ECR Minerals (GB:ECR) has released an update.
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ECR Minerals reports a promising 91.7% gold recovery rate from ore samples at the Blue Mountain Project in Queensland, suggesting potential for a commercially viable mining operation. These results, attained through gravity concentration methods, have led to considerations for establishing on-site production. The project offers an advantage due to its alluvial gold system, which could allow for cost-effective near-surface mining.
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