ECR Minerals to Launch Antimony Drilling and Advance Gold Projects

ECR Minerals ( (GB:ECR) ) has shared an update.

ECR Minerals has announced a new antimony-focused drilling program at its Bailieston Project in Victoria, Australia, set to begin in April 2025. The company is also advancing its Blue Mountain Gold Project in Queensland, which has significant revenue potential. ECR is exploring opportunities to optimize its asset portfolio, including potential sales of non-core assets and tax losses. The company remains financially strong, supported by recent strategic divestments, and is well-positioned for growth with ongoing exploration and development activities.

More about ECR Minerals

ECR Minerals is a mineral exploration and development company with a focus on gold projects in Australia. The company, through its subsidiary Mercator Gold Australia Pty Ltd, owns the Bailieston and Creswick gold projects in central Victoria and has several license applications in progress. ECR also has interests in Queensland through LUX Exploration Pty Ltd and is negotiating the acquisition of Maximus Minerals Ltd.

YTD Price Performance: -23.84%

Average Trading Volume: 24,883,629

Technical Sentiment Signal: Buy

Current Market Cap: £5.09M

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