Member Info for BlackHopper

With current gold prices sitting at historically high levels, the Raglan Project has the potential to be a profitable project, generating meaningful cashflow in due course that can be reinvested across the business.

"We entered 2026 with confidence and a clear operational plan. I look forward to updating shareholders as we move into production and begin generating cashflow for the first time in ECR's history."

GOOD MORNING VIETNAM! ;-)

ECR Minerals' Raglan Project to enter production phase

Raglan operating team secured, initial gold expected this month

ECR Minerals plc (AIM: ECR), the gold exploration and development company focused on Australia, is pleased to announce that the Company has secured an experienced team to commence initial mining operations at its Raglan alluvial gold project in Queensland (the "Raglan Project").

With the operating team secured, and all site infrastructure, wash plant and mobile fleet already onsite, ECR now expects initial gold production before the end of January 2026, marking the Company's transition into a revenue-generating gold producer.

This development follows completion in December 2025 of ECR's acquisition of the Raglan Project, a fully permitted, turnkey alluvial gold mining project.

Highlights

· Operating team secured and commercial terms agreed, enabling the commencement of mining in the coming weeks

· First gold production expected before the end of January 2026

· Raglan Project positioned to provide early cashflow, intended to support in due course ECR's larger Blue Mountain project and the wider Queensland portfolio

· All key infrastructure, equipment and permits already in place, expected to enable an efficient ramp-up of operations at the Raglan Project

· Strong gold prices create favourable market conditions for ECR's assets

Background on the Raglan Project

The Raglan Project (ML 3665) is a fully permitted alluvial gold mining operation located in central Queensland, Australia. Recently acquired by ECR Minerals, the Raglan Project includes a near-new 60 tonne-per-hour wash plant, a fully equipped gold room, established water supply, accommodation camp, mobile mining fleet and complete site infrastructure, providing a true turnkey mining solution. Positioned within an established gold-producing district, the Raglan Project potentially offers a low-capex, rapid pathway to production. The Raglan Project is also strategically located close to ECR's Blue Mountain alluvial project, enabling potential operational synergies across the Company's growing Queensland hub.

ECR Chairman, Nick Tulloch, commented: "Securing our operating team is the final major step to bring the Raglan Project into production, and I am thrilled that we can now set a clear expectation of initial gold production before the end of January 2026. This is a pivotal moment in ECR's journey. The Raglan Project gives us a low-capex, near-term route into gold production, and the revenues which we ultimately anticipate should be able to support the development of our broader Queensland portfolio - most notably the much larger Blue Mountain project.

"Momentum across the Company has been pleasing in recent months, from strong maiden drill results at the Lolworth project confirming a gold-silver system, to completing the acquisition of the Raglan Project. With current go

Good posts TT. Well we should now have 3 new SMR's on Anglesey producing carbon-free electricity. Not everyone like nuclear but it is in the mix.

I think a new polymetallic copper mine would be a nice addition. Some monster grades down in the NCZ I recall.... surely with Copper at $6/lb this is going to attract 'someone' in.... Silver over $80 too... economics just keep improving...

AGAIN...... $90 please

Excited about the 3-4 bags breakout potential on the X link..... note the fact that value SHOULD be higher already as this is in the EU, not somewhere more risky!

Shame your man there does not know the periodic table... we have lots of Germanium (metalloid) not Geranium (pretty flowers) but I'm sure loving the multibag potential. :-)

The valuation/MCap is RIDICULOUS at the moment.

Should be 5x higher while they drill. This is just infill/extension.... the resource it there!

Management have options at .36p I believe... not sure how many....

Should be .4p-.5p now really....

Great news indeed.

It has been a wait for a bunch of us here but 2026 really is on track to be a mega year.

MCap still V low... great entry. Gold price will make a huge difference to the viability of coming alluvial production with the built in 'Tax-Loss saving'. $$$

Silver hits from recent drill at Lolworth are worthy of note.

I am now wondering about the potential of a company owned on-site BCC (concentrator) at Blue mountain when move to there. So we can create our own contrate to accommodate the fine 'flour' gold in that location.

Raglan first mind..... HNY all LTH !!!

Silver $72 already... $80?

19.1 million ounces already.......

Oh boy.... imagine!!

Silver 69.40..... 2026 going to be special.... ;-)

Gold 4395 and Silver 69.40..... 2026 going to be special.... ;-)

Lot of red buys here of course... .1369 .1375 all buys....

Someone, forget who, mentioned the reference samples the labs need for Germanium assays. These are not used a often so are in short supply. The lab they are using has requested them but it will take time..

So the Germanium results will likely come last. I have little doubt they will echo those already achieved. It is more of the same type of mineralised system so expect more... but you will not get those numbers early.

No mystery, just what is required for that element as it is different from the other metals.

I repost Coot from the 12th Dec as it was a great post

Concurrent to the drilling and upgrade of the JORC status, a bit that appears to be overlooked from the last RNS......

"Long lead-time components of our planned pre-feasibility study have now been commissioned. A Hydrology Study and an Ecological Study have now commenced. Such long lead-time aspects of the pre-feasibility require a minimum of 12 months of baseline monitoring and measurements. Rockfire has commissioned these early to ensure a timely completion of all the studies required prior to mining."

Added to this the ever-rising metal / mineral prices, we will have three very expensive cars pulling into ROCK's car park sometime in the future, say 12-18 months time. The four car being everything else that Rockfire owns outside of Molaoi.

Most of you are looking for a 10 bagger from here ( some just want your 10-20%'s.....lol ). Me, I'm looking at Rockfire over the medium to long-term. I believe Rockfire has the ammunition to be a well known and respected explorer come miner. David Price may nearing retirement but even if he does retire the company will grow ( and he will be a consultant to it ). I can't see him ever stopping.

So what I'm saying is don't sell out too soon. I'm looking at being in Rockfire in 5 or more years time, hopefully over or nearing a 50 to 100 bagger from where we are now. It has the potential to do so.

Happy Christmas all ROCK-stars! Good to hear the latest hole was much smoother.

This resource will be characterised by multiple narrow but high or very high grade veins. These intrusions will be amenable to mechanical mining I believe. DP mentioned in an interview after the initial JORC that the site looked good for a mechanised approach and the rock types and ore types are well understood. Ideal veins 1-2M wide....?

The existing JORC is already massive. New discoveries as per today will just add to what can be subsequently targeted. It looks like they have commenced their current campaign further north from the existing discovery. There must be a rational to this. In the New Year the infill drilling between existing holes will be completed as well.

I assume that as required to move Inferred to Indicated in the existing JORC.

It's a big project and certainly merits a second rig. The best piece of news recently was the commencing of the 'long-lead' items for the FS. This tells us that they are pretty much 100% certain this is a 'Go-er'.

I think it will be a great 2026 for ROCK. Happy Holiday!!

Dixi... the people operating Raglan before were farmers not miners. They were shooting in the dark.

ECR will apply their knowledge to where to process. They will test the ground and follow the signs in the soils and gravel.... different ball game.

Plus Gold $4300...

"We now expect to enter the new year with a clear and identified path to nearer-term revenue generation. We believe that 2026 will mark the transformation of ECR from an explorer into a production company."

Great time to produce GOLD.... $4300 plus and predicted to rise...

Raglan Gold Project

The Raglan Project lies approximately 40 minutes west of Gladstone, Queensland, close to mechanical services and infrastructure. The lease has historically produced coarse, nuggety gold and test pits from ECR's due diligence confirmed recoveries from both upper gravels and deeper bedrock wash. Mining at the Raglan Project to date has been largely small scale with several untested areas and depths within the property area.

Completion of the Acquisition will provide ECR with plant and equipment that is estimated by management to be valued close to the purchase price alone, including a 60 tonne per hour gravity processing plant with jig and concentrator, gold room, generators, loaders, dump truck and camp facilities. These assets may also be redeployed to ECR's Blue Mountain project at a later date, which is expected to add long-term flexibility and value to ECR's broader alluvial mining operations in Queensland.

As stated previously, with regard to planning for future production, ECR estimates that the cost of operations at the Raglan Project, inclusive of diesel and personnel, would be around A$3,000 per day which, at the current gold price, would require production of only around 0.6 oz/day to cover overheads.

ECR MINERALS PLC

("ECR Minerals", "ECR" or the "Company")

Sale and Purchase agreement for Raglan Project

ECR Minerals plc (AIM: ECR), the gold exploration and development company focused on Australia, is pleased to announce that, further to the Company's previous announcements, it has entered into a legally binding sale and purchase agreement to acquire Raglan Resources Pty Ltd, the owner of Licence ML 3665 (the "Raglan Project"), which is a fully permitted alluvial gold project and operation located in Queensland, Australia (the "Acquisition"), for a cash consideration of A$1.01 million. The purchase price is to be funded from ECR's existing cash resources.

Highlights of the Raglan Project

· Granted Mining Lease: the Raglan Project includes a granted mining lease over approximately 300 acres and 2.9km of main creek systems

· Turnkey Infrastructure: the Raglan Project includes a near-new 60 tonne per hour wash plant, gold room, water supply, camp, mobile mining fleet and supporting facilities - ECR estimates that the second hand value of this equipment alone may be around the A$1.01m purchase price

· Nearer-Term Production: The existing equipment and mining lease should enable gold production and cashflow within a shorter-term timeframe, with potential for more than 200 working days per year

· Exploration Upside: Bulk sampling during a previous site visit confirmed coarse nuggety gold and grades that may be consistent with ECR's nearby Blue Mountain, with potential for both further alluvial resources and a hard-rock source