Fulcrum Metals (AIM:FMET), the gold and uranium explorer focused on Canada has increased their uranium footprint around the Athabasca Basin in Saskatchewan by 221% or 59,310 acres.
In this interview with Ryan Mee, CEO of Fulcrum Metals, investors will hear how the Company has staked a claim to 29,362 hectares and entered into an option agreement to acquire a further 11,480 hectares across three uranium properties at Snowbird, South Pendleton and Charlot West from independent prospectors for CA$5,000 in cash and a further CA$60,000 either in cash, Fulcrum equity or equity in a newly listed uranium vehicle.
Furthermore, Ryan explains how he intends to introduce partners to work with the Company to develop the uranium properties, or potentially to spin out the uranium assets into a separate company on a separate listed exchange.
Ryan says the projects are well placed with major structures, historical mines and projects under development by well-established uranium developers, which have attracted significant investment.
Fulcrum Metals (FMET)