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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

Market: AIM
Market Cap: £24.51 m

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on 08/16/2019

2 min read