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Further High-Grade Gold Intercepts at Blue Moon Prospect, Bailieston...
Further High-Grade Gold Intercepts at Blue Moon Prospect, Bailieston....
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nFurther High-Grade Gold Intercepts at Blue Moon Prospect, Bailieston, Victoria\n\nECR Minerals plc\n\n \n\n \nECR MINERALS plc\n\n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n Further High-Grade Gold Intercepts at Blue Moon Prospect, Bailieston, Victoria\n \n \nECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce results for three more drill holes from the Blue Moon Prospect, Bailieston, Victoria, including our best gold intercept for this 2022 drilling campaign in hole BBMDD010.\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 by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”).\n\n \n ECR CEO Andrew Haythorpe commented: \n “The Board are pleased to report further drill results from Blue Moon, with the drilling campaign almost complete, and that we have for the most part seen continuity of grades across results from the holes announced today. As largely expected by the geo team, the best result came from hole BBMDD010, with an impressive composite grade of 6.35m @4.56 g/t from 84.9m down. With the modelling for Blue Moon nearly complete, we are close to finalising our plan of action here for 2023.”\n \n \n “My thanks to Adam Jones and the team for working through the logistical challenges encountered during the campaign, and I look forward to reporting next steps for Blue Moon on receipt of assays for\n holes BBMDD012 and BBMDD013 in the next few weeks.”\n \n \n HIGHLIGHTS\n \n \n \n Results from drillholes BBMDD009, BBMDD010 and BBMD011 received\n \n \n Intercepts from hole BBMDD010 at 84.9m depth composite together at a grade of 6.35m @ 4.56 g/t Au (using a cut-off of 1 g/t Au).\n \n \n Best results from hole BBMDD010 include 0.5m @ 17.77 g/t Au from 84.9m, 0.4m @ 15.02 g/t Au from 85.4m and 0.3m @ 10.62 g/t Au from 85.8m.\n \n \n Results include 0.4m @ 0.25 g/t Au from 205.2m (BBMDD009).\n \n \n 1m @ 0.72 g/t Au from 95m (BBMDD011).\n \n \n Recognition of potential plunging high-grade shoot.\n \n \n \n Figure 1. Overview of 2022-2023 diamond drilling campaign to February 2023:\n\n \n https://www.ecrminerals.com/images/2023/Fig1_BBM_Plan_230223.png\n \n \n Figure 2. Long-...