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Blue Mountain Bulk Concentrate Yields 192 g/t Gold
Blue Mountain Bulk Concentrate Yields 192 g/t Gold.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\nECR MINERALS plc\n \n(\"ECR Minerals\", \"ECR\" or the \"Company\")\n \nBlue Mountain Bulk Concentrate Sampling Yields Up To 192 g/t Gold\n \nECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce results from trenching and bulk concentrate sampling at the Blue Mountain Project in Queensland, Australia.\n \nHIGHLIGHTS\n \nTrenching\n● 8 trenches completed across strategic alluvial flats on the upper reaches of South Kariboe Creek\n● 15.4 cubic metres of alluvial gravel processed yielding 9.95 grammes of visible gold\n● Average recovered visible gold of 1.55 grammes per bank cubic metre - significantly higher than previous estimates\n \nBulk Concentrate Sampling\n● In addition, 6 bulk samples of concentrates were submitted for laboratory analysis\n● Best results include 192.15 g/t, 97.40 g/t and 33.19 g/t Au within these concentrates\n● ECR remains fully funded for its planned operations in Queensland and Victoria for 2024\n \nBackground\nThe Blue Mountain project consists of two exploration permits (EPM27175 and EPM27183). Both permits are in good standing and the Company has recently applied to extend the terms for an additional five years. \n \nPrevious testing of the alluvial ground on South Kariboe Creek and Denny's Gully is evidenced by the remains of old pits within the creek. An historic (non-JORC) alluvial resource within this region for the South Kariboe Creek and Denny's Gully prepared by Normin Consultants Pty Ltd, which has not been verified by ECR and cannot be relied upon, but is provided as indicative of the potential in the area estimates a potential 1,426,800 bank cubic metre (b.c.m) at 0.60 grammes per b.c.m for 27,526 oz Au.\n \nIn July 2024 LUX Exploration Pty Ltd, a subsidiary of ECR Minerals, completed 8 test trenches on the upper reaches of South Kariboe Creek.\n \nA total of 15.4 cubic metres of alluvial gravel was processed through a pilot trommel wash plant, yielding 9.95 grammes of visible gold, an overall average of 1.55 grammes per b.c.m.\n \nAdditionally, six bulk samples of sluice box concentrates were submitted for laboratory a...