ECR Minerals Launches Production at Raglan as It Transitions Into Gold Producer

ECR Minerals ( (GB:ECR) ) just unveiled an announcement.

ECR Minerals has begun implementing its production plan at the fully permitted Raglan alluvial gold project in central Queensland, moving the company into initial gold production and early cashflow generation. The operating team has identified priority trenching areas, is optimising mining equipment—particularly the 60 tonne-per-hour wash plant—and will reassess previously worked ground at depth, seeking to replicate the strong 91.7% recovery performance achieved at its nearby Blue Mountain project. Board members are travelling to Queensland to oversee start-up operations, review early grade data and meet a prospective off-taker for gold from Raglan and Blue Mountain, as the company seeks to capitalise on exceptionally high gold and silver prices. Raglan’s turnkey infrastructure and low-capex pathway are expected to provide a platform for shared operations with Blue Mountain, support the advancement of the larger Lolworth gold-silver project and underpin ECR’s strategic shift from pure explorer to operating producer within the Queensland and Victoria gold sector.

More about ECR Minerals

ECR Minerals plc is a mineral exploration and development company focused on gold projects in Australia, operating through three wholly owned subsidiaries covering Queensland and Victoria. Its portfolio includes the Bailieston, Creswick and Tambo gold projects in Victoria, as well as the Raglan and Blue Mountain alluvial gold projects and the large Lolworth gold-silver exploration area in Queensland, positioning the group as an emerging regional gold producer with substantial exploration upside and significant accumulated tax losses in Australia.

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