Business
ECR's Raglan Project to enter production phase
ECR Minerals plc is transitioning into a gold producer with its Raglan Project, expecting initial gold production before the end of January 2026 after securing an experienced operating team and completing the project acquisition in December 2025. This fully permitted, turnkey alluvial gold mining operation in Queensland is poised to generate early cashflow, which will support the development of the larger Blue Mountain project and the company's wider Queensland portfolio, benefiting from current historically high gold prices. Disclaimer*
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\n \n\n \n7 January 2026\n \nECR MINERALS PLC\n \n(\"ECR Minerals\", \"ECR\" or the \"Company\")\n \nECR Minerals' Raglan Project to enter production phase\n \nRaglan operating team secured, initial gold expected this month\n \nECR Minerals plc (AIM: ECR), the gold exploration and development company focused on Australia, is pleased to announce that the Company has secured an experienced team to commence initial mining operations at its Raglan alluvial gold project in Queensland (the \"Raglan Project\").\n \nWith the operating team secured, and all site infrastructure, wash plant and mobile fleet already onsite, ECR now expects initial gold production before the end of January 2026, marking the Company's transition into a revenue-generating gold producer.\n \nThis development follows completion in December 2025 of ECR's acquisition of the Raglan Project, a fully permitted, turnkey alluvial gold mining project.\n \nHighlights\n· Operating team secured and commercial terms agreed, enabling the commencement of mining in the coming weeks\n· First gold production expected before the end of January 2026\n· Raglan Project positioned to provide early cashflow, intended to support in due course ECR's larger Blue Mountain project and the wider Queensland portfolio\n· All key infrastructure, equipment and permits already in place, expected to enable an efficient ramp-up of operations at the Raglan Project\n· Strong gold prices create favourable market conditions for ECR's assets\n \nBackground on the Raglan Project\nThe Raglan Project (ML 3665) is a fully permitted alluvial gold mining operation located in central Queensland, Australia. Recently acquired by ECR Minerals, the Raglan Project includes a near-new 60 tonne-per-hour wash plant, a fully equipped gold room, established water supply, accommodation camp, mobile mining fleet and complete site infrastructure, providing a true turnkey mining solution. Positioned within an established gold-producing district, the Raglan Project potentially offers a low-capex, rapid pathway to production. The Raglan Project is also strategically located close to ECR's Blue Mountain alluvial project, e...