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Drilling Update - Creswick Gold Project Australia

8 Feb 2019 12:00

ECR MINERALS plc

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

Drilling Update – Creswick Gold Project Australia

ECR Minerals plc (LON:ECR), the precious metals exploration and development company, is pleased to announce that the Company’s drill programme at the Creswick gold project in the state of Victoria, Australia, has commenced and the first four holes have been successfully completed.

Further information in respect of this drill programme is available in the Company’s announcement of 29 January 2019.

In addition, ECR have produced a project specific presentation for the Creswick gold project, which may be viewed on the Company’s website through the following link:

PDF version:

https://www.ecrminerals.com/investors-media/presentations/download?path=ECR%2BCreswick%2BQ1%2B2019%2BDrilling%2B%2BProgramme%2B08-02-19.pdf

PowerPoint version:

https://www.ecrminerals.com/investors-media/presentations/download?path=ECR%2BCreswick%2BQ1%2B2019%2BDrilling%2B%2BProgramme%2B08-02-19.ppsx

It is also the Company’s intention to provide site photographic images for the Creswick gold project drill location and drilling process on the Company’s website.

The images may be viewed through the following link:

https://www.ecrminerals.com/creswick-gallery

COMPETENT PERSON STATEMENT

The information in this announcement that relates to Exploration Results is based on information compiled by Dr Rodney Boucher of Linex Pty Ltd. Linex Pty Ltd provides geological services to Mercator Gold Australia Pty Ltd, including the services of Dr Boucher, who has a PhD in geology, is a Member and RPGeo of the Australian Institute of Geoscientists and is a Member of the Australian Institute of Mining and Metallurgy. Dr Boucher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Boucher consents to the inclusion in the announcement of the material based on his information in the form and context in which it appears.

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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals plc Tel: +44 (0)20 7929 1010
David Tang, Non-Executive Chairman
Craig Brown, Director & CEO
Email:

info@ecrminerals.com

Website: www.ecrminerals.com
WH Ireland Ltd Tel: +44 (0)161 832 2174
Nominated Adviser
Katy Mitchell/James Sinclair-Ford
SI Capital Ltd Tel: +44 (0)1483 413500
Broker
Nick Emerson

ABOUT ECR MINERALS PLC

ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Limited has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration licences in central Victoria, Australia and the Windidda Gold Project in the Yilgarn Region, Western Australia.

ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015 and is available for download from ECR’s website.

ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190208005198/en/

Copyright Business Wire 2019

Date   Source Headline
25th Jun 20257:00 amRNSUnaudited Half-Yearly Results
19th Jun 20257:00 amRNSQueensland operations update
27th May 20257:00 amRNSBailieston project - initial drilling results
20th May 202511:06 amRNSAIM Rule 17 Notification
13th May 20257:00 amRNSTermination of discussions with Maximum Minerals
30th Apr 20255:00 pmRNSTotal Voting Rights
23rd Apr 202512:12 pmRNSResult of AGM
23rd Apr 20257:00 amRNSAGM Statement
14th Apr 20259:00 amRNSOperational Update
1st Apr 20257:00 amRNSIssue of Equity, TVR & PDMR Dealings
31st Mar 20257:00 amRNSAudited Financial Results
24th Mar 20257:00 amRNSExploration and Corporate Update
5th Mar 202511:30 amRNSReceipt of A$225,000 Cash Consideration
3rd Mar 20257:00 amRNSProposed acquisition of Maximus Minerals Ltd
28th Feb 20252:00 pmRNSUpdate on potential sale of MGA & Strategic Update
21st Feb 20257:00 amRNSSale of surplus land now unconditional
13th Feb 20257:00 amRNSUpdate on Potential Sale of Tax Losses
11th Feb 20257:00 amRNSLolworth Exploration Update & Drilling Plans
3rd Feb 20257:00 amRNSOperations update
31st Jan 20255:00 pmRNSTotal Voting Rights
9th Jan 20257:00 amRNSIssue of Equity, TVR & PDMR Dealings
31st Dec 20241:30 pmRNSTotal Voting Rights
23rd Dec 20247:00 amRNSHeads of Terms for Proposed Disposal of MGA
20th Dec 20247:00 amRNSOperational Update - Tambo Gold Project, Victoria
16th Dec 20247:00 amRNSRetirement of Non-Executive Director
11th Dec 20247:00 amRNSTambo Gold Project Diamond Drilling Update
6th Dec 20242:30 pmRNSGrant of share options to Directors & staff
5th Dec 20244:17 pmRNSUpdate in relation to subscription to raise £950k
29th Nov 20247:00 amRNSCollaboration with JCU on REEs at Lolworth
26th Nov 20247:00 amRNSUpdate on the potential sale of non-core assets
25th Nov 20247:00 amRNSSubscription to raise £950,000
21st Nov 20247:00 amRNSConditional offer for proposed sale of land
20th Nov 20247:00 amRNSInitial Drilling Results From Tambo Gold Project
1st Nov 20247:00 amRNSExclusivity agreement relating to non-core assets
24th Oct 20247:00 amRNSLolworth Rock Chip Results & Exploration Update
17th Oct 20247:00 amRNSDiamond Drilling Commences at Tambo Gold Project
9th Oct 20247:00 amRNSAustralia Projects Update
8th Oct 20247:00 amRNSHighly Encouraging Test Result From Blue Mountain
7th Oct 20247:00 amRNSAppointment of Mike Parker as Consultant Geologist
3rd Oct 20247:00 amRNSGeological Survey of Queensland Collaboration
2nd Oct 20247:00 amRNSSalary Sacrifice, Issue of Equity and TVR
30th Sep 20245:00 pmRNSTotal Voting Rights
25th Sep 20247:00 amRNSContractor engaged for drilling at Tambo project
23rd Sep 20247:00 amRNSChange of registered office
17th Sep 20247:00 amRNSIssue of Equity
10th Sep 20247:00 amRNSAustralia Projects Update
30th Aug 20245:00 pmRNSTotal Voting Rights
30th Aug 20247:00 amRNSExpanded strategic focus
19th Aug 20247:00 amRNSChange of Nominated Adviser and Board Appointment
14th Aug 20247:05 amRNSPositive Gold Soil Sampling Results at Lolworth

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