ECR Minerals Regulatory News (ECR)

16 Dec 2020 12:30

16 December 2020

ECR MINERALS plc

(“ECR Minerals”, “ECR” or the “Company”)

DIRECTOR APPOINTMENT

EXPERIENCED VICTORIAN GOLD GEOLOGIST JOINS ECR BOARD AS NON-EXECUTIVE DIRECTOR

ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to announce the appointment of Adam Jones as a Non-executive Director of the Company with immediate effect.

Adam Jones (aged 38) holds a Bachelor of Science degree from Ballarat University and First Class Honours from Adelaide University. Adam has over 10 years of experience as a professional geologist in Australia, including significant experience of gold exploration and production, and lives in Victoria within easy reach of ECR’s Bailieston and Creswick gold projects.

Adam is a member of the Australian Institute of Geoscientists (AIG) and has worked as an independent consulting geologist since 2015. His clients include or have included the A1 gold mine, Dart Mining and Nagambie Resources in Victoria and Vendetta Mining in Queensland.

Adam has provided consultancy services to ECR’s Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) since April 2018 and has been involved in the supervision of previous drilling programmes, carried out geochemical and rock chip sampling as well as geological mapping, and in 2019 prepared a 3D geological model for the HR3 area at the Bailieston project. He will continue to provide consultancy services to MGA alongside his duties as a non-executive director of the Company.

Adam is experienced in planning and supervising resource drill programmes, geological interpretation, geotechnical and fault modelling, geological mapping and sampling, turbidite sequence-structural interpretations, wireframing and 3D modelling using Vulcan Software.

Craig Brown, Chief Executive Officer of ECR Minerals plc, commented:

“I am delighted to announce the appointment of Adam Jones to the board of ECR bringing extensive and relevant geological experience onto the board. Adam’s specific knowledge of our licences, prospects and his wider local knowledge of Victoria will be of great value as we move ahead with exploration.

Adam will be directly involved in the step up in ECR’s exploration activities and notably at the Bailieston gold project where drill programmes using our new diamond drill rig are expected to commence soon.”

Adam Jones holds no other directorships and has confirmed that there is no further information to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.

MARKET ABUSE REGULATIONS (EU) No. 596/2014

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.

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ABOUT ECR MINERALS PLC

ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia.

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX), ECR has the right to receive up to A$2 million in payments subject to future resource estimation or production at those projects.

ECR has earned a 25% interest in the Danglay gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines, and holds a royalty on the SLM gold project in La Rioja Province, Argentina.

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