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ECR Minerals Plc

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Summary

Project:

Bailieston

Deposit:Blue Moon
Location:Australia
Commodities:Gold
Date:5/1/2019
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-5-2019: ECR Minerals Plc announces an Exploration/Drilling Update report for its Blue Moon deposit at the Bailieston project. Drilling results incl. 15.0m @ 3.81g/t Au from 51.0m. Craig Brown, Chief Executive Officer of ECR Minerals plc, commented: “I a
Resources:x
CP/QP:[Overall Report]: Rodney Boucher (Linex Pty Ltd.)
ABSTRACT:Craig Brown, Chief Executive Officer of ECR Minerals plc, commented: “I am pleased to announce the complete results of the RC drilling programme undertaken at the Blue Moon prospect and the new gold discovery we have now confirmed.Within this follow-up programme, we have reported gold grades of up to 17.87 g/t gold over 2 metres from 57 metres and have significantly increased our knowledge of the geology at Blue Moon. This represents considerable advancement when set against the diamond drilling results reported in July 2018 from the first three holes at Blue Moon, which included a significant intersection of 39 metres at 0.3 g/t gold from 24.2 metres. With the knowledge gained from the RC programme we believe that the gold mineralisation intensifies further west and now have a clear action plan to follow the system. We are excited by the findings and will continue our work at Blue Moon and other prospects in the Bailieston project area, with our strategic objective remaining a multi-million ounce gold discovery.”

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