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Fulcrum Lithium Ltd (ASX:FUL)
ALERT: Price-sensitive ASX Announcement for FUL
Current share price for FUL : $0.075 -0.025 (-25%)+
Announcement
Release
19 May 2026 9:20AM
Price at Release
$0.100
Full Release
Summary
Fulcrum Lithium Ltd has reported positive results from their Alkali Flats project in Esmeralda County, Nevada. The metallurgical testing for lithium extraction from claystones demonstrated high recovery rates, with up to 96% lithium recovery within 7 days through mini-column acid cured leach tests. The program also successfully tested low-cost heap leaching and calcination roasting processes. Alcohol screening and hydrocyclone testing showed improvements in mass reduction, carbonate removal, and grade increase. This scoping program lays a foundation for further detailed metallurgical work as the company progresses with its Phase 3 drilling program.
Key Points
- Positive lithium extraction results at ambient temperatures.
- 93% - 96% lithium recovery from 7-day mini-column acid cured leach tests.
- Successful initial test of low-cost heap leaching processing pathway.
- Hydrocyclone testing reduced mass by up to 41% and removed up to 54% of carbonates.
- Alcohol screening reduced mass by up to 15% and increased grade by up to 12%.
- Phase 3 drill program commenced to refine processing pathways.
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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