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Gold Bearing Quartz Veins Discovered at Lolworth
Gold Bearing Quartz Veins Discovered at Lolworth.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\nECR MINERALS plc\n(\"ECR Minerals\", \"ECR\" or the \"Company\")\nDiscovery of Gold Bearing Quartz Veins in Flaggy Creek, Lolworth, Queensland.\nECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce that following rock chip sampling and outcrop mapping at the Flaggy Creek area at the Lolworth Project, N Queensland, Australia, gold bearing quartz veins have been discovered.\nThe Lolworth Project is located approximately 120km west of the historic gold mining centre of Charters Towers, North Queensland, Australia. The project consists of three exploration tenements (EPM27901, EPM27902 and EPM27903) which are operated by LUX Exploration Pty Ltd, a wholly owned subsidiary of ECR (\"LUX\"). Numerous Gold, Niobium and REE anomalies have been identified within the project.\nHIGHLIGHTS\n· Results from mapping a quartz veinlet system within the upper creek drainage of Flaggy Creek have proven to be gold-bearing.\n· The veinlet system consists of multiple narrow veins outcropping over a length of 70 metres long and within a zone up to 100m wide.\n· Best rock chip results from outcrop include 6.05 g/t Au, 5.96 g/t Au, 4.66 g/t Au and 3.97 g/t Au.\n· Soil sampling programme just completed over the ridgelines in Flaggy Creek, above the best gold bearing pan concentrate samples.\nECR Technical Director Adam Jones commented: \"The veinlet gold system we have now identified at Flaggy Creek has come about through our systematic approach to the groundwork. The geology field team have seen for themselves how the initial sampling work and mapping has through a process of elimination arrived at an outcrop that has delivered some encouraging grades within a concentrated area. We are confident that we have potentially identified a style of gold bearing vein system that we can expect to find throughout the region, and furthermore, we have identified other gold bearing creeks from our stream sampling programme that are in close proximity to and show very similar geological features to the Flaggy Creek area. Coupled with the major soil sampling work completed along strike at the Flaggy Creek outcrop, we are hoping the results from this work may show a much larg...