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Fulcrum Lithium Ltd (ASX:FUL)
ALERT: Price-sensitive ASX Announcement for FUL
Current share price for FUL : $0.070 -0.007 (-9.09%)+
Release
26 Nov 2025 10:24AM
Price at Release
$0.077
Full Release
Summary
Fulcrum Lithium Ltd announced the initiation of the Dry Canyon lithium claystone exploration project in Lander County, Nevada, USA. The project involves 201 staked unpatented lode claims covering an area of 17 km². High-grade lithium claystone surface samples were reported, with assays up to 1,219ppm lithium. The geological setting is favorable for lithium-rich claystones, supported by the presence of volcanic source rocks and a closed sedimentary basin. The exploration program, set for Q1 2026, will run alongside Fulcrum's Alkali Flats discovery appraisal program, incorporating knowledge from previous strategies.
Key Points
- 201 claims covering 17 km² in Lander County, Nevada, staked.
- High-grade lithium claystone surface samples up to 1,219ppm lithium.
- Basin contains geological characteristics associated with lithium-rich claystones.
- Drilling in Q1 2026 to test subsurface geology extension.
- Fulcrum's exploration strategy applied from Alkali Flats to Dry Canyon.
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.
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