LONDON (Alliance News) - ECR Minerals PLC said Tuesday it submitted a series of new licence applications to increase its gold exploration interests in the Victoria region, Australia.
The company explained that its Australian operating vehicle Mercator Gold Australia Pty Ltd submitted a total of four new licence applications in the region, three of which in the Bailieston/Moormbool gold project area and one in the Creswick project area.
Chief Executive Officer Craig Brown said: "I am delighted to announce today that the Company has successfully submitted four new applications which materially bolster our strategic ground holding and provide significant additional exploration opportunities for our Australian operations."
ECR shares were trading down 4.7% at 0.76 pence each.
ECR Minerals (ECR)