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ECR Minerals ( (GB:ECR) ) has shared an update.
ECR Minerals has completed a diamond drilling campaign at the Duke of Cornwall Prospect within the Tambo Gold Project in Victoria, Australia. The campaign results highlighted potential high-grade gold zones, notably with drill hole DOCD002 showing promising gold intercepts. The insights gained from this campaign, including valuable structural data and geochemical analysis, will guide future exploration efforts. The company plans further drilling to explore these high-grade zones and untested areas, while also progressing with a potential sale of non-core assets to realize tax losses.
More about ECR Minerals
ECR Minerals PLC is an exploration and development company focused on gold in Australia. It is engaged primarily in the exploration and development of gold projects, with a key focus on its operations in Victoria, Australia, aiming to uncover significant gold mineralization through drilling campaigns.
YTD Price Performance: 14.81%
Average Trading Volume: 32,215,444
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.79M
Learn more about ECR stock on TipRanks’ Stock Analysis page.
