ECR Minerals Advances Tambo Drilling and Tax Deal Talks

ECR Minerals (GB:ECR) has released an update.

ECR Minerals has launched its first diamond drilling campaign at the Tambo Gold Project in Victoria, Australia, targeting promising gold-rich areas. Additionally, the company is negotiating with four Australian companies to potentially sell A$75 million in tax losses, which could significantly enhance its financial position. Investors can also anticipate the release of detailed analysis results from the Lolworth Project, which may further highlight ECR’s growth potential.

For further insights into GB:ECR stock, check out TipRanks’ Stock Analysis page.