Fulcrum Metals Affiliate to Launch Rock Sampling at Uranium Project in Canada

MT Newswires · 5d ago
05:05 AM EDT, 10/28/2026 (MT Newswires) -- Fulcrum Metals (FMET.L) affiliate Terra North Resources plans to conduct ground-based verification and rock sampling to assess multiple targets identified at the Charlot-Neely Lake uranium project in Saskatchewan, Canada, according to a Wednesday filing. The London-listed mining company retains exposure to the project through its equity holdings and contractual rights under an option agreement with Terra North, a spin-out of Terra Balcanica Resources. Fulcrum holds 5,801,498 shares in Terra Balcanica and 5,600,000 shares in Terra North, which is funding exploration and is committed to a minimum cumulative exploration expenditure of CA$3.3 million.