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Last checked at 
1 Nov 2021 07:00
1 November 2021
ECR MINERALS plc
(“ECR Minerals”, “ECR” or the “Company”)
Board Update
The Directors of ECR regretfully inform investors that their CEO, Craig Brown, has unexpectedly passed away this weekend. At this time it is intended that a committee of current directors David Tang, Trevor Davenport and Adam Jones will continue to run the Company and ensure that the drilling programs already outlined to the market continue on timetable.
David Tang, Chairman, commented "Craig was a good CEO and a great friend and his loss will be felt by many. Our thoughts are with his family at this difficult time."
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals plc |
| Tel: +44 (0) 20 7929 1010 |
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David Tang, Non-Executive Chairman |
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Email: info@ecrminerals.com |
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Website: www.ecrminerals.com |
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WH Ireland Ltd |
| Tel: +44 (0) 207 220 1666 |
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Nominated Adviser Katy Mitchell/Andrew de Andrade |
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SI Capital Ltd |
| Tel: +44 (0) 1483 413500 |
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Broker |
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Nick Emerson |
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Novum Securities Limited |
| Tel: +44 (0) 20 7399 9425 |
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Broker Jon Belliss |
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Blytheweigh |
| Tel: +44 (0) 207 138 3204 |
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Public Relations |
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Tim Blythe
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ABOUT ECR MINERALS PLC
ECR Minerals is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, and has eight licence applications outstanding including two licence applications lodged in eastern Victoria (Tambo gold project). MGA is currently drilling at both the Bailieston and Creswick projects and has an experienced exploration team with significant local knowledge in the Victoria Goldfields and wider region.
https://mercatorgold.com.au/
ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd (“LUX”) which has three licence applications covering 900 km2 covering a relatively unexplored area in Queensland, Australia.
https://luxexploration.com/
Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), Mercator Gold Australia Pty Limited has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited.
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, which has a 43-101 compliant resource. ECR also holds a royalty on the SLM gold project in La Rioja Province, Argentina and can potentially receive up to US$2.7 million in aggregate across all licences.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211101005300/en/
Copyright Business Wire 2021
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