Business
Drilling/Production Report - Replacement
Drilling/Production Report - Replacement.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nDrilling/Production Report - Replacement\n\nECR Minerals plc\n\n \n \n \n ECR MINERALS plc\n \n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n Correction - Initial Drilling Success of ‘Phase two’ Drilling at HR3.\n \n \nIn the ECR Drilling announcement released at 0701GMT on Friday 26th November 2021, a typographical error was contained in the paragraph detailing the Maori Anticline. It was stated:\n\n \n “The Maori Reef has been intersected midway between BH3DD009 and the historical workings by an historic percussion drill hole named BLP136. BH3DD009 intercepted 1m @ 34 g/t Au from 44m depth.”\n\n \nThe corrected statement reads:\n\n \n“The Maori Reef has been intersected midway between BH3DD009 and the historical workings by an historic percussion drill hole named BLP136, which previously intercepted 1m @ 34 g/t Au from 44m depth”\n\n \nAll other details remain unchanged. The full announcement containing the correction is below.\n\n \n ECR Minerals (“ECR Minerals”, “ECR” or the “Company”)\n \n \n Initial Drilling Success of ‘Phase two’ Drilling at HR3.\n \n \nECR Minerals plc (LON: ECR), the gold exploration and development company focussed on gold exploration in Australia, is pleased to update shareholders on its initial successful results from recently commenced ‘phase 2 drilling’ within HR3 at Bailieston, Victoria, Australia.\n\n \nECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which is operated under its Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd (“MGA”).\n\n \n ECR Chairman David Tang commented:\n “We are pleased with the excellent results from hole BH3DD009 at HR3. As this intensive drilling campaign continues, so our understanding of the Maori Anticline continues to grow. With a clear picture of the HR3 goldfield structure starting to emerge, it is tragic that Craig Brown is no longer with us to see these latest developments. I do know that all employees and directors at ECR and Mercator Gold are working hard to ensure that Craig’s vision for ECR’s flagship projects come to fruition. We look forward to sharing further assay results and data with shareholders as they are released by the labs.”\n \n \n “It is our intention to appoint a new CEO in due course, and in this regard our search has already begun. In the interim a committee of directors, including m...