Home » Posts tagged 'Tambo Gold Project'

Tag Archives: Tambo Gold Project

ECR Minerals #ECR – Results from Rock Chip Sampling and Exploration Update at Lolworth Project, Queensland

24th October 2024 / Leave a comment

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce the results of rock chip sampling and trenching activities completed at the Lolworth Project, Queensland, focusing on gold and base metals exploration. ECR also provides an interim update in relation to the diamond drilling programme at its Tambo Gold Project in Victoria.

HIGHLIGHTS

378 rock chip samples analysed
Highest-grade gold results include 11.05, 14.15 and 14.7 g/t Au
23 rock chips returned silver grades greater than 10 g/t Ag with six samples exceeding 50 g/t Ag
Trenching at the Gorge Creek West Prospect has identified broader zones of gold mineralisation, including best grades of 11.05, 3.72 and 4.82 g/t Au within a quartz shear zone
Newly-discovered gold-bearing veins identified near Gorge Creek West and Uncle Terry prospects

Results (See Tables 1&2)

Gorge Creek West (See Figure 1)

Stream sampling has delineated the ridgeline as a potential gold source, and trenching has revealed a North-South trending quartz sulphide shear zone traced along a 40m strike. A secondary shear was located 12.5 metres west of the main zone. Highlights include:

Best trenching results: 11.05, 4.82 and 3.45 g/t Au.
Broader zones of low-grade gold mineralisation (0.2-0.5 g/t Au) found within three metres of the shear zones.
Reconnaissance rock chips show further potential, with best results of 6.97, 2.59 and 3.72 g/t Au.
Significant silver mineralisation with best results of 54.4, 50.2 and 24.9 g/t Ag.

An additional shear zone located 350 metres northeast has returned high-grade gold, including 14.7, 14.15 and 8.81 g/t Au. The results indicate that the gold bearing portion of this structure can so far been traced for 40 metres along the surface.

Gorge Creek West (Figure 1)

Uncle Terry (see Figure 2)

Reconnaissance rock chip sampling has previously revealed the highest-grade gold assay to date (75.6 g/t Au) from a quartz-sulphide subcrop. Further mapping in the vicinity revealed a quartz-sulphide blow measuring 20 metres x 10 metres at surface. Best results from this quartz blow include:

Gold assays of 7.59, 6.92, 6.3 and 2.12 g/t Au.
In addition, high silver values of 78.8, 66.2 and 65.6 g/t Ag have also been discovered. Soil sampling is ongoing to identify potential mineralised extensions.

Uncle Terry (Figure 2)

Geochemical pathfinders

Soil sampling is three-quarters complete, with ongoing analysis aimed at identifying pathfinder elements associated with gold mineralisation. Preliminary results show the following prospect geochemical pathfinders

Butterfly Creek: Arsenic and lead
Dagwood: Weak silver and lead
Gorge Creek West: Strong lead and silver
Uncle Terry: Strong lead and zinc with low arsenic.
Silver-to-gold ratios are highest at Gorge Creek West and Uncle Terry.

Next Steps

A further update on the Lolworth Project will be provided before the end of this calendar year, including management’s proposed next exploration steps.

Tambo Drilling Update

The first diamond drill hole has reached 85 metres and encountered quartz and sulphide mineralisation at a 38 metre depth. A second hole is currently underway, with two or three more holes planned for a total planned aggregate depth of 450-550 metres. Further announcements will be made in relation to drilling at Tambo in due course.

Adam Jones, ECR Chief Geologist said: ‘’These rock chip and trenching results from Lolworth further validate the significant potential that the Board sees in this substantial acreage Project. Not only are we uncovering gold, but we are now seeing significant traces of silver. As previously announced, we believe that there are also exciting prospects for rare earths and other critical minerals and we expect both our own exploration programmes, as well as the recent sampling by the Geological Society of Queensland, will provide us with valuable insights and guide our next steps. The geological resemblance of the Lolworth region to the well-known Charters Towers and Ravenswood goldfields is giving us a glimpse of what may lie within these mountain ranges.”

Table 1: Top 10 Gold Results
Prospect	SampleID	Easting	Northing	Au g/t	Ag g/t	Au:Ag Ratio
Gorge Creek West	LWC892	313687.1	7751609.8	14.7	50.2	1:3
Gorge Creek West	LWC890	313683.9	7751607.9	14.15	54.4	1:4
Gorge Creek West	LWC636	313358.1	7751435.4	11.05	68.8	1:6
Gorge Creek West	LWC887	313688.7	7751597.1	8.81	24.90	1:3
Uncle Terry	LWC935	312161.1	7752183.7	7.59	65.60	1:6
Gorge Creek West	LWC657	313364.3	7751418.8	6.97	31.30	1:4
Uncle Terry	LWC948	312161.8	7752186.9	6.92	66.20	1:10
Gorge Creek West	LWC889	313685.0	7751607.1	6.34	5.20	1:1
Uncle Terry	LWC947	312161.9	7752189.0	6.3	35.70	1:6
Gorge Creek West	LWC896	313680.6	7751618.3	5.19	16.60	1:3

Table 2: Top 10 Silver Results

Prospect	SampleID	Easting	Northing	Ag g/t
Uncle Terry	LWC949	312159.7	7752186.3	78.8
Gorge Creek West	LWC636	313358.1	7751435.4	68.8
Uncle Terry	LWC948	312161.8	7752186.9	66.2
Uncle Terry	LWC935	312161.1	7752183.7	65.6
Gorge Creek West	LWC890	313683.9	7751607.9	54.4
Gorge Creek West	LWC892	313687.1	7751609.8	50.2
Gorge Creek West	LWC651	313350.8	7751428.2	48
Gorge Creek West	LWC652	313350.1	7751427.0	35.8
Uncle Terry	LWC947	312161.9	7752189.0	35.7
Gorge Creek West	LWC657	313364.3	7751418.8	31.3

REVIEW OF ANNOUNCEMENT BY QUALIFIED PERSON

This announcement has been reviewed by Adam Jones, Chief Geologist at ECR Minerals Plc. Adam Jones is a professional geologist and is a Member of the Australian Institute of Geoscientists (MAIG). He is a qualified person as that term is defined by the AIM Note for Mining, Oil and Gas Companies.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals Plc		Tel: +44 (0) 1738 317 693
Nick Tulloch, Chairman Andrew Scott, Director

Email: info@ecrminerals.com
Website: www.ecrminerals.com

Allenby Capital Limited		Tel: +44 (0) 3328 5656
Nominated Adviser Nick Naylor / Alex Brearley / Vivek Bhardwaj		info@allenbycapital.com

Axis Capital Markets Limited		Tel: +44 (0) 203 026 0320
Broker
Ben Tadd / Lewis Jones

SI Capital Ltd		Tel: +44 (0) 1483 413500
Broker
Nick Emerson
Brand Communications	Tel: +44 (0) 7976 431608
Public & Investor Relations
Alan Green

Glossary

Ag:	Silver
Au:	Gold
g/t:	Grammes per Tonne (Metric)
km:	Kilometres (Metric)
km²:	Kilometre squared (Metric)

ABOUT ECR MINERALS PLC

ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd (“LUX”) which has three approved exploration permits covering 946 km2 over a relatively unexplored area in Lolworth Range, Queensland, Australia. The Company has also submitted a license application at Kondaparinga which is approximately 120km2 in area and located within the Hodgkinson Gold Province, 80km NW of Mareeba, North Queensland.

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), MGA has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited. ECR also holds a royalty on the SLM gold project in La Rioja Province, Argentina.

MGA also has approximately A$75 million of unutilised tax losses incurred during previous operations.

ECR Minerals #ECR – Diamond Drilling Commences at Tambo Gold Project, Victoria and Fourth Company in Discussions on Potential Sale of A$75m Tax Losses

17th October 2024 / Leave a comment

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce the commencement of diamond drilling at the Company’s Tambo Gold Project in Victoria, Australia (the “Tambo Gold Project”), as well as providing an update on corporate activities.

HIGHLIGHTS

Maiden diamond drilling campaign now underway at the Tambo Gold Project
Fourth confidentiality agreement signed with Australia-domiciled company in relation to the potential sale of ECR’s A$75 million of tax losses
Laboratory analysis of 378 rock chips taken from gold prospects at the Lolworth Project in Queensland now completed and results expected later this month

Tambo Gold Project, Victoria

Further to the Company’s announcement on 9 October 2024, the maiden diamond drilling campaign has commenced at the Tambo Gold Project targeting beneath the historical workings of the Duke of Cornwall Mine, Swifts Creek. The drilling programme is expected to take approximately two weeks with up to 500 metres of aggregate depth planned, although the exact profile of the campaign will be determined on site. Previous rock chip assays from direct outcrop and exposures around and within the old workings include results of 22.85 g/t Au, 26.25 g/t Au and 52.2 g/t Au coupled with highly anomalous gold in soils. Initial results are expected in November 2024.

Update on Potential Sale of Tax Losses

Further to the Company’s announcements of 9 October 2024 and 2 July 2024, ECR, through its engagement with Argonaut PCF Ltd, has signed an additional non-disclosure agreement and is now in discussions with four Australia-domiciled public and private companies in relation to the potential sale of its A$75 million of tax losses.

ECR’s tax losses are held within its wholly owned subsidiary, Mercator Gold Australia Pty Ltd, and were incurred during the period from 2006 to date. Any sale of the tax losses would be coupled with a disposal of certain non-core assets of the Company. Whilst no guarantee can be given as to any potential sale or agreement being reached or as to the timing or terms, the board of directors of ECR continues to be encouraged by the considerable interest shown in this potentially valuable asset.

Lolworth, Queensland,

Laboratory analysis of 378 rock chips recently taken from gold prospects at the Lolworth Project in Queensland, including Butterfly Creek, Uncle Terry and Gorge Creek has now been completed and the Company expects to receive the data shortly. The next step will be for management to undertake a detailed review of this information to contextualise the data within the overall project area. It is therefore expected that the full results will be available by the end of the month. Initial field work across the Lolworth Project showed promising signs, including visible gold in streams and hillsides. A further announcement will be made in due course.

As announced on 3 October 2024, ECR Minerals is working in partnership with the Geological Survey of Queensland (“GSQ”) to further investigate the critical minerals potential at the Lolworth Project. The results from geochemical analysis on samples taken from the Oaky Creek prospect in the central-north area of the project will be announced once received. Stream sampling in this area has previously detected Niobium in concentrate samples and geochemical analysis will be carried out by the GSQ on pegmatites to better understand their fertility for hosting critical minerals, in particular Niobium and Tantalum.

Mike Whitlow, ECR’s Managing Director, said: “I’m very pleased to announce that the diamond drill rig has arrived at the Tambo Gold Project, marking the beginning of our highly anticipated maiden drilling campaign at this site. Our initial work at the Tambo Gold Project has been very promising with high-grade gold results in rock chips reinforcing our confidence in the potential of this asset. We look forward to confirming and expanding on these results, which is expected in November 2024. I’m also encouraged by the growing interest in our tax losses from both private and public companies, with several requests for confidentiality agreements. As we’ve said previously the potential value of any transaction could be significant for ECR. We are expecting a steady stream of updates across our core projects in the coming weeks and months and I look forward to reporting back on the rock chip results from Lolworth once further analysis has been conducted.’’

REVIEW OF ANNOUNCEMENT BY QUALIFIED PERSON

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals Plc		Tel: +44 (0) 1738 317 693
Nick Tulloch, Chairman Andrew Scott, Director

Email: info@ecrminerals.com
Website: www.ecrminerals.com

Allenby Capital Limited		Tel: +44 (0) 3328 5656
Nominated Adviser Nick Naylor / Alex Brearley / Vivek Bhardwaj		info@allenbycapital.com

Axis Capital Markets Limited		Tel: +44 (0) 203 026 0320
Broker
Ben Tadd / Lewis Jones

SI Capital Ltd		Tel: +44 (0) 1483 413500
Broker
Nick Emerson
Brand Communications	Tel: +44 (0) 7976 431608
Public & Investor Relations
Alan Green

Glossary

Au:	Gold
g/t:	Grammes per Tonne (Metric)
km:	Kilometres (Metric)
km²:	Kilometre squared (Metric)

ABOUT ECR MINERALS PLC

MGA also has approximately A$75 million of unutilised tax losses incurred during previous operations.

ECR Minerals #ECR – Australia Projects Update

10th September 2024 / Leave a comment

Up to 75.6g/t Gold Rock Chip Identified at Lolworth, Queensland

Maiden Diamond Drilling Program to Commence at Tambo Gold Project in Coming Weeks

Drilling Application Lodged to Follow up 32% Antimony Result At Bailieston, Victoria

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce an update on its gold and rare earths projects in Queensland and Victoria.

HIGHLIGHTS

Queensland

Up to 75.6 g/t gold rock chip discovered at the Uncle Terry Prospect at the Lolworth Project
Results expected from enhanced gold recovery process at the Blue Mountain Project

Victoria

Planning for diamond drill programme to commence at the Tambo Gold Project in coming weeks
Drilling application lodged to further investigate the potential at Bailieston given the recently announced exceptional Antimony results

Lolworth, Queensland

Two field teams have been working on site at the Company’s Lolworth Project since early May 2024, where initial field work across several gold prospects in the Upper Gorge Creek showed promising signs, including visible gold in streams and hillsides.

First rock chip results now received from the Uncle Terry Prospect are encouraging, with samples of up to 75.6 g/t Au, 1.32 g/t Au and 1.29 g/t Au from a new mineralised quartz vein situated approximately 400m north-west from the main prospect. Follow-up mapping has traced the visible part of this outcrop for at least 100m in strike and ending in a quartz blow where Galena (Lead-Silver) is clearly visible. Numerous mineralised quartz shears at least 1m wide have been mapped over the entire Uncle Terry Prospect area. The main shear zone is showing to host Lead (Pb) and Silver (Ag) with best outcrop rock chips of 1.89% Pb and 11 samples greater than 5 g/t Ag, including two highlights of 272 g/t Ag and 69 g/t Ag. ECR’s field teams are currently extending soil sampling to explore for hidden gold-bearing outcrops in the immediate vicinity.

The results for 378 rock chip samples covering all five gold prospects at the Lolworth Project are due in the coming weeks. Confirmation of the presence of further high-grade gold is expected, as samples anomalous in silver have been routinely sent to the laboratory for gold analysis. Silver has been identified as the strongest pathfinder element correlating to gold mineralisation at the Lolworth Project.

Stream sampling for gold and rare earths on the eastern side of the 1,000 km² project area is progressing well and nearing completion. Regional geological mapping has indicated the presence of significant pegmatitic intrusions. Previous work suggests that this eastern area features the same geological formations as the Oaky Creek region of the tenement where stream sampling has previously detected niobium in concentrate samples.

ECR’s field crews have also taken a bulk sample from the Oaky Creek Niobium streamline which will be used for mineralogical purposes to aid in tracking down the source rock.

Table 1: Summary of latest rockchip results from the Uncle Terry Prospect, Lolworth.

Prospect	Sample ID	Easting	Northing	Au g/t	Ag g/t	Pb %
Uncle Terry	LWC432	312178	7752097	75.6	272	0.03
Uncle Terry	LWC431	312194	7752128	1.32	1.5	0.02
Uncle Terry	LWC463	308392	7751048	1.29	4.3	0.02
Uncle Terry	LWC548	312418	7751770	0.08	69.00	0.09
Uncle Terry	LWC545	312418	7751766	0.02	12.20	0.23
Uncle Terry	LWC401	312355	7751894	0.04	11.00	0.00
Uncle Terry	LWC410	312382	7751852	0.01	10.60	0.00
Uncle Terry	LWC481	312327	7751879	0.01	8.40	0.00
Uncle Terry	LWC402	312358	7751890	0.03	8.10	0.24
Uncle Terry	LWC544	312420	7751766	0.01	7.50	0.14
Uncle Terry	LWC406	312370	7751870	0.01	6.70	0.00
Uncle Terry	LWC543	312420	7751764	0.01	6.10	0.04
Uncle Terry	LWC546	312418	7751766	0.01	5.40	0.40
Uncle Terry	LWC549	312420	7751769	0.01	0.20	1.89

*Locations in GDA94 Zone 55 datum.

Blue Mountain, Queensland

As announced on 1 August 2024, a trenching and bulk concentrate sampling programme was undertaken at the Blue Mountain Project during July of this year. A total of 15.4 cubic metres of alluvial gravel was processed through a pilot trommel wash plant, yielding 9.95 grammes of visible gold, an overall average of 1.55 grammes per b.c.m. Additionally, six bulk samples of sluice box concentrates were submitted for laboratory analysis, with best results including 192.15 g/t Au and 97.40 g/t Au within these concentrates.

Given these highly encouraging results ECR has submitted further samples to the laboratory to undergo an enhanced gold recovery process to determine the potential commercial options for recovery. The results are expected in the coming weeks.

The Blue Mountain Project consists of two exploration permits (EPM27175 and EPM27183). Both permits are in good standing and the Company has recently applied to extend the terms for an additional five years. Both tenements contain at least 12km of strike length available for follow up sampling and testing.

Tambo Project, Victoria

On 12 July 2024, ECR Minerals announced the fire assay gold results from the historic Duke of Cornwall Mine in Swifts Creek (Tambo Gold Project) with a best result including 52.2 g/t Au. A total of 10 samples returned results above 5 g/t Au. Subsequently, 84 soil samples were taken perpendicular to the strike of the Duke of Cornwall lode to gain a better understanding of the geochemical orientation with a best result of 0.56 ppm Au.

ECR Minerals is pleased to announce that terms have now been agreed with a drilling contractor and a site visit by ECR chief geologist, Adam Jones, is due to take place this week. A maiden diamond drilling campaign is expected to commence at the project in the coming weeks.

Bailieston, Victoria

On 3 July 2024, ECR Minerals announced results from additional testing for the critical mineral Antimony (Sb) from diamond core previously drilled at Bailieston, Central Victoria. 44 samples were submitted for additional multi-element testing with best results including 0.3m grading 32% Sb and 0.1m grading 1.20 % Sb.

A drilling application has now been lodged with the relevant Governmental authorities to further investigate the potential at Bailieston given the recently announced exceptional Antimony results. Further details will be announced in due course.

The ECR Board made the decision to reanalyse diamond core samples for Antimony from the Bailieston Project, drilled during the 2021-2022 campaign, due to the Melbourne Geological Zone’s reputation as a prominent host for Antimony lodes and the increasing demand for this critical mineral.

The Costerfield Mine, owned by Mandalay Resources, is a significant Antimony producer in the region, recording 1,860 tonnes of Sb in 2023. Nearby, Nagambie Resources recently announced a maiden JORC inferred resource estimate of 17,800 tonnes of Sb, while Southern Cross Gold has been actively exploring for Antimony at its Sunday Creek Project.

ECR Minerals holds exploration licenses situated 45 kilometres east of Costerfield and 25 kilometres west of Nagambie. ECR’s Bailieston Prospect (HR3) is positioned on the Bailieston Anticline, renowned for its Antimony mineralisation.

Mike Whitlow, Managing Director, said: “It has been a highly productive year for ECR, with significant progress made across our portfolio of gold and rare earths projects, and exploration activities are set to accelerate even further. We consider that we’re on the verge of identifying the key sources of gold at Lolworth, with a number of high-priority drill targets soon to be lined up for testing. This marks a pivotal step forward as we look to unlock the project’s full potential. At the Blue Mountain Project, we are eagerly anticipating the results from our enhanced gold recovery process which will be critical in guiding us towards the potential commercial options for gold extraction. In Victoria, our focus remains firmly on drilling. We’re set to commence drilling at the Tambo Project in the coming weeks and work is underway to further explore the highly prospective Antimony potential at Bailieston. With the recent surge in this critical mineral’s price, we believe that the Bailieston project’s Antimony potential may become increasingly significant.”

REVIEW OF ANNOUNCEMENT BY QUALIFIED PERSON

This announcement has been reviewed by Adam Jones, Chief Geologist at ECR Minerals plc. Adam Jones is a professional geologist and is a Member of the Australian Institute of Geoscientists (MAIG). He is a qualified person as that term is defined by the AIM Note for Mining, Oil and Gas Companies.

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the Company’s obligations under Article 17 of MAR.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals plc		Tel: +44 (0) 1738 317 693
Nick Tulloch, Chairman Andrew Scott, Director

Email: info@ecrminerals.com
Website: www.ecrminerals.com

Allenby Capital Limited		Tel: +44 (0) 3328 5656
Nominated Adviser Nick Naylor / Alex Brearley / Vivek Bhardwaj		info@allenbycapital.com
Axis Capital Markets Limited		Tel: +44 (0) 203 026 0320
Broker
Ben Tadd/Lewis Jones

SI Capital Ltd		Tel: +44 (0) 1483 413500
Broker
Nick Emerson

Brand Communications		Tel: +44 (0) 7976 431608
Public & Investor Relations
Alan Green

Glossary

Ag:	Silver
Au:	Gold
b.c.m	Bank Cubic Metre
g/t:	Grammes per Tonne (Metric)
HR3:	The Bailieston Prospect
JORC:	Australasian Code for Reporting of Mineral Resources and Ore Reserves’ of December 2012 (“JORC Code”) as prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy.
km:	Kilometres (Metric)
km²:	Kilometre squared (Metric)
M:	Metres (Metric)
Pb:	Lead
ppm:	Parts per million (Metric)
Sb:	Antimony

ABOUT ECR MINERALS PLC

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), MGA has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited. ECR holds a royalty on the SLM gold project in La Rioja Province, Argentina which could potentially receive up to US$2.7 million in aggregate across all licences.

MGA also has approximately A$75 million of unutilised tax losses incurred during previous operations.

ECR Minerals #ECR – Victoria Exploration and Queensland Project Updates

22nd May 2023 / Leave a comment

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, announces updated results from gold exploration activities within licences EL006184 (Creswick), EL5433 (Blue Moon) and EL7484 (Tambo North), Victoria, Australia.

ECR Minerals plc has 100% ownership of all three exploration licences. ECR Minerals also holds 100% ownership of 6 other active exploration tenements along with 2 other exploration tenements in application with the State of Victoria, Australia.

ECR CEO Andrew Haythorpe commented: “While the Board are pleased to have finally received assays for our drill programs in Victoria, the latest results have not been as encouraging as we would have hoped.”

“On taking up the position as CEO last year, I have worked with management to ensure that low-cost work programmes, including soil geochemistry and mapping, have and will continue to be used to rank prospects prior to drilling. This approach will be applied to future campaigns in both Queensland and Victoria.”

‘’In contrast to the Company’s historical projects in Victoria, we believe the prospects identified for drilling and further mapping and sampling in Queensland are of superior width and consistency.”

“The outcome from work undertaken in Victoria over the coming months will be weighed against the results we anticipate seeing in Queensland and I look forward to reporting back on progress in the coming days and weeks.’’

HIGHLIGHTS

Results from the recent western extension drilling at Blue Moon, Bailieston from two drill holes. Best results include 9m @ 0.56 g/t Au from 83.2m in hole BBMDD012.
Drilling results from four diamond holes at Brewery Lane Creswick have been received which include 1m @ 4.29 g/t Au from 94.8m in hole CSD016.
On-ground work within Eastern Victoria on EL7484 (Tambo) has commenced. The Board is encouraged by initial investigations.
Exploration strategy transitions to North Queensland, Australia as field season commences.

DRILL RESULTS, BLUE MOON (BAILIESTON)

The most recent results from diamond drilling at the Blue Moon Prospect, Bailieston included the excellent result of 0.5m @ 17.77 g/t Au from 84.9m in hole BBMDD010 (see RNS from February 24 2023 here). A further two holes have now been drilled (BBMDD012 and BBMDD013) targeting the potential down plunge of the high-grade result in BBMDD010 and following the historic drill hole from the 2019 RC drill program. Unfortunately, the grade trend did not expand at depth, but still generated an excellent results of 9m @ 0.56 g/t Au from 83.2m drilled depth in hole BBMDD012. All reportable drill results from BBMDD012 and BBMDD013 are tabulated in Table 1 below. As the grades and widths of the Blue Moon Prospect within the drilled area downgraded the potential of an immediate commercial discovery, the drill rig was moved to Brewery Lane, Creswick.

CRESWICK (BREWERY LANE) DRILLING PROGRAM

A total of 4 drill holes were completed into the Slades and Spring Hill Reefs (lodes). The best results from this drilling campaign include 1m @ 4.29 g/t Au from 94.8m in hole CSD016 plus a full list of reportable gold intercepts from the 4 holes in Table 2 below. There is a considerable amount of additional work required to establish mineral resources at Creswick, including drilling at Mills Reef, Kuboid Hill and other prospects where soil sampling and rock chipping have shown the presence of gold (see RNS from April 17 2023 here, and RNS from May 2 2023 here). However, with global markets currently reflecting a lack of appetite for long-term investment into junior gold exploration companies the Board has decided to halt exploration drilling at Brewery Lane, Creswick for the remainder of this year and focus instead on exploration at ECR’s Queensland projects.

GOLD EXPLORATION IN EASTERN VICTORIA (TAMBO)

ECR has two tenements (EL007484 and EL007486) in the Tambo River region residing in the eastern part of Victoria state. EL007484 is currently active and license EL007486 is in the final stages of application. The field team have recently gained access to historical gold workings within EL007484 on private land, and with the landowner’s support for gold exploration a programme of rock chipping and pXRF mapping within quartz veins from underground exposures is now on-going. The field team are reporting good visual findings with plenty of sulphides seen within quartz veins. Initial results are expected shortly.

NEXT STEPS – EXPLORATION TRANSITION TO NORTH QUEENSLAND

Exploration has commenced at the Lolworth Project in North Queensland. The results from last year’s field season revealed numerous Gold, Niobium and Tantalum anomalies within many of the drainage lines within the Lolworth Range (see RNS from March 26 2023 here, and RNS from April 3 2023 here). Although the project is in the early stages of exploration, initial findings are already showing a larger footprint of diverse mineralisation and the potential to identify a commercial resource of not only Gold, but also for critical minerals. Using our now established process of detailed mapping and sampling, the Board plans to identify a number of drill targets at Lolworth by the end of this year.

The field team will also commence work at the Hurricane Project, also in North Queensland (see Hurricane project detail in RNS from October 27 2022 here). Work undertaken by previous explorers identified a number of quartz-breccia outcrops of varying widths carrying a broad range of Gold and Antimony values, (antimony is a valuable critical mineral). A 50km²LIDAR aerial mapping survey has just been completed by ECR across the areas containing the quartz-breccia outcrops, which to date have not been drilled. LIDAR can assess the ground through the vegetation and allows the field team to quickly target and test breccia outcrops. ECR Geologists will be on the ground at Hurricane from June 2023 and the Board will report on progress in due course. Subject to satisfactory progress, the first drilling at Hurricane is scheduled for the second half of 2023.

REVIEW OF ANNOUNCEMENT BY QUALIFIED PERSON

This announcement has been reviewed by Adam Jones, Technical Director of Exploration at ECR Minerals plc. Adam Jones is a professional geologist and is a Member of the Australian Institute of Geoscientists (MAIG). He is a qualified person as that term is defined by the AIM Note for Mining, Oil and Gas Companies.

MARKET ABUSE REGULATIONS (EU) No. 596/2014

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals plc		Tel: +44 (0) 20 7929 1010
David Tang, Non-Executive Chairman Andrew Haythorpe, CEO

Email: info@ecrminerals.com
Website: www.ecrminerals.com

WH Ireland Ltd		Tel: +44 (0) 207 220 1666
Nominated Adviser Katy Mitchell / Andrew de Andrade

SI Capital Ltd		Tel: +44 (0) 1483 413500
Broker
Nick Emerson

Novum Securities Limited		Tel: +44 (0) 20 7399 9425
Broker Jon Belliss

Brand Communications		Tel: +44 (0) 7976 431608
Public & Investor Relations
Alan Green

ABOUT ECR MINERALS PLC

ECR Minerals is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, has six licence applications outstanding which includes one licence application lodged in eastern Victoria. (Tambo gold project). MGA is currently drilling at the Bailieston Blue Moon Project (EL5433) and undertaking geochemical exploration on the Creswick (EL6148) project and has an experienced exploration team with significant local knowledge in the Victoria Goldfields and wider region.

ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd (“LUX”) which has three approved exploration permits covering 946 km² over a relatively unexplored area in Queensland, Australia.

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), Mercator Gold Australia Pty Limited has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited.

ECR holds a 90% interest in the Danglay gold project; an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines, which has a 43-101 compliant resource. ECR also holds a royalty on the SLM gold project in La Rioja Province, Argentina and can potentially receive up to US$2.7 million in aggregate across all licences.

APPENDIX 1

Table 1. Drill intercepts containing reportable levels of gold (> 0.1 g/t Au) for the remaining drillholes at the Blue Moon Prospect, Bailieston, Victoria

Drillhole	From (m)	To (m)	Interval (m)	Grade (g/t Au)
BBMDD012	83.2	84.2	1	0.18
BBMDD012	84.2	85.2	1	0.12
BBMDD012	85.2	86.2	1	0.16
BBMDD012	86.2	86.8	0.6	0.32
BBMDD012	86.8	87.4	0.6	0.66
BBMDD012	87.4	88.4	1	0.49
BBMDD012	88.4	89.4	1	0.97
BBMDD012	89.4	90.05	0.65	0.31
BBMDD012	90.05	90.85	0.8	0.18
BBMDD012	90.85	91.2	0.35	0.12
BBMDD012	91.2	91.65	0.45	0.14
BBMDD012	91.95	92.25	0.3	1.26
BBMDD012	93.25	94.35	1.1	0.28
BBMDD012	94.35	95.2	0.85	0.11
BBMDD012	100	100.4	0.4	0.11
BBMDD012	100.4	100.8	0.4	0.12
BBMDD012	102.2	102.95	0.75	0.15

BBMDD013	70.8	71.5	0.7	0.13
BBMDD013	71.5	72.5	1	0.3
BBMDD013	73.5	74.1	0.6	0.15
BBMDD013	74.7	75.4	0.7	0.15
BBMDD013	76.1	77	0.9	0.13
BBMDD013	77.2	78	0.8	0.16
BBMDD013	78	79	1	0.15
BBMDD013	79.95	80.2	0.25	0.15
BBMDD013	81.7	82.7	1	0.23
BBMDD013	82.7	83.7	1	0.12
BBMDD013	83.7	84.4	0.7	1.6
BBMDD013	85.4	86.4	1	0.27

Table 2. Drill intercepts containing reportable levels of gold (> 0.1 g/t Au) for the Brewery Lane diamond drilling, Creswick, Victoria

Drillhole	From (m)	To (m)	Interval (m)	Grade (g/t Au)
CSD015	6.8	7.2	0.4	0.15
CSD015	7.2	7.5	0.3	0.14
CSD015	26.15	27.15	1	0.13
CSD015	27.5	27.95	0.45	0.12
CSD015	27.95	28.15	0.2	0.13
CSD015	28.15	28.3	0.15	0.15
CSD015	29.65	29.95	0.3	0.27
CSD015	29.95	30.3	0.35	0.15
CSD015	36.7	37.05	0.35	0.14
CSD015	40.55	40.8	0.25	0.11

CSD016	75.85	76.1	0.25	0.13
CSD016	94.8	95.8	1	4.29

CSD017	14.7	15	0.3	0.14
CSD017	28	28.3	0.3	0.11
CSD017	34.5	34.7	0.2	0.12
CSD017	68.9	69.2	0.3	0.34
CSD017	87.9	88.7	0.8	0.67
CSD017	101.55	101.85	0.3	0.8
CSD017	105.4	106.15	0.75	0.24

CSD018	3.1	3.3	0.2	0.25
CSD018	11.4	12	0.6	0.39
CSD018	12.5	13	0.5	0.26
CSD018	13	13.5	0.5	0.33
CSD018	20.9	21.6	0.7	0.22
CSD018	23.6	24.2	0.6	0.63
CSD018	38.4	39.4	1	0.12
CSD018	46.8	47	0.2	0.13
CSD018	73.8	74.2	0.4	0.15
CSD018	89	89.4	0.4	0.12
CSD018	97.1	97.4	0.3	0.16
CSD018	100.6	101.8	1.2	0.13
CSD018	101.8	102.1	0.3	0.13
CSD018	118	118.75	0.75	0.18
CSD018	118.75	119.1	0.35	1.3
CSD018	119.1	120	0.9	0.11
CSD018	120	120.5	0.5	0.19
CSD018	121.6	122	0.4	0.11
CSD018	122	123	1	0.18
CSD018	127	128	1	0.14

ECR Minerals #ECR CEO Interview – Alan Green talks to Craig Brown

22nd April 2021 / Leave a comment

Brand Comms CEO Alan Green talks to ECR Minerals #ECR CEO Craig Brown about the company’s flagship gold exploration projects in the heart of Australia’s Victoria Goldfields.

Craig talks about the recent placing to raise a further £2m with Novum Securities at 2.2p, and elaborates on the rationale behind it, before discussing the initial drilling results at the Bailieston Historic Reserve 3 prospect, that led to a fall in the share price despite identifying gold and gold mineralisation.

We look at slides from the current company presentation, and examine the scale of the operations and historic gold grades from the other Bailieston prospects including Blue Moon, Black Cat, HR4 (Cherry Tree, Cherry Tree South) and Yellow & Red Moon.

We move to Creswick and discuss the Dimocks Main Shale geological feature, the historical (2019) grades, license applications and JV implications and the upcoming drilling campaign. Craig then updates on the Tambo Project, and the connection with ECR’s Head Geologist Dr Rodney Boucher before we discuss the Bendigo HQ operation.

Alan and Craig then summarise by looking at the current company valuation vs. assets and work underway.

ECR Minerals #ECR – CEO Craig Brown talks to Alan Green

5th March 2021 / Leave a comment

Brand Comms CEO Alan Green talks to ECR Minerals #ECR CEO Craig Brown about the company’s flagship gold exploration projects in the heart of Australia’s Victoria Goldfields. Taking slides from the latest company presentation, Craig talks about ECR’s wholly owned drill rig, HQ at Bendigo and the £4m funding and extra cash resources owned by the company. We look at the Creswick Gold project located close to the Ballarat Gold Mine before discussing this year’s production numbers at the Fosterville goldmine and how they might compare to assay results and ore grades currently being drilled at the Bailieston HR3 target. Craig looks at Black Cat, Cherry Tree and other targets at Bailieston, before we move onto the blue sky potential at the Tambo Project, and the connection with ECR’s Head Geologist Dr Rodney Boucher. We end with some takeaway points for investors.

USD28tn COVID bill keeps the Gold bull case intact for ECR Minerals #ECR and the new Victoria Gold rush.

23rd November 2020 / Leave a comment

In October 2020 IMF economic counselor *Gita Gopinath described coronavirus as the worst crisis since the Great Depression, adding that the pandemic would leave deep and enduring scars from job losses, weaker investment and children being deprived of education.

In its flagship world economic outlook, the IMF said stronger than expected Q2 and Q3 performances would see global output fall by 4.4% in 2020 compared with the 5.2% drop forecast during the summer.

The groundbreaking news of a vaccine with high efficacy rates from both Pfizer and Moderna triggered strong rallies in global stock markets, and while this led to a downward correction in the gold price, most market analysts remained bullish on gold over the longer term.

US Investment Group Energy & Capital are of the view that gold remains in a bull market super cycle. Energy & Capital editor, Gold bug, and investment analyst Luke Burgess said “The historic gold run of 2011 actually began in 2001, when gold was trading around $300 per ounce.”

“The same exact gold super-cycle happened in 1971–1980, when gold ran from $50 per ounce to almost $700,” Burgess added. “The value of the U.S. dollar is being weakened every day and there is nothing that the Federal Reserve or politicians can do to stop it. This will continue to have a tremendous effect on gold prices and the gold market in general.”

Energy & Capital are ultra bullish in outlook, with a $6500oz target price for the yellow metal within 2 years. While other commentators are more circumspect, the view on the longer-term trend is clear.**

“It is worth recalling that the driver of investment flows into precious metals has ultimately been sourced from a powerful impulse lower in real rates,” TD Securities said in a note.

“The U.S. Federal Reserve’s continued attempt to spark higher inflation expectations should suppress real rates deeper into negative territory. This will continue to drive investment appetite for precious metals, as capital seeks to shelter itself from increasingly negative real rates.”

Junior Gold Miners Flourish

It has been an extraordinary year for junior gold miners. Despite the recent gold correction to $1860oz, global gold producers are under more pressure than ever to replace their depleting reserves. The major gold producing conglomerates face declines in production, shrinking reserves and a potential increase in production costs, which means it is cheaper (and faster) for these companies to buy developed or developing gold projects.

As a result, there has been a rush to develop and fast track quality assets, which for some junior miners has meant revisiting dormant mining projects. The latest tools, survey techniques and desktop assets available to mining engineers have proved invaluable in the search for precious metals within existing dormant assets and mines around the world.

As gold prospecting continues apace in far flung and remote areas, this year has seen the goldfields in Victoria, South Australia thrust into the limelight once again.

A major mining centre since the 19^th century gold rush, modern technology has today has paved the way for another gold rush in the region.

Indeed the Geological Survey of Victoria estimates that some 75 million ounces of high-grade gold is currently awaiting discovery, and with grants available to mining companies operating in the region, it is no exaggeration to say that companies are literally queuing up for licenses.

As an incumbent operator owning some of the most fertile territory in Victoria, London listed ECR Minerals (LSE: ECR) is already at the front of the queue, with its 100% owned Bailieston and Creswick Victoria gold projects, plus the recently acquired Tambo Gold project.

ECR also has financial interests in the Avoca, Moormbool and Timor projects following the sale of those licenses to Fosterville South Exploration Ltd (TSX.V:FSX), raising $500,000 plus $1 for every ounce of gold discovered. ECR also has interests in projects in the Philippines and Argentina.

Creswick

Creswick is situated within the Dimocks Main Shale, a geological feature considered to be highly prospective for gold, and which extends to the Ballarat gold mine centre and further south. ECR’s exploration licenses cover approximately 7km of this region, and along with several other mining companies with licenses in the region, has applied for a further license covering a further 140 sq km between Creswick and Ballarat.

A recent study by pre-eminent consulting geochemist Dr Dennis Arne, whose experience includes extensive consultancy at the Fosterville mine, (now the largest gold producer in Victoria), underlined the significant gold exploration potential at Creswick, and ‘nuggety gold mineralisation’. Joint venture / earn-in talks are continuing at Creswick.

Bailieston

Bailieston is also at the centre of the current gold exploration boom in Victoria, sited as it is a few km east of the world class Fosterville mine. Fosterville has delivered spectacular investment returns over recent years for owner Kirkland Lake Gold, not to mention some of it’s now millionaire shareholders.

The Bailieston license areas include a raft of prospects, including HR3, Black Cat, Cherry Tree, Red Moon and Yellow Moon, and with drilling permissions now received, the company reported last Friday that its newly acquired drilling rig will shortly be en route to the HR3 prospect from ECR’s new operational base at Bendigo. Work also continues apace at the Cherry Tree prospect, with soil geochemistry and geological mapping recently completed.

ECR’s Baillieston project also has a high profile neighbour in the form of mining giant Newmont, which has a license application in for ground immediately to the north of ECR’s Black Cat prospect.

Tambo Gold Project – Local Knowledge

One of the key advantages lies in the fact that ECR’s principal geologist Dr Rodney Boucher was born and raised in Bruthen, East Victoria, and therefore has an intimate knowledge of the region. In September 2020, this area knowledge was further employed by ECR when it lodged two new license applications for the new Tambo gold project in eastern Victoria. ECR CEO Craig Brown highlighted Dr Boucher’s knowledge in the stock exchange press release.

“Good quality exploration ground available for direct application is very difficult to find in Victoria, so we are very pleased to have identified and applied for the Tambo project, which covers a sizeable area of prospective geology near historic goldfields and has received little contemporary exploration.”

Brown added “Our principal geologist, Dr Rod Boucher, was born and raised nearby in Bruthen. He grew up gold prospecting with his father throughout the application areas and has an in-depth knowledge of the gold potential in the small streams and gullies. He is a descendant of gold miners from a locality once known as Boucher Town between Cassilis and Swifts Creek and completed his third-year undergraduate thesis on the geology of the Tambo Crossing area.”

Untapped Potential

There is a sense that despite the rush of license applications in the region, the current day Victoria gold rush is still very much in its infancy.

As other leading mining companies, including Newmont Corporation (NYSE: NEM), Power Metal Resources (LSE:POW), Red Rock Resources (LSE:RRR), Fosterville South and a host of other smaller mining groups queue for licenses, their respective CEO’s will no doubt be harbouring ambitions for a Kirkland Gold–esque share price explosion. Indeed, Kirkland’s share price has rocketed over 2,200% in the past few years thanks to its ownership of the Fosterville Gold Mine and a 315% jump in annual gold production between 2014 and 2018 .

Despite movement restrictions in the Victoria region due to Covid-19, the foresight of the ECR board and CEO in securing the key licenses has not been lost on investors.

Following a further £600,000 fundraise in July, and further £400,000 from warrant exercises, ECR took the decision to acquire it’s own diamond drilling rig to press on with exploration Bailieston and Creswick. Investor bulletin boards are agog with anticipation, but despite the share price having nearly trebled between June and September 2020, in November the stock still trades on a ridiculously modest £13m market cap.

If, as all the pundits seem to be saying, we are at the start of a new Victoria Gold rush, then expectations that shares in small, incumbent explorers like ECR will deliver spectacular Kirkland-style increases in value may not be so far fetched after all.

*Source The Guardian: https://www.theguardian.com/business/2020/oct/13/imf-covid-cost-world-economic-outlook

**Source Reuters:

https://www.reuters.com/article/global-precious/precious-gold-holds-tight-range-as-vaccine-progress-offsets-rising-cases-idUSL4N2I43M1

ECR Minerals #ECR – Tambo Gold Project, Eastern Victoria, Australia

24th September 2020 / Leave a comment

ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to announce that its wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) has applied for two new exploration licences in eastern Victoria, Australia. The licences, which are contiguous, will comprise the Tambo gold project.

HIGHLIGHTS

Two new exploration licence applications lodged in eastern Victoria: EL007484 (410 sq. km) and EL007486 (318 sq. km), to comprise the Tambo gold project;
Applications cover portions of the historic Swifts Creek/Omeo and Haunted Stream goldfields that have recorded historical gold production of 205,000 and 25,000 oz respectively, according to figures published by the Geological Survey of Victoria;
Project area prospective for orogenic reef gold and additionally for intrusion-related gold & base metal systems.

Craig Brown, Chief Executive Officer of ECR, commented:
“Good quality exploration ground available for direct application is very difficult to find in Victoria, so we are very pleased to have identified and applied for the Tambo project, which covers a sizeable area of prospective geology near historic goldfields and has received little contemporary exploration.

Our principal geologist, Dr Rod Boucher, was born and raised nearby in Bruthen. He grew up gold prospecting with his father throughout the application areas and has an in-depth knowledge of the gold potential in the small streams and gullies. He is a descendant of gold miners from a locality once known as Boucher Town between Cassilis and Swifts Creek and completed his third-year undergraduate thesis on the geology of the Tambo Crossing area.”

ABOUT THE TAMBO PROJECT AREA

A map of the Tambo project area showing the location of the applications (Fig. 1a) and their geological setting (Fig. 2a) can be viewed at:

https://www.ecrminerals.com/images/2020/09/21/tambo_ela_f1_location_goldfields.jpg

https://www.ecrminerals.com/images/2020/09/21/tambo_ela_f2_geology.jpg

Geologically, the majority of the project area has exposed prospective basement including granites (Fig. 2a). In the past, the area has been mostly explored by smaller companies and individuals and has not received thorough exploration with modern techniques.

The project area falls within the area of a large airborne gravity survey which the Victorian State Government plans to commence in late 2020. The data from this survey, when published, is expected to generate new insight into the geology of eastern Victoria, including the Tambo project area.

The application areas are mostly covered by private land (EL007484) and Crown land (EL007486) respectively. Good access to the application areas is possible via tracks off the Omeo Highway that runs the length of the project area.

EL007484
The application area includes a portion of the historic Swifts Creek/Omeo goldfield that includes gold production centres at Omeo, Cassilis and Brookville. The goldfield has recorded total historical production of 205,000oz (see source below), approximately half of which was primary gold. Primary mineralisation at Cassilis is orogenic reef gold and MGA intends to explore for this style of mineralisation along the Ensay and Cassilis shear zones that cross the application area.

EL007486
Much of the application area is depicted to be covered by the historic Haunted Stream goldfield that has recorded historical production of 25,000oz gold (see source below). The small production from the tenement area is mostly from remnant patches of gold-bearing alluvial terraces, some of which have continued to be mined in recent decades. The source of the alluvial gold may be from the Stirling area, although there is potential for reef sources either at surface or at shallow depths within the tenement area.

The application covers the Mount Elizabeth caldera and accompanying intrusives. This region is prospective for mineralisation above the deeper intrusion and associated with the ring faults (Fig. 2b). Similarly, roof pendants in the Tambo Crossing granodiorite/tonalite indicate it has not been deeply exhumed. In contrast, Victoria’s intrusive systems are typically eroded to deeper levels so the opportunities to explore for deposits near the tops of these systems do not usually exist. There is great variability in the timing and chemistry of the granites in the Mt. Elizabeth area resulting in highly prospective mineralising host rocks.

Figures for historical gold production referred to in this announcement are from the following source: Willman, C. E., Morand, V. J., Hendrickx, M. A., VandenBerg, A. H. M., Haydon. S. J. & Carney, C., 1999. Omeo 1:100,000 map area geological report. Geological Survey of Victoria. Report 118, p253.

Review of Announcement by Qualified Person
This announcement has been reviewed by Dr Rodney Boucher of Linex Pty Ltd. Linex Pty Ltd provides geological services to Mercator Gold Australia Pty Ltd, including the services of Dr Boucher, who has a PhD in geology, is a Member and RPGeo of the Australian Institute of Geoscientists and is a Member of the Australasian Institute of Mining and Metallurgy. Dr Boucher is a Qualified Person as that term is defined by the AIM Note for Mining, Oil and Gas Companies.

MARKET ABUSE REGULATIONS (EU) No. 596/2014
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals plc		Tel: +44 (0)20 7929 1010
David Tang, Non-Executive Chairman
Craig Brown, Director & CEO
Email: info@ecrminerals.com
Website: www.ecrminerals.com

WH Ireland Ltd		Tel: +44 (0)161 832 2174
Nominated Adviser
Katy Mitchell/James Sinclair-Ford

SI Capital Ltd		Tel: +44 (0)1483 413500
Broker
Nick Emerson

ABOUT ECR MINERALS PLC
ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia.

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX), ECR has the right to receive up to A$2 million in payments subject to future resource estimation or production at those projects.

ECR has earned a 25% interest in the Danglay gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines, and holds a royalty on the SLM gold project in La Rioja Province, Argentina.

I would like to receive Brand Communications updates and news...

Tag Archives: Tambo Gold Project

Recent Posts