach with novel cyanide-free
techniques and other environmentally aware strategies helped secure that
agreement. I am confident that  Fulcrum, working with the disruptive Extrakt
technology, could deliver a master class in Ontario for processing tailings."

 

Appointment of Specialist Consultants

 

The Company is pleased to announce the appointment of both Andrew Kane and
Kane & Associates as specialist consultants to assist with the development
of its Teck-Hughes and Sylvanite Tailings projects in Kirkland Lake, Ontario
and with its corporate growth strategies.

 

Andrew Kane, the Principal of Kane & Associates, brings more than 30 years
of both public and private sector experience in Ontario's mining industry
including senior roles of Mineral Exploration and Development Consultant for
the Ontario Ministry of Mines, and as a Natural Resources and Business
Development Manager for the Thunder Bay Community Economic Development
Corporation.

 

During his time in the Ontario mining industry Andrew has helped several
successful project launches, cultivated joint venture and cross sector
opportunities, develop partnerships with First Nation and Indigenous
communities, and advised and consulted on successful grants and permitting for
environmentally and socially sustainable projects.

 

Andrew is a highly regarded specialist in indigenous, government and public
consultations, permitting, identifying growth opportunities across the sector,
and brings a comprehensive network of contacts. The appointment is a pivotal
step to support Fulcrum in developing and executing its growth plans.

 

The engagements of Andrew Kane and Kane & Associates with the Company will
be on an independent contractor basis for an initial 12 months.

 

For further information please visit www.fulcrummetals.com
(http://www.fulcrummetals.com) , follow us on X @FulcrumMetals 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                    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 has an exclusive Master Licence Agreement ("MLA") for the rights to
Extrakt's proven cyanide free technology on gold mine waste sites over the
mining districts of Timmins and Kirkland Lake. These are two of Canada's
biggest gold camps with historical gold production of over 110Moz over the
past 100 years with more than 70 documented legacy mine waste sites. This
presents Fulcrum with the opportunity to develop into a significant
environmentally friendly gold producing entity.

 

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