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ECR Minerals Plc
Summary
| Project: | Bailieston | |
|---|---|---|
| Deposit: | Creswick | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/5/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-11-2019: ECR Minerals Plc announces an Exploration/Drilling Update report for its Creswick deposit at the Bailieston project. Analytical results from RC drilling incl. 1m @ 80.97g/t Au from 15m. ECR Minerals plc (LON: ECR), the precious metals explorati | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rodney Boucher (Linex Pty Ltd.) | |
| ABSTRACT: | ECR Minerals plc (LON: ECR), the precious metals exploration and development company, is pleased to announce the results of further analysis of samples from reverse circulation (RC) drilling completed earlier this year at the Creswick gold project in Victoria, Australia. The Creswick project is 100% held by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”). Craig Brown, Chief Executive Officer of ECR Minerals plc, commented: “These results confirm the presence of nuggety gold mineralisation in the Dimocks Main Shale (DMS) at Creswick, some of which is very high grade. MGA’s tenement position at Creswick covers approximately 7 kilometres of the DMS trend, and our drilling earlier this year only tested approximately 300 metres of this. We therefore believe there is significant potential upside in the project, and we are now considering how best to build on the results obtained from Creswick to date to create value for ECR shareholders. Creswick is one of five projects owned by ECR within the Victoria goldfields and forms part of what is rapidly becoming a highly significant and strategic portfolio in the region.” | |
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