Zak Mir talks to Ryan Mee, CEO of Fulcrum Metals, a Canadian-focused exploration company, about its gold tailings strategy and potential benefits to the group.
In mining and resource exploration, the conversation often revolves around finding new gold, silver, and other precious metals sources. However, there’s a growing trend that focuses on reprocessing existing tailings—waste materials left over from previous mining operations.
Today, we’ll explore Fulcrum Metals' innovative approach, particularly its strategy surrounding gold tailings in Canada, and how it plans to turn these deposits into valuable assets.
Understanding the Tailings Strategy
Fulcrum Metals is strategically focused on reprocessing tailings, specifically gold tailings, located in Ontario, Canada. This approach is not just about mining; it’s about transforming what was once considered waste into a viable resource. The company recognises the potential of these tailings, especially given the recent surge in gold prices.
Ryan Mee, CEO of Fulcrum Metals, has been instrumental in shaping this vision. He highlights the importance of scalability in their operations. Scalability is crucial for junior resource companies, particularly in a market that can sometimes overlook smaller entities. By proving the concept of reprocessing tailings, Fulcrum aims to establish itself as a key player in this niche.
Key Findings from the Phase 2 Study
In mining and resource exploration, the conversation often revolves around finding new gold, silver, and other precious metals sources. However, there’s a growing trend that focuses on reprocessing existing tailings—waste materials left over from previous mining operations.
Today, we’ll explore Fulcrum Metals' innovative approach, particularly its strategy surrounding gold tailings in Canada, and how it plans to turn these deposits into valuable assets.
Understanding the Tailings Strategy
Fulcrum Metals is strategically focused on reprocessing tailings, specifically gold tailings, located in Ontario, Canada. This approach is not just about mining; it’s about transforming what was once considered waste into a viable resource. The company recognises the potential of these tailings, especially given the recent surge in gold prices.
Ryan Mee, CEO of Fulcrum Metals, has been instrumental in shaping this vision. He highlights the importance of scalability in their operations. Scalability is crucial for junior resource companies, particularly in a market that can sometimes overlook smaller entities. By proving the concept of reprocessing tailings, Fulcrum aims to establish itself as a key player in this niche.
Key Findings from the Phase 2 Study
- Positive Technical Results: The Phase 2 study has provided critical technical details necessary for pursuing a master licensing agreement.
- Scalability: The study has confirmed that the reprocessing method can be scaled up, allowing for increased production.
- Additional Tonnage: More tonnage could be added to the Techu project, enhancing its viability as a long-term operation.
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