RE: Share talk interview3 Jul 2021 13:10
Victoria, Australia continues to enjoy a gold exploration boom, with continued third-party interest in ECR’s Creswick project in Victoria. Discussions are ongoing with respect to a potential commercial transaction in relation to the Creswick project.
Craig updates on an aggressive drilling programme, the sheer volume of core and data recovered, company finances, these are the questions we asked below.
ECR Minerals PLC said it is currently in commercial discussions with third parties about its Creswick project in Victoria, Australia. are you allowed to update on how these talks are progressing?
Your first hole of an ‘aggressive drilling programme’ at Creswick last week revealed a one-metre intercept at a grade of 9.68 g/t plus other gold anomalies. You guys must be happy with the current drilling programme?
The ongoing pace and sheer volume of core and data recovered, along with the licence applications in N Queensland, plus half-year statement is showing 2021 has been a very productive year so far?
At the end of March 2021, ECR held cash of £3.93mln, since when it has raised a further £2mln to take the position on 23 June to £5.2mln. So, the question investors will ask, no further dilution for the foreseeable future?