The precious metals explorer has completed the first two holes of the drill programme and is in the process of sending off a set of four-metre-long samples for analysis. ECR expects to have those results back in two to six weeks.
On receipt of the original assays, those which have returned anomalous gold grades will be re-sampled on a metre by metre basis and this second set of samples will be sent for assay.
Black Cat, which has not been previously drilled, is among the high priority targets identified by the geophysical interpretation and targeting study completed by Terra Resources in late 2017.
“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 last week.
“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.”
Last week, ECR confirmed it had completed the first four holes of the drill programme at its Creswick gold project.
Once finished there, the drill rig will move over to the Blue Moon gold prospect in the Bailieston project area.