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ECR Minerals ( (GB:ECR) ) has shared an announcement.
ECR Minerals has reported promising results from its Blue Mountain Project in Central Queensland, highlighting the potential for near-term, low-cost alluvial gold production. The drilling results revealed visible coarse gold and the expansion of gold-bearing creek flats, suggesting proximity to a primary source and indicating potential for a commercially viable start-up operation. The successful wash-plant trials at Lower Patterson further reinforce the project’s viability, positioning ECR Minerals as a key player in the alluvial gold mining sector in North Queensland.
More about ECR Minerals
ECR Minerals PLC is an exploration and development company focused on gold mining in Australia. The company is primarily engaged in identifying and developing gold resources, with a market focus on cost-efficient alluvial gold production.
Average Trading Volume: 27,465,585
Technical Sentiment Signal: Sell
Current Market Cap: £6.42M
For an in-depth examination of ECR stock, go to TipRanks’ Overview page.