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ECR Minerals PLC - gold explorer with assets in Australia - Finds further high gold grades in hole BH3DD022 at the upper part of the Maori Anticline of the Bailieston Project in Victoria. Best intercepts include 0.5 metres at 12.7 grams per tonne of gold. The company already identified four mineralised zones at the project earlier in March.
"We are seeing a detailed model of the Maori Anticline and surrounding reefs emerging, and once we have the remaining assay results in, the next steps in developing our asset can be set in motion," Chief Executive Andrew Haythorpe comments.
Current stock price: 1.27 pence, down 4.3% on Thursday
12-month change: down 25%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
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