Lolworth6 Nov 2025 09:24
Should get Lolworth drilling results shortly:
ECR Minerals has successfully completed its 2025 drilling programme at the Lolworth gold and rare earths project in North Queensland, confirming multiple gold and silver veins with no reported obstacles to progress.
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🟡 Lolworth Licence – Progress Overview
- Location & Scope: The Lolworth project spans nearly 1,000 square kilometres in North Queensland and is free of native title claims, simplifying development.
- 2025 Drilling Programme:
- Completed in October 2025 with 28 reverse circulation holes drilled.
- Focused on the Uncle Terry prospect, where all predicted veins were successfully intersected, validating ECR’s geological model.
- Confirmed presence of gold- and silver-bearing veins, marking a significant milestone.
- Exploration Targets:
- Five key prospects identified: Uncle Terry, Gorge Creek West, Butterfly Creek, Gorge Creek Diggings, and Woolshed Creek.
- These targets are part of a refined strategy following successful 2024 campaigns.
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🌟 Prospects and Strategic Fit
- Gold and Rare Earths Potential: The confirmed mineralisation supports both precious metals and critical minerals exploration.
- Production Outlook:
- While Lolworth is not yet in production, its success complements ECR’s near-term production strategy at Blue Mountain and Raglan.
- The company is positioning Lolworth as a medium-term development asset with potential for future cash flow.
- No Reasons Found: There are no reported regulatory, technical, or financial barriers to progress at Lolworth as of November 2025.
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