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....looking at the maps the infrastructure is superb
https://mercatorgold.com.au/services/new-creswick/
.....and bang inside EL006184
https://mercatorgold.com.au/services/south-creswick/
EL006907 is to the south of the new property 35 Brewers Lane, it almost borders it.
.....Colin's new holiday home LOL
They are using some strange no.s on the buy side (1.19374) , is it psychological?
Obviously they have known for a while which licences have been accepted .... is that why they bought Creswick property et al with confidence ?
JV'ers will be knocking the door down again ;-) but offering nowt , all getting very interesting now as it is known that there are valuable shoots in the DMS , busy busy time for the ECR team and with each licence obtained then the value of the company goes up ..... not that you would notice .
Could do with a map with all of the local licences (applied for and already owned) and the properties recently bought on the same map , is there one?
Well considering it was granted in November, they’re clearly in no rush! BUT sometimes the market sniffing around can force the issue (like i think it did with the new drill)
You think they're waiting for a whopper RNS instead off dribs and drabs? Personally I think the market would prefer to know as and when rather than digest a load of information at once.
Still nothing on the 12 rig international rental business?! That is also surely material news.
In the interview , they are just about accep.... er um pushed through now 10mins 30 seconds in https://twitter.com/ecrminerals/status/1418505448387489792 , that was back in July . Had to check , knew it was there somewhere.
I think they may be waiting for 6713 to get a grant date before announcing anything. Then they have 3 connecting licenses covering a large area which the dms runs through. They could also be waiting on the Ballarat license to be announced.
Whichever the reason, it’s very positive and hopefully we see more of the same very soon
It will now max , it is so close to Ballarat it is price sensitive.
Is this not material news that should be conveyed to the market? You'd have thought ECR would be keen to get as much good news out as possible atm.
'First Grant Date: 26/11/2021'
'The licence holder can explore for minerals in the licence area.'
Well OK then. Good spot AG
Just above Ballarat , Adam did say a while back https://mercatorgold.com.au/services/south-creswick/
A few km beneath **
No mate. Well kind of
Below the existing EL006184, we have 2 accepted licenses. So in total we’d have 3 licenses all connected. The main licenses has been granted for years and has had numerous holes drilled on it, including this year. The next step was to get the 2 connecting licenses accepted. Both have been accepted
The next stage was to get a “first grant date” on both, I believe work can begin once the grant date has been published.
EL006907 has a grant date but EL006713 hasn’t got a granted date yet, but can’t see it being too long
The big one I think is the Ballarat license which is EL007537? Or something like that. That’s a few I’m beneath the other 3. No movement on this yet
But with our second Creswick license getting a first grant date and RRR/pow jv receiving a license today in the same area, the backlog at the department looks to be clearing and we should finally start seeing more movement regarding the licenses and applications.
Smal steps but a good start which means ECR can carry out exploration now on 2 tenements instead of 1. 2 down, 2 to go
Amazing spot AG , and there was me thinking in the past that they had no chance , that is the one they were all waiting for wasn't it?
First grant date: 26/11/2021
Expiry Date: 26/11/2021
Once EL6713 is granted, one step closer to the JV - imo
........maybe it was missed in the unfortunate turmoil, good find
Sorry if this has been mentioned, or I've beaten the company to an RNS but this license was issued its "first grant date" at the back end of November which means exploration can begin immediately. A crucial step and just north of the Ballarat license with the DMS running through it. FINALLY
https://earthresources.vic.gov.au/licensing-approvals/location-of-licences/licences-near-me#lat=-37.490183874862026&lng=143.83829052127933