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ECR Minerals Plc
Summary
| Project: | SLM | |
|---|---|---|
| Deposit: | El Abra, JV14 | |
| Location: | Argentina | |
| Commodities: | Gold | |
| Date: | 1/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-1-2017: ECR Minerals Plc announces a Resource Estimation report for its El Abra, JV14 deposit at the SLM project. Exploration Target range determined for 2 prospects at SLM project. The directors of ECR Minerals plc (the “Directors”) are pleased to pro | |
| Resources: | Exploration Target range estimates for El Abra prospect and JV14 zone | |
| CP/QP: | [Overall Report]: Ivor Jones (Internal) | |
| ABSTRACT: | The directors of ECR Minerals plc (the “Directors”) are pleased to provide the following update regarding the SLM gold project in La Rioja, Argentina. The SLM gold project is 100% held by ECR’s wholly owned Argentine subsidiary Ochre Mining SA (“Ochre”). The project comprises three key prospects: El Abra, JV (particularly the JV14 zone) and Maestro Agüero. Summary information regarding each of the three prospects is contained in ECR’s announcement dated 2 September 2014. The decision to recommence work at the SLM project has been taken following a visit to Argentina in December 2016 by three of the Directors: Craig Brown, CEO; Ivor Jones, COO; and Christian Dennis, Non-Executive Director. The visit included site inspections at the El Abra and Maestro Agüero prospects, as well as discussions with the provincial government in La Rioja and several of Ochre’s former staff members and consultants. A further announcement will be made in due course regarding the timescale for the planned drilling programme. Previous exploration results have been collated and used to develop grade-tonnage models of El Abra and JV14. Whilst the robustness of the data has not been sufficiently determined for Mineral Resource estimation, it has allowed a review of the mineralisation and the development of Exploration Targets for El Abra and JV14 in accordance with the JORC Code. | |
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