RNS Out!!!! Initial Mining Plan10 Feb 2026 07:21
ECR Minerals plc (AIM: ECR), the gold exploration and development company focused on Australia, is pleased to announce the results of an internal site analysis of its 100% owned Raglan alluvial gold project in central Queensland (the "Raglan Project").
The analysis defines an initial Phase 1 mine plan focused on a clearly delineated section of the historic river system and the Board considers that it illustrates the potential for attractive near-term economics, while highlighting significant scope to expand mining activities in future phases.
Highlights
ยท Initial mineable area identified along the main historic river channel, forming the basis of the Company's Phase 1 mining plan
ยท Internal analysis, which the Board considers conservative, indicates potential to recover approximately 938 ounces of gold in Phase 1 over a multi-year period, which would have an illustrative gross in-situ value of approximately A$7 million at prevailing gold prices