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ECR Minerals ( (GB:ECR) ) just unveiled an update.
ECR Minerals has provided an update on its exploration activities at the Lolworth Gold and Critical Minerals Project in Queensland, Australia. The company reported promising gold and niobium-tantalum results from recent samples, indicating potential undiscovered mineral sources. ECR plans to begin drilling in 2025, focusing on several key prospects. This development suggests significant untapped potential in the region, enhancing ECR’s positioning in the gold exploration industry and attracting interest from stakeholders and partners.
More about ECR Minerals
ECR Minerals is a mineral exploration and development company. It operates primarily in Australia through its wholly owned subsidiaries, Mercator Gold Australia Pty Ltd and LUX Exploration Pty Ltd. The company focuses on gold projects in Victoria and has exploration permits in the Lolworth Range, Queensland. ECR is also involved in the sale of gold projects and holds rights to future payments based on resource estimation or production from these projects.
YTD Price Performance: -5.63%
Average Trading Volume: 26,307,228
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.31M
Find detailed analytics on ECR stock on TipRanks’ Stock Analysis page.
