ECR Minerals Share News (ECR)

ECR Minerals begins drilling at Creswick gold project in Australia

(Alliance News) - ECR Minerals PLC on Tuesday said that drilling had commenced at its Creswick gold project in central Victoria, Australia.

IN BRIEF: ECR Minerals hires contractor for Creswick drilling

ECR Minerals PLC - Australia-focused mineral exploration and development company - Says its subsidiary Mercator Gold Australia Ltd has engaged a drilling contractor to undertake ECR's proposed drilling programme at the Creswick gold project in central Victoria. Campaign will focus on the Kuboid Hill and Davey Road prospect locations, at which previous soil analysis and rock chip sampling tests have found evidence of gold. Company says all necessary permits and drilling permissions have been submitted, and that once the "simple procedural step" of gaining right of access to the site is complete it expects drilling to start "very shortly", most likely by the end of the year. ECR plans to complete approximately 1,200 metres of reverse circulation drilling in total around ten to 12 Creswick locations. Assay results should become available midway through the first three months of 2024, allowing for laboratory closures over the Christmas holiday period.

ECR Minerals celebrates as Lolworth samples suggest mineralisation

(Alliance News) - ECR Minerals PLC on Monday touted the latest results from pan concentrate stream samples at its Lolworth project in North Queensland, which it said suggest extended mineralisation.

IN BRIEF: ECR Minerals plans drilling at Victoria assets

ECR Minerals PLC - Australia-focused mineral exploration and development company - Says it is encouraged by drilling intercepts by Southern Cross Gold Ltd in Victoria, and recommencement of exploration by Falcon Metals Ltd north of Bendigo. As a result, says it will re-evaluate gold assets at Creswick and Bailieston. Notes that it is negotiating pricing with a drilling company, and aims to begin drilling before the Christmas holiday period.

TRADING UPDATES: Amaroq wins two new exploration licences in Greenland

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

ECR Minerals finds gold in Lolworth project exploration in Australia

(Alliance News) - ECR Minerals PLC on Monday noted encouraging gold results from outcrop mapping and sampling at its Lolworth project in north Queensland, Australia.

ECR Minerals terminates option to buy Hurricane project

(Alliance News) - ECR Minerals PLC on Friday said it has terminated its option to buy the Hurricane project.

ECR Minerals receives rock sample results from Hurricane project

(Alliance News) - ECR Minerals PLC on Thursday said it has received final rock chip results for 224 samples from the Hurricane project in North Queensland, Australia.

TRADING UPDATES: ECR Minerals extends option acquire Placer Gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: ECR Minerals submits exploration licence in Australia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

ECR Minerals "excited" by new discoveries at Lolworth project

(Alliance News) - ECR Minerals PLC on Monday said it has identified numerous gold, niobium and rare-earth elements discoveries within the Lolworth project, in North Queensland, Australia.

IN BRIEF: ECR Minerals raises GBP580,000 via fundraise

ECR Minerals PLC - Australia-focused mineral exploration and development company - Raises GBP580,000 via conditional fundraise, issuing 331.4 million new shares at 0.175 pence each. The subscription has been agreed "with high net work individuals and institutional investors," company says. Expects admission of new shares to occur around October 10, subject to approval at a general meeting with a date yet to be announced. Managing Director Nick Tulloch says: "The board anticipates that, if approved, the funds raised will primarily be allocated to fast track ECR's Queensland projects, plus there are a number of new opportunities on the table that the board may decide to progress once the appropriate due diligence has been undertaken. Along with my board colleagues, I look forward to reporting further progress very shortly."

AIM WINNERS & LOSERS: Orcadian surges on deal for Pilot field

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

LONDON MARKET CLOSE: FTSE 100 ends week higher as focus shifts to BoE

(Alliance News) - The FTSE 100 ended higher on Friday after a dovish hike from the European Central Bank on Thursday softened interest rate expectations for the Bank of England.