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The latest announcement is out from ECR Minerals ( (GB:ECR) ).
ECR Minerals has announced promising exploration results from its Lolworth Gold and Critical Minerals Project in North Queensland, Australia. Key findings include high-grade gold values, with nine samples exceeding 9 ppm Au, and significant niobium-tantalum concentrations in five samples. These results have led ECR to plan a maiden drilling program, reinforcing confidence in the project’s potential and indicating untapped resources in the region. The company is in talks with contractors to proceed with drilling, highlighting the project’s strategic importance within the gold and critical minerals industry.
More about ECR Minerals
ECR Minerals PLC is a mineral exploration and development company with a focus on gold exploration in Australia. The company operates through its wholly owned Australian subsidiaries, including Mercator Gold Australia Pty Ltd, which has ownership of multiple gold projects in Victoria, Australia, and LUX Exploration Pty Ltd, which manages exploration permits in Queensland. ECR is also involved in strategic transactions to optimize its project portfolio and has significant unutilized tax losses from past operations.
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.
