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Further Stream Sampling Results Identify New Gold Anomalies at...
Further Stream Sampling Results Identify New Gold Anomalies at....
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nFurther Stream Sampling Results Identify New Gold Anomalies at Lolworth Range Project, Queensland\n\nECR Minerals plc\n\n \n \n \n \n \n \n E\n \n CR MINERALS plc\n \n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n Further Stream Sampling Results Identify New Gold Anomalies at Lolworth Range Project, Queensland\n \n \nECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce updated gold results from the stream sampling campaign at the Lolworth Range project, North Queensland, Australia.\n\n \nECR Minerals plc has 100% ownership of three exploration tenements (EPM27901, EPM27902 and EPM27903), which covers the Lolworth Range, located 120km west of the famous gold district of Charters Towers. The project is being explored under ECR’s Australian wholly owned subsidiary Lux Exploration Pty Ltd (“LUX”).\n\n \n HIGHLIGHTS\n \n \n \n Assays from the final 75 stream sediment samples now received.\n \n \n Results have outlined another 6 stream drainages that are anomalous in gold.\n \n \n Gold results up to 1395 ppm gold correlate well to visual gold seen in pan concentrates\n \n \n Results for Li-Ta-Ni-Ce are yet to be received.\n \n \n \n ECR CEO Andrew Haythorpe commented: \n “I am pleased to report that once again our Lolworth assets continue to exceed expectations. As the regional streams and gullies continue to give up their secrets and yield some high gold values, there is a real sense of excitement and anticipation at the potential scale and diversity at the project. Once our field team get back on the ground and zone in on the most promising streams, we expect to be able to produce a shortlist of drill targets ready for our rig to commence work at the earliest opportunity.”\n \n \n \n “\n \n We already know 2023 will be a definitive year for Lolworth, and with so much more to come from the rest of ECR’s asset portfolio, I look forward to reporting further developments as they occur.”\n \n \nPlan of all outlying anomalous gold areas identified from stream sampling to date at the Lolworth Project are shown in Figure 1 below:\n\n \n Figure 1: https://www.ecrminerals.com/images/2023/Fig1_Lolworth_Project_230322.png\n \n \n NEW GOLD RESULTS\n \n \nWe are pleased that the long-awaited results for the last batch of stream samples have finally arrived. The ...