Tillkännagivande • Jun 11
ECR Minerals plc Completes Drone Lidar Survey And Implements Plant Optimisation Programme At Raglan Gold Project ECR Minerals plc has completed several initiatives in recent weeks which gives it confidence that more consistent gold production and recovery outcomes can be achieved from the project. Drone Lidar survey completed across the Raglan Project area, with data analysis and interpretation now underway to support mine planning, identify additional palaeochannel targets and seeking to enhance future production activities. Independent alluvial gold specialist with more than 30 years' industry experience engaged to review mining and processing operations at Raglan. Plant optimisation programme now in place to enhance gold recovery and operational efficiency. The Company is pleased to confirm that a drone Lidar (Light Detection and Ranging) survey was completed by Victorian Geology and Survey Solutions across the Raglan Project area during May 2026. Processing and interpretation of the survey data is currently underway. The Board believes that the survey has the potential to significantly improve ECR's understanding of historical drainage systems, palaeochannels and mining targets across the project area. The interpreted data is expected to assist future mine planning, identify additional mining opportunities and support production scheduling activities. Mining operations to date have already identified areas with potentially higher gold grades, specifically gullies into the main stream which can act as traps for alluvial gold. The survey therefore forms an important component of the Company's ongoing efforts to optimise mining operations and maximise the broader potential of the Raglan Project. Since acquiring the Raglan Project, the Company has focused on operating the processing plant and mobile mining fleet, establishing mining operations and developing a detailed understanding of the alluvial system. As part of this process, ECR recently engaged an independent alluvial gold specialist with more than 30 years of operational experience in the alluvial mining sector in Australia to undertake a comprehensive review of both Raglan's processing plant and mining methodology. The review identified several adjustments to optimise gold recovery across the processing circuit. These included improvements to gravity recovery systems, water management, jig performance and overall plant calibration. Based on initial analysis, the Board believes that this optimisation programme can increase the recovery potential at the Raglan Project. The independent review also included a detailed assessment of mining operations and interpretation of the alluvial system. Priority target areas have been identified within ECR's existing phase 1 mining plan and activities are now being directed towards these zones which, based on ground analysis, are believed to represent favourable sections of the historical river channel system. In time, the findings from the Lidar data will also be integrated, with a view to further enhancing the operation's efficiency. New Risk • May 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.30m (US$9.80m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£7.30m market cap, or US$9.80m). Minor Risk Currently unprofitable and not forecast to become profitable next year (UK£1.2m net loss next year). New Risk • Mar 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.24m (US$9.72m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 1.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£7.24m market cap, or US$9.72m). Minor Risk Currently unprofitable and not forecast to become profitable next year (UK£1.2m net loss next year). Tillkännagivande • Mar 05
ECR Minerals plc, Annual General Meeting, Mar 27, 2026 ECR Minerals plc, Annual General Meeting, Mar 27, 2026. Location: the offices of allenby capital limited, 5th floor, 5 st helens place, c3a 6ab, london United Kingdom Tillkännagivande • Feb 12
ECR Minerals plc Announces Results of an Internal Site Analysis of Its 100% Owned Raglan Alluvial Gold Project in Central Queensland ECR Minerals plc announced the results of an internal site analysis of its 100% owned Raglan alluvial gold project in central Queensland (the "Raglan Project"). The analysis defines an initial Phase 1 mine plan focused on a clearly delineated section of the historic river system and the Board considers that it illustrates the potential for attractive near-term economics, while highlighting significant scope to expand mining activities in future phases. Initial mineable area identified along the main historic river channel, forming the basis of the Company's Phase 1 mining plan. Internal analysis, which the Board considers conservative, indicates potential to recover approximately 938 ounces of gold in Phase 1 over a multi-year period, which would have an illustrative gross in-situ value of approximately AUD 7 million at prevailing gold prices. Indicative revenue over the coming years represents a multiple of approximately seven times the Raglan Project acquisition price, based solely on the initial Phase 1 mine plan. Phase 1 a nalysis excludes side creeks, extensions, deeper gravels and optimisation opportunities, which represent potential upside for future mining phases. Initial Mining Plan - Phase 1 below illustrates the area currently identified by the Company as mineable under the initial mining plan. The plan follows the main historic riverbed through the Raglan Project area. Dark blue represents the area targeted for mining; Green shows areas previously trenched by historical operators. The proposed mineable area defined at this stage comprises approximately 162,000 m2. Assuming gold-bearing gravels extend to an average depth of 1.5 metres, the initial plan would cover approximately 243,000 bank cubic metres of material, which ECR would intend to mine and process over a multi-year period. Using what the Board considers to be a conservative average grade of 0.12 grammes per bank cubic metre, derived from all test work completed to date (including lower-grade material), the Phase 1 mining area is illustratively estimated to contain approximately 938 ounces of gold. At current gold prices, this would equate to an indicative gross in-situ value the company's Phase 1 mining plan and has not been verified or validated by any third parties. The Directors consider that the analysis is intentionally conservative and based on the following assumptions: The average grade used reflects all test results to date, including lower-grade material and the analysis assumes that this is representative across the Phase 1 mining area; Gold-bearing gravel depth is expected to vary across the project area and the analysis assumes that an average depth of 1. 5 metres is representative across the Phase 1 Mining area, to provide approximately 243,000 bank cubic meters of material for processing; The analysis assumes that a minimum gross gold price of AUD 7,150 per ounce will be achievable over the multi-year period required to mine and process 243,000 bank cubic metres the Phase 1 mining area; Previously mined areas are assumed to contain no recoverable gold; No allowance has been made for side creeks, extensions along strike, deeper gravels or optimisation of mining methods. The analysis is based on internal operational planning work and does not constitute a mineral resource or reserve estimate, or a resource update in accordance with the AIM Note for Mining, Oil and Gas Companies (the "AIM MOG Note"). In addition, nor was any analysis prepared to the standards set forth in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves ("JORC") or prepared in accordance with any other appropriate internationally recognised reporting standard ("Standard") for mineral resources and reserves as set out in the AIM MOG Note. Clear Path to Expansion; Importantly, the work completed to date represents only the initial phase of mining planned at the Raglan Project. These test pits are expected to provide additional insight into gravel depth variability, grade distribution and potential extensions to the current mine plan, whilst generating cash flow. As mining progresses and operational data is gathered, ECR expects to refine and potentially expand the mining footprint over time, with the objective of extending mine life, increasing prospective annual gold output and enhancing overall returns from the Raglan Project. ECR's Chairman, the objective of the Raglan Project. Tillkännagivande • Feb 05
ECR Minerals plc Provides Update on Its Raglan Alluvial Gold Project in Queensland ECR Minerals plc provided an update on its Raglan alluvial gold project in Queensland. The Company has met with and identified a proposed offtake partner for gold production from the Raglan Project. Members of ECR's board of directors have visited the Proposed Offtake Partner's processing and refining facility, undertaken discussions regarding commercial terms and operational processes and completed site-level due diligence. Formal documentation and contractual agreements in respect of the Proposed Offtake Agreement are now being progressed and are expected to be finalised this month. The Board believes that this Proposed Offtake Agreement represents a clear and practical route to market for gold produced at the Raglan Project. ECR has also separately completed an internal valuation assessment for insurance purposes of the plant, equipment and site infrastructure at the Raglan Project. This process covered the wash plant, gold room, mobile mining fleet, power generation, camp facilities and associated infrastructure. The replacement value, on a like-for-like basis, of the plant and equipment has been assessed at approximately AUD 1.9 million, materially exceeding the consideration paid by ECR for the Raglan Project. This is considered by the Board to be further validation of the Raglan Project acquisition and, importantly, demonstrates the quality of the Raglan Project's facilities. With an experienced operating team in place, an identified proposed offtake pathway and a mining lease covering approximately 300 acres, the Board considers that the Raglan Project is entering mining and production with a high level of operational and commercial confidence. Discussions in relation to the Proposed Offtake Agreement remain early stage and therefore there can be no certainty that final binding terms will be agreed, nor as to the timing or final terms, value or any conditions of the Proposed Offtake Agreement. Further updates will be provided in due course. Tillkännagivande • Jan 27
ECR Minerals plc Announces Implementation of Production Plan At the Raglan Alluvial Gold Project ECR Minerals plc announced that it is implementing its production plan at the Raglan alluvial gold project (the "Raglan Project") this week, marking a key step as the Company prepares to enter initial gold production. The Company has profiled the site and identified priority locations for initial trenching. These areas will be worked at successive depths as part of a broader programme designed to determine where gold grades are highest before progressing upstream across the property. In parallel, ECR will re-analyse previously worked ground, particularly at deeper levels, where the Board believes - consistent with outcomes at the nearby Blue Mountain Project - that recoverable gold remains in situ. During the early stages of production at the Raglan Project, the operating team will assess and optimise the configuration of mining equipment, particularly the wash plant. The objective is to maximise daily throughput while maintaining a high level of gold recovery. The Company's Blue Mountain Project has been independently tested and demonstrated a recovery rate of 91.7% gold into 0.40% of the mass, and part of the coming work programme will be aimed at assessing whether Raglan will achieve a comparable recovery rate performance. Chairman Nick Tulloch and Directors Andrew Scott and Chris Gibbs will be meeting in Queensland later this week to oversee the initial stages of mining and production activities at the Raglan Project. During the visit, the Board members will meet with the operating team, review production progress based on early grade observations and meet with a prospective off-taker for gold production from both Raglan and Blue Mountain. This milestone will coincide with exceptionally strong recent precious-metal prices, with gold currently trading above USD 4,988 per ounce and silver having recently moved through USD 100 per ounce, providing a highly favourable market backdrop as ECR enters its production phase. The Raglan Project is a fully permitted, turnkey alluvial gold project located in central Queensland and held under Mining Lease ML 3665. The project includes a near-new 60 tonne-per-hour wash plant, gold room, water supply, accommodation camp and mobile mining fleet, enabling prompt mobilisation and a low-capex pathway to production. With the operating team secured and all key infrastructure already on site, Raglan is expected to deliver ECR's initial gold production and near-term early cashflow. The project also provides a foundation for shared operational capability and equipment utilisation across the Company's nearby Blue Mountain alluvial gold project. The Board considers that Raglan's anticipated operating parameters are consistent with other producing alluvial mines in Queensland, where commercial production is achieved even at relatively modest grades, particularly in the current gold price environment. The Company's subsidiary that owns the Raglan Project has been renamed ECR Minerals (Raglan) Pty Limited, aligning it with the branding of the Company's other Australian subsidiaries. New Risk • Jan 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 8.0% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£7.40m market cap, or US$9.92m). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Shareholders have been diluted in the past year (21% increase in shares outstanding). Tillkännagivande • Jan 08
ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £1.5 million. ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 576,923,068
Price\Range: £0.0026
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 07
ECR Minerals plc Secures an Experience Team to Commence Initial Mining Operations at its Raglan Alluvial Gold Project in Queensland ECR Minerals plc announced that the Company has secured an experienced team to commence initial mining operations at its Raglan alluvial gold project in Queensland (the "Raglan Project"). With the operating team secured, and all site infrastructure, wash plant and mobile fleet already onsite, ECR now expects initial gold production before the end of January 2026, marking the Company's transition into a revenue-generating gold producer. This development follows completion in December 2025 of ECR's acquisition of the Raglan Project, a fully permitted, turnkey alluvial gold mining project. The Raglan Project (ML 3665) is a fully permitted alluvial gold mining operation located in central Queensland, Australia. Recently acquired by ECR Minerals, the Raglan Project includes a near-new 60 tonne-per-hour wash plant, a fully equipped gold room, established water supply, accommodation camp, mobile mining fleet and complete site infrastructure, providing a true turnkey mining solution. Positioned within an established gold-producing district, the Raglan Project potentially offers a low-capex, rapid pathway to production. The Raglan Project is also strategically located close to ECR's Blue Mountain alluvial project, enabling potential operational synergies across the Company's growing Queensland hub. Tillkännagivande • Dec 15
ECR Minerals plc Reports Highly Encouraging Set of Alluvial Drilling Results from Its Blue Mountain Project in Central Queensland ECR Minerals plc reported a highly encouraging set of alluvial drilling results from its Blue Mountain Project ("Blue Mountain") in Central Queensland. These drilling results continue to strengthen the case for near-term, low-cost alluvial gold production, with the drilling results confirming visible coarse gold and the expansion of multiple unmined gold-bearing creek flats. Visible coarse gold recorded in multiple drill samples from the newly identified Upper Kariboe Creek alluvial flat. Continuity of mineralisation now mapped across approximately 250 metres of strike, with widths ranging from 6 to 35 metres. Grades exceeding the 0.15 g/b.c.m cut-off returned via 19 intersections, including standout results up to 6.52 g/ss.c.m, typically indicating the presence of nuggety near-source gold. Wash-plant trial work at the Lower Patterson area continues to demonstrate practical mining grades averaging 0.35g/b.c.m, considered favourable to grades in operating alluvial mines across North Queensland. Multiple areas now identified as potential start-up gold production zones, including Lower Patterson, Upper Kariboe, Windmill and Roan Colt. ECR's Chief Geologist, Adam Jones, commented: " These are some of the most encouraging alluvial results we've seen from Blue Mountain to date. We set out to understand the gold trail and the host gravels, but the results are now giving a clear picture of multiple unmined zones that have the potentiual to translate into a near-term alluvial production opportunity. The combination of strong drill grades, visible gold and the successful wash-plant trials at Lower Patterson is building genuine confidence that Blue Mountain has the scale and quality to support a commercially viable start-up operation". Summary of Drilling Program: A total of 264 shallow drill holes were completed in August 2025 across the Upper Kariboe and Denny Gully areas. The objective was to identify shallow, mineable alluvial gold deposits suitable for cost-efficient production. Each hole was drilled from surface to bedrock, with samples collected every metre and assessed for gold content, material type and the presence of visible gold. Summary of Drilling Program A total of 264 shallow drill hole were completed in August 2025 across The Upper Kariboe and D Kenny G Fully areas. The objective was to identified shallow, mineable alluval gold deposits suitable for cost- efficient production. Each hole was drilling from surface to bedrock, with sample collected every metre and assessed for Gold content, material type and the Presence of visible gold. Tillkännagivande • Dec 02
ECR Minerals plc Announces Assay Results from the Recently Completed Maiden Drilling Programme on the 100% Owned Lolworth Project, North Queensland, Australia ECR Minerals plc announced assay results from the recently completed maiden drilling programme on the 100% owned Lolworth Project, North Queensland, Australia. The Company also provides an update on progress in respect of its other activities. Highlights: Highly encouraging maiden Reverse Circulation drilling programme at the Uncle Terry and Gorge Creek West prospects delivering multiple gold and silver intercepts. Notable shallow intercepts of gold and silver include: 4m @ 7.18 g/t Ag 4m @ 3.33 g/t Ag 2m @ 3.57 g/t Au 5m @ 0.47 g/t Au. Silver mineralisation may be significantly more widespread than the areas drilled based on outcrop mapping and sampling. Results reinforce Lolworth as a high-priority growth project within ECR's portfolio. Blue Mountain assay results expected before mid-December, anticipated to support near-term production momentum. Raglan Project acquisition documentation now agreed in all material respects, with completion expected in December, marking progress toward ECR's first alluvial gold production. Creswick JV negotiations advancing positively, following a successful meeting between the parties. Summary of the Maiden Drilling Campaign at the Lolworth Project A total of 28 reverse circulation drill holes (1,058 metres in aggregate) were completed in September and October 2025 over two gold prospects at the Lolworth Project known as Uncle Terry and Gorge Creek West. This is the first drilling campaign to be completed by an exploration company within this part of the Lolworth Range. Drilling followed up on previous years' rock chip sampling of outcrops, where sporadic Galena (AgPb sulphide) mineralisation had been observed. The Uncle Terry prospect was formally named and discovered by previous tenement holders A.R.I Limited in 1988 where Galena was observed in a quartz outcrop. The original location of the discovery has only been recently identified. The outcrop was initially thought to strike in a north-south direction; however, ECR's recent mapping and drill programme suggests that the vein strikes east-west, dipping to the south. Six drill holes (LWDR001 to LWDR006 and LWDR008 to LWDR009) were initially drilled underneath and down plunge of the original Uncle Terry discovery outcrop. Another six holes (LWDR007 and LWDR010 to LWDR013) were drilled just south of the discovery site to test for mineralisation located underneath sporadic quartz outcrops where previous rock chips of up to 75 g/t Au have been taken. Eight holes (LWDR014 to LWDR021) were drilled underneath a swarm of quartz shear zones located towards the south of the prospect. A total of 1,058 metres were drilled during this maiden campaign. All of the drilling was shallow with a maximum depth of 45 metres. The drilling was shallow with a maximumdepth of 45 metres. Tillkännagivande • Nov 27
ECR Minerals plc Appoints Chris Gibbs to Its Board, Effective November 26, 2025 ECR Minerals plc announced that, further to the Company's announcement of 8 September 2025, Chris Gibbs has been appointed to the board of ECR Minerals (the "Board") with effect from 26 November 2025 as an Independent Non-Executive Director. Chris has been a consultant to ECR since September 2025 and his appointment to the Board forms part of his consultancy arrangements with the Company. Chris brings over 25 years of international mining executive experience, spanning North America, Australia, Europe, Africa and South America. His career includes executive positions with a number of large international mining companies, including Centerra Gold, Placer Dome, Argonaut Gold and Barrick Gold. Chris was the former CEO of ASX-listed American Rare Earths, when it advanced its 2.63 billion tonne Halleck Creek rare earth project and substantially grew its market capitalisation. At American Rare Earths, he was instrumental in its transformation into a development-ready US rare earths company, which substantially increased its market value. At Argonaut Gold, he oversaw the Magino Gold Project from feasibility through to construction and operations readiness. Earlier roles with Centerra Gold, Barrick Gold and Placer Dome involved large-scale mine development, operational turnarounds and cost transformation initiatives across multiple jurisdictions. Chris currently serves as a Non-Executive Director of ASX-listed Godolphin Resources Limited and is a Director of the Critical Minerals Institute. He resides in Queensland, Australia, the state in which ECR's core Blue Mountain and Lolworth Projects are located. Chris will continue to take half of his remuneration in ECR ordinary shares, in line with the rest of the Board in being partly remunerated through equity and aligning their interests closely with those of ECR shareholders. Tillkännagivande • Nov 11
ECR Minerals plc Provides Operations Update ECR Minerals plc provided an update on the next steps following the successful conclusion of its 2025 drilling programme at the Lolworth Gold and Rare Earths Project ("Lolworth") and the Blue Mountain Project ("Blue Mountain") in Queensland, together with a wider update on progress in respect of its other operations and recent activities. The Company's operational focus continues to centre on establishing near-term production at its advanced-stage Queensland alluvial gold projects, while seeking to unlock the large-scale discovery potential across its broader tenement package in one of Australia's most prospective gold provinces. Assay results from drilling at Lolworth and Blue Mountain are expected this month. Visual indicators from wash plant trials at Blue Mountain support plans for commercial production. Legal documentation for proposed acquisition of the Raglan Project are well advanced, with discussions with production partners underway. Creswick JV (defined below) discussions ongoing and the ECR board are assessing opportunities for other tenements. Queensland drilling programme During July and August, ECR drilled almost 400 holes across the Lower Patterson, Windmill and Upper Kariboe Creek areas at Blue Mountain using a reverse circulation drilling rig. Visible gold has been confirmed in multiple zones and preliminary results were announced on 15 September 2025 confirming extensive gold mineralisation in the Lower Patterson area. Samples from the remaining holes have been sent for assay and results are expected this month. The rig then moved to Lolworth where ECR drilled 21 holes at the Uncle Terry prospect and a further seven holes at the Gorge Creek West prospect, to depths of between 30 and 42 metres, during September. Drill samples have now been packaged and recorded and are also with the laboratory for assay. Following completion of activities at Lolworth, the ECR team returned to Blue Mountain where several wash plant trials were conducted to determine the likely gold recovery. The trials were conducted over both high and low grade material and preliminary observations based on visible gold have been encouraging. This supports ECR's theory that there is an element of coarse gold at Blue Mountain which cannot always be reliably picked up from drill samples. Further analysis of the wash plant samples is currently being conducted. Although several results are outstanding, the information to date supports ECR's belief in respect of the commercial opportunity at Blue Mountain. Once all the results are available, ECR intends to submit a mining lease application in the fourth quarter of 2025, as the next step towards production at Blue Mountain and cashflow generation. As announced on 1 October 2025, ECR is proposing to acquire Raglan Resources Pty Ltd. (the "Proposed Acquisition"), the holder of Licence ML 3665 (the "Raglan Project") for a proposed joint venture (the "Creswick JV") covering the Company's Creswick Gold Project in Victoria, Australia. ECR Chairman Nick Tulloch added: "It may have been relatively quiet on the news front for ECR in the past few weeks but, behind the scenes, it has been a very busy period for us. All samples from the Queensland drilling campaigns are now in the laboratory for analysis, as are the outputs from the wash plant trials at Blue Mountain. The administrative tasks of preparing to produce gold, initially at Raglan once this Proposed Acquisition has been completed and then nearby at Blue Mountain, are also well advanced. Tillkännagivande • Oct 19
ECR Minerals plc Announces Successful Drilling Programme at the Lolworth Gold and Rare Earths Project in North Queensland, Australia ECR Minerals plc announced the successful conclusion of its 2025 drilling programme at the Lolworth gold and rare earths project in North Queensland, Australia (the "Lolworth Project"), together with a wider update on progress at its alluvial gold operations at the Blue Mountain project in Queensland, Australia (the "Blue Mountain Project") and its proposed acquisition of Licence ML 3665 (the "Raglan Project"). The Company's operational focus continues to centre on establishing near-term production at its advanced-stage Queensland alluvial gold projects, while unlocking the large-scale discovery potential across its broader tenement package in one of Australia's most prospective gold provinces. Successful completion of drilling at the Lolworth Project, confirming gold and silver-bearing veins at shallow depths. Ongoing wash plant trials and resource modelling at the Blue Mountain Project ahead of a full mining lease application intended to be made in the fourth quarter of 2025 ("Q4 2025"). Proposed acquisition of the Raglan Project (the " Proposed Acquisition") advancing towards completion, with first gold production targeted for fourth quarter of 2025. Pre-completion restructuring to remove surplus assets has reduced the cost of the Proposed Acquisition to AUD 1.01 million plus any applicable GST in cash. Further updates in Fourth Quarter 2025 are expected to include assay results, wash plant trial outcomes and the potential conclusion of the Creswick JV. ECR is finalising its most extensive alluvial gold drilling programme to date, with close to 400 holes completed across the Lower Patterson, Windmill and Upper Kariboe Creek areas. Visible coarse gold has been confirmed in multiple zones. Adam Jones is expected to return to the Blue Mountain Project site next week to pan and weigh more than 150 samples prior to detailed assay testing. These results are expected to feed into the upcoming wash plant trials, which will include selective testing of both high-and-low-grade material to validate the drill results and inform an initial internal resource estimate. Following the conclusion of wash plant trials, and therefore evidence of the extent of the commercial opportunity at the Blue Mountain Project, ECR intends to submit a mining lease application during Fourth Quarter 2025, an important milestone towards near-term production and cashflow generation. The Raglan Project, located near Gladstone, Queensland, represents a fully permitted alluvial gold operation with an existing mining lease and a 60-tonne-per-hour wash plant on site. Pursuant to this restructuring, the parties have also agreed that certain surplus equipment will also be excluded from the Proposed Acquisition and sold separately by the vendors. As a result, a corresponding AUD 90,000 price reduction to AUD 1.01 millionplus any applicable GST in cash has been agreed. Operations at the Raglan Project are targeted to commence during fourth quarter of 2025, providing the Company potentially with immediate production capability - and revenue - while the Blue Mountain Project final planning process and mining lease application progresses. There can therefore be no certainty that final binding terms will be agreed, nor as to the timing or final terms, value or conditions of the Creswick J V. ECR Chief Geologist Adam Jones commented: " The completion of first drilling campaign at the Blue Mountain Project marks a significant step forward for ECR. We've confirmed the presence of gold and silver in multiple vein systems and identified several new mineralised outcrops for follow-up. The visuals are highly encouraging, and theolworth Project continues to show the scale and geological potential to be in the fourth quarter of 2025. New Risk • Oct 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 8.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£5.55m market cap, or US$7.37m). Tillkännagivande • Oct 07
ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £0.1 million. ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £0.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: £0.002 Tillkännagivande • Sep 17
ECR Minerals plc Announces the First Set of Gold Results from Drill Sampling at the Lower Patterson Area Within the Blue Mountain Gold Project, Queensland, Australia ECR Minerals plc announced the first set of gold results from drill sampling at the Lower Patterson area within the Blue Mountain gold project, Queensland, Australia (the "Blue Mountain Project"). Initial drilling results confirm extensive zones of consistent gold mineralisation at the Lower Patterson prospect - an area not previously mined. Peak results include 1m estimated @ 1.14 g per b.c.m and 1m estimated @ 1.07 g perb.m. 17 samples estimated above 0.15 g per b.c. m demonstrating wide continuity across three drilled sections. Results highlight the increasing scale and potential of the gold-bearing gravels at the Blue Mountain Project - particularly as new areas of gold mineralisation are identified. An initial programme of vertical reverse circulation drill hole traverses was completed at the Blue Mountain Project in the Lower Patterson area. Five traverses were drilled, consisting of 36 holes, each having an individual depth ranging from approximately 5 to 12 metres, with a total combined depth of 291 metres. The purpose of this type of drilling is not to recover a representative sample in alluvial terrains but to confirm the presence of gold (visually) followed up by assays to detect very fine-grained gold. Assay results are only indicative of gold content. Each sample was panned down to a representative concentrate of around 100 grammes. These results are considered to highlight the very extensive scale of gold-bearing gravels within the Lower Patterson area. The objective of this initial drill programme was to map out the extent and scale of the mineralised alluvial zones. Based on the results received, the exercise is considered by management to have been highly successful. The distribution of gold particles within the alluvial gravels at the Blue Mountain project is currently not fully known. As drill samples represent small volumes of material, these initial results cannot be used for resource estimation or provide a definitive indication of grade variability until other work has been performed, including follow-up wash plant trials which are designed to determine the true gold content and potentially verify the drilling grades. ECR has drilled two other similar-sized creek flats at the Blue Mountain Project, namely the Denny's Creek and Upper Kariboe areas, with results expected likely in October. The Board believes that ECR is the first company to undertake a modern systematic drilling programme across these alluvial channels, providing detailed information on gold distribution within the gravels. With large volumes of alluvial material present, the Blue Mountain Project offers both near-term production potential and longer-term exploration upside, as the Company continues to assess the broader extent of gold mineralisation across the Blue Mountain Project. Tillkännagivande • Aug 28
ECR Minerals plc Provides an Update on Activities at the Blue Mountain Gold Project in Queensland, Australia and the Company's Upcoming Drilling Programme at theolworth Gold and Rare Earths Project in North Queensland, Australia ECR Minerals plc provided an update on activities at the Blue Mountain gold project in Queensland, Australia (the "Blue Mountain Project") and the Company's upcoming drilling programme at the Lolworth gold and rare earths project in North Queensland, Australia (the "Lolworth Project"). Alluvial drilling completed at the Blue Mountain Project, with visible gold confirmed at the Lower Patterson, Windmill and Upper Kariboe Creek prospects. Coarse, heavy-textured gold identified for the first time at the Upper Kariboe Creek. Trial wash is planned on selected Blue Mountain Project samples to assess potential recovery rates and average grades. Drill rig en route to the Lolworth Project, with first holes targeting the Uncle Terry prospect next week. Blue Mountain Project Drilling Programme The recently completed alluvial drilling programme at the Blue Mountain Project confirmed visible gold across the Lower Patterson, Wind mill and Upper Kariboe Creek prospect. Importantly, coarse and heavy-textured gold was visually identified at the Upper Kariboe™?, the first time such gold has been seen at the Blue Mountain Project. Trial wash testing of selected samples from the three prospects is planned to provide valuable data on potential recovery rates and average grade. Blue Mountain Project, located in the historic North Queensland goldfields, hosts extensive alluvial gold workings along the Kariboe Creek and its tributaries, many of which have seen only limited historic testing. ECR has implemented a systematic drilling programme across these channels to evaluate their potential for modern recovery, complemented by on-site trial washing to seek to verify results. With substantial volumes of alluvial gravels and the capability to conduct in-house processing trials, the Board considers that the Blue Mountain Project offers strong near-term production potential together with significant longer-term exploration upside.olworth Project Drilling Programme The drilling rig is currently en route to theolworth Project and will undergo servicing at Charters Towers before being moved onto site, with arrival expected next week. The first drilling target will be the Uncle Terry prospect, where previous rock chip sampling and mapping confirmed galena, sulphides and high-grade gold assays, including grades of up to 75.6 g/t Au. Drilling will test quartz blow outcrops and shear zones that remain open along strike. The Lolworth Project, also in North Queensland, is a large-scale gold and critical minerals exploration project. Previous sampling has confirmed high-grade gold, silver-lead (galena) mineralisation and rare earth element anomalies across multiple targets. Theolworth Project covers an extensive area of prospective geology that has seen limited modern exploration, despite its strong mineral potential. Drilling at the Uncle Terry prospect will represent the first systematic drill testing at the Lolworth Project and is expected to provide valuable insights into the scale and continuity of mineralisation across the wider project area. Tillkännagivande • Aug 22
ECR Minerals plc Appoints Perry Hothi as A Specialist Consultant Adviser to Its Board of Directors ECR Minerals plc announced the appointment of Perry Hothi as a specialist consultant adviser to its board of directors. This appointment follows the adoption by the Company of a Bitcoin and Digital Asset Treasury Management Policy, as announced on 7 August 2025. Perry Hothi is a seasoned technology executive with experience in Bitcoin mining operations, hardware development and large-scale infrastructure optimisation. Over his career, he has served as Chief Technology Officer for Argo Blockchain, leading the technical strategy of that company, where he was involved in maximising mining efficiency through innovative hardware-software integration, operational streamlining, and advanced power-usage optimisation. He currently works as a blockchain solutions architect for a US point-of-sale solutions provider, where he has contributed to the design and deployment of next-generation Bitcoin mining hardware, energy-management systems and open-source mining solutions aimed at empowering both individuals and enterprises. He has more than a decade of hands-on experience in the Bitcoin mining sector. Alongside other specialists that ECR has already engaged, Perry will work with the Board on the future implementation of the BTC Policy. Tillkännagivande • Aug 18
ECR Minerals plc Provides an Update on Its Ongoing Exploration Activities At the Blue Mountain Gold Project in Queensland, Australia ECR Minerals plc provided an update on its ongoing exploration activities at the Blue Mountain gold project in Queensland, Australia. Alluvial channel drilling programme now three-quarters complete, targeting the upper reaches of the Denny Gully area over a length of 2.5km. Multiple flats intersected containing visible gold, highlighting the potential for significant volumes of gold-bearing gravels. First laboratory assays expected by early September 2025, with additional samples from Denny's Gully in preparation on site. Drilling at the Lolworth gold and rare earths project in Queensland, Australia is now scheduled to commence by the last week of August 2025, after which trial washing of Blue Mountain material will continue. Blue Mountain Project Drilling at the Lower Patterson Area, the lowest point of the current drilling programme, has identified visual gold across a flat measuring approximately 205 metres long by 100 metres wide and in places up to three metres deep. The Board believes that this zone has the potential to host between 35,000 and 40,000 bank cubic metres ("b.c.m") of gold-bearing gravels". Importantly, this area is connected to a series of upstream flats where drilling has also revealed visual gold over a further 170 metres in length by 17 metres wide, at depths of between one and three metres. The Board believes that this upstream section could potentially contain an additional 6,000 b.c.m of gravels. Samples from both the Lower Patterson flat and from the upstream flat have been dispatched to the laboratory for assay, with the first results expected later by early September 2025. In parallel, the Company is preparing a further batch of samples from the lower end of Denny's Gully, where visual gold has once again been observed within the main alluvial channels. Once received, the laboratory results will assist the team in estimating gold grades across the project area. The Blue Mountain Gold Project is located in Queensland, Australia, within the historic North Queensland goldfields. The Blue Mountain Project is characterised by extensive alluvial gold workings along the Kariboe Creek and its tributaries, many of which were only partially tested by historic operations. ECR has established a systematic drilling programme across these alluvial channels to assess their potential for modern gold recovery, supported by on-site trial washing to calibrate and verify results. With the combination of extensive alluvial gravels and the Company's capacity to undertake trial processing, the Blue Mountain Project is viewed by the Board as having strong near-term production potential alongside its longer-term exploration upside. Tillkännagivande • Aug 09
ECR Minerals plc Appoints Mike Parker as Senior Independent Non-Executive Director, Effective 8 August 2025 ECR Minerals plc announced that Mike Parker has been appointed as a director to the board of ECR Minerals (the "Board") with immediate effect 8 August 2025 as Senior Independent Non-Executive Director. Mike has been a consultant geologist to ECR since 2024. Mike has extensive experience in exploration and project development, overseeing projects from discovery through construction to production. He had a 22-year tenure at First Quantum Minerals (FQM) where he held progressively senior country manager positions, and was instrumental in two major copper discoveries: the Lonshi and Frontier mines. He was country manager in the Democratic Republic of Congo (DRC) for FQM, overseeing up to 3,000 staff with two operating copper mines and a mine construction project. Between 2011 to 2017, he was country manager for FQM in Peru, responsible for the design and implementation of FQM's corporate strategy in Latin America, including Argentina and Chile. He oversaw community relations programs and sustainability processes, ensuring that projects complemented community development in remote areas including preparations for resettlement programs. He was responsible for government relations and communications throughout Latin America. He is currently a Director of Aftermath Silver Ltd, a pure-silver exploration play in Chile and Peru and listed in Canada, and Technical Director of Solis Minerals Limited, a critical minerals explorer, focused on South America, with a dual listing in Canada and Australia. At Aftermath Silver, his focus is on the Berenguela deposit with battery metal potential and he leads Solis Minerals' copper exploration programmes. Mike is a fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and member of the Institute of Mining Engineers of Peru (IIMP) and holds a BSc Mining Geology (Honours), University of Leicester. Michael ("Mike") John Parker, aged 61 is, or has during the last five years, been a director or partner of the following companies and partnerships: Current - Aftermath Silver Ltd; Solis Minerals Ltd. and Mining Footprint Ltd. Tillkännagivande • Aug 04
ECR Minerals plc Provides Operations Update ECR Minerals plc provided the following update on its operations and total voting rights. Ongoing preparations at the Blue Mountain Project ECR is leasing a percussion drill rig which will move later in August to the Company's Lolworth gold and rare earths project in Queensland, Australia (the "Lolworth Project"). Taking advantage of the drill rig travelling through Queensland, the Company is carrying out some reconnaissance drilling at the Blue Mountain project in Queensland, Australia. This strategy has paid dividends. With holes circa 6m deep and around 5m apart and drilling time at around 20 minutes per hole, including movement of the drill rig and set up, the Company has been able to quickly drill and assess prospective areas at the Blue Mountain Project. Drill samples are catalogued, panned and inspected for signs of visible gold before sending appropriate samples to the lab for further analysis. By way of illustration, during the past week, ECR has identified and mapped a potentially suitable area considered for future commercial production in the form of a large creek flat. This area, which is previously un-mined, shows positive visible gold in the form of drill chips over an area measuring roughly 200m in length, 27m in width and up to 3m in depth. In addition, this illustrates not only the potential financial scale of the Blue Mountain Project but also the speed at which ECR is able to assess its viability. During last week, ECR's chairman, Nick Tulloch, and chief geologist, Adam Jones, also conducted a review of the Blue Mountain Project to assess the areas to be drilled. With the scale of the Blue Mountain Project area being extensive, management decided to keep the drill rig on site at the Blue Mountain Project for the time being to continue operations. The drill rig will move up to the Lolworth Project later this month. Earlier this year, ECR published an illustration that the Blue Mountain Project may be capable of generating monthly revenues of approximately AUD470,000 (USD295,000).ustrative monthly revenue and production at the Blue Mountain Project Alluvial gold recovery is highly sensitive to the rate at which material can be processed. The above illustration is based on a wash plant with a 25 tonne per hour capacity but the scale of the Blue Mountain project would potentially support a larger plant, subject to a suitable design and the availability of sufficient water. Management will continue to examine the feasibility of such plants and have already had a preliminary discussion with the landowner regarding constructing a dam as part of the project. The Company will keep these opportunities under review whilst it assesses the potential scale of the Blue Mountain Project. Once work has completed at the Blue Mountain Project, ECR's team and the drill rig will move up to The Lolworth Project. At present, the Company anticipates remaining at the Blue Mountain Project until at least the end of this week, but potentially longer to ensure that it fully optimises the use of the drill rig to map out potential resource areas. This has necessarily delayed commencement of drilling at theolworth Project. However, the planned work programme at theolworth Project to drill a series of 40m to 80m holes across four locations at the tenement is unchanged. With ECR's work at the Blue Mountain Project substantially adding to its knowledge of alluvial mining, the team will for the first time assess whether this methodology could also be employed at theolworth Project. The drilling campaign at theolworth Project is likely to take 3 to 4 weeks. Accordingly, it is expected that the drilling campaign will commence in mid-August 2025 and will likely conclude in early September 2025. As with previous work there, ECR will seek to draw on the Company's partnership with the Geological Survey of Queensland and James Cook University, whose respective surveys will provide the Company with further data points across the project area. Tillkännagivande • Aug 01
ECR Minerals plc Announces Stepping Down of Mike Whitlow as Managing Director, Effective 1 August 2025 ECR Minerals plc announced that Mike Whitlow has stepped down as Managing Director, effective immediately (1 August 2025), to focus on his other business commitments. While Mr. Whitlow will no longer serve on the board of directors of ECR, he will continue to support ECR as a consultant, ensuring a seamless transition and providing ongoing strategic guidance. During his tenure, Mr. Whitlow played a key role in revitalising the Company's investor relations programme, successfully leading three fundraising efforts, and overseeing several drilling campaigns, most recently at the Blue Mountain project in Queensland, Australia (the "Blue Mountain Project"). With the Blue Mountain Project advancing towards potential commercial production and, subject to further sampling and testing across the project area, the Blue Mountain Project is expected to be ECR's first revenue-generating asset. Mr. Whitlow's continued involvement with the Company will be invaluable as ECR integrates new projects into its portfolio of operations. As ECR expands its operations, the Company plans to strengthen its management team with additional experienced professionals in the coming months. Tillkännagivande • Jun 19
ECR Minerals plc Provides Queensland Operations Update ECR Minerals plc provided an update on its Queensland operations, with significant progress at the Blue Mountain gold project ("Blue Mountain") and an upcoming drilling programme at the Lolworth gold and rare earths project ("Lolworth"). The Board believes that these developments mark key milestones in advancing the Company's future exploration and production objectives. The Blue Mountain Project is advancing rapidly, with a contracted drilling rig set to be mobilised and moving to site before the end of June 2025. ECR's Chief Geologist, Adam Jones, and the technical team are expected to arrive on site by 23 June 2025 with a fully modified wash plant prototype and are expected to immediately commence operations. This phase will focus on bulk sampling and testing revised wash plant modifications to optimise the Company's future alluvial mining model. This is expected to provide critical data on gold recovery and revenue potential. The drilling programme is specifically designed to test the depth to bedrock to enable a clearer understanding of the project's geological potential. A minimum of 1,500 metres of percussion drilling is planned, using a rig capable of 100 millimetre diameter holes to depths of at least 100 metres. The programme, set to commence in mid-July and conclude in August 2025, will focus on near-surface gold mineralisation up to depths of 70 metres depth, optimising cost-effective intercept density. Previous surface sampling at Uncle Terry returned grades of up to 75.6 g/t Au, with accompanying silver-lead mineralisation. ECR continues its collaboration with James Cook University and the Queensland Geological Department's Critical Minerals division to advance rare earth elements (REE) exploration, with a focus on Niobium-Tantalum mineralisation at Oaky Creek and the ridgeline zone, where past sampling yielded results up to 146 ppm Nb. Historical alluvial mining evidence suggests significant downstream gold potential, which remains untested by modern exploration methods, which the Board believes present a compelling opportunity for exploration. ECR's Chief Geologists, Adam Jones, will present the Company's Queensland portfolio at the regional exploration forum in Charters Towers on 28 June 2025. This event will highlight recent achievements and strategic objectives, reinforcing ECR's growing presence in this historically productive mining region. Corporate Update ECR remains on budget and on schedule across its operations. Importantly, the under-budget completion of the recent Bailieston drilling campaign has provided flexibility to accelerate activities in Queensland. Final results from the antimony drilling programme at Bailieston are expected in the shorter-term. The progress from recent projects is increasing the awareness of ECR in Australia with both prospective counterparties and investors. The company are reinforcing this by renaming two Australian subsidiaries ECR Minerals (Australia) Pty Limited and ECR Minerals (Queensland) Pty Limited as the previous names did not directly identify them as ECR group companies. Tillkännagivande • May 27
ECR Minerals plc Reports Positive Initial Results from Diamond Drilling Programme At the Bailieston Gold and Antimony Project in Central Victoria, Australia ECR Minerals plc reported positive initial results from its diamond drilling programme at the Bailieston Gold and Antimony project in Central Victoria, Australia (the "Bailieston Project"). The programme has confirmed the presence of both gold and antimony mineralisation in two of the first three drill holes completed. A total of approximately 570 metres of drilling has now been completed across four holes (BH3DD044 to BH3DD047). The final hole, BH3DD047, was completed on 27 May 2025 with core samples in the process of being submitted to the laboratory for analysis this week. BH3DD046 returned 0.15m @ 0.84 g/t Au and 1.62% Sb, both from 135.2m. BH3DD044 intersected a 1.6m mineralised zone from 133.0m, including 0.2m @ 3.86 g/t Au and 1.,41% Sb from 133.5m, as well as 0.3m @ 3.09 g/t Au from 133.7m. Visual confirmation of stibnite (antimony sulphide) throughout the drilling interval. Following the Company's announcement on 14 April 2025, a four-hole diamond drilling programme has now been completed at the Company's Bailieston Project. The programme intersected gold and antimony mineralisation In two of the first three holes (BH3DD046 and BH3DD046). The drilling programme thus far has successfully intersected the targeted mineralised structures within three metres of predicted depths, with the structural orientation closely aligning with a previous high-grade intercept in hole BH3DD019, which returned 0.3m at 32% Sb, reinforcing the potential of the mineralised system. However, the quartz vein had pinched out, limiting mineralised potential in that section. Tillkännagivande • Apr 14
ECR Minerals plc Announces Antimony Drilling Set to Commence At the Bailieston Project ECR Minerals plc provided the following update on its ongoing geological investigations targeting principally antimony at the HR3 prospect within the Bailieston Project area in Centr a Victoria, Australia (the "Bailieston Project"). Proposed antimony focused diamond drilling programme to commence this month at the Bailieston Project; Historical soil sampling has identified four in-situ antimony anomalies at the Bailieston project; 72 follow-up rock chip samples were recently collected from around these anomalies; 34 samples returned antimony grades between 0.25% and 1.91%; 42 rock chips also returned gold grades above 1 g/t Au, with channel sampling highlights including 0.3m @ 41.3 g/t Au; Bailieston gold and antimony project; Strong antimony and gold prices have sparked renewed exploration in Victoria's Costerfield Bailieston-Nagambie corridor. Tillkännagivande • Mar 31
ECR Minerals plc, Annual General Meeting, Apr 23, 2025 ECR Minerals plc, Annual General Meeting, Apr 23, 2025. Location: the offices of allenby capital limited, 5th floor, 5 st helens place, c3a 6ab, london United Kingdom Tillkännagivande • Mar 24
ECR Minerals plc Provides Update on Its Ongoing Exploration and Corporate Activities ECR Minerals plc provided the following update on its ongoing exploration and corporate activities. As announced on 3 July 2024, sampling at the Company's Bailieston Project identified a high-grade antimony zone, with hole 19 returning an impressive 32% antimony grade over 0.3 metres and 1.2% antimony over 0.1 metres in hole 27. Holes 43, 34, and 42 are adjacent to this zone. Hole 43, located 50 metres south of the antimony vein, also delivered the Company's best gold drilling intercept to date at the Bailieston Project -four metres at 9 g/t gold. Hole 43 is yet to be followed up with further drilling. Field teams have now successfully completed a rock chip sampling program with results expected to be announced in the coming weeks. Initial Portable X-Ray Fluorescence analysis has identified surface expressions of antimony ("Sb"), consistent with historical workings and mapped shear zones, further reinforcing the Bailieston Project's antimony prospectivity. ECR intends to launch a targeted drilling campaign at the Bailieston project to define the extent of antimony mineralisation, with drilling scheduled to commence in April 2025. Corporate Update ECR continues to evaluate opportunities to optimise value across its asset portfolio. Since the update provided on 28 February 2025, the Company has received additional third-party interest in the tax losses held by Mercator Gold Australia Pty Ltd. ("MGA") and certain non-core assets, excluding the EL5433 licence, which encompasses the Bailieston Antimony project. As previously announced, any disposal of MGA may be considered to be a fundamental change of business pursuant to Rule 15 of the AIM Rules for Companies. If applicable, this would require, amongst other items, the proposed disposal of MGA to be conditional on the consent of the Company's shareholders being given in a general meeting, the publication of a shareholder circular detailing the terms of the transaction and certain other disclosures as set out in the AIM Rules. Any transaction involving the Company's tax losses would likely be coupled with a restructuring of MGA, as indicated in the Company's previous announcements. Queensland, development at the Blue Mountain Gold project continues with technical and geological activities advancing in line with management's expectations. The current focus includes mapping out the optimal trenching location using drones or ground-penetrating radar, ensuring access to water via on-site creeks and implementing water recovery plans. The current development proposal involves a larger wash plant being commissioned, either custom-built or purchased and modified for the Blue Mountain Gold Project, with suitable suppliers identified. A bulk testing campaign will aim to validate the Company's financial modelling before potentially moving to production. The Blue Mountain Gold Project is estimated by ECR to have an indicative revenue potential of approximately AUD470,000 monthly, based on a 0.6 g/BCM grade, a 25 tonnes per hour wash plant, and a gold price of USD 2,790 per ounce. This could potentially increase with dual wash plants and the current higher gold price. The Blue Mountain Gold Project, an alluvial gold system, requires lower capital expenditure compared to other gold projects. The deepest trench was four metres, with the best recovery at 1.5 metres. The estimated costs for the 2025 work programme and wash plant are within management's budget and current cash resources. At Lolworth, ECR has secured a drill rig, with drilling anticipated to commence towards the end of H1 2025. Financial Position ECR remains well-funded, strengthened by the receipt of AUD 225,000 from the recent sale of the Brewing Lane property as announced on 5 March 2025. This strategic divestment enhances the Company's balance sheet and ensures that it is well-capitalised to advance exploration across its portfolio and bring the Blue Mountain Gold Project potentially into production. Tillkännagivande • Mar 02
ECR Minerals Provides Update on Potential Sale of MGA ECR Minerals plc (AIM:ECR) provided an update on its ongoing strategy, including developments regarding the potential sale of its subsidiary, Mercator Gold Australia Pty Ltd. (Mercator Gold Australia Pty Limited) ("MGA"), and plans to capitalise on the increasing global demand for antimony at Bailieston. For several months, ECR has engaged in discussions with Octo Holdings Pty Ltd. ("Octo") in respect of the proposed sale of the entire issued share capital of MGA, which holds ECR's Australian tax losses, to Octo. The proposed target completion date of the sale of MGA, as suggested by Octo, was 28 February 2025 to enable Octo to conclude other agreements, independent of ECR, that it is engaged in. In this regard, the Board of directors ("Board" or "Directors") consider that Octo has not made satisfactory progress in relation to being able to proceed with the proposed transaction and consequently ECR has written to Octo terminating the non-binding heads of terms between the two parties. During the discussions with Octo, ECR continued to attract interest in MGA from additional parties. As well as the appeal of the tax losses held by MGA, MGA is also the owner of three of the Company's tenements in Victoria, including the Bailieston gold and antimony exploration project. It was proposed that on or before completion of the proposed disposal of MGA to Octo, ECR would effect a reorganisation of MGA such that the only exploration assets remaining within MGA would be the Bailieston project. With rising gold prices, and more particularly, rising antimony prices as well as growing global interest in the strategic importance of these metals, the Board believes that MGA's, Bailieston tenement, represents an attractive possible strategic purchase as a potentially valuable asset in its own right. With the non-binding heads of terms previously agreed with Octo now terminated, ECR's Board has determined to widen discussions on the potential sale of MGA to include other interested parties. Based on the preliminary enquiries received, it is apparent that the interest in MGA and its assets is both extensive and varied and ECR will therefore take this opportunity to re-examine the optimum structure of any potential sale of MGA. Rules on transferring tax losses in Australia are complicated with the overriding consideration being that tax losses will always belong to the company in which they were incurred (MGA in this instance) and the transfer of that company needs to be by way of an operating entity (i.e. the company needs to have activities in addition to the tax losses for a third party to be able to make use of them). Octo's preference was for MGA's operations to comprise Bailieston. However, in the intervening period and as described further below, ECR's Board has reassessed Bailieston's potential value in light of the ongoing price strength in the antimony market. It is possible therefore that any potential sale of MGA could be restructured to comprise other tenements within the Company, thereby enabling ECR to retain Bailieston (or the more prospective areas within the Bailieston project area). As previously announced, any disposal of MGA may be considered to be a fundamental change of business pursuant to Rule 15 of the AIM Rules for Companies. If applicable, this would require, amongst other items, the proposed disposal of MGA to be conditional on the consent of the Company's shareholders being given in a general meeting, the publication of a shareholder circular detailing the terms of the transaction and certain other disclosures as set out in the AIM Rules. There can be no guarantee as to the conclusion of any agreement for the disposal of MGA, nor as to the timing or final terms, structure or value of any such transaction. Tillkännagivande • Mar 01
ECR Minerals plc Announces Update on Plans for Commercial Production at Blue Mountain ECR Minerals plc announced update on plans for commercial production at Blue Mountain. Further to the announcement on 3 February 2025, ECR has continued to progress its plans to bring its Blue Mountain Project in Queensland into commercial production. This follows the 91.7% gold into 0.40% of the mass recovery rate estimated by Gekko Systems Pty Limited and the expectation that the alluvial-based ore located at the project is suitable for gravity concentration using a batch centrifugal concentrator. The preliminary steps in relation to assessing the commercial suitability of the Blue Mountain Project are as follows: Aerial survey using drones to determine the most suitable locations for trenching; Ground penetrating radar to determine the depth of the bedrock; Commissioning of a wash plant, either made to order or purchased off the shelf and modified; Planning for recovery and reuse of water and Processing of bulk samples to test the recovery rate. Plans for steps 1-3 above are now well advanced in parallel with ongoing work on costing the full production plant and engaging specialist contractors. Further announcements will be made as the project develops. While ECR is assessing the commercial suitability of the Blue Mountain Project, there is no certainty that the Blue Mountain Project will enter into commercial production, nor be capable of achieving the illustrative monthly revenues outlined above and consequently being in a position to utilise any indicative tax savings in the manner described above. Tillkännagivande • Feb 11
ECR Minerals plc Provides Update on Latest Exploration Results from the Lolworth Gold and Critical Minerals Project, Located in North Queensland, Australia ECR Minerals plc provided an update on the latest exploration results from the Lolworth Gold and Critical Minerals Project, located in North Queensland, Australia (the "Lolworth Project") as well as ECR's 2025 field season plans for the Lolworth Project. Highlights: Total of 165 pan concentrate samples collected from alluvial sources in the Eastern Area of EPM27903, covering creeks located north of the Uncle Terry Prospect, east of the Gorge Creek Prospects and southeast of the Dagwood Prospect. These pan concentrate samples mark an initial phase of exploration, extending eastward beyond the previously examined regions of Gorge Creek and Dagwood. Summary of Gold Results: Nine samples yielded gold values exceeding 9 ppm Au; Three high-grade samples reported concentrations of 1,245 ppm, 175.5 ppm and 127 ppm Au. The most significant results came from creeks in the headwaters of Fat Hen Creek, situated one mile east of the Dagwood prospect. These findings indicate the potential presence of undiscovered gold sources in the surrounding hills. Additional high-grade results were identified in streams draining from the ridgeline east of the Gorge Creek Prospect's, reinforcing evidence of further gold-bearing sources in the area. A high gold anomaly detected in creeks north of the Uncle Terry Prospect area suggests that mineralisation extends beyond the currently mapped prospect boundaries. Summary of Niobium-Tantalum Results: Five samples yielded Niobium-Tantalum concentrations exceeding 1,000 ppm of Nb (0.1%). These samples were taken from streams along the northwestern margin of what is interpreted to be a Pegmatitic Intrusional Complex. The southern boundary of this intrusion remains untested and is a priority for future sampling. Lolworth 2025 Field Season Plans Building on the successful exploration campaign in 2024, ECR is refining its focus on five key gold prospects including Gorge Creek West, Butterfly Creek, Uncle Terry, Gorge Creek Diggings and Woolshed Creek. These prospects have been identified for sub-surface evaluation by drilling, with discussions currently underway with drilling contractors. Further announcements will be made in due course. New Risk • Jan 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£6.65m market cap, or US$8.11m). Minor Risk Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). New Risk • Jan 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£5.83m market cap, or US$7.25m). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Shareholders have been diluted in the past year (21% increase in shares outstanding). Tillkännagivande • Dec 20
ECR Minerals plc Provides Operational Update on Tambo Gold Project, Victoria ECR Minerals plc provided an update on its recently concluded diamond drilling campaign at the Duke of Cornwall Prospect within the Tambo Gold Project in Victoria, Australia (the "Tambo Gold Project"), including the results from Drill Holes DOCD001 and DOCD005. The diamond drilling campaign consisted of five diamond drill holes (DOCD001 - DOCD005) over a total depth of 428 metres. The campaign's objective was to investigate the structural controls on gold mineralisation and associated geochemical haloes, particularly beneath and adjacent to the historical Duke of Cornwall mine workings. DOCD005 - Northern Extension DOCD005 was drilled to a total depth of 117.8 metres and intersected two quartz veins at the northern extremities of the Duke of Cornwall Lode system, approximately 70 metres below the historical mine workings. Mineralisation was encountered at one interval (1 metre @ 0.72 g/t Au from 108 metres), with no significant gold intercepts reported from the other intervals tested. Geochemical analysis suggests that the DOCD005 mineralisation area lies outside the primary gold-bearing system which indicates a secondary control plunging the mineralisation along strike. It is noted that at surface the rock chip channel sample from the Eastern Cut (0.25 metres @ c. 25 g/t Au as illustrated in the announcement on 20 November 2024) plots only 10 metres east of the trace of DOCD003, showing the likely secondary controls that have been partially discovered by this first pass drilling programme. ECR intends to design a follow-up drilling campaign focusing on deeper exploration beneath the high-grade zones identified in DOCD002 and DOCD004 as well as incorporating the structural and geochemical insights gained to explore central portions of the Lode, which remain prospective for gold mineralisation. The Company remains committed to advancing its exploration assets at the Tambo Gold Project while continuing to evaluate potential corporate opportunities. Further updates will be provided in due course. A number of additional rock chip samples from Lolworth have been sent for laboratory analysis, with the results expected in January 2025. The results from geochemical analysis on samples taken from the Oaky Creek prospect in the central-north area of the Lolworth Project will be announced in due course once received. The Directors are optimistic regarding the potential of the Lolworth Project and, as announced on 25 November 2024, part of the net proceeds of the Company's recent fundraise are intended to be used to re-start the field campaign in Lolworth in the second quarter of 2025, drawing on the Company's partnership with the Geological Survey of Queensland to further investigate the critical minerals potential at the project. On 29 November 2024, the Company announced a collaboration with James Cook University in relation to analysing and interpreting the mineral data from theolworth Project area to enhance the understanding of its rare earth elements potential. Further updates on the way forward will be provided in due course as matters are progressed. Tillkännagivande • Dec 17
Ecr Minerals plc Announces Retirement of Trevor Davenport as Non-Executive Director ECR Minerals plc announced that Trevor Davenport has informed the Board of his intention to retire from his role as Non-Executive Director at the end of this year. Trevor joined the Board over three years ago and has played an invaluable role in guiding the Company through a period of significant changes. His insight and expertise have been instrumental in supporting ECR's strategic direction during this time. Tillkännagivande • Dec 11
ECR Minerals plc Announces an Update on Drilling At the Duke of Cornwall Prospect Within the Company's Tambo Gold Project in Victoria, Australia ECR Minerals plc announced an update on drilling at the Duke of Cornwall prospect within the Company's Tambo Gold Project in Victoria, Australia where results have been received for an additional 90 core samples submitted from diamond drill holes DOCD003 and DOCD004. As announced on 20 November 2024, a maiden diamond drilling campaign was completed at the Tambo Gold Project. The diamond drilling campaign targeted beneath the historic workings of the Duke of Cornwall Mine, Swifts Creek. The campaign consisted of five diamond core drill holes, totaling approximately 439 metres in aggregate. Drilling at the Project's Duke of Cornwall prospect aimed to demonstrate grade continuity and refine initial geological interpretations. Results to date confirm that these objectives have been achieved, with diamond drilling providing high-accuracy structural and mineralisation data. The Board believes that these two veins show the potential for the development of undiscovered veins within the system. The overall average grade across all reported intervals was 4.50 g/t Au. Drill hole DOCD003 No significant gold intercepts have been reported from the intervals tested from drill hole DOCD003, although the Board considers that this result provides valuable geological insights into delineating the location of the shear zone and controls on mineralisation. Hole DOCD003 was drilled to a total depth of 69.7 metres. Next Steps The Company is awaiting the assay results from drill hole DOCD005 which was designed to test for mineralisation under the extreme northern strike of the system and also for drill hole DOCD001. Results for both remaining holes are expected before the end of the year. Geological logging of DOCD005 thus far has identified two distinct quartz veins, aligning with historical reports of similar lodes. While DOCD003 provides valuable geological insights into the location of the shear zones, DOCD004 has confirmed gold continuity within the Main Lode and highlights the potential for additional undiscovered veins within the system". Tillkännagivande • Nov 26
ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £0.95 million. ECR Minerals plc has completed a Follow-on Equity Offering in the amount of £0.95 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 287,878,787
Price\Range: £0.0033 Tillkännagivande • Nov 20
ECR Minerals plc Announces Initial Diamond Drilling Results from Its Maiden Diamond Drilling Campaign At the Duke of Cornwall Lode System as Well as Further High-Grade Surface Channel Samples from the Main Lode Within the Company's Tambo Gold Project in Victoria, Australia ECR Minerals plc announced highly encouraging initial results from its maiden diamond drilling campaign at the Duke of Cornwall Lode system as well as further high-grade surface channel (chip) sampling from the Main Lode within the Company's Tambo Gold Project in Victoria, Australia. Tambo Gold Project: Further to the Company's announcement on 17 October 2024, a maiden diamond drilling campaign has now been completed at the Tambo Gold Project. The diamond drilling campaign targeted beneath the historic workings of the Duke of Cornwall Mine, Swifts Creek. The first complete results have now been received for hole DOCD002. Assay results have also been received for additional channel (chip) samples from the in-situ Main Lode near surface. High-grade surface channel sampling: Main Lode sampling has revealed further high-grade gold surface channel (chip) sampling results of 27.80 g/t to 180 g/t Au. These results support previous photon analysis of rock chip sampling of the same vein material, including 55.5, 24.0 and 19.7 g/t Au. Drilling Summary: The campaign utilised a diamond drill rig and has provided high-definition structural data that enhances geological understanding and improves confidence in interpreting vein orientations and continuity. The campaign consisted of five diamond core drill holes, totaling approximately 439 metres in aggregate, to test strike and depth continuity of gold mineralisation from the Company's previous surface rock chip results and to refine the structural model. The board of directors of ECR are confident that both objectives have been successfully achieved. These first results from the diamond drilling campaign confirm that the Duke of Cornwall Lode system is comprised of quartz veins propagating from a mapped shear zone. Strong visual indicator minerals have been identified in the drill core including sulphides such as Chalcopyrite, Tungsten and Arsenopyrite, with assay values correlating strongly to elevated Bismuth. Drill hole DOCD002: Best individual drill intercepts from hole DOCD002 include 0.15 metres 24.10 g/t Au and 0.40 metres @ 8.51 g/t Au. Geological logging and assay values show two 'zones' of mineralisation. The first zone is veining parallel to the regional cleavage. The average grade across the cleavage vein zone is 3.13 g/t Au over 1.2 metres drilled. The second Main Lode zone averages 5.61 g/t Au over the drilled interval of 2.05m. The overall average grade across all reported intervals was 4.26 g/t Au. Hole DOCD002 was drilled to a total depth of 84.35m. A total of 19.95m of core has been sampled. Mineralised intercepts greater than 0.1 g/t Au are reported in Table 1 below. Hole DOCD002 also encountered strong pathfinder elements associated with high gold values, including best grades of Bismuth (883 ppm), Arsenic (63.8 ppm) and Silver (3.8 ppm). The overall average Bismuth, Arsenic and Silver grades across all reported intervals were 152.24 ppm Bi, 9.86 ppm As, and 0.98 ppm Ag. Geological logging and sampling of the remaining holes will conclude this week with assay results expected by early December 2024. Tillkännagivande • Oct 24
ECR Minerals plc Announces the Results of Rock Chip Sampling and Trenching Activities Completed At the Lolworth Project, Queensland ECR Minerals plc announced 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. Results: 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. Uncle Terry: 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. 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. Tillkännagivande • Oct 17
ECR Minerals plc Announces the Commencement of Diamond Drilling At the Tambo Gold Project in Victoria, Australia ECR Minerals plc announced 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. 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. 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. Once the Company receives the data, 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 announced 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. Tillkännagivande • Oct 08
ECR Minerals plc Announces Highly Encouraging Test Work Result Reveals 91.7% Gold Recovery from Blue Mountain Ore Sample ECR Minerals plc announced highly encouraging results from the enhanced gold recovery process at the Company's Blue Mountain Project in Queensland (the Blue Mountain Project). HIGHLIGHTS: Single Stage Gravity Recoverable Gold (GRG) test work on ore samples collected at the Blue Mountain Project demonstrated a recovery rate of 91.7% goldinto 0.40% of the mass. These findings suggest that the ore located at the Blue Mountain Project is suitable for gravity concentration using a batch centrifugal concentrator (BCC). If these results are repeatable across the Blue Mountain Project area, then the Company may have a commercial project suitable for a production plant on site. Blue Mountain, Queensland: As announced by the Company on 1 August 2024, a trenching and bulk concentrate sampling programme was undertaken at the Blue Mountain Project during July 2024. Following highly encouraging results from sluice box concentrates, with best results including 192.15 g/t Au and 97.40 g/t Au, further samples were submitted to the laboratory to undergo an enhanced gold recovery process to determine the potential commercial options for recovery. Gekko Systems Pty Limited (Gekko) has carried out the GRG test and Sighter Leach test worked on samples of ore collected at the Blue Mountain Project. The results have given the board of directors of ECR (the "Board" or the Directors") further confidence that the Blue Mountain Project may be a viable commercial gold resource and, if these results are successfully corroborated through further work, a production plant could potentially be established on site. It is important to note that, unlike other ECR projects, the Blue Mountain Project is based on an alluvial gold system. Gold is therefore found at or near the surface, meaning that the mining techniques used to extract any minerals are not associated with high capital expenditure that other projects may have, for example, where higher gold grades are located at great depth. Future production at the Blue Mountain Project would most likely be undertaken through gravity concentration of near-surface ore. The following conclusions were made from the testwork results: The average assayed testwork head grade was 89.95 g/t gold. The average calculated head grade was 91.57 g/t gold. The average calculated head grade is considered a more accurate measure of gold content, as it is based on the largest number of assays. Gold distribution in the Single Stage GRG feed (P80 75 um) showed that the +106 µm size fraction contained 80% of the gold but only 6.03% of the mass indicative of the presence of liberated gold in this size fraction. The Single Stage GRG test recovered 91.7% of the gold into 0.40% of the mass. The concentrate grade was 22,043.25 g/t Au (2.2% Au). This GRG result indicates the gold in the ore is amenable to gravity concentration by a batch centrifugal concentrator (BCC). Sighter Leach Testwork (1,000 ppm NaCN) on the Single Stage GRG tail resulted in a gold recovery of 87.6% after 24 hours and a leach tail grade of 1.63 g/t Au having started off with a calculated leach head grade of 13.14 g/t. Tillkännagivande • Sep 25
ECR Minerals plc Provides Update in Relation to Its Upcoming Maiden Diamond Drilling Program At Its Tambo Gold Project in Victoria, Australia ECR Minerals Plc provided the following update in relation to its forthcoming maiden diamond drilling program at its Tambo gold project in Victoria, Australia. Civil works, including the preparation of work areas and access to drill sites, have also commenced for the campaign which is expected to get underway shortly. On 12 July 2024, ECR announced the fire assay gold results from the historic Duke of Cornwall Mine in Swifts Creek (Tambo) 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. Tillkännagivande • Sep 10
ECR Minerals plc Announces an Update on Its Gold and Rare Earths Projects in Queensland and Victoria ECR Minerals plc announced an update on its gold and rare earths projects in Queensland and Victoria. 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. 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. 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 announced 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. 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. Tillkännagivande • Aug 19
ECR Minerals plc Announces Appointment of Mike Whitlow to the Board of Directors as Managing Director ECR Minerals plc announced the appointment with immediate effect of Mike Whitlow to the board of directors of ECR Minerals (the "Board") as Managing Director. Mike has been the Company's Chief Operating Officer in a non-Board capacity since 15 September 2023. Mike has spent over 20 years investing and financing small cap and start-up companies. Having started his career in the natural resources industry, more recently Mike has overseen and assembled a number of resource projects through his company Axies Ventures Ltd, where he has personally overseen two funding rounds and three work programmes in the Mediterranean and North America including a successful drilling campaign in 2023. Michael ("Mike") David Whitlow, aged 45 is, or has during the last five years, been a director or partner of the following companies and partnerships: Axies Ventures Ltd; My Inspiration Holdings; Volant Services (VSL) Limited; and Holding365 Ltd. Tillkännagivande • Aug 14
ECR Minerals plc Announces Initial Gold Results from Soil Sampling At the Company's Lolworth Project in Queensland, Australia ECR Minerals plc announced initial gold results from soil sampling at the Company's Lolworth Project in Queensland, Australia. HIGHLIGHTS: Soil sampling undertaken at prospective locations in the central region of the project area; 41 samples returned results equal to, or greater than, 0.05 ppm Au (Gold) at the 'Dagwood Prospect' including 4 results above 1.00 ppm Au; 15 samples returned results greater than 0.05 ppm Au from the 'Gorge Creek Diggings' Prospect' with a best result including 16.85 ppm Au; Focus now turns to the Eastern part of the tenement area to test for Gold, Niobium and Tantalum mineralisation; and ECR remains fully funded for its planned operations in Queensland and Victoria in 2024. Results: Two field teams have been working on site at Lolworth since early May 2024and ECR Minerals has now received the first batch of results from soil geochemistry sampling, following up on results from earlier stream sediment pan sampling. 41 samples returned results equal to or greater than 0.05 ppm Au(50 ppb Au) at the Dagwood Prospect with 4 results exceeding 1.00 ppm Au. At the Gorge Creek Diggings Prospect, 15 samples returned results greater than 0.05 ppm Au with a best result of 16.85 ppm Au. Analysis: The geochemical trends have been interpreted to strike NNW at Gorge Creek Diggings where further discoveries of nuggety gold have been identified further north along strike of these soil grids suggesting the source of gold is likely nearby. Soil sampling has now been expanded to include these prospective areas. Geochemical trends at the Dagwood Prospect are likely northerly striking. Outcrop mapping and rock chip sampling along these prospective trends is now also in progress. The high-grade results in the soils are due to the coarse nature of some of the gold contained within the soil medium. Where nuggety gold has been found in the area, it is ragged, which suggests the gold is found close to the source as it has not travelled far and is therefore not smooth. What is significant, is the coloured geochemical highlighted anomaly trends. The high soil results are interpreted to represent high grade pockets within the overall strike of the gold trend. Tillkännagivande • Aug 06
ECR Minerals plc Provides an Update on Activities At Its Projects in Victoria, Australia ECR Minerals plc provided an update on activities at its projects in Victoria, Australia. Highlights: Tambo: 84 soil samples taken in the vicinity of the Duke Of Cornwall Lode; Best results include 0.56 ppm Au - a total of 48 samples returned above 0.01 ppm Au; Follows earlier best results from rock chip sampling including 52.2 g/t Au; Planning underway for diamond drilling programme in fourth quarter of 2024. Bailieston: Discussions advancing on pathways to maximise the Antimony potential given the continued price rise and interest in the mineral; Best results from recent field work include 0.3m @ 32% Sb (Antimony) and 0.1m @ 1.20% Sb; Antimony is classified as a critical mineral by the Australian Government; ECR remains fully funded for its planned operations in Queensland and Victoria in 2024. Background to Soil Sampling, Tambo: On 12 July 2024, ECR Minerals announced the fire assay gold results from the historic Duke of Cornwall Mine in Swifts Creek (Tambo), Victoria, Australia. Best results included 52.2 g/t gold. 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. Of these, 48 samples returned results above 0.01 ppm Au and a total of 4 samples returned results greater than 0.1 ppm Au. A significant correlation between gold and bismuth has now been identified, highlighting bismuth as a key pathfinder element within the exploration licence. Next Steps: Given the highly encouraging surface results, the Company is now planning its next steps which will include further evaluating the sub-surface levels of gold. Negotiations are underway with the landholder and contractors for an anticipated maiden diamond drilling campaign which is expected to commence early in the fourth quarter of 2024. Antimony Exploration in Victoria: As announced on 3 July 2024, ECR Minerals made the decision to reanalyse diamond core samples for Antimony from its 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 best sample returned an Antimony result of 0.3m @ 32% Sb (drillhole BH3DD019) while a further 11 samples returned highly anomalous results. Prices of the metal, which is used in flame-retardants, munitions and batteries, have continued to rise to new highs in 2024. Whilst still early stage, the Board is further analysing how best to advance this valuable opportunity given the wider demand and interest in the region, including identifying a suitable strategic partner to collaborate with to fund further exploration atBailieston. Board Change • Jul 22
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Senior Independent Director Trevor Davenport is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Jul 15
ECR Minerals plc Announces David Tang Steps Down as A Non-Executive Director ECR Minerals plc announced that Non-Executive Director and former Chairman David Tang has informed the Board that he has decided to step down as a non-executive director of the Company in order to pursue his other interests. David will depart from the board with immediate effect. Tillkännagivande • Jul 12
ECR Minerals plc Provides the Fire Assay Gold Results from the Historic Duke of Cornwall Mine, Swifts Creek (Tambo), Victoria, Australia ECR Minerals plc provided the fire assay gold results from the historic Duke of Cornwall Mine, Swifts Creek (Tambo), Victoria, Australia. As announced on 10 June 2024, ECR Minerals undertook an exploration campaign at its Eastern Victorian exploration tenement (EL007484) which included detailed mapping of historical gold workings and the collection of 56 rock chips and 84 soil samples at spaced intervals across and along strike of the known mineralisation. Initial testing of 37 rock chips using the Photon Assay method returned significant results with 8 samples showing gold concentrations exceeding 5 g/t Au, including a best result of 51.5 g/t Au. The Board has now received the gold and multi-element results for all 56 rock chip samples, analysed using both traditional Fire Assay and ME-ICPMS methods. In comparing the 37 Photon Assays to the Fire Assays, all samples are within a 95% confidence level. The largest variance observed between assay methods was 2.05 g/t Au in rock chip BTR054. It is acknowledged that gold results inherently exhibit some variance, as evidenced by duplicate and repeat testing for Au . A vein previously sampled in 2023, with a fire assay indicating 0.2 metres at 22 g/t Au, produced a photon analysis result consistent with expectations, measuring 24 g/t Au. All rock chip samples also underwent ME-ICP analysis to determine levels of Silver, Arsenic, Bismuth, Copper, Lead, and Zinc. Elements such as Arsenic (As) have traditionally been a key indicator for gold mineralisation. Bismuth (Bi) has shown the closest correlation with gold at higher elevations and falls within the detectable range of a pXRF device, a valuable tool included in the Company's exploration toolkit. Pathfinder elements can be crucial for expediting and cost-effectively generating future regional exploration targets. Tillkännagivande • Jul 11
Ecr Minerals plc Announces an Update on Exploration Activities Across the Company's Blue Mountain and Lolworth Projects in Queensland, Australia ECR Minerals plc announced an update on exploration activities across the Company's Blue Mountain and Lolworth Projects in Queensland, Australia. Trenching has now been completed by ECR across several former alluvial gold sites sampled by the previous owner of Blue Mountain in 2021. A total of 11 trenches were excavated, resulting in 9 individual bulk concentrate samples. Gravels from 9 of the trenches were processed through a trommel wash plant. These excavations were carried out jointly with the landholder who has been fully supportive of ECR's exploration activities. Recent surveys by ECR have identified multiple locations along the creek system within the tenement that warrant further follow up and testing. Extensive creek flats, elevated creek gravels and remnants of historical 'gold rush' activities suggest substantial areas of unexplored and potentially prospective ground. With both tenements scheduled to expire later this year, ECR, through its wholly owned subsidiary LUX Exploration Pty Ltd, has submitted an application for a 5-year extension of the licence area. The Directors believe that LUX is well placed for approval of this extension. Next Steps: The bulk concentrate samples from the trenching have been dispatched to the laboratory for gold content analysis. Should the results meet with ECR's expectations, the next steps for the project will involve metallurgical testing which will be crucial in assessing the viability and potential commercial opportunities for the project as well as further delineation of the alluvial gold potential both upstream and downstream of the recent testing. The Board is of the view that, while the Company awaits the results from laboratory analysis, the Company's cash resources and personnel are best spent accelerating exploration efforts at its other highly prospective asset in Queensland. Lolworth- Two field staff have been working on site since early May 2024 and Chief Geologist Adam Jones along with his team currently at Blue Mountain will join them in the coming weeks. Initial field work across several gold prospects in the Upper Gorge Creek area has shown promising signs, including visible gold in streams and hillsides. Soil sampling grids have been established above streams with previous positive results, and plans are in place for initial hard rock trenching in the Gorge Creek West area. Geological mapping indicates an anomalous gold trend along the westerly striking contact between granite and altered sedimentary rocks. Previous rock chip samples have returned grades of up to 3.13 g/t Au, with localised higher grades up to 13.75 g/t Au (see Fig.1 below). Additionally, gold nuggets weighing up to 12 grams have been identified in the immediate watershed below. Further trenching is planned to assess the width of the granite and altered rocks. Other notable prospects include a 4m x 200m rhyolitic intrusion where previous samples averaged about 0.4 g/t Au, with highs up to 8 g/t Au. This intrusion's strike is a key focus for the team during the current visit. Next Steps: ECR's team will move north to focus on the Reedy Creek (Gold) and Oaky Creek (Niobium) prospects. They will conduct intensive soil sampling, geological mapping, and outcrop sampling, with particular interest in the headwaters between Reedy Creek and Butterfly Creek, known for coarse gold in stream samples of up to 962 ppm Au. Aerial imagery has identified potential quartz veining in the hills above this area. Tillkännagivande • Jul 03
ECR Minerals plc Announces Latest Results for Additional Testing for the Critical Mineral Antimony from Diamond Core Previously Drilled at Bailieston, Central Victoria, Australia ECR Minerals plc announced the latest results for additional testing for the critical mineral Antimony (Sb) from diamond core previously drilled at Bailieston, Central Victoria, Australia. HIGHLIGHTS: 44 samples from previous diamond drilling at Bailieston submitted for additional multi-element testing. Best results include 0.3m grading 32% Sb and 0.1m grading 1.20% Sb. A total of 12 samples returned results greater than 0.1% Sb. Antimony is classified as a critical mineral by the Australian Government and many other major economies. Prices have soared to record highs in 2024 of $18,000/t antimony trioxide (Argus Media), the highest price in over 10 years, as declining ore grades and depleting mines squeeze supply. The Bailieston Goldfield, part of the Costerfield-Nagambie Geological Zone, is known for its Antimony deposits and active mining. ECR remains fully funded for its planned operations in Queensland and Victoria in 2024. Antimony Exploration In Victoria: 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 the 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 resource estimate of 17,800 tonnes of Sb, while Southern Cross Gold is actively exploring for Antimony at its Sunday Creek Project. ECR holds exploration licenses situated 45 kilometres east of Costerfield and 25 kilometres west of Nagambie. The Bailieston Prospect (HR3) is positioned on the Bailieston Anticline, renowned for its Antimony mineralisation. Sampling Method: As part of the Company's drilling program undertaken in 2021-2022 at Bailieston, all diamond drill core underwent regular analysis using a handheld pXRF unit. The data has subsequently been analysed specifically for Antimony concentrations exceeding 2000 ppm Sb. 44 samples were chosen and forwarded to OSLS Laboratory in Bendigo for comprehensive multi-element analysis (ME-ICP). Samples returning Sb higher than 4000 ppm are tested for higher Sb concentrations by XRF method. Results: The best sample returned an Antimony result of 0.3m @ 32% Sb (drillhole BH3DD019) while a further 11 samples returned highly anomalous results. Next Steps: The Board believes the findings demonstrate further the potentially significant inherent value within ECR's Bailieston Project and nearby exploration areas. Previous drilling results from the Project are now undergoing internal review where follow up plans will be announced in due course. New Risk • Jun 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£1.3m free cash flow). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£4.97m market cap, or US$6.27m). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Tillkännagivande • May 09
ECR Minerals plc Provides Victoria Projects Update ECR Minerals plc provided an update on the bulk sample results for the first four reverse circulation drill holes as well as the final two holes drilled at the Kuboid Hill prospect in Creswick earlier this year. The Company is also pleased to provide results from stream sampling that was carried out last month at its Bailieston Project. HIGHLIGHTS: Creswick: Reportable bulk sampling results of 3.05g/t Au and 2.53 g/t Au over 1 metre upgraded from 0.76 and 0.37 g/t Au respectively. Techniques employed give potential scope for a marked improvement in grades for the remaining "best hole" bulk samples from pan concentrate. Bailieston: Best results of 798 ppb Au and 712 ppb Au from stream sampling. Sampling was carried out at three areas with no known historical workings and have shown encouraging surface expression of anomalous gold which gives merit to further follow up work. Now re-analysing a number of drill cores from HR3 at Bailieston for the presence of Antimony, which correlates with this latest reconnaissance work showing a presence of Antimony. ECR is funded for its planned activities in Victoria and Queensland in 2024. Creswick: As announced on 8 April 2024, a total of 1,032 metres of reverse circulation ("RC") drilling was completed at Kuboid Hill on 16 February 2024. This was the second part of an extended reverse circulation drilling programme at Creswick, following on from 522 metres completed at Davey Road where, as previously announced on 12 February 2024, ECR reported a best overall grade gold of 41.03g/t Au. The Kuboid Hill programme was designed to follow up on the Company's anomalous gold soil sampling campaign that was completed in 2022. ECR has received final results from bulk sampling for the first four of the 17 RC drill holes at Kuboid Hill (being KHRC012, KHRC008, KHRC009 and KHRC015). Only KHRC012 generated any reportable results from the bulk sampling, significant improvement was seen in three of the samples from that hole. The bulk samples from the remaining drillholes are currently in the laboratory. Based on the improved results for hole KHRC012, the ECR Board considers that there is a reasonable expectation of an improvement in grades for some of the remaining bulk samples from other mineralised zones. Additional Kuboid Hill Drill Holes: The remaining samples for the final two drill holes at Kuboid Hill (see announcement 8 April 2024) have revealed further mineralised zones, consistent with what has been seen previously, although neither reported intercepts above 1 g/t. Bailieston: At the Company's Bailieston Project, a stream sampling campaign was recently completed throughout the northern part of the tenements (EL006911, EL006912 and EL007296) with the campaign being designed to test for initial evidence of gold mineralisation within the unexplored part of the region. All three areas have had no historical work and, based on the results obtained, the Company believes there is merit in undertaking additional near-term follow up exploration. Black Cat South: Best results of 798 ppb Au and 712 ppb Au from two streams on the western flank of the Black Cat Fault. The two streams drain a prominent ridgeline that is approximately 400m long in strike and offers further prospectivity. The regional Black Cat Fault is associated with other gold and antimony historical mining activity along strike. King's Cross: Result of 150 ppb Au from a stream that drains an old prospect known as King's Cross. Highly oxidised quartz veins are present in this area and require follow up testing. Freisland Hills: An anomaly of 100ppb Au was obtained from an unnamed creek in the centre of the area. In all three prospects, LIDAR mapping shows there has been no previous mining activity or prospecting in the area which provides for an opportunity for development and deeper exploration. In addition to stream sampling, two small soil orientation surveys were completed on the north fringes of the HR3 goldfield area and the Cherry Tree South goldfield. Both soil surveys show coincidental elevated arsenic and antimony. Previous soil sampling at HR3 has identified arsenic and antimony as pathfinders to gold mineralisation. ECR is now also re-analysing the core from its earlier drilling at the HR3 prospect at Bailieston for antimony. The Costerfield-Bailieston-Nagambie district is noted for economic veins of antimony and elevated antimony has been observed from previous pXRF analysis of the drill core. Tillkännagivande • Apr 02
ECR Minerals plc, Annual General Meeting, Apr 23, 2024 ECR Minerals plc, Annual General Meeting, Apr 23, 2024, at 10:00 Coordinated Universal Time. Location: Hurlingham Studios, Ranelagh Gardens London United Kingdom New Risk • Mar 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£5.56m market cap, or US$7.08m). Minor Risk Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Tillkännagivande • Mar 14
ECR Minerals plc has filed a Follow-on Equity Offering in the amount of £0.585 million. ECR Minerals plc has filed a Follow-on Equity Offering in the amount of £0.585 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 195,000,000
Price\Range: £0.003
Transaction Features: Subsequent Direct Listing Board Change • Feb 21
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Senior Independent Director Trevor Davenport is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Feb 13
Ecr Minerals plc Announces Additional Creswick Results Raise Gold Grades ECR Minerals plc provided additional results from its drilling programme at the Davey Road site in its Creswick tenement. These results comprise the bulk sample testing following the preliminary results announced on 5 February 2024. Bulk samples from the 20-30kg 'leftovers' from the preliminary drilling results were concentrated in a dry blower with subsequent panning consistently showing visible gold. Pan concentrate samples ranged in weight between 0.29kg and 1.79kg. A total of 32 samples were selected for testing from 1 metre intervals that showed anomalous gold. The rig is now back on site at Kuboid Hill as the second phase of the Company's drilling programme in Creswick gets fully underway. Tillkännagivande • Feb 05
ECR Minerals plc Provides Preliminary Results from Creswick Drilling ECR Minerals plc provided the following preliminary update of its drilling programme at the Davey Road site in its Creswick tenement. Drilling was undertaken in December 2023. Seven successful holes were drilled and there is extensive evidence of anomalous gold with the best result being 23.39 g/t Au over 1 metre. The best sample still has 4.7 g/t Au in the tailings of the initial results which is typical of coarse gold that ECR expects in this location. Around 30 additional bulk samples from the 20-30kg 'leftovers' from the preliminary drilling results have been concentrated in a dry blower. Panning of this material has consistently shown visible gold and these samples are being sent for laboratory testing. Variation in the preliminary results indicates a likely dipping vein (i.e. the gold mineralisation is not in a vertical structure) but the further analysis being undertaken is expected to assist with the geological interpretation. The full results of this bulk sample testing are expected to be completed shortly. Alongside this, the second phase of the Company's drilling programme in Creswick (at Kuboid Hill) is ongoing and further announcements will be made in due course. Tillkännagivande • Jan 23
ECR Minerals plc Announces Adam Jones to Step Down from the Board of Directors ECR Minerals plc announced that Adam Jones has stepped down from the board of directors with immediate effect. Adam will nonetheless continue in his role with ECR as chief geologist and technical director of exploration, and by stepping down from the board he will be able to focus more of his time on the Company's commercial operations. New Risk • Jan 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£3.75m market cap, or US$4.75m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (37% increase in shares outstanding). Tillkännagivande • Jan 11
Ecr Minerals plc Provides Update of Its Lolworth Project in Queensland ECR Minerals plc provided the following overview of its Lolworth Project in Queensland. The 2023 field work season concluded with soil sampling which, together with exploration work already undertaken, has provided the Company with a solid overview of the project area and, importantly, a guide for the next phase of exploration this year. The main focus of Niobium-Tantalum exploration has been at Oaky Creek. Best results from exploration to date are included in Table One below. All gold prospects have been found from following up positive stream sampling results and now are targeting the hill slopes above such streams, looking for the source of the gold. The ridgeline between Reedy Creek and Butterfly Creek which the gold bearing creeks are draining from is an area over 1km in strike length to explore in detail. Critical listed minerals Niobium-TantALum and other REE have been discovered in the Oaky Creek drainage system. High Niobium and Tantalum results from pan concentrate sampling in the headwaters of Oaky Creek led to the completion of a regional soil sampling programme over the adjacent hillslopes. Results from this show the best Niobium concentrations in soils (up to 146 ppm Nb). Tillkännagivande • Dec 12
ECR Minerals plc Announces Drilling Underway At the Creswick Project ECR Minerals plc announced that further to the announcement of 11 December 2023 (linkhere), the Company has confirmed that access to the relevant sites has been granted and accordingly reverse circulation ("RC") drilling programme has commenced at the Creswick gold project in central Victoria, Australia. Drilling is underway at Kuboid Hill and Davey Road prospects, both of which have previously provided evidence of gold mineralisation from soil analysis and rock chip sampling. As previously announced, the Company expects that approximately 1,200 metres of reverse circulation drilling in aggregate will be completed at around 10 - 12 locations at Creswick. Following drilling, and allowing for laboratory closures over the holiday period, assay results are anticipated to be available midway through the first quarter of 2024. Tillkännagivande • Nov 21
ECR Minerals plc Announces the Latest Gold Exploration Developments At its Lolworth Project, North Queensland, Australia ECR Minerals plc announced the latest gold exploration developments at its Lolworth Project, North Queensland, Australia. The results from the latest pan concentrate stream samples, whilst still early stage, are considered significant by the Directors as they suggest an extension in the size of the gold footprint south of the Reedy Creek area into Butterfly Creek. The latest soil results from the Gorge Creek West area also correlate with a quartz sub-crop which has been mapped across the ridgeline. The Lolworth Project is located approximately 120km west of the historic gold mining centre of Charters Towers, North Queensland, Australia. The project consists of three exploration tenements (EPM27901, EPM27902 and EPM27903) which are operated by LUX Exploration Pty Ltd, a wholly owned subsidiary of ECR ("LUX"). Numerous Gold, Niobium and REE anomalies have been identified within the project. Butterfly Creek runs south from the dividing range that separates the Reedy Creek area to the north. Recent field work completed infill pan concentrate sampling along the headwaters of streams in the Reedy Creek area and Butterfly Creek, with visible gold consistently noted throughout the sampling process. The most recent lab results confirm these findings, with high concentrations of gold resulting in 962 ppm Au, 139 ppm Au and 29.7 ppm Au. One ppm is equal to One g/t Au; however, these results are from concentrating a 5kg stream sample into a laboratory sized sample and therefore are not representative of an in situ-resource within the stream. The results do however show the coarse nature of the gold, confirming that the stream is strongly gold-bearing and close to a nearby source up the hillslopes. From the sampling evidence received ECR can conclude the source of gold is likely to reside within the saddle ridge as marked on Figure One. The round coloured markers on the map relate to the corresponding gold grades in the map legend, with previous pan sampling results shown as coloured stars. Gold anomalies are clustered as shown on Figure One at Reedy Creek West, Reedy Creek and Gorge Creek West. ECR is still waiting for final soil sampling results within the Reedy Creek West area. Results from soil sampling over part of the western ridgeline above the gold-bearing streams of Gorge Creek West have also been received. 14 samples report gold above background levels of 0.01 g/t Au, with best results of 0.39 g/t Au and 0.32 g/t Au. Although modest, these results are important in context as they correlate spatially along strike of a large quartz sub-crop vein exceeding 4 metres wide. This vein was sampled previously and delivered a best result of 0.56 g/t Au. The results from the quartz sub-crop vein do not match the results from the creek below, where the team located numerous gold nuggets during previous pan concentrate sampling. A single rock chip along strike to the east returned 13.75 g/t Au, while rock chip results immediately to the north of the soil sampling and the quartz sub-crop show promise, with large outcrops of quartz veins (grading up to 3.13 g/t Au) sited adjacent to the contact of the intruded granite. Further investigation is required. Niobium (Nb) and Rare Earth elements discoveries have also been reported previously at Oaky Creek, which contains an anomalous (Nb) zone located in the northern part of the project area. Sampling work at Oaky Creek transitioned from Nb and REE exploration to gold exploration during the last couple of months to give landholders the chance to conduct agricultural activities in the north of the project area. ECR has a good working relationship with all landholders in the area, and field work to follow-up on the Niobium and REE regions will recommence at the earliest availability. Tillkännagivande • Nov 17
ECR Minerals plc Announces Update on Drilling Plans ECR Minerals plc announced its intention to return to drilling in Victoria by the end of the year alongside an extension of the directors' salary sacrifice scheme. Since their arrival in September 2023, the new management team of ECR have been examining the Company's properties, including looking at ECR's own historic data as well as the results of previous and current exploration activity in the locality. Supported by professional advisers, the management team have conducted a thorough review of all information available, alongside an assessment of practical exploration objectives, in determining the Company's forthcoming plans. The Board as a whole has also been encouraged by the recent activity in Victoria, particularly the drilling intercepts by ASX listed Southern Cross Gold Ltd. at its Sunday Creek project and the recommencement of exploration to the north of Bendigo by ASX listed Falcon Metals Ltd. With ECR's infield work programme advancing into the progressive planning and development phase, the Board considers that this is the right time to re-evaluate ECR's gold assets at Creswick and Bailieston for the Australian summer field season. Drilling permissions have been approved by the relevant governmental authorities and the Board is currently negotiating contracts and pricing with a local drilling company with a target of commencing before the Christmas holiday period. Importantly, any drilling undertaken will be funded from the Company's existing cash resources. Tillkännagivande • Nov 01
ECR Minerals plc Announces Discovery of Gold Bearing Quartz Veins in Flaggy Creek, Lolworth, Queensland ECR Minerals plc announced that following rock chip sampling and outcrop mapping at the Flaggy Creek area at the Lolworth Project, N Queensland, Australia, gold bearing quartz veins have been discovered. The Lolworth Project is located approximately 120km west of the historic gold mining centre of Charters Towers, North Queensland, Australia. The project consists of three exploration tenements (EPM27901, EPM27902 and EPM27903) which are operated by LUX Exploration Pty Ltd, a wholly owned subsidiary of ECR ("LUX"). Numerous Gold, Niobium and REE anomalies have been identified within the project. HIGHLIGHTS: Results from mapping a quartz veinlet system within the upper creek drainage of Flaggy Creek have proven to be gold-bearing. The veinlet system consists of multiple narrow veins outcropping over a length of 70 metres long and within a zone up to 100m wide. Best rock chip results from outcrop include 6.05 g/t Au, 5.96 g/t Au, 4.66 g/t Au and 3.97 g/t Au. Soil sampling programmed just completed over the ridgelines in Flaggy Creek, above the best gold bearing pan concentrate samples. ROCKCHIP RESULTS: Flaggy Creek is located in the NW part of ECR's Lolworth exploration tenements. Previous work in 2022 shows the presence of gold in pan concentrate sampling and a single rock chip from outcrop. As a result of further mapping and multiple rock chip sampling work undertaken along the exposed outcrop, the team has now expanded on these initial results, with grades of up to 6.05 g/t Au recorded. Geological mapping shows that the gold is contained within narrow quartz veinlets cutting through the granitic host rock. Each quartz veinlet ranges between 0.2 and 1m wide. Multiple veinlets have been observed, running in parallel groups that form a system 70 metres long and up to 100m wide. Significantly, a broken quartz rock 'float' sitting on top of the adjacent surface indicates the vein system could possibly be wider than mapped. Some of this quartz float has been sampled and results of up to 5.96 g/t Au have been recorded. ADDITIONAL SOIL SAMPLING PROGRAMME: Further supporting the mapped outcrop detailed in this announcement, the field team have also completed a large soil sampling programme over and along strike of the quartz vein system identified. The soil programme has two objectives. Firstly, to discover gold bearing soils that are likely sitting in close proximity to other quartz vein systems in the adjacent creek system and secondly, to identify the best gold 'hotspots' above the sub-cropping gold bearing quartz float. The geo team fully expect this methodology will provide specific targeting for subsequent trenching and drilling work. With additional results still due from Flaggy Creek and other Lolworth prospects, further updates will be provided in the coming months. Tillkännagivande • Oct 24
ECR Minerals plc Announces Encouraging Gold Results from Lolworth Project ECR Minerals plc announced the results from outcrop mapping and sampling within the vicinity of the Upper Gorge Creek at the Lolworth Project, North Queensland, Australia. The Lolworth Project is located approximately 120km west of the historic gold mining centre of Charters Towers, North Queensland, Australia. The project consists of three exploration tenements (EPM27901, EPM27902 and EPM27903) which are operated by LUX Exploration Pty Ltd, a wholly owned subsidiary of ECR ("LUX"). LUX has identified numerous Gold, Niobium and REE anomalies within the project. Highlights: Mapping and sampling results from recent on-site geological investigations in the Upper Gorge Creek show the presence of gold. A number of exposed outcrops up to 3m wide x 20m long in the Gorge Creek West ridgeline show gold results up to 13.75 g/t Au from initial rock chip testing. Results from soil grid work over the ridgeline to test for other gold bearing sub-crops in the vicinity are also due shortly. A rhyolitic dyke 5m wide x 200m long that contains anomalous gold has been discovered in the Gorge Creek East area. Rock chips collected over the extent of the outcrop average 0.25 g/t Au, with one best result of 8.02 g/t Au. Whilst the results are still at an early stage, the Board are greatly encouraged by these findings and the Directors believe these gold sources within the rocks could form part of a larger system within the tenement. Tillkännagivande • Oct 07
ECR Minerals plc Announces the Final Rock Chip Results and Latest Exploration Developments at the Hurricane Project ECR Minerals plc announced the final rock chip results and latest exploration developments at the Hurricane Project. The project area is located approximately 200km west of Cairns in North Queensland, Australia. Accordingly, the Board is continuing to evaluate the Hurricane Project and in particular, the mineralised vein systems currently established at Hurricane are known as the Holmes, Tornado, Cyclone, Pedersons, Bouncer, Typhoon and the Hurricane North and South. HIGHLIGHTS: Final results from the Hurricane Project received for 224 rock chip samples. Best results include grab samples up to 45.7 g/t Au (Hurricane North) and 43.2 % Antimony (Holmes South) or 83.38 g/t gold equivalent grade. A full review of the size and extent of mapped visible outcrops is presented below. Quartz stockwork zones up to 20m wide have been confirmed at the Holmes prospect. the Board are pleased to provide a summary of all results from the extensive rock chip sampling and mapping programme undertaken during August 2023. The work also formed part of the due diligence as part of the terms of the agreed option agreement which detailed the potential purchase of the Hurricane Project from current vendors Placer Gold Pty Ltd, as detailed above. The field team used a Differential Global Positioning System (DGPS) to map out the boundaries of all visible outcrops and to determine the approximate potential strike and width of each quartz lode. In some instances, the exposed outcrops were rock chip sampled across the width of the lode and composite widths and grades were calculated from there. The majority of samples collected are considered 'grab samples' where the outcrop has been chipped within geological boundaries including shear zones, hanging walls and footwall quartz stockworks, and these samples have then been used to provide the Board with an indication of the potential Gold and Antimony grades within each prospect. The Gold equivalent value for Antimony has been calculated by reference to the formula (Sb% x 1.9), this is an internally generated formula based on widely accepted principles. It should be noted that grab sampling has been used to infer the possible grades and does not represent an in situ resource. We have cross referenced the following prospects to five separate linked figures. HOLMES AND HOLMES SOUTH: The Holmes vein is the dominant vein system at the Hurricane Project. Not only is gold present within the vein, Antimony (present as Stibnite) is also visible and has been seen numerous times in outcrop. Company have sub-divided the prospect into four main outcrops (A, B, C, D). The best Gold and Antimony grades lie adjacent to the Holmes Shear Zone. Where exposed, the shear is up to 1m wide. Approximately 20m in strike is exposed in Outcrop C and 99m in strike exposed in Outcrop D. The shear has a Hanging-wall zone up to 20m wide that contains quartz stockworks. Company grab sampling recorded a potential average grade of 3.65 g/t Au Eq across the 20m wide zone and along the 20m exposed strike in Outcrop C. Two composite samples have been calculated from rock chipping across the NW and SE ends of Outcrop D at 4.55m @ 4.87 g/t Au and 4.55m @ 2.81 g/t Au. Outcrop A and B are large exposure of sandstone on top of the hill containing quartz stockworks. Outcrops are up to 15m wide and 47m long. Average grab samples over the exposure returned 1.16 g/t Au. CYCLONE AND TORNADO: The Cyclone vein resides between the Holmes and Tornado lodes. The exposed vein is narrow, 94m long and up to 3.6m wide with best length and width found at a central 'bulge'. Our grab sampling throughout returned an average 1.75 g/t Au, although the majority of Cyclone samples were not considered to be of a commercial grade. The Tornado vein was the first lode sampled due to easy site access via an existing 4WD track. The current outcrop is split by the East, Mid and West exposures (see figure 3b above), with the best values located in the East Outcrop. Two composite chip samples taken across the width of this outcrop recorded grades of 4.2m @ 2.39 g/t Au and 2.2m @ 1.91 g/t Au, and a footwall quartz exposure was recorded by the field team to the south. The LIDAR data indicates a possible extension to the Tornado vein lying to the west of the mapped area. Company have not verified this at the current time. HURRICANE NORTH AND TYPHOON: The Hurricane North and Typhoon lodes are located at the bottom of a mountain range on the eastern side of the tenement. These lodes show evidence of past mining activity although have concluded that probable challenges in accessing the region 100 years ago resulted in most of the historical workings being limited, shallow and under-developed. The field team prioritised sampling from in-situ exposed veins within the workings, and where this was not possible, grab samples were taken from ore dumps to help provide balanced estimates for the grades that were being mined. The Hurricane North and Typhoon lodes contain only Gold. Best results were obtained from the southern part of the Typhoon lode. The in-situ vein is up to 42m long and 0.4m wide (at best), and is exposed within shallow trenches. Where sampled obtained grades up to 29.0 g/t Au and recorded chip sample grab grade averages of 8.39 g/t Au over the exposed length of vein. Whilst the strike extent is short and the vein narrow, the Board believes the sampling to date already indicates this would be an ideal drill target. There are old access tracks to this area which the Board are satisfied could be used to transport drilling equipment to the site. company have also identified a potential 25m long zone in the Typhoon North area with grab samples up to 8.21 g/t Au. The Hurricane North workings have been extensively mined on the eastern portion with the vein hosted within a wide black shale. Although limited sampling material was available, the samples collected yielded a best result of 14.75 g/t Au. In addition, the field team were able to sample exposed veins and ore dumps at the Central and North Western workings. Results up to 45.70 g/t Au from ore piles and 0.4m @ 5.84 g/t Au were recorded from exposed veins. HURRICANE SOUTH: Extensive historical workings were mapped and recorded at the southern part of the Hurricane South prospect. Remnant quartz veins in exposures returned a result of 0.5m @ 4.05 g/t Au, and as the lode narrows to the north, the field team recorded a grab sample of 41.5 g/t Au. Small outlying workings to the west of the prospect returned grab samples of 16.10 g/t Au and 6.65 g/t Au from the mine dump. The vein could not be traced along strike. Tillkännagivande • Sep 27
ECR Minerals plc Announces the Latest Exploration Developments for the Lolworth Project, North Queensland, Australia ECR Minerals plc announced the latest exploration developments for the Lolworth Project, North Queensland, Australia. The Lolworth Project is located approximately 120km west of the historic gold mining centre of Charters Towers, North Queensland, Australia. The project consists of three exploration tenements (EPM27901, EPM27902 and EPM27903) and are operated under the 100% owned LUX Exploration Pty Ltd. The Company has identified numerous Gold, Niobium and REE anomalous within the project. Since commencing work at Oaky Creek, ECR has logged a series of highly anomalous Niobium (Nb) and Tantalum (Ta) stream sampling results from the upper reaches of the creek. The Company reported up to 146 ppm Nb in the first pass soil sampling grid on the 19th July 2023. Whilst still early stage, the high priority zones identified from the first pass grid and tested in-house using a pXRF have been followed up, and 17 samples reporting greater than 80 ppm Nb have been identified, with a best result of 497 ppm Nb. It is important to note the results from pXRF data are qualitative not quantitative and should only be used for identifying the pathfinder anomaly. These new results combined with the first pass soil sampling show strongly elevated levels of Nb within the centre of the sampled area. Previous high-grade Nb and Ta results from sampling the drainage systems that originate from this elevated centre support the new soil sampling results within the anomalous area and bullseye identified. The field team and the Board have agreed that the next logical next step will be to undertake a traverse ‘ridge and spur’ rock chip sampling program over the anomalous area. This work is expected to be completed before the 2023 field season ends. Results from a further 81 samples have been received from the ongoing pan concentrate stream sampling program from streams tested in the northern part of the tenement area. Although these results returned no gold, a small group of samples were taken from streams located approximately 2km to the west of the Reedy Creek area which returned high concentrations of gold with results up to 128 ppm Au. Visible coarse gold particles were often seen during the sampling process and for the majority, correlate well with the best laboratory gold results. More significantly, these results extend the gold footprint further west from Reedy Creek, and a follow-up soil sample grid programme has been scheduled for completion in the near future. All gold results greater than 0.1 ppm Au have been tabled in Appendix One to this announcement. The majority of these stream results have been taken from outside of the Niobium-Tantalum and REE prospective area. Results have returned 14 stream samples reporting greater than 80 ppm Nb with one best result of 2380 ppm Nb. This best result also correlates to other REE elements including Lanthanum (La), Neodymium (Nd), Praseodymium (Pr), Ta and Yttrium (Y). The best Nb results have been identified within isolated creeks in the eastern part of the project area and are encouraging signs for the regional prospectivity for critical minerals and REE in other unexplored areas of the tenement area. Within the upper reaches of the Gorge Creek catchment area, the creek system divides into western and eastern tributaries. While undertaking sampling work in the western tributary, the field team noted visible gold up to the dividing range spur and acquired a number of small gold nuggets up to 11 grams in weight. A targeted soil sampling program is now underway across the spur to identify the source of this gold. The company has also undertaken detailed outcrop mapping and rock chip sampling within the Woolshed Creek area which is located north west of Reedy Creek. A series of parallel creeks showing gold values backed up by visible gold were identified previously, and a rock chip located in a narrow-mineralised vein returned 4.73 g/t Au. The field team returned to this vein during the September 2023 work programme to map out and rock chip sample other similar small veins running in parallel. Results from this work are expected in October 2023. Although it is unlikely that all veins will be gold-bearing, the Board and field team are of the opinion that the trend of previous stream results in the area along the strike of outcrop provides sufficient evidence to mark out the zone as an area of high prospectivity. A follow-up soil sampling grid over this strike area is planned shortly. NEXT STEPS: The exploration season in North Queensland typically ends by December 2023 with the onset of the tropical wet season and with flooding preventing access. Before this, its exploration work plan is shown below with the objective being to gather sufficient data to be analysed whilst the team are off-site during the wet season to identify the broader exploration potential of the region. 1.Soil sampling programme across the creeks at the head of Gorge Creek West. 2.Ridge and spur sampling across the best Niobium soil anomalies at the Oaky Creek prospect. 3.Soil Sampling over the Woolshed Creek headwaters. Board Change • Sep 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Chairman David Tang is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Trevor Davenport was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Sep 17
ECR Minerals plc Announces CEO Changes ECR Minerals plc announced the following board and management changes at a pivotal time for the Company’s exploration and development work across its assets in Australia. Nicholas (‘Nick’) Tulloch has been appointed to the Board as Executive Director and Managing Director and Michael (‘Mike’) Whitlow has been appointed as Chief Operating Officer (a non-board position). The new leadership team are taking up their roles with immediate effect. They have already begun to address ECR’s operational and strategic opportunities and the Company expects to make a further update to shareholders shortly. Andrew Haythorpe has informed the Board that he has decided to step down as CEO (non-board position) in order to pursue his other interests. Andrew has overseen the development of ECR during a challenging period for the Company, and in particular has worked closely with ECR’s geology team to develop the Company’s Queensland assets since taking up the role in April 2022. Nick Tulloch is Founder and CEO at Aquis listed Voyager Life plc, a health & wellness company focused on high quality CBD and hemp seed oil products. Prior to founding Voyager, Nick advised companies on the UK capital markets for over 20 years, working for several well-known investment banks and stockbrokers, including Cazenove, Arbuthnot, Cenkos and Cantor Fitzgerald. For much of his career, he specialised in international resources companies. He was finance director and then subsequently CEO of Zoetic International plc, the first CBD company listed on the London Stock Exchange (now Chill Bands Group plc). Nick began his career as a solicitor with Gouldens and he holds a Masters in law from Oxford University. The disclosures required pursuant to the AIM Rule for Companies, in relation to this appointment, are set out at the end of this announcement. Tillkännagivande • Sep 16
ECR Minerals plc Announces Management Appointments ECR Minerals plc announced the following board and management changes at a pivotal time for the Company’s exploration and development work across its assets in Australia. Nicholas (‘Nick’) Tulloch has been appointed to the Board as Executive Director and Managing Director and Michael (‘Mike’) Whitlow has been appointed as Chief Operating Officer (a non-board position). The new leadership team are taking up their roles with immediate effect. They have already begun to address ECR’s operational and strategic opportunities and the Company expects to make a further update to shareholders shortly. Nick Tulloch is Founder and CEO at Aquis listed Voyager Life plc, a health & wellness company focused on high quality CBD and hemp seed oil products. Prior to founding Voyager, Nick advised companies on the UK capital markets for over 20 years, working for several well-known investment banks and stockbrokers, including Cazenove, Arbuthnot, Cenkos and Cantor Fitzgerald. For much of his career, he specialised in international resources companies. He was finance director and then subsequently CEO of Zoetic International plc, the first CBD company listed on the London Stock Exchange (now Chill Bands Group plc). Nick began his career as a solicitor with Gouldens and he holds a Masters in law from Oxford University. The disclosures required pursuant to the AIM Rule for Companies, in relation to this appointment, are set out at the end of this announcement. Mike Whitlow is highly regarded as an entrepreneur with a long standing and successful business-building track record. Mike has spent over 20 years investing and financing small cap /start-up companies. Having started his career in the natural resources industry, more recently Mike has overseen and assembled a number of resource projects through his company Axies Ventures Ltd, where he has personally overseen two funding rounds and two work programmes in the Mediterranean and North America including a successful drilling campaign earlier this year. Mike is being appointed as COO in a non-board position at the Company, with the intention that, subject to requisite checks and approvals, he will be appointed to the board of the Company in due course. Further updates will be provided as appropriate. Tillkännagivande • Jul 22
ECR Minerals plc Announces Initial Geological Interpretations from pXRF Analysis of the First Planned Soil Grid ECR Minerals plc announced the initial geological interpretations from pXRF analysis of the first planned soil grid which is following up previously identified pan concentrate Niobium results to date from the Lolworth Project, Queensland. ECR Minerals plc has 100% ownership of three exploration tenements (EPM27901, EPM27902 and EPM27903), which covers the Lolworth Range, located 120km west of the famous gold district of Charters Towers. Previous exploration campaigns from 2021 have identified the presence of Gold (Au), Niobium-Tantalum (Nb-Ta) and REE mineralisation within the licenced area. The project is being explored under ECR's Australian wholly owned subsidiary Lux Exploration Pty Ltd. ("LUX"). A total of 1488 planned soil samples have been completed. Samples were taken on a 100m x 50m grid pattern on ridgelines immediately above anomalous streams that were previously found to contain over 5000 ppm Nb (0.5%). In-house pXRF analysis of 1386 samples from the completed soil sampling have shown Nb values up to 146 ppm to be present in soils below the eroded ridgelines. The best Nb values also correlate with a decreasing K/Rb Ratio which suggests fractionation of the pegmatitic rocks and the increased fertility for the mineralisation of critical minerals. More defined follow-up soil sampling and rock chip sampling is on track to be completed this year. Tillkännagivande • Jul 13
ECR Minerals plc Receives Data from the Recently Completed LIDAR Survey At Exploration Tenements Located in NE Queensland, the Hurricane Project ECR Minerals plc announced it has received data from the recently completed LIDAR survey at exploration tenements (EPM 27518, EPM 25855 and EPM 19437) located in NE Queensland, together known as the Hurricane Project. Interpretation of the LIDAR data shows potential outcrops along strike at the existing Gold and Antimony mineralised quartz breccias known as the Tornado, Cyclone and Holmes prospects. Highlights: Aerial LIDAR survey completed over exploration tenements EPM 27518, EPM 25855 and EPM 19437, together known as the Hurricane Project. Interpretation of LIDAR shows resistant ridgeline structures along strike at the existing Gold and Antimony mineralised quartz breccias known as the Tornado, Cyclone and Holmes prospects. The Board believes that the structures could also host other mineralised breccias that have yet to be explored. A follow up site visit to evaluate the identified structures with rock chip sampling will take place in August 2023. LIDAR Survey: The LIDAR (Light detection and ranging) survey is a well proven aerial survey method that sends out thousands of laser points to map the undulations of the ground surface in incredible detail. The initial Hurricane project LIDAR survey took place over an area of 50 square kilometres during the May to June in order to evaluate the terrain and plan for drill access to the Tornado, Cyclone and Holmes prospects. Interpretation of LIDAR Data: The processing of the LIDAR data has revealed a number of such topography highs along strike at the Tornado, Cyclone and Holmes prospects, and in particular to note that the weathering of the rock surrounding these known mineralised quartz breccias and stockwork veins has produced detailed, high resolution topography pictures. Although the Company cannot confirm that the outcrops identified from LIDAR host any mineralisation at this juncture, historically LIDAR interpretations generally represent a cost and time effective way to identify targets with potential for extensions to mineralisation, and these results add to confidence in the project potential. Next Steps: The geology team have now scheduled a ‘boots on the ground’ field visit to investigate these targets during August. The targets will be mapped and rock chip samples will be taken to evaluate any mineralisation at the delineated targets, and also to provide additional targets for follow-up drilling. Tillkännagivande • May 23
ECR Minerals plc Announces Updated Results from Gold Exploration Activities Within Licences EL006184 , EL5433 (Blue Moon) and EL7484 (Tambo North), Victoria, Australia ECR Minerals plc announced 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. 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. 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 the company's 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 50km2 LIDAR 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. Tillkännagivande • May 10
ECR Minerals plc Announces Exploration Begins for the 2023 Field Season at theolworth Range Project, North Queensland, Australia ECR Minerals plc announced that exploration has begun for the 2023 field season at the Lolworth Range project, North Queensland, Australia, with follow-up exploration of identified Gold and Niobium-Tantalum targets already underway. ECR Minerals plc has 100% ownership of three exploration tenements (EPM27901, EPM27902 and EPM27903), which covers the Lolworth Range, located 120km west of the famous gold district of Charters Towers. The project is being explored by ECR's Australian wholly owned subsidiary Lux Exploration Pty Ltd. ("LUX"). Exploration for 2023 is targeting Gold and Niobium- Tantalum anomalies found during last year's field season. Planned soil grids to be undertaken across a 2km x 4km potential pegmatite-dyke intrusive centre. Stream drainages leading from this area contain high concentrates of Niobium-TantALum mineralisation. Previously identified anomalous gold (including visible gold) within streams that are draining from regions of interpreted major fault lineaments represent major targets for the 2023 field season. ECR Minerals Plc has 100% ownership of 3 exploration tenements (EPM28001, EPM27902 & EPM27903), which cover the Lolworth Range, located120km west of the famous gold District of Charters Towers. The projects is being explored by ECR' Australian wholly owned subsidiary Lux Exploration pty Ltd. ("LUX). Exploration for 2023 is targeting gold and Niobium-TANTalum anomalies found during last years's field season. Planned soil grid to be undertaken across a 2 km x 4km potential pegmatites-dyke intrusive centre. stream drainages leading from this area contains high concentrates of Niobia-Tantalum mineralisation. Previously identified anomalies (including visible gold) within stream that are draining from regions of interpretation major fault lineaments represent major target for the 2023 field season". Tillkännagivande • Jan 25
ECR Minerals plc Announces Update on the Drilling Progress At the Blue Moon Prospect, Victoria ECR Minerals plc announced an update on the drilling progress at the Blue Moon Prospect, Victoria. This announcement contains the results for holes BBMDD005 to BBMDD008, which has tested the western extension to Blue Moon, identified in a previous drilling campaign completed in 2019 Drilling of associated holes BBMDD010 and BBMDD011 is currently underway in the same area (focusing on ECR’s best RC drilling intercept to date was completed in the 2019 campaign), and while drilling has been completed for associated drill hole BBMDD009, the sampling work is currently still underway. ECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which contains the gold prospects known as HR3, Cherry Tree, Blue Moon and Black Cat. The projects are operated by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd. OPERATIONAL UPDATE: The Board announced its intention to test the westerly extent of the Blue Moon body following the successful drill intercepts from 2019’s RC Drilling program. A total of 1000m of diamond drilling was initially planned over 4 holes, and was subsequently expanded to 7 holes. Drilling was completed for holes BBMDD005 to BBMDD009 prior to Christmas, with results now received for holes BBMDD005 to BBMDD008. Drilling throughout December 2022 took longer than anticipated with some maintenance required to the Company’s drill rig ‘Midas’, sustained wet weather and a pause in operations over the Christmas period (December 22nd to 9th January 2023). Drilling of holes BBMDD006 and BBMDD007 struck broken (faulted) ground that also slowed the daily drill metres. Despite this, the team intercepted the Blue Moon dyke rock in all 4 drill holes. Gold mineralisation can be demonstrated to extend further to the west however given the low grades from these holes the Board have taken the view that a final decision regarding further drilling and exploration at Blue Moon will be made on receipt of the final results for holes BBMDD009, BBMDD010 and BBMDD011. NEXT STEPS TO COMPLETE BLUE MOON CAMPAIGN FOR THIS SEASON: An additional campaign of three drill holes is now underway in the Blue Moon area. This includes drilling of holes BBMDD010 and BBMDD011 which is focused on the same area where ECR’s best RC drilling intercept to date was completed in 2019, and the Board expects that these results will determine the extent of the strike and width in this part of the Blue Moon prospect. The reason these holes were not completed first was largely due to logistics: the drill campaign took place on active farmland that requires timely drilling and Victoria has experienced one of the wettest winters on record which hampered initial drilling efforts during September and November. Associated hole BBMDD009 has also now been drilled underneath this zone, with sampling currently being completed and further updates will be provided in due course as appropriate. Tillkännagivande • Jan 24
ECR Minerals plc Announces Updated Results from Soil Sampling and Other On-Going Exploration Activities Within Licence EL006184 At Creswick, Victoria, Australia ECR Minerals plc announced updated results from soil sampling and other on-going exploration activities within licence EL006184 at Creswick, Victoria, Australia. ECR Minerals plc has 100% ownership of the Creswick Project which includes exploration tenements EL006907, EL006713 and EL006184. All licences reside north to north-east of the City of Ballarat, Victoria, Australia. The Company is exploring a number of parallel-gold mineralisation trends that are believed to extend 10km NE from the Nerrina Goldfields at Ballarat. UPDATED SOIL RESULTS AT DAVEY ROAD: Further results have been received from soil sampling at the recently announced Davey Road Prospect ‘CDY’. Plotting of all the results strongly suggests that gold mineralisation originates from the North end of a line of historical gold workings, with another strong gold anomaly also present at the southern end of the historic workings. The Board believes these two anomalies represent the outcrop of two possible gold shoots. GOLD ANOMALISM AT BLUE GUM SOUTH PROSPECT: Soil sampling has also been completed over a small grid area 200 metres to the north of some of the best drill intercepts from 2021’s diamond drilling, where hole CSD003 returned 0.95m @ 9.93 g/t Au from 84.2m and 0.95m @ 23.58 g/t Au from 89.05m down hole. This grid lies within the Dimocks Main Shale trend., and the Company has named this prospect Blue Gum South ‘BGS’ after the access tracks to the area. Gold ‘specks’ can also be obtained from the road gutters within the grid. A small anomalous area of gold has been identified on the east side of the grid area with a maximum result of 1.59 ppm Au. Abundant quartz veining is visible across the hillside immediately above the anomalous area. Rock chips of the exposed part of the vein within the track have shown no gold result to date. NEXT STEPS: The soil exploration methodology utilised on EL006184 has proved effective in identifying blind outcrops of gold mineralisation. The anomalies identified to date will provide the foundations for a drilling program this year. Permits are being currently drafted for submission to the regional government. Additionally, the field team have been actively sampling and mapping insitu quartz veins from exposed features accessible within historic adits, pits and trenches within EL006184 and the newly granted tenement EL006713 adjoining to the south. Added to this, the Company is also targeting other potential prospects along the strike of the Dimocks Main Shale trend. The aim of this work is to evaluate veining widths where possible and to provide some guidance in regard to possible gold grades from historical workings. This work will also form a key part of the drill programme planning process. Further details of the planning process will be released in due course. Tillkännagivande • Jan 04
ECR Minerals Receives Approval for Two Further Exploration Tenements in Victoria, Australia ECR Minerals plc announced it has received approval for two new exploration tenements in Victoria, Australia. New tenement EL007296 now completes the total exploration package at Bailieston, Victoria. New Creswick tenement EL006713 effectively connects EL006184 and EL006907, creating a continuous land package from ECR’s Springmount property south through to the outskirts of Ballarat. EL0007296 and EL006713 have been formally approved by the Victorian Government as of the 28th December 2022. Initial ground activities such as mapping, soil and rock chip sampling will begin in early 2023. EL007296 adjoins EL5433 and covers the strike extension of the Bailieston Anticline. Known mineralisation occurring across the Bailieston prospects at HR3, Cherry Tree and Blue Moon are closely related to this anticline, and to date, there is no record of any exploration taking place within these new tenements. EL006713 is located between ECR’s two other approved tenements EL006184 and EL006907 at Creswick, and effectively creates a continuous land package from ECR’s Brewing Lane property at Springmount south through to the outskirts of Ballarat. The approval of EL006713 means that on-ground exploration activities such as soil sampling and rock chips can now begin, with initial targets focusing on the proposed strike of quartz veins which the Board believe are hosted within the Dimocks Main Shale. In addition, the source of the alluvial gold within the western headwaters of the Madame Berry Deep Lead may reside within this new tenement. Tillkännagivande • Dec 23
ECR Minerals plc Announces Updated Soil Sampling Results from On-Going Geochemistry Exploration on EL006184 at Creswick, Victoria, Australia ECR Minerals plc announced updated soil sampling results from the on-going geochemistry exploration on EL006184 at Creswick, Victoria, Australia. These results highlight a potential new parallel gold system within the Dimocks Main Shale (DMS). ECR Minerals plc has 100% ownership of the Creswick Project within licence areas EL006184 and EL006907, which resides 14km north-east of the City of Ballarat, Victoria, Australia. License EL006907 also links Creswick to the Ballarat East-Nerrina Goldfield. The Company is exploring a number of parallel-gold mineralisation trends that are believed to extend 10km south towards Ballarat. Creswick Lidar Imagery: Recently, LIDAR imagery covering ECR’s Creswick exploration tenements became publicly available. The imagery reveals the surface terrain, which otherwise is hidden underneath thick forest canopy and undergrowth. Additional historical alluvial gold workings along the numerous creek drainages within the tenement have been revealed in creeks 500m to the east of the Dimocks Main Shale trend (DMS), which was recently drilled throughout 2021. Although the primary source of the alluvial gold has not yet been discovered, ECR geologists quickly identified possible locations for a primary gold source on the hillslopes above these alluvial workings. The field team have recently finished soil sampling on these hillslopes. Parallel Gold System Identified: Two main areas have been identified with anomalous gold, respectively named the Davey Road Workings and the South Davey. The Davey Road Workings consist of historical trenches and shallow shafts with a strike length of 150 metres. Two worked alluvial gullies lead up to the outcrop from the west. A soil sampling grid was completed over the extent of the workings, aiming to identify gold near the surface through its presence within the surrounding soil. Results to date show gold is present within soils located at the north end of the old gold workings, and these anomalies also coincide with shallow pits and trenches on the land. The historical workings gradually get deeper to the south of the site, potentially indicating a south plunging gold system. Additional duplicate soil samples were taken and panned down by gravity separation to check for visible gold. A number of fine visible gold samples were present within the soils, correlating with the laboratory samples returning gold concentration above 0.11 ppm Au. The extent of the anomaly is highlighted in red in. The South Davey prospect is located approximately 600m along strike to the south of the Davey Road workings. Historical alluvial workings heading east from Jackass Gully lead up to this area, showing where previous prospectors were searching for the primary gold source without success. Results to date again show gold is present within these soils with the best anomaly located on the north end. Duplicated samples are also showing the presence of visible fine gold within the anomalous area. An example of the fine gold is shown in. Next Steps: The results to date have proven up the company’s exploration methods using LIDAR imagery and targeted soil geochemistry, and have narrowed down a potential location for the primary source of gold mineralisation. As the company prepare a shortlist of drill targets across the best anomalies for a 2023 Creswick drilling campaign, the company’s LIDAR Geochem approach will be applied across all of the company’s Creswick tenements in the coming months. ECR now has 10km of strike along what the company believe is the most prospective ground towards Ballarat. Tillkännagivande • Dec 14
ECR Minerals plc Announces the First Round of Results from the Recent Stream Sediment Sampling Campaign Undertaken At the Lolworth Range Project, North Queensland, Australia ECR Minerals plc announced the first round of results from the recent stream sediment sampling campaign undertaken at the Lolworth Range project, North Queensland, Australia. ECR Minerals has received the results from 125 pan concentrate stream sediment samples which are representative of the first batch of samples submitted to the laboratory in late September 2022. A further 212 samples have been submitted recently with results expected in due course. Visible gold has been observed in the concentrates of 18 out of the 125 samples (14.4% of the total), which is a better outcome than the results from previous exploration by ARI Ltd. in 1987-88. All gold results to date have been arranged in increasing order of grade (Au ppm) and analysed by a cumulative probability plot. Results show the presence of five (5) considered gold populations, characterised by the following; Group 1: Extreme values with a grade range between 5.5 and 152.5 ppm Au. Group 2: Highly anomalous values with a grade range between 2.1 and 5.5 ppm Au. Group 3: Mid anomalous values with a grade range between 0.6 and 2.1 ppm Au. Group 4: Low anomalous values with grades ranging between 0.13 and 0.6 ppm Au. Group 5: Considered background values of the surrounding region representing no anomaly with a grade range between 0.00 and 0.13 ppm Au. These represent approximately 83% of all sampling reported. The ECR board considers samples that fall into groups 1, 2 and 3 to be anomalous in gold. Samples falling within group 4 are a low priority, however some follow-up sampling will be needed as a double check. In practice, sampling in the field has shown that not all negative laboratory results correlated with observed visible gold in the panning process. An example is that 8 out of the 89 samples falling into group 5 (background value) were notable for visible gold. This will be taken in consideration for follow up sampling campaigns. These first results from Lolworth Range lead the Board to believe that the area is highly prospective for gold, increasing both knowledge of the region and confidence in the overall project potential. The sampling campaign has built considerably on the limited past exploration by ARI Ltd. in 1987-88. ECR Technical Director Adam Jones visited the project in early November 2022, and in his field inspection he noted multiple pegmatites throughout the tenements. Previous exploration work had noted Tungsten (W) and Tin (Sn) mineralisation within parts of the region and armed with this knowledge, further analysis is being conducted on all samples to identify potential pathfinders for critical minerals. There are another 212 stream sediment samples currently being analysed in the laboratory. In addition, 33 rock chips taken from observed mineralised veining at the ‘Uncle Terry’ historical prospect are also being analysed. Tillkännagivande • Nov 18
ECR Minerals plc Announces Encouraging Results from First Drill Hole of 2022 At Blue Moon, Victoria ECR Minerals plc announced gold results from the first drillhole for 2022 (BBMDD004) completed at Blue Moon. ECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which contains the gold prospects known as HR3, Cherry Tree, Blue Moon and Black Cat. The projects are operated and drilled by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. (“MGA”). HIGHLIGHTS: Results from the first diamond drillhole for 2022 are encouraging with 0.5m @ 7.29 g/t Au from 96.9m; Drilling continues with three out of a planned four-hole program completed to date with samples awaiting results pending. BBMDD004: BBMDD004 is the first diamond drillhole completed from an initial four-hole programme designed to test for mineralised continuity of the Blue Moon gold bearing structure. The drill site is located west of where the 2019 RC drill programme finished. Hosted within an east-west striking dyke formation, mineralisation at the Blue Moon prospect is characterised by alteration and bleaching of the dyke. The mineralised fluids responsible for the bleaching are also identified by the increase in the arsenic geochemistry and pyritic sulphidation. Geological logging to date has also identified that gold mineralisation is most evident in the vicinity of millimetre scale swarms of quartz-carbonate veinlets. The best intercept in BBMDD004 of 0.5m @ 7.29 g/t Au from 96.9m downhole is associated with such veinlets. NEXT STEPS: Drilling is now complete at three out of the four planned holes. Sampling has also been completed and anticipate that the next results will be reported before the Christmas period. The drill core looks encouraging with the typical bleaching and sulphides present in all holes drilled to date. Accordingly, the Directors have agreed that the final decision to continue with further drilling will be based on the pending drill results. Tillkännagivande • Oct 20
ECR Minerals plc Announcesre-Assay of Creswick Diamond Drill Core Reveals High Grade Results Including 0.7M @47.75 G/T Au ECR Minerals plc announced results from a re-assay of selected diamond drill core from the Creswick diamond drilling program completed in 2021. ECR Minerals plc has 100% ownership of the Creswick Project within licence area (EL006184), which resides 14km north-east of the City of Ballarat, Victoria, Australia. The Company is exploring a number of parallel-gold mineralisation trends that are believed to extend 10km south towards Ballarat through two other tenements in hand, respectively (EL006907) and (EL006713). Licence EL006907 is approved for commencement of work whilst the EL006713 application has been accepted and is awaiting final approval from the Victoria State Government, at this stage there can be no guarantee that this licence will be granted but the Directors have every expectation it will be. All Creswick tenements are operated by the 100% owned Australian subsidiary company Mercator Gold Australia Pty. Ltd.(” MGA”). Duplicate sampling of selected quartz-mineralised intercepts from the diamond drilling campaign of 2021 shows significant increase in reportable gold grades including; 0.7m @ 47.75 g/t Au from 147m in hole CSD001. 1.1m @ 6.13 g/t Au from 98m in hole CJD002. 1m @ 3.9 g/t Au from 86.5m, also in hole CJD002. Results from duplicate samples reveal the high variability of coarse gold present at Creswick. Sampling protocols are proving to be the right strategic method for continuing a sound and aggressive exploration method at Creswick. Ongoing surface exploration in the immediate area is testing for follow-up drill targets. Tillkännagivande • Oct 17
ECR Minerals plc Announce the Final Gold Results from the 2022 Drill Program At the HR3 Prospect At Bailieston ECR Minerals plc announce the final gold results from the 2022 drill program at the HR3 prospect at Bailieston. ECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which contains the gold prospects known as HR3, Cherry Tree, Blue Moon and Black Cat. The projects are operated by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. (“MGA”). ECR Minerals have been drilling targets throughout 2022 on their Bailieston tenements located in Victoria, Australia. Company's drilling activity has been predominantly within the HR3 Goldfield, focussed on the main NNW striking gold-quartz mineralised systems including Byron Reef, Scoulers Reef and the Maori Reef. Initial drilling by ECR in 2021 focussed on the Byron Reef and indicated that gold mineralisation was not continuous. In early 2022 the focus shifted to the Maori Reef which is the most easternly known vein system within the HR3 Goldfield. ECR geologists concluded that the Maori Reef is hosted within an anticlinal fold now called the ‘Maori Anticline’. Early drilling into this anticline has been successful (Holes BH3DD009, BH3DD010 and BH3DD011). Drilling continued to follow the anticlinal fold to the north and in depth with successful intersections in holes BH3DD019, BH3DD012 and BH3DD034, which contained visible gold. The reported drill results in this announcement are for the final drilling completed to date at HR3 to follow up the best results adjacent to hole BH3DD034 and include additional test drilling into the parallel quartz reef systems. Drilling was completed at the end of July 2022. Final results have just been received after long delays in laboratory turn-around due predominantly to issues relating to the COVID-19 pandemic. A total of eight holes were drilled in this final stage of drilling. Full details of the drill results are set out at the end of this announcement: BH3DD036 was drilled underneath the north end of the Maori Reef at the point where historical workings ended. The Maori Anticline was passed through at 92m where the hinge faulted. The best result was 0.3m @ 0.28 g/t Au from 176m. Drilling ended at a depth of 206.55m. BH3DD037: The drill team moved to the centre of the HR3 Goldfield to test the Scoulers Reef near the surface. A selected number of the following drillholes were also extended to test the Maori Anticline at depth. BH3DD037 drilled underneath the coincidental reported soil ‘Anomaly C’ and the location of earlier high-grade rock chips. Drilling results show a broad zone of lower grade mineralisation. The best intersection was 0.5m @ 4.55 g/t Au from 33.6m which relates to the Scoulers Reef. The hole ended at 115.8m. BH3DD038: This hole drilled towards the east, passing through the Scoulers Reef at 27m depth and the Maori Anticline at 280m depth. The best intercept was 1m @ 3.34 g/t Au from 27m. A speck of visible gold was noted in thin quartz veinlets at 175.8m, however this was not reflected in the sampled grade of (0.4m @ 0.42 g/t Au from 175.8m). Drilling ended at a depth of 308.5m. BH3DD039: Hole BH3DD039 was drilled underneath soil anomaly ‘B’ as reported in December 2021 (see RNS dated 23 December 2021, a link for which is above). Despite the presence of anomalous gold, no significant results greater than 1 g/t Au where intersected. Best result was 1m @ 0.96 g/t Au from 62.7m. This hole finished drilling at 140.8m. BH3DD040: This hole was drilled towards the intersection of the Maori and Hard-Up Reef at depth. The Maori Reef was intersected at 242.3m with a grade of 1.96 g/t Au over a length of 0.35m. The best result from this hole was from the Scoulers Reef with 0.4m @ 3.99 g/t Au from 13.6m depth. This hole ended at 275.1m. BH3DD041: Whilst drilling continued towards the east into the Maori Antcline and Scoulers Reef, the decision was taken to drill a preliminary hole into the Byron Reef to the south of the old Byron Mine after locating an exploration percussion hole from an earlier phase of exploration in the 1980’s. Historical documentation showed the hole BLP140 had previously yielded 3m @ 28 g/t Au from 33m. ECR’s drilling revealed the presence of a major shear zone containing sulphide and quartz mineralisation around 104m in depth. No significant gold was intercepted with the best result being 0.4m @ 0.53 g/t Au from 64.6m. This hole finished at 139.8m. BH3DD042: This hole was intended to drill deep into the Maori Anticline underneath the previous drilling of BH3DD017 and BH3DD012. The anticline was successfully identified at 273m where mineralisation was sampled returning 1m @ 4.96 g/t Au. The Scoulers Reef was also intersected in the upper portion of this hole with an intercept of 0.2m @ 9.22 g/t Au from 41.1m drill depth. This hole ended at 356.6m. BH3DD043: Hole BH3DD043 was the last drill hole completed at HR3 this year. The hole was intentionally drilled to intercept the Maori Anticline approximately 25m to the immediate north of nearby drillholes BH3DD034, BH3DD035 and BH3DD019. The best mineralisation drilled was identified in a footwall vein to the Maori Anticline, with best intercepts beginning at a depth of 54m including 1m @ 4.82 g/t Au followed immediately by adjacent high-grade intercepts of 1m @ 5.54 g/t Au, 1m @ 9.79 g/t Au and 1m @ 15.91 g/t Au. This high-grade zone represents a length-weighted composite grade of 4m @ 9.01 g/t Au. This is the best length multiplied by grade intercept drilled to date in HR3. Drilling ended at a final depth of 194.5m. Tillkännagivande • Sep 15
ECR Minerals plc Commences Drilling At Blue Moon Prospect, Bailieston, Victoria ECR Minerals plc announced that drilling has commenced at the Blue Moon prospect at Bailieston using the Company’s own ‘MIDAS’ drill rig.ECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which contains the gold prospects known as HR3, Cherry Tree, Blue Moon and Black Cat. The projects are operated and drilled by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. (MGA). Highlights: MIDAS drill rig team commences diamond drilling an initial four holes covering 1000 metres. The campaign will follow-up good results from the RC Drilling finished in 2019. Plans are already in place to expand the drilling programme subject to results. Blue Moon Prospect and Drill Plan: The Blue Moon prospect is located 8.5km directly south of the currently drilled HR3 prospect. The mineralisation at Blue Moon is hosted within a massive sandstone body striking east to west which differs to the majority of other gold prospects within the region that usually strike north-south. In addition, quartz mineralisation is generally absent, which as a result means that historic prospectors do not appear to have discovered the outcrop. RC drilling in 2019 shows gold mineralisation to be associated with disseminated sulphide, present as arsenopyrite. The eastern end of the known outcrop has been cut by an interpreted cross fault. As announced on 11 August 2022, drilling will be undertaken using ECR’s owned and operated diamond drill rig named ‘MIDAS’. From these two locations, drilling will firstly investigate the possible strike extension of the Blue Moon prospect west of and at the point where the RC drill program in 2019 finished. Four initial holes are planned for an approximate total of 1000m, the outcome of which will determine further drilling. If the planned drilling successfully intersects mineralisation, this has potential to double the strike extent of the prospect. Previous drilling at Blue Moon only covered a small section of the outcrop. The deposit is open at depth and also along strike to the west and east. Permissions from landholders are currently in progress to explore the potential strike further to the east where an interpretative cross fault ends the known current outcrop. Plans are already in place to expand the drilling programme subject to results from the initial four holes. The style of the Blue Moon mineralisation also raises further questions over other potential opportunities within the region to discover another ‘Blue Moon’. ECR is well positioned in this regard, with adjacent exploration tenements to EL5433, covering similar regional geology awaiting approval. Overview of Previous Exploration Work: Three diamond drillholes and twelve RC drillholes were completed during the 2018 and 2019 period. This drilling is broadly spaced over a strike length of 110m, and the deepest intercept isn’t more than 175m below surface. The RC drilling campaign during 2019 showed promise on the most westerly drill section where the best results have included 2m @ 17.87 g/t Au from 51m (RC hole BBM007) and 3m @ 3.88 g/t Au from 169m (RC hole BBM006). It is emphasised that both these intercepts are supported within part of a broader zone of lower grade mineralisation such as 15m @ 3.81 g/t Au (BBM007) and 11m @ 2.42 g/t Au (BBM007). As such, these increased widths could be supported by grades of potential economic interest, but it is not guaranteed. Drilling to date has not continued into and across the track easement to the west of the RC Drilling. Tillkännagivande • Jul 12
ECR Minerals Plc Announces Drill Results from Bh3dd035 Show Signs of Grade Continuity At Bailieston, Victoria ECR Minerals plc announced the gold results from hole BH3DD035 from drilling at the HR3 prospect at Bailieston. Early stages of geological interpretation are linking the results from BH3DD035 to adjacent drillholes BH3DD012, BH3DD019 and BH3DD034. Minerals has 100% ownership of the Bailieston Project (EL5433) which contains the gold prospects known as HR3, Cherry Tree, Blue Moon and Black Cat. The projects are operated by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. Best result in BH3DD035 was 0.25m @ 16.15 g/t Au from 163.25m drilled depth. Mineralised zones show continuity to adjacent previously drilled intercepts in holes BH3DD012, BH3DD019 and BH3DD034. In response to the visible gold observed in BH3DD034 at 149.2m depth, BH3DD035 was drilled in the same direction as BH3DD034 but at a steeper dip with the expected vein target around 175m depth. A quartz vein with similar textures to the veining identified in BH3DD034 was drilled through at 163.25m depth in BH3DD035. Results from this vein revealed 0.25m @ 16.15 g/t Au and is the best intercept from this hole. Once mineralisation was passed the hole terminated at the final depth of 185.15m. Observations show that mineralised zones within BH3DD035 link geologically to adjacent drillholes BH3DD012, BH3DD019 and BH3DD034. The best intercept in BH3DD035 at 163.25m correlates approximately 20m below a stibnite (antimony sulphide) vein in BH3DD019 which revealed an intercept of 0.3m @ 4.59 g/t Au. Anticipate that the long awaited assay results from hole BH3DD032, which targeted vein continuity another 20m below hole BH3DD035, and which are due from the assay laboratories shortly, will further add to understanding of the size and structure of this target zone. Quartz veining has been observed in hole BH3DD032 within the expected target zone. Tillkännagivande • Jun 09
ECR Minerabls plc Announces Multiple High Grade Gold Intercepts from Bailieston Victoria ECR Minerabls plc announced a progressive update from drilling at HR3, Bailieston with high gold intercepts received for hole BH3DD034. Visible gold was previously announced from this hole Drillhole BH3DD034 returned four high gold grade intercepts at drilled depths; ([email protected] 20.34 g/t Au from 18.2m), (0.65m @ 13.02 g/t Au from 54.2m), (0.3m @ 10.59 g/t Au from 97.9m) and (0.25m @ 45.0 g/t Au from 149.2m). •Visible gold recorded at 149.2m depth. Mineralised zones show continuity to adjacent previously drilled intercepts in hole BH3DD019. Hole BH3DD034 was one of four holes completed as follow-up drilling to previously announced hole BH3DD019, where four mineralised ‘zones’ were identified down-hole. The location of this drilling is shown at the top of the plan in fig 2 (linked above). To date, drilling and geological logging has been completed with assay results pending for complimentary adjacent drillholes BH3DD032, BH3DD033 and BH3DD035. Hole BH3DD034 was drilled between the 4th and 11th of April 2022, and finished at a total drilled depth of 167.5m. Drilling was completed over six working days averaging 28m per day, which includes mobilisation and setup time. Progress was initially hampered by water loss and broken ground within the first 100m of drilling. Visible gold was reported at a depth of 149.2m, hosted within a narrow bedded laminated quartz vein. Gold specks up to a particle size of 2mm are present. This vein resulted in an intercept of 0.25m @ 45.0 g/t Au. The immediate wall rock either side of this vein is supported by low, sub-gram gold grades representing a mineralised drilled interval of 6.7m @ 2.13 g/t Au from 146.3m. Three other mineralised zones have been identified further up-hole including 0.3m @ 20.34 g/t Au from 18.2m, 0.65m @ 13.02 g/t Au from 54.2m and 0.3m @ 10.59 g/t Au from 97.9m. Each mineralised zone is approximately spaced throughout the drilled hole depth. Arsenopyrite (sulphide) crystals in the shape of small lathes and needles were seen within the high-grade interval at 97.9m. Sulphides crystallised in this manner are known to be associated with good gold values, such as those at nearby deposits located at Nagambie and the Fosterville Fault zone. ECR Geologists have linked some of the four mineralised zones in BH3DD034 to similar zones in hole BH3DD019. Intercepts in hole BH3DD019 are within 50m to the south of intercepts in BH3DD034. Details of the link between mineralised zones can be seen in fig 1. In particular, The company has noted the continuity of grade between Zone 2 in BH3DD019 and Zone 3 in BH3DD034. Due to the broken nature of these intercepts, a clear understanding of the dip of mineralisation is not well understood at this stage. The laminated texture of the quartz and the relationship of the angle of quartz intercepts to bedding planes infers that the mineralised zone is likely to be bedding parallel in nature. The veins reside in the hanging-wall of a narrow fault where bedding dip angles change dramatically. This fault contains low gold mineralisation. With the results of BH3DD034 now received, the board eagerly awaits the results of adjacent holes BH3DD032, BH3DD033 and BH3DD035. Despite the narrow nature of the reported mineralised zones, there is high optimism for continuity of mineralisation as seen currently by the correlating intercepts between hole BH3DD019 and BH3DD034. It is becoming clear the fold hinge (termed the ‘Maori Anticline’) hosts multiple narrow faults and bedded veins that host gold-antimony arsenic (stibnite) mineralisation. Heading south from BH3DD034 toward the intersection of the Maori Reef with the Hard-Up Reef, drilling is now complete for hole BH3DD038. Logging is nearly complete, with samples already in waiting for completion of assays at the laboratory. Similar mineralised zones as seen in BH3DD034 have been identified in the latest drilling and the Company is looking forward to publishing these results in due course. The mineralised system is open immediately to the north of BH3DD034 and it is with this understanding that a complimentary drillhole will be undertaken within this vicinity. Tillkännagivande • Apr 23
ECR Minerals plc Provides Update on Drilling at HR3, Bailieston ECR Minerals plc provided update on drilling at HR3 including the highest grade gold intercept yet below the soil anomaly drilled by hole BH3DD027. ECR Minerals plc has 100% ownership of the Bailieston project (EL5433) which contains the gold prospects known as HR3, cherry tree, blue moon and black cat. The projects are operated by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. (MGA). ECR Minerals has received the highest single assay result to date from the drilling at Bailieston with 0.2m @ 52.5 g/t Au from 126.3m depth in hole BH3DD027 (reported drilled thickness). Hole BH3DD027 represents assays received from the first of two holes initially drilled into the hard-up reef underneath a previously identified soil anomaly. Drilling continues in HR3 (Bailieston) strengthening the maori anticline target model with multiple narrow mineralized structures observed. Tillkännagivande • Apr 02
ECR Minerals plc, Annual General Meeting, Apr 25, 2022 ECR Minerals plc, Annual General Meeting, Apr 25, 2022, at 08:00 Coordinated Universal Time. Location: Hurlingham Studios Ranelagh Gardens, London SW6 3 London United Kingdom Tillkännagivande • Mar 04
ECR Minerals plc Provides Drilling Continues to Extend Gold Mineralisation Within the Maori Reef ECR Minerals plc provide results from hole BH3DD019, drilled into the north end of the Maori Reef within HR3 at Bailieston, Victoria, Australia. Hole BH3DD019, drilled into the Maori Reef at the northern limits of the historical gold workings was part of a series of 4 holes (including BH3DD012, BH3DD014, BH3DD020 and BH3DD021), designed to crosscut the HR3 goldfield to aid interpretation and identify the main faults and folding that is associated with gold mineralisation. Staffing issues at the laboratory due to COVID-19 outbreaks have resulted in slower than expected drilling reports and data over the new year period, but the company reported that ECR is now starting to receive assay results from these overdue drillholes. To date BH3DD019 have been received, 3 holes are awaited. BH3DD019 was drilled due east at a dip of -58° from surface. Drilling ended at a depth of 279.5m. Geological logging of bedding has revealed a broad inclined hinge zone located around 120 metres down hole. The hinge correlates well to the inferred anticline zone which hosts the Maori Reef, and hinge projections back up to the surface will become targeted in follow-up drilling. Two zones featuring an arsenic and antimony high within laminated quartz in faulted ground returned some of the best results including 0.5m @ 9.5 g/t Au from 99.9m followed by 0.8m @ 4.96 g.t Au from 100.4m depth. A similar zone was intersected on the east side of the hinge point where assays returned 0.3m @ 4.59 g/t Au from 143.4m. This last interval also included a visible solid stibnite vein with a drilled thickness of approximately 10cm wide. Tillkännagivande • Feb 13
ECR Minerals plc Provides an Update Regarding the Creswick Exploration Project ECR Minerals plc provided an update regarding the Creswick exploration project to shareholders. ECR Minerals plc has 100% ownership of EL006184 and EL006907 located at Creswick, Central Victoria, Australia. Exploration is being undertaken by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. SUMMARY: Anomalous gold results have been received from the remaining samples from the diamond drilling program completed at the end of 2021. Recent duplicate sampling is revealing erratic gold results due to the presence of coarse gold, potentially undervaluing the true estimated grade. Assay result turn-around time has been delayed due to COVID-19 management and related staff shortages at the laboratory. OUTCOME OF DIAMOND DRILLING ACTIVITIES DURING 2021: Diamond drilling was undertaken to confirm the structural architecture of quartz mineralisation that was interpreted from the 2019 RC drilling program. The hypothesis was that quartz is situated in both bedding and axial cleavage planes formed within the DMS horizon which in places can be up to 25 metres in width. The substantial width and strike length of the DMS means the target is of great importance to ECR. Initial results from diamond holes CSD001 and CSD002 showed early success for gold mineralisation. Geological logging of diamond core also successfully proved that quartz mineralisation has preferentially developed within the shales. Drilling continued at broad spaced intervals approximately 300m apart and along strike of the DMS to the south for 2.1 km. Results show quartz mineralisation is still present along the strike limits of the drilling completed to date. Anomalous gold was detected in the southern most drill hole (CJD001) with 0.5m @ 0.54 g/t Au from 324m. As previously reported, the best intercept was from hole CSD003 drilled on top of a ridge south of Blue Gum Track. This important hole is located in an area with no previous mining history. Follow up drilling to CSD003 intercepted quartz mineralisation where expected, however grades were not as extraordinary as hole CSD003 with the best intercept being in CSD013 for 1m @ 1.98 g/t Au from 80.5m downhole. Drilling of hole CSD005 and CSD006 intercepted a large milled fault zone, believed by MGA geologists to be a cross-course fault, as commonly seen at the Ballarat East goldfield. COARSE GOLD REVEALED IN SAMPLING: Geologists generally consider coarse gold deposit results above 0.2 g/t Au as anomalous and worth duplicating. Recently, a series of rock chips were taken by MGA geologists from exposed quartz veins in historic pits and trenches adjacent to Blue Gum Track. Duplicate sampling has revealed a large variability in gold grades. In particular, a chip sample 0.4m wide (true width) across outcrop initially showed 0.15 g/t Au. Replicating this sample with the same sampling protocols revealed 0.4m @ 31.8 g/t Au. Previous bulk sampling of 1m drill composite samples from the 2019 RC drilling highlighted the presence of coarse gold which showed significant variability to the grades received from the initial 2kg riffle split samples from the RC drill rig. Samples that showed detectable gold were later bulk sampled in entirety from the remaining 1m drilled, 50 kg sample.The variability in gold grade is a reflection of the sample size (known as the volume-variance relationship). The larger the sample size, the better representation of the true average grade. Gold at Creswick is coarse and unevenly distributed, although the different size particles are located close together. HQ sized diamond drilling produces a core of rock 63.5mm in diameter with half of this diameter sent as a sample. The probability of sampling a coarse particle of gold within the core is low. RC drilling is larger in diameter and therefore produces a larger sample size increasing the probability of sampling a particle of gold. RC drilling however produces rock chips where geological quality is lost and understanding of the structural host to the best mineralisation cannot be interpreted and followed up on. A balance between drilling for structure by diamond drilling combined with grade drilling by RC drill methods targeted at the most extensively mineralised part of the system is now believed to be the best methodology with which to progress the Creswick asset. PROPOSED DEVELOPMENT PLAN: MGA have applied to renew EL006184 for another 5 years and are awaiting final approval. As the current incumbent, MGA has first rights over the license, and MGA Director and Geologist Adam Jones is proposing the next phase of exploration within EL006184 as follows; Soil sampling programmes over the up-dip projections of quartz mineralisation identified from the 2021 diamond drilling campaign to test for sub-cropping gold shoots. ECR’s property at Brewing Lane, Springmount contains numerous old abandoned gold workings with some underground exposures that offer opportunities for mapping and sampling, followed up by drilling.The Company is currently seeking advice on which appropriate geophysical techniques may highlight important structures that control the distribution of gold mineralisation within the DMS. Follow up drilling to include detailed RC and diamond drilling within the Brewing Lane property and adjacent ground with emphasis on bulk sampling techniques as was done in 2019. Furthermore, MGA will start to evaluate prospects further south of existing drilling in the recently approved EL006907 using exploration techniques that proved successful on EL006184. MGA is continuing to progress with drilling at the Bailieston tenements (EL5433), focussing on the Maori Reef and parallel reef systems within the HR3 goldfield. The geology team is also making progress with plans to re-enter and continue exploration on the Blue Moon prospect located on the southern extent of EL5433. REVIEW OF ANNOUNCEMENT BY QUALIFIED PERSON: This announcement has been reviewed by Adam Jones, a director of 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. Tillkännagivande • Jan 12
ECR Minerals plc Announces Exploration Licence Renewal Application EL006184 ECR Minerals plc announced that it has submitted an application to renew current exploration license EL006184 for an extended five-year term. Initial tenure of EL006184 expired on the 28th December 2021. The application renewal for the tenement for a further five-year term has been submitted. MGA has first right in securing and applying to renew the ground covered by EL006184. EL006184 has been a pivotal part of MGA’s exploration strategy and activities during 2021. Work undertaken includes the first ever diamond drill program conducted within the area, in addition to which MGA owns land and property at 35 Brewing Lane, Springmount sited within the tenement area. Exploration is scheduled to continue within MGA’s Creswick tenement area and will include further work along the Dimock Main Shale strike zone which is central to EL006184. The renewal of EL006184 also complements recently approved licence EL006907 sited south and along strike of the mineralised belt towards Ballarat, Victoria, which the directors believe hosts the source veining for much of the alluvial gold within the Creswick deep lead alluvial system. Once the renewal is granted, the Company expects to return to recommence work at Creswick and within the new license area after completion of current operations at Bailieston, Victoria. Tillkännagivande • Nov 27
ECR Minerals plc Commences ‘Phase 2 Drilling’ Within HR3 At Bailieston, Victoria, Australia ECR Minerals plc updated shareholders on its initial successful results from recently commenced ‘phase 2 drilling’ within HR3 at Bailieston, Victoria, Australia. ECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which is operated under its Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd. (“MGA”). Whilst drilling at Creswick and Cherry Tree ‘HR4’ mid-year, MGA submitted plans to government authorities requesting permission to drill from additional sites within the HR3 goldfield area. After meeting regulatory requirements, permission was granted early October 2021. Once drilling at nearby Cherry Tree and at the Creswick tenements had completed, drill rigs were mobilised to HR3 to commence phase two drilling. Drilling is being undertaken by two diamond drill rigs, one by a contractor and the second rig being MGA’s owned and operated ‘Midas’ drill rig. The contract rig is currently drilling broad holes perpendicular to the strike of the main mineralised systems throughout the HR3 goldfield and has approximately 250m of drilling to complete. Follow-up drilling is being undertaken by the ‘Midas’ drill rig and will continue to the end of the year. A total of twelve drill sites have been approved across HR3. The sites have been well planned to ensure optimum drill coverage across the remainder of the goldfield. Particular focus will be directed at gathering structural data by use of diamond drilling to reconstruct the central and eastern mineralised systems known as the Scoulers and Maori Reefs. Extensions to the north and south of the goldfield boundaries will also be drilled. Drilling will also delineate structures drilled by previous historic percussion drilling during the 1980’s period. To date, a total of 1478m of ‘phase two’ drilling has been completed at HR3. Between the two drill rigs, good meterage has been drilled (up to 80m per shift). Geological logging and interpretation will continue to the end of the year. A summary of drilling locations and their progression is shown in the link below; Phase two drilling commenced with BH3DD009 across the central portion of the Maori Reef. Drilling was targeted to follow up the down-dip of an historical Reverse Circulation drillhole intersection which returned 1m @ 11 g/t Au. BH3DD009 was successful in drilling mineralisation between 47m and 56.7m depth and the best intersection was 0.7m @ 28.06 g/t Au from 52.7m depth. Drill core is routinely analysed for pathfinder elements during geological logging using an in-house pXRF unit to trace pathfinder elements associated with gold mineralisation. pXRF results are not used for reporting resources, only for tracing the pathways for gold mineralisation fluids. Plotting of antimony (Sb) and arsenic (As) pXRF results correlates spatially with the initial high-grade gold intercepts. A similar zone of high Sb and As has been identified in other drillholes on the same section as BH3DD009 and on the projection of the Maori Reef structure (see fig 2). Gold assay are pending for these drillholes (BH3DD010 and BH3DD011) and whilst the XRF results can not be relied upon, we are anticipating good results. Drilling and subsequent 3D modelling of drillholes BH3DD005, BH3DD006 and BH3DD007 earlier this year revealed a moderate south plunging fold to exist underneath and along strike of the Maori Reef workings. This has been termed the Maori anticline. Observations show the historic mined portion of the Maori Reef coincides with the projected up-dip of the anticline near surface. The Maori Reef has been intersected midway between BH3DD009 and the historical workings by an historic percussion drill hole named BLP136. BH3DD009 intercepted 1m @ 34 g/t Au from 44m depth. These observations show the significance of the anticline. The drill rig is currently being set up to test this unexplored gap of the Maori anticline. Tillkännagivande • Jul 20
ECR Minerals plc Provides Drilling Update on Creswick Gold Project, Victoria, Australia ECR Minerals plc announced a drilling update from the Creswick Gold project, in the Victoria Goldfields, Australia. The Project is 100%-owned by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd. Diamond drilling along the Dimock Main Shales (DMS) trend has continued to delineate gold mineralisation along the strike zone in a southerly direction from the first drill hole at CSD001. This is outlined in detail under ‘Technical Information’. To date six holes have been completed, four holes have been fully assayed, with final gold assays now received for holes (CSD001, CSD002, CSD003 and CSD004). Drill holes have tested near the centre and near the southern end of the tenement to gain a full overview of the prospectivity of the trend across the whole tenement. The drilling in the centre of the tenement (CSD003 & CSD004) tested a portion of the system with no historic mining. All holes drilled to date have hit multiple and significant zones of quartz and all holes with assays returned have intercepted gold, with the best results from CSD003 drilled where there were no historic workings. Assay results received include; 1m @ 4.78 g/t Au from hole (CSD002) and 0.95m @ 9.93 g/t and 0.95m @ 23.58 g/t Au both respectively from (CSD003). Diamond drilling has just been completed for holes CJD001 and CSD005, confirming structures hosting quartz, parallel to and within the Dimocks Main Shales, are persistent along strike to the south of CSD001 and CSD002. Assays results will be provided following receipt and interpretation. Tillkännagivande • Jun 23
ECR Minerals plc Announces Drilling Update from the Creswick Gold Project, in Victoria Goldfields, Australia ECR Minerals plc announced a drilling update from the Creswick Gold project, in the Victoria Goldfields, Australia. The Project is 100%-owned by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd. The programme is designed to establish the position of the Dimocks Main Shale (“DMS`’) and associated structures within the Project, and target the main geological structures considered to be gold bearing at Creswick. The first diamond hole drilled at Creswick has immediate success intersecting 1 m @ 9.68 g/t. The first hole, CSD001 has been completed to 295m. This hole is an orientation hole to establish the position of the Dimocks Main Shale (DMS) and associated structures. As previously reported (21/6/19) data from the RC drilling conducted in 2019 showed a lack of geological continuity indicating faulting and folding of the DMS. CSD001 intersected quartz zones within the DMS in addition to multiple reefs above and below it. Drilling of CSD001 has demonstrated that much of the 2019 RC drilling was done into the minor reefs above the DMS. CSD001 revealed three parallel reef systems above the DMS that have been folded by small and large parasitic folds. The DMS was reached at 72m down the hole and continued to 93 m and intersected two 2 m quartz zones at the upper contact and at 86m with minor veining throughout the shale. The hole continued to 295m to test the folding and faulting beneath the DMS and encountered an additional 8 reef zones that mostly related to east-dipping faults and minor shales. 76 of the 108 samples sent for laboratory testing from CSD001 have been reported from the lab with the best result 1 m @ 9.68 g/t from an east-dipping fault beneath the DMS. Results from the final 32 samples are awaiting laboratory analysis. CSD002 was collared 10 m to the west of CSD001 and drilled steeper to target where projected parasitic folding and the mineralised east-dipping fault intersect the DMS. The previously reported result from 2019 from CSR005 of 1 m @ 81.0 g/t came from quartz in the parasitic folds. Drilling of CSD001 intersected an 8 m quartz zone where the DMS and these structures intersect plus minor veining throughout the shale. The core from CSD002 has been logged, sampled and sent to the laboratory for analysis. Tillkännagivande • Jun 16
ECR Minerals plc High Gold and Antimony Results from Soil Sampling, Victoria, Australia ECR Minerals plc announced results from recent soil sampling undertaken within the Historic Reserve #3 (HR3) Bailieston in Victoria, Australia and 100%-owned by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd. (“MGA”). The significance of these findings means it has now submitted a request for consent to undertake additional exploration drilling at the location, which is over and above initial planned drill holes in the area. As the momentum of its two rig drill programmes continues to build, additional findings such as those announced on June 15, 2021 further demonstrate the geological prospectivity of its licence areas. Soil sampling has revealed high gold anomalies (up to 3.75 g/t Au) along with spatially associated antimony which is thought to be from the mineral stibnite which forms a close association with gold mineralisation. A total of 720 B-horizon soil samples were taken across the central and eastern part of the Bailieston Historic Reserve # 3 (HR3) between February and March 2021. The samples were tested by portable X-ray fluorescence (“pXRF”) for anomalous pathfinder elements for gold and a selected sub-set of 229 samples have been sent for trace element analysis (TL) for Au, Ag, As, Sb, Zn, Cu and Pb. Results of this work show a strong spatial relationship between Au (gold), Sb (antimony) and to a lesser extent As (arsenic). Plotting of spatial Au-Sb elemental maps reveals trends which may correspond to the weathering of high grade gold shoots under shallow cover. Field mapping shows sub-cropping quartz with little to no historical workings associated with these anomalies. Plans have been submitted for approval to drill along strike to test these quartz reefs at depth. Tillkännagivande • Dec 18
ECR Minerals plc Announces Appointment of Adam Jones as Non-Executive Director ECR Minerals plc announced the appointment of Adam Jones as a Non-executive Director of the Company with immediate effect. Adam has over 10 years of experience as a professional geologist in Australia, including significant experience of gold exploration and production, and lives in Victoria within easy reach of ECR’s Bailieston and Creswick gold projects. Adam is a member of the Australian Institute of Geoscientists (AIG) and has worked as an independent consulting geologist since 2015. His clients include or have included the A1 gold mine, Dart Mining and Nagambie Resources in Victoria and Vendetta Mining in Queensland. Adam has provided consultancy services to ECR’s Australian subsidiary Mercator Gold Australia Pty Ltd. since April 2018 and has been involved in the supervision of previous drilling programmes, carried out geochemical and rock chip sampling as well as geological mapping, and in 2019 prepared a 3D geological model for the HR3 area at the Bailieston project. He will continue to provide consultancy services to MGA alongside his duties as a non-executive director of the Company. Adam is experienced in planning and supervising resource drill programmes, geological interpretation, geotechnical and fault modelling, geological mapping and sampling, turbidite sequence-structural interpretations, wireframing and 3D modelling using Vulcan Software.