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ECR Minerals PLC -gold exploration and development company focused on Australia - Begins drilling at the Blue Moon prospect at the 100% owned Bailieston project in Australia.
Chief Executive Andrew Haythrope says: ‘The four holes we are drilling now will 'twin' with the previous RC drill holes up to and west of the point at which the previous RC drill program ended in 2019 and will initially seek to confirm previous consistency and levels of mineralisation. A successful intersection could potentially double the strike extent of the prospect, although we cannot of course guarantee this will take place.’
Adds previous Blue Moon campaign recorded ‘consistent levels of mineralisation at hole BBM007 of 15 metres at 3.81 grams per tonne of gold.
Current stock price: 0.71 pence
12-month change: down 61%
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