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ECR Minerals has 'substantial plans' as drilling kicks off at Bailieston in Victoria

ECR Minerals' (LON:ECR) Craig Brown caught up with Proactive's Andrew Scott following the news their newly acquired drill rig, Midas, is now in operation at its inaugural drill site at the Bailieston Project in Victoria, Australia. It's the first of a number of drill locations which will be coordinated from ECR’s central exploration facility compound in the Victoria Goldfields. Brown says the work will be funded from ECR’s existing cash resources, which total around £2.95 million.

Quick facts: ECR Minerals PLC

Price: 3.65 GBX

AIM:ECR
Market: AIM
Market Cap: £32.02 m
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ECR Minerals' Craig Brown updates on new licence applications in Victoria

ECR Minerals PLC's (LON:ECR) Craig Brown speaks to Proactive's Andrew Scott soon after announcing they've applied for two new exploration licences in eastern Victoria, Australia. The licences, which are contiguous, will comprise the Tambo gold project. The areas cover portions of the Swifts...

on 25/9/20

2 min read