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ECR confirms geological model at Bailieston with first-pass RC drill results

Initial drilling on the Bailieston project has confirmed ECR's geological thinking and provides a solid foundation for further work on its suite of Victoria assets.
Gold bars
Gold intersections from this programme will inform decisions about where to drill next

ECR Minerals PLC (LON:ECR) has now completed testing on three targets at its Bailieston project in Victoria, Australia, the old Byron Shaft, the Scoulars trend and the Maori trend.

In total ECR completed 92 metres of reverse circulation in June, for a total of seven holes.

The results for the Scoulars and Maori trends are consistent with the company’s geological model, whilst drilling around the Byron Shaft did not intersect the target mineralisation.

Although no high-grade mineralisation was intersected, this is not unexpected given the relatively small size of the programme and the fact that it was spread over three prospects.

“The drilling successfully confirmed our overall geological model for the Bailieston project, and we look forward to planning the next phase of exploration, building on these first-pass results,” said ECR chief executive Craig Brown.

“We are currently looking at the results in the context of ECR’s wider strategy in Victoria, where the Company now has 100% ownership of four Exploration Licences containing numerous gold prospects, and will update shareholders in due course regarding next steps.”

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