ECR Minerals Regulatory News (ECR)

12 Sep 2013 07:48

ECR MINERALS plc

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

AIM: ECR

US OTC: MTGDY

THEMAC RESOURCES UPDATE

LONDON: 12 SEPTEMBER 2013 - ECR Minerals plc wishes to draw attention to the news release made today by THEMAC Resources Group Ltd (“THEMAC”). The full text of the release is provided below.

ECR owns approximately 15% of THEMAC’s issued share capital and has a fully diluted interest in THEMAC of approximately 16%. THEMAC is listed on the TSX Venture Exchange with the code MAC.

- Beginning of THEMAC release -

THEMAC Resources has been issued the Air Quality Permit

Vancouver, British Columbia - September 11, 2013 - THEMAC Resources Group Limited (TSXV: MAC) (“THEMAC” or the “Company”) today announced that the Air Quality Bureau of the New Mexico Environment Department has issued the Air Quality Permit for its Copper Flat Copper Project. This permit stipulates the operating, monitoring and reporting parameters to meet federal, state and local air quality requirements.

The Air Quality Permit is a significant step forward in our efforts to re-permit the mine. Our team is now focused on obtaining the remaining permits needed to construct and operate the mine and process facilities. THEMAC has made good progress with the various environmental studies, and is planning to lodge the Draft Environmental Impact Study during 2013.

“Receipt of this permit represents a major milestone for Copper Flat” said Andrew Maloney, Chief Executive Officer for THEMAC. “We are committed to environmental protection and to setting environmental controls that go above and beyond regulatory requirements. We look forward to continued progress in bringing Copper Flat to production.”

About THEMAC Resources Group Limited

THEMAC is a copper development company with a strong management team which acquired the Copper Flat copper-molybdenum-gold silver project in New Mexico, USA in May 2011.

We are committed to bringing the closed copper mine, Copper Flat, in Sierra County, New Mexico back into production with innovation and a sustainable approach to mining development and production, local economic opportunities and the best reclamation practices for our unique environment. The Company is listed on the TSX Venture Exchange (ticker: MAC) and has issued share capital of 75,300,122 common shares (fully diluted share capital 133,330,134).

For more information please visit www.themacresourcesgroup.com or review the Company’s filings on SEDAR (www.sedar.com).

For further information contact:

THEMAC Resources Group Limited

Andrew Maloney

Phone: +44 7539 466703

- End of THEMAC release -

ABOUT ECR MINERALS PLC

ECR is a mineral development company with, among other interests, the right to earn a 50% interest in the Itogon gold-silver project in the Philippines. The Itogon project is an advanced exploration project located in a gold and copper mining district on the island of Luzon in the north of the Philippines, and benefits from an extensive historical dataset.

The Company also has 100% ownership of the Sierra de las Minas gold project in La Rioja Province, Argentina; and a substantial minority stake in THEMAC Resources Group Ltd (TSX-V: MAC), which is focused on the development of the Copper Flat copper-molybdenum-gold-silver porphyry project in New Mexico, USA.

FOR FURTHER INFORMATION PLEASE CONTACT:

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