viewECR Minerals PLC

ECR Minerals reports gold in all drill holes so far at Creswick

"We are delighted with Holes CSD003 and CSD004, which have provided our best gold intersections yet"

ECR Minerals PLC -

ECR Minerals PLC’s (LON:ECR) drilling at Creswick in the Victoria Goldfields, Australia has identified more gold mineralisation along the strike zone in a southerly direction from the first drill hole.

To date, six holes have been completed, with four holes fully assayed and all hitting multiple and significant zones of quartz and all intercepting gold, with the best results from CSD003 where there were no historic workings, ECR said.

Craig Brown, chief executive, said: “The aggressive drilling campaign undertaken by our contractors at Creswick continues apace, and the consequential raft of core data and intelligence processed by the core shed in Bendigo is now providing our geological team with a much deeper understanding of the prospectivity of the trend across our license areas.

“I am also pleased to report that assay results from hole CSD001, the first drill hole of the campaign, show we have intersected gold, a factor that is particularly significant considering that CSD001 is the first diamond hole into the DMS in the entire tenement.

“We are delighted with Holes CSD003 and CSD004, which have provided our best gold intersections yet on this 2021 diamond drilling programme of 9.93g/t and 23.58g/t gold.

“The work undertaken in the current campaign has enabled us to locate and confirm the position of the DMS, and increase our understanding of the types of folding and faulting within the system to assist with ongoing drill targeting.”

Quick facts: ECR Minerals PLC


Price: 1.725 GBX

Market Cap: £17 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...


ECR Minerals' Craig Brown talks strategic new land acquisitions in Victoria

ECR Minerals CEO Craig Brown joined Steve Darling from Proactive to share news the company has been busy adding to its portfolio by picking up more land at the Bailieston and Creswick properties in Victoria, Australia. Brown also shares with Proactive an update on the drilling going on at those...

3 days, 16 hours ago

2 min read