Proactive Investors - Run By Investors For Investors

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
ECR set to broaden drill campaign across the Bailieston gold project
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.”

View full ECR profile View Profile

ECR Minerals PLC Timeline

Related Articles

March 25 2019
Recent production numbers from Pan African's operations give plenty of grounds for encouragement
The Tran-Siberian railway
May 14 2019
The miner is advancing the Sergeevskoe gold project in the Mogocha district of the Zabaikal’skiy region
gold pour
June 04 2019
The Tulkubash mine life is currently set at 5.3 years, but the company is confident exploration can boost this

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use