Home » PIR Multichannel » ECR Minerals (ECR)

ECR Minerals (ECR)

 

ECR Minerals is an AIM listed mineral exploration and development company, with a strategic objective to deliver the next multi-million ounce gold resource in Australia.

ECR’s wholly owned Australian subsidiary Mercator Gold Australia (“MGA”) has 100% ownership of two gold exploration projects, the Bailieston and Creswick projects, in Central Victoria, Australia.

MGA’s tenement position in Victoria is detailed in the table opposite. As well as its 100%-owned Bailieston and Creswick projects, MGA has interests in the Avoca, Moormbool and Timor projects, which were sold by MGA in 2020 to TSX listed Fosterville South Exploration for up to A$2.5m (£1.3m).

ECR also owns 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.

Following the sale of Argentine subsidiary Ochre Mining to China’s Hanaq Argentina, ECR now holds a net smelter royalty of up to 2% to a maximum of $2.7m in respect of future production on the SLM gold project in Argentina.

ECR shares are listed on the AIM market of the London Stock Exchange with the symbol ECR.

Follow ECR Minerals on Twitter @ecrminerals

I would like to receive Brand Communications updates and news...
Free Stock Updates & News
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.