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ECR set to broaden drill campaign across the Bailieston gold project

ECR's portfolio of gold projects is located in a highly prospective area of Australia

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The gold price has been stronger in recent weeks

ECR Minerals PLC (LON:ECR) will shortly commence drilling at the Black Cat prospect within the Bailieston gold project area in the state of Victoria, Australia.

This programme is in addition to the previously announced drilling which will be taking place at the Creswick gold project and the Blue Moon prospect at Bailieston.

WATCH: ECR Minerals sees 'significant gold opportunity' at Blue Moon in Australia

ECR will undertake 450 metres of rotary air blast drilling at Black Cat.

Black Cat is among the high priority targets identified by the geophysical interpretation and targeting study completed by Terra Resources in late 2017.

It has not been previously drilled

The contains 220 metres of historical workings along three known lines of quartz reef

“The Bailieston project is at the epicentre of the current gold exploration boom in Victoria, being located close to the successful Fosterville mine owned by Kirkland Lake Gold,” said ECR chief executive Craig Brown.

“This point is underlined by the arrival of Newmont Exploration in the district with an application for ground immediately to the north of the Black Cat prospect.”

Quick facts: ECR Minerals PLC

Price: 0.725 GBX

AIM:ECR
Market: AIM
Market Cap: £3.27 m
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