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Fulcrum Lithium Ltd (ASX:FUL)

ALERT: Price-sensitive ASX Announcement for FUL
Current share price for FUL : $0.083 0.019 (29.69%)+
Announcement
Release
17 Nov 2025 9:51AM
Price at Release
$0.064
Full Release
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Summary
Fulcrum Lithium Ltd has completed a successful geophysical survey at its 100% owned Alkali Flats project in Esmeralda County, Nevada. The 25km Controlled-Source Audio-Frequency Magnetotelluric (CSAMT) survey identified a significant extension of lithium-bearing claystone targets, expanding the area of interest from 9 km² to 42 km². This survey yields high confidence in mapping the extensions of lithium mineralisation discovered during Phase 2 drilling, and will guide the upcoming Phase 3 drilling program aimed at further delineating the resource. The company's strategic approach aims to enhance geological and resource modeling, providing a basis for a future maiden resource estimate. The Alkali Flats project, situated in a region known for lithium deposits, is strategically placed near existing lithium projects and the only operating lithium mine in the USA, Albemarle’s Silver Peak mine.
Key Points
  • 25km CSAMT survey completed at Alkali Flats project.
  • Lithium claystone target area expanded from 9 km² to 42 km².
  • High confidence mapping for Phase 3 drilling program.
  • Data supports geological and resource modeling.
  • Project area is 100% owned by Fulcrum Lithium Ltd.
  • Located near Albemarle’s Silver Peak lithium mine.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.