Business
Strategic & Operational Update
Strategic & Operational Update.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\n \n \n \n Strategic & Operational Update\n \n \n\n \n ECR Minerals plc\n \n \n\n \n \n \n 19 July 2018\n \n \n ECR MINERALS plc\n \n \n (“ECR Minerals”, “ECR” or the “Company”)\n \n \n STRATEGIC & OPERATIONAL UPDATE\n \n \n ECR Minerals plc (LON:ECR), the precious metals exploration and \n development company, is pleased to provide a business update for \n shareholders further to its announcement dated 11 July 2018, in which \n ECR Minerals outlined details of a strategic financing and an update on \n various areas where the additional working capital would be applied \n going forward. A link to this announcement is provided below:\n \n \n https://polaris.brighterir.com/public/ecr_minerals/news/rns_widget/story/xo5go9w\n \n \n Within the above ECR Minerals noted that it would prioritise work on \n Blue Moon, following the positive exploration drilling update, \n highlights which included evidence of a significant near surface \n mineralised system, with large mineralised gold intercepts up to 39.5 \n metres (apparent width) just 24.2 metres from surface, a link to which \n is also provided below.\n \n \n https://polaris.brighterir.com/public/ecr_minerals/news/rns_widget/story/xp0773w\n \n \n The accelerated development programme for Blue Moon will be released to \n market shortly, subject to certain commercially sensitive matters, \n namely in respect of new licence applications.\n \n \n The Company also noted within the 11 July 2018 update, that ECR Minerals \n was “aware of numerous opportunities to augment its Australian gold \n exploration portfolio and the additional funds raised would enable ECR \n Minerals to review and crystallise those opportunities that could add \n considerable value for shareholders.”\n \n \n The ECR Mineral’s technical team have reviewed many existing \n opportunities and identified a number of further potential target areas \n within Australia.\n \n \n The target areas selected focus primarily on precious and strategic \n energy metals & minerals.\n \n \n Those new precious metal opportunities are predominantly gold, including \n conglomerate hosted gold in Western Australia, alongside more \n traditional gold targets in the wider Victoria Region, to complement \n existing gold project interests.\n \n \n Strategic energy metals & mineral opportunities include a wide range of \n ...