Announcement • Aug 19
ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £0.88625 million. ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £0.88625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 506,428,572
Price\Range: £0.00175
Transaction Features: Subsequent Direct Listing Announcement • Aug 10
ECR Minerals plc has filed a Follow-on Equity Offering in the amount of £0.63625 million. ECR Minerals plc has filed a Follow-on Equity Offering in the amount of £0.63625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 363,571,430
Price\Range: £0.00175
Transaction Features: Subsequent Direct Listing Announcement • Aug 05
Ecr Minerals Commences Major Multi-Phase Reconnaissance Mapping and Target-Generation Programme At Tuckanarra Gold Project ECR Minerals plc announced the commencement of a major multi-phase reconnaissance mapping and target-generation programme across its 80%-owned Tuckanarra Gold Project in Western Australia. The programme will be undertaken in collaboration with the Australian Prospectors and Leaseholders Association, with members conducting systematic reconnaissance across the project. The programme is expected to generate extensive geological observations and exploration data, with the first phase being undertaken at no additional direct cost to the Company. One of the largest reconnaissance mapping and target-generation programmes ever undertaken at the Tuckanarra Project. Initial two-week field programme commencing later this month, involving approximately eight experienced exploration field personnel, following up on earlier work that has already identified multiple priority target areas, including one location where more than 100 small gold nuggets have been previously recovered in close proximity to a historic mine shaft. A significantly expanded second phase is planned for March 2027, with up to 80 experienced field personnel expected to undertake a systematic two-week reconnaissance programme across the Project. Programme expected to accelerate target generation and geological understanding across this highly prospective goldfield. Complements ECR's ongoing geological mapping and Deep Ground Penetrating Radar exploration programme at the Tuckanarra Project. First phase of initiative to be undertaken at no additional direct cost to ECR. The reconnaissance operation will commence with an initial field campaign during August 2026, followed by a significantly expanded second phase programme scheduled for March 2027. The March 2027 programme is expected to involve up to 80 experienced field personnel undertaking systematic reconnaissance across the Tuckanarra Project over a two-week period. The programme has been designed to maximise geological coverage across the Tuckanarra Project and is expected to include systematic geological mapping, identification and recording of historical mine workings and mineralised outcrop, GPS recording of significant geological features, reconnaissance sampling where appropriate, detector reconnaissance in prospective areas, and identification and prioritisation of new exploration targets for follow-up by ECR's technical team. The Company expects for the programme to generate a substantial volume of geological observations across the Tuckanarra Project, providing valuable data to refine geological models, improve understanding of mineralised trends and prioritise future exploration activities. The reconnaissance programme forms part of ECR's broader exploration strategy for Tuckanarra and complements the Company's previously announced exploration plans, including geological mapping, detector reconnaissance and Deep Ground Penetrating Radar investigations, targeting both primary gold mineralisation and buried paleochannel systems. The Tuckanarra Project occupies a highly prospective position adjacent to Odyssey Gold Ltd.'s reported 407,000-ounce JORC gold resource, with interpreted extensions of the same favourable geological sequence extending onto ECR's tenure. Previous work has also identified significant potential for paleochannel-hosted gold within the Tuckanarra Project area, which is supported by historical drilling adjacent to the license boundary and confirmed by a ground penetrating radar survey passing into the Company's license area, plus geophysical interpretation highlighting multiple untested targets across the Tuckanarra Project. The Company believes the addition of this large-scale reconnaissance programme will significantly enhance its understanding of the Tuckanarra Project while accelerating the identification of priority targets for future geophysical surveys, trenching and drill testing. The initial reconnaissance programme is expected to commence during August 2026, with a larger field campaign planned for March 2027. Following completion of each programme, geological observations and field data will be integrated with ECR's existing exploration datasets, including Deep Ground Penetrating Radar results, to refine exploration models and prioritise follow-up work. The Company believes that the programme represents a highly capital-efficient means of accelerating exploration across one of the most prospective assets within its Australian gold portfolio. This announcement has been reviewed by Michael Parker, Non-Executive Director of ECR Minerals Plc. Michael Parker has a BSc. in Mining Geology and is a professional geologist and is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). He is a qualified person as that term is defined by the AIM Note for Mining, Oil and Gas Companies. 
