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Encouraging Results from First Drill Hole of 2022 at Blue Moon, Victoria
Encouraging Results from First Drill Hole of 2022 at Blue Moon, Victoria.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nEncouraging Results from First Drill Hole of 2022 at Blue Moon, Victoria\n\nECR Minerals plc\n\n \n\n \n ECR MINERALS plc\n \n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n Encouraging Results from First Drill Hole of 2022 at Blue Moon, Victoria\n \n \nECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce gold results from the first drillhole for 2022 (BBMDD004) completed at Blue Moon.\n\n \nECR Minerals plc has 100% ownership of the Bailieston Project (EL5433), which contains the gold prospects known as HR3, Cherry Tree, Blue Moon and Black Cat. The projects are operated and drilled by ECR’s Australian wholly owned subsidiary Mercator Gold Australia Pty Ltd (“MGA”).\n\n \n ECR CEO Andrew Haythorpe commented: \n “I am pleased to report an encouraging grade from the first Blue Moon drill hole of the 2022 Blue Moon campaign. The programme has been designed to test for mineralised continuity of the Blue Moon gold bearing structure and we’re very encouraged by what we’ve seen so far. As previously stated, the drill site is located west of where the 2019 RC drill programme finished, so a decision on further drilling activity will be made once the results for the remaining holes are in.”\n \n \n “ECR is entering a busy period as we complete our initial sampling campaign at Lolworth and finalise planning an initial field campaign at the Hurricane project in N Queensland. With soil sample lab results from Creswick also due, I am very much looking forward to reporting results of the next three Blue Moon holes along with our next steps to the market as and when we have them.”\n \n \n HIGHLIGHTS\n \n \n \n Results from the first diamond drillhole for 2022 are encouraging with 0.5m @ 7.29 g/t Au from 96.9m.\n \n \n Drilling continues with three out of a planned four-hole program completed to date with samples awaiting results pending.\n \n \n \n Figure 1. Best gold intercept with the BBMDD004 drill core is represented here; https://www.ecrminerals.com/images/2022/fig1_Best_Intercept_BBMDD004.png\n \n BBMDD004\n \n \nBBMDD004 is the first diamond drillhole completed from an initial four-hole programme designed to test for mineralised continuity of the Blue Moon gold bearing structure. The drill site is located west of where the 2019 RC drill programme finishe...