Fulcrum Metals PLC Virtual Investor Presentation

TIDMFMET

Fulcrum Metals PLC

03 November 2023

Fulcrum Metals Plc/Index: AIM/EPIC: FMET / Sector: Metals and Mining

REACH: non-regulatory announcement

3 November 2023

Fulcrum Metals Plc

("Fulcrum" or "the Company")

Virtual Investor Presentation

Fulcrum Metals plc, a multi-commodity minerals exploration company, is pleased to announce that Ryan Mee, Chief Executive Officer, will be giving an Investor Presentation via the London Stock Exchange Group's SparkLive platform on 20 November 2023 at 11:00am GMT.

The presentation is open to all existing and potential shareholders who can register to attend this free event via:

https://www.lsegissuerservices.com/spark/FULCRUMMETALS/events/ec1f425d-8c64-4c80-9c17-54be01af2f0d

For more information, please visit www.fulcrummetals.com or contact the following:

 
 
   Fulcrum Metals PLC 
 Ryan Mee (Chief Executive Officer)       Via St Brides Partners 
                                           Limited 
 Allenby Capital Limited (Nominated 
  adviser) 
 Nick Athanas / George Payne              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

FULCRUM METALS - BACKGROUND

Fulcrum Metals PLC (LON: FMET) is an AIM quoted exploration company which finances and manages exploration projects focused on Canada, widely recognised as a top mining jurisdiction.

Fulcrum currently holds a beneficial 100% interest in highly prospective gold and base metals projects in Ontario and Uranium projects in Saskatchewan.

Fulcrum's strategy is to focus on discovery and commercialisation of its Projects through targeted exploration programmes. The primary focus is to make an economic discovery on the flagship Schreiber-Hemlo Properties and to establish the prospectivity of its wider Ontario and Saskatchewan portfolio with a view to securing potential joint venture and/or acquisition interest.

The Schreiber - Hemlo properties have a history of prospecting and localised extraction since the late 19th century. However, coherent property-level exploration programmes have been limited or absent, particularly in recent times. Fulcrum has an opportunity to carry out such a programme and this approach provides the best opportunity to fully explore the significant prospectivity of the properties. A recent structural study identified 42 priority exploration targets, of which 24 targets within the Big Bear property and 18 in the Jackfish property, with 14 in total (9 on Big Bear and 5 on Jackfish) being ranked as high priority for follow-up. The properties have the potential to host a large, structurally controlled, stratabound-style banded iron formation (BIF) gold prospect similar to the Musselwhite deposit (McNicoll et al., 2016), in addition to an Archean greenstone, orogenic-style lode gold prospect, extending past the bounds of known historical mineral occurrences.

The Tully property, 458 hectares in area, is located 30 kilometres northeast of Timmins, Ontario and includes the Tully (Timmins North) deposit, which has been the focus of several drilling campaigns since its discovery in 1969. The Tully deposit is located 2 kilometres southwest of the Bradshaw Gold Project of Gowest Gold Ltd., currently in development. The property is accessed by an all-weather gravel road that extends 15 kilometres to the east off of highway 655.

While highly prospective, Fulcrum's mining assets are in the exploration phase, so Fulcrum stands to be able to add significantly to the inherent value through exploration success. Fulcrum will continually review opportunities with potential and with a view to increasing shareholder value. It is the Board's intention to deliver medium and long-term growth and to establish the Group as a significant exploration company.

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November 03, 2023 03:05 ET (07:05 GMT)

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