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Fulcrum Lithium Ltd (ASX:FUL)

ALERT: Price-sensitive ASX Announcement for FUL
Current share price for FUL : $0.070 -0.045 (-39.13%)+
Announcement
Release
29 Apr 2026 8:52AM
Price at Release
$0.115
Full Release
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Summary
Fulcrum Lithium Ltd's March 2026 Quarterly Activities Report outlines significant developments in the company's Nevada lithium projects. The Alkali Flats Phase 3 drilling program was completed, confirming thick, continuous lithium mineralization, with initial assays showing significant lithium presence. A Controlled-Source Audio-Frequency Magnetotelluric (CSAMT) survey proved effective for exploration, aiding in the definition of drilling targets at the Dry Canyon project. Financially, the report details cash flow activities with net cash used in operating activities totaling $1,528,000 for the quarter. The report emphasizes the promising outlook for lithium pricing and advances in their exploration strategy, positioning Fulcrum well for future resource estimation and development.
Key Points
  • Completion of Alkali Flats Phase 3 drilling with thick lithium mineralization confirmed.
  • CSAMT survey utilized for exploration at Dry Canyon.
  • Net cash used in operating activities was $1,528,000 for the quarter.
  • Promising outlook for lithium pricing.
  • Strategic advances in exploration positioning Fulcrum for resource estimation.
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.