ECR Minerals plc provided the following preliminary update of its drilling programme at the Davey Road site in its Creswick tenement. Drilling was undertaken in December 2023. Seven successful holes were drilled and there is extensive evidence of anomalous gold with the best result being 23.39 g/t Au over 1 metre.

The best sample still has 4.7 g/t Au in the tailings of the initial results which is typical of coarse gold that ECR expects in this location. Around 30 additional bulk samples from the 20-30kg 'leftovers' from the preliminary drilling results have been concentrated in a dry blower. Panning of this material has consistently shown visible gold and these samples are being sent for laboratory testing.

Variation in the preliminary results indicates a likely dipping vein (i.e. the gold mineralisation is not in a vertical structure) but the further analysis being undertaken is expected to assist with the geological interpretation. The full results of this bulk sample testing are expected to be completed shortly. Alongside this, the second phase of the Company's drilling programme in Creswick (at Kuboid Hill) is ongoing and further announcements will be made in due course.