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Insitu Rock Chip Sampling at Creswick Licences EL006184 and EL006713
Insitu Rock Chip Sampling at Creswick Licences EL006184 and EL006713.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nInsitu Rock Chip Sampling at Creswick Licences EL006184 and EL006713\n\nECR Minerals plc\n\n \n \n \n ECR MINERALS plc\n \n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n \n Insitu\n \n \n Rock Chip\n Sampling\n at\n Creswick Licences EL006184 and EL006713\n \n \n \nECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce high gold grades from recent in-situ rock chips sited within license EL006184 and newly acquired license EL006713 at the Creswick Project, Victoria, Australia.\n\n \nECR Minerals plc has 100% ownership of the Creswick Project which includes exploration tenements EL006907, EL006713 and EL006184. All licences reside north to north-east of the City of Ballarat, Victoria, Australia. The Company is exploring a number of parallel-gold mineralisation trends that are believed to extend 10km NE from the Nerrina Goldfields at Ballarat.\n\n \n ECR CEO Andrew Haythorpe commented: \n “I am delighted to see these results from rock chip sampling. Along with the retest of the 2021 Creswick drill core (see RNS dated October 19 2022 here) and the parallel gold system identified at Davey Road and South Davey workings (see RNS dated December 22 2022 here), this work continues to support the Directors’ belief that Creswick could host an extended gold system. The Company’s field team has remained on the ground at the property to continue further sampling”\n \n \n The Board remain excited by the potential opportunities for discovery across ECR’s asset portfolio, and are eager to push on and undertake further work at the earliest possible opportunity. I look forward to reporting back to you with further updates.”\n \n \n HIGHLIGHTS\n \n \n \n Insitu rock chip sampling from two accessible underground locations at the Brewery Lane property (EL006184) and Mills Reef East (EL006713) have been completed.\n \n \n Highlights include 0.7m @ 189.42 g/t Au and 0.4m @ 86.51 g/t Au from (EL006184); 0.25m @ 441.23 g/t Au, 0.15m @ 140.83 g/t Au and 0.25m @ 24.92 g/t Au from (EL006713).\n \n \n Widths of reported grades are close to true width.\n \n \n Ground work continues through newly acquired tenements towards Ballarat.\n \n \n \nFigures related to this announcement can be viewed here:\n\n \nFigure 1: Overview map:\n\n \n https://www.ecrminerals.com/images/2023/Fig1...