ECR Minerals PLC - mineral exploration and developmen focused on Australia - Announces that Australian subsidiary Mercator Gold Australia Pty Ltd has received its new diamond drill rig and has established a new operational base in Bendigo, South Australia. Says the new drill rig will accelerate the company's speed of exploration. Says all necessary permissions are in place for drilling at the HR3 prospect at the Bailieston gold project, also in South Australia. Says soil geochemistry and geological mapping completed at the Cherry Tree prospect in the Baillieston project area.
Current stock price: 1.88 pence
Year-to-date change: up sharply from 0.73p on December 31
By Greg Roxburgh; gregroxburgh@alliancenews.com
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ECR Minerals (ECR)