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New Gold Discovery - Blue Moon Deposit, Victoria, Australia
New Gold Discovery - Blue Moon Deposit, Victoria, Australia.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\n \n \n \n New Gold Discovery - Blue Moon Deposit, Victoria, Australia\n \n \n\n \n ECR Minerals plc\n \n \n\n \n \n \n 1 May 2019\n \n \n ECR MINERALS plc\n \n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n New Gold Discovery - Blue Moon Deposit, Victoria, Australia\n \n \n ECR Minerals plc (LON:ECR), the precious metals exploration and \n development company, is pleased to announce further results from the \n reverse circulation (RC) drilling programme completed in February and \n March 2019 at the Blue Moon gold prospect in the state of Victoria, \n Australia.\n \n \n The Blue Moon prospect is located within the Bailieston gold project \n (EL5433), which is 100%-owned by ECR’s wholly owned Australian \n subsidiary Mercator Gold Australia Pty Ltd (“MGA”).\n \n \n Readers are advised to review the Company’s announcement dated 28 \n January 2019 regarding the initiation of the Blue Moon drilling \n programme, which can be viewed through the following link:\n \n \n https://polaris.brighterir.com/public/ecr_minerals/news/rns/story/x2q8qzx\n \n \n Readers are also advised to review the Company’s announcement dated 14 \n March 2019 regarding the results of RC holes BBM004, BBM006 and BBM007 \n drilled at Blue Moon, which included high grade intervals and \n significant widths of anomalous gold grades. The announcement can be \n viewed through the following link:\n \n \n https://polaris.brighterir.com/public/ecr_minerals/news/rns/story/wk5q62w\n \n \n Highlights:\n \n \n \n Twelve reverse circulation (RC) holes completed for 1,718 metres \n drilled at Blue Moon, with significant intersections of gold \n mineralisation in nine holes (see Table 1, and further information in \n Table 2).\n \n \n Based on the results of this programme, together with other \n exploration as previously reported, Blue Moon constitutes a new gold \n discovery within the Bailieston project area.\n \n \n Across the full RC drilling programme, significant intersections \n included:\n\n \n \n 2 metres at 17.87 g/t gold within a zone of 15 metres at 3.81 g/t \n gold from 51 metres in BBM007;\n \n \n 3 metres at 3.88 g/t gold within a zone of 11 metres at 2.42 g/t \n gold from 169 metres in BBM006;\n \n \n 1 metre at 2.15 g/t gold at the top of a zone of 16 metres at 0.28 \n g/t gold from 85 metres in BBM004;\n \n \n 2 metres at 1.40 g/t gold within a zone...