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Fulcrum Lithium Ltd (ASX:FUL)

ALERT: Price-sensitive ASX Announcement for FUL
Current share price for FUL : $0.072 -0.005 (-6.49%)+
Announcement
Release
25 Nov 2025 9:32AM
Price at Release
$0.077
Full Release
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Summary
Fulcrum Lithium Ltd announced positive initial metallurgy results from its Alkali Flats project in Esmeralda County, Nevada. The scoping metallurgical program showed significant lithium recovery rates, with up to 91% lithium extracted after a 4-hour sulfuric acid leach at 60°C and 72% at ambient temperature. The project area exhibits similar claystone mineralogy to other successful local projects, indicating potential for beneficiation upgrading. Fulcrum plans to advance to a Phase 3 drilling program to further explore and test the mineralisation, aiming to establish a JORC compliant resource estimate. The Alkali Flats project covers 512 lode claims over 43 km² and is strategically positioned near other significant lithium projects and mining operations.
Key Points
  • Positive lithium extraction results at low temperatures and short leach times.
  • Up to 91% lithium recovery after a 4-hour sulfuric acid leach at 60°C.
  • 72% lithium recovery at ambient temperature.
  • Similar claystone mineralogy to local advanced projects suggesting beneficiation potential.
  • Phase 3 drilling program planned to include detailed metallurgical studies and infill drilling.
  • Project area comprises 512 lode claims over 43 km² in Nevada.
  • Proximity to significant lithium projects and the only operating lithium mine in the USA.
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.