leadf
logo-loader
viewECR Minerals PLC

ECR Minerals chief says new gold projects “have a lot to offer”

Stephen Clayson, chief executive of ECR Minerals’ (LON:ECR), says it is looking to benefit alongside Currawong Resources after its subsidiary bought two gold projects in Australia.

Snowden consultants are currently preparing a JORC technical report on the Avoca and Bailieston projects in Victoria, and ECR hopes it could generate near term revenue from processing historic dumps at one of them.

“Both areas I think have got a lot to offer and that’s evident from the amount of activity both past and present,” Clayson says.

Quick facts: ECR Minerals PLC

Price: 3.535 GBX

AIM:ECR
Market: AIM
Market Cap: £24.51 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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 ECR Minerals PLC named herein, including the promotion by the Company of ECR Minerals PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Mining Capital's Alastair Ford charts continued strength in gold price

Mining Capital's Alastair Ford addresses suggestions gold could be heading towards a new high of $2000/oz. ''I think that's quite an ambitious target to be setting at this point ... the next breakout number $1525/oz and thereafter the chartists will look for something like $1560/oz''. ''If...

on 08/16/2019

2 min read