RNS25 Sep 2023 09:41
highlights
-- 81 follow-up pan concentrate stream samples results have been returned.
best results include 128 ppm au, 23.7 ppm au, 42.3 ppm au and 60.9 ppm
au. these results have further extended the gold prospectivity of the
reedy creek area to the west.
-- results (pxrf) from a tighter spaced soil sampling campaign in the oaky
creek area have identified an interesting niobium target.
-- field work, including rock chipping, mapping and tighter spaced pan
concentrate stream sampling at both woolshed creek and gorge creek
prospects continue to reveal visible gold, indicating potential for
increased prospectivity across the project area.
ecr managing director nick tulloch commented: "in the midst of significant structural changes at ecr and our ongoing work to evaluate the company's asset base, adam jones and the field team are to be commended for their tireless work in bringing these exciting developments at our lolworth range project to life."
ecr chief operations officer mike ******* added: "echoing nick's words, our team have been particularly pleased with the latest results as this gives confirmation to our exploration thesis at lolworth, 128 ppm gold being our best result has been supported by a number of additional very high-grade samples taken within the surrounding area. whilst we recognise the early stage nature of this work, the confidence in today's announcement leaves us naturally inspired to continue our efforts at lolworth towards the end of the year, at which point we will have the perfect opportunity to plan our accelerated future work programme. we are understandably very excited by this latest development."