ECR Minerals confirms "genuine bonafide exploration potential" at Lolworth
November 02, 2023 at 04:06 am EDT
Share
(via NewsDirect)
ECR Minerals PLC (AIM:ECR) Managing Director Nick Tulloch speaks to Thomas Warner from Proactive about his recent appointment to the role as well as the discovery of gold bearing quartz veins at the Flaggy Creek area of the company's Lolworth Project in Queensland, Australia Tulloch starts by giving an overview of his first month in the role, highlighting that he joined ECR with established business associate Mike Whitlow who serves as the Chief Operating Officer.
The duo have been actively evaluating the company's portfolio of properties since joining in September, and Tulloch says that despite some choppiness in ECR Minerals' history they aim to revitalise the company's reputation and potential. Recent announcements hint at the company's strategic direction and Tulloch anticipates improved clarity in the coming months. Tulloch drew attention to recent promising signs across three distinct regions at the Lolworth Project in Queensland, saying that he sees "genuine bonafide exploration potential within that property." Further soil sampling is planned.
Tulloch emphasises the diverse range of opportunities ECR already possesses, dispelling notions of the company being a "one-trick pony." Tulloch stresses the importance of financial prudence while also underlining the company's growth-oriented nature.
Contact Details
Proactive UK Ltd
Proactive UK Ltd
+44 20 7989 0813
uk@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
ECR Minerals plc (ECR) is a United Kingdom-based mineral exploration and development company. The Company is primarily engaged in the identification, acquisition, exploration, and development of mineral projects. Its wholly owned subsidiary, Mercator Gold Australia Pty Ltd, has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, has six license applications outstanding, which includes one license application lodged in eastern Victoria (Tambo gold project). ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd (LUX), which has three approved exploration permits covering 946 square kilometers (km2) over a relatively unexplored area in Lolworth Range, Queensland, Australia. The Company has also submitted a license application at Kondaparinga, which is approximately 120 km2 in area and located within the Hodgkinson Gold Province, 80 km northwest of Mareeba, North Queensland. It also holds a 90% interest in the Danglay gold project.
ECR MINERALS PLC 
