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ECR Minerals ( (GB:ECR) ) just unveiled an announcement.
ECR Minerals has secured an experienced operating team and is set to begin initial mining at its recently acquired Raglan alluvial gold project in central Queensland, with first gold production expected before the end of January 2026. With all key infrastructure, permits and equipment already in place, Raglan is positioned as a low-capex, turnkey operation intended to generate early cashflow and support the development of ECR’s larger Blue Mountain project and wider Queensland portfolio, at a time when historically strong gold prices could enhance the profitability and strategic value of the company’s transition from explorer to revenue-generating producer.
More about ECR Minerals
ECR Minerals plc is a UK-listed mineral exploration and development company focused on gold projects in Australia, operating through wholly owned subsidiaries in Victoria and Queensland. Its portfolio includes the Bailieston, Creswick and Tambo gold projects in Victoria, as well as the Raglan alluvial gold project, the Blue Mountain alluvial gold project and extensive exploration ground in the Lolworth Range and Kondaparinga area in Queensland. The company also retains contingent payment rights from previously sold Victorian projects and holds significant unutilised tax losses from past operations.
Average Trading Volume: 23,512,282
Technical Sentiment Signal: Buy
Current Market Cap: £8.29M
See more data about ECR stock on TipRanks’ Stock Analysis page.