Ecr Minerals Share Discussion Threads

[piperpeter] 28/9/2018 12:59

Aren't some of the g/t gold grades quite high?

Pp.

[kcowe] 28/9/2018 12:00

very muted response from the market ... strange that

[barony] 28/9/2018 11:54

Lookin’ good on all fronts here!!

[excellance] 27/9/2018 14:50

Disappointing drilling results from Greatland gold today.

All eyes on ECR for the next big Oz gold discovery!

[pre] 26/9/2018 14:30

1.4 million buy gone through...low mkt cap..v. interesting

[recordz] 26/9/2018 07:23

15.41% of the float traded yesterday,if I worked it out correctly.
People saying it was hard to buy for most of the day, if that was the case, then why didn't they move it higher.

[piperpeter] 25/9/2018 16:02

I looks like 3 km of the DMS is within Licence No. 6184, with 4 km being to the South, within licence No. 6713.

Pp.

[excellance] 25/9/2018 15:49

and so am i

[piperpeter] 25/9/2018 15:48

I would highly recommend reading the acquisition of the Creswick Gold Project RNS April 20 2018.

Here's a snippet.

"Only two holes have been drilled to test the DMS within the Creswick licence, both in the 1990's. The results of this drilling included an intercept of 2m at 12.28 g/t gold".

I assume this is within licence No. 6184 which ECR currently hold.

The above quote goes on...."The best previous drill intercept into the DMS to the South of Creswick is 2m at 176 g/t gold".

Looking at the maps, it appears that licence No. 6713 (under application by ECR) is immediately to the South of licence No. 6184.

If you consider that the DMS is 15 km in length and ECR could be holding over 7 km of it, the Company could possibly be onto something sizable.

I would imagine Dr. Boucher is very excited about the prospects.

Pp.

[piperpeter] 25/9/2018 12:52

I don't believe they've spent much of the cash as stated March 31, that is £701,499 cash and cash equivalents.

They raised a further £650,000 two months ago with confirmation of enough cash to see the Company through, on existing operations, until Q3 2019. That's £1,351,499 total.

So it's possible there could still be over £1 million cash in the bank.

Cheap to drill is a very good point and you don't need too many drills to see the extent of gold present in a given area.

Could well be the beginning of something big.

Pp.

[excellance] 25/9/2018 11:45

they couldnt really have any debt since theyve got no income to manage it.

all finance has to come from either placing shares or farm in agreements that require giving up a percentage of the license.

it is encouraging that ECR have cash, and, that the new discovery will be cheap and easy to drill.

i suppose this discovery is now the main priority of the company since it offers a quick route to revenues and profit, probably just a couple of years away, and this could be a £500m company like SOLG.

my speculation and day dreaming obviously...but realistically this could be a lot lot higher.

[piperpeter] 25/9/2018 11:36

Of that £3.33 million a fair slice will be covered by cash.

The Company already had a fair level of cash at the point of the recent raising of £650,000. It now has enough to cover costs of operations through to Q3 2019.

And no debt!

Absolute bargain.

Pp.

[piperpeter] 25/9/2018 11:31

Agreed, Recordz.

At 0.975 pence share price = market cap £3.33 million.

341,962,283 shares in issue.

Pp.

[piperpeter] 25/9/2018 11:22

"The shale has been mapped and shown to run for over 7 km in EL's 6184 and 6713. The DMS continues 8 km to the South to form one third of the Ballarat Goldfield at the locality of Nerrina or Little Bendingo".

Pp.

[recordz] 25/9/2018 11:21

341,962,383 shares in issue.

[excellance] 25/9/2018 11:12

At 1p this has a mkt cap of just over £4m

[excellance] 25/9/2018 11:08

Yeah, it could be huge, and cheap to mine.

Just need to drill it and remove doubt.

[piperpeter] 25/9/2018 11:02

ECR's acreage holds over 7 kilometres of the DMS. This equals approximately 47% of the entire length of the shale.

Pp.

[excellance] 25/9/2018 10:49

7km of near surface gold, open at depth.

Cheap to dig out and plentiful, gold in abundance.

Infrastructure near

Great jurisdiction

[excellance] 25/9/2018 10:47

Sorry. Other boards outdated and cluttered...

New thread for a new beginning

[excellance] 25/9/2018 10:46

Nice rns today!

[excellance] 25/9/2018 10:45

21 October 2022 interview with AH


6 Sept 22 AJ blue moon, Lolworth chat


26 August 22 interview AH and AS


11 August 22 AJ interview on Blue Moon


9 August 22 AJ interview on HR3

Two mineralised corridors


8 July 22 proactive presentation


23 June Blythe interview with AH


8 June 22 AJ interview

Multiple high grade intercepts


1 June 2022 AH interview with AS


25 May interview with Adam


24 May interview AS & AH


4 May 22
HIGHLIGHTS:

Drillhole BH3DD022 has returned a result of 0.5m @ 12.74 g/t Au.
The Maori Reef is open for potential mineralisation further to the south-east of BH3DD022.

This intercept is supported by lower grades either side, making a total foot-wall to hanging-wall intersection of 3.5m @2.93 g/t Au.

27 April 22
ECR Minerals increases shareholding in Danglay Gold Project from 25% to 70%


22 April 2022
ECR Minerals has received the highest single assay result to date from the drilling at Bailieston with 0.2m @ 52.5 g/t Au from 126.3m depth in hole BH3DD027

11 April 2022
Appointment of Andrew Haythorpe as CEO of the Company. Andrew will join ECR as a non-board CEO prior to assuming the role of executive director, subject to approval, in six months' time.

31 March 22 final results
Exploration at Bailieston and Creswick Projects

An intensive drilling campaign began in January 2021 with the aim of fully exploring the Historic Reserve #3 (HR3) prospect, which includes the Byron, Dan Genders, Scoulars and Maori Reefs.
A total of eight drillholes were completed across parts of the HR3 goldfield by mid-2021. With initial first pass exploration completed at HR3,

... the drill rig was moved to test the nearby Cherry tree (HR4) prospect where drilling of ten diamond holes were completed by September 2021. Ultimately the drill results were disappointing, although we now have a full structural interpretation of the deposit.

It was the intention to move to the Blue Moon prospect located in the southern part of the Bailieston licence area once compensation arrangements were made to land owners.
(Following the year under review, in January 2022, permission was received to access the Blue Moon prospect to continue exploration).
The Company’s drill rig moved back to HR3 to follow up results from the initial first-pass drilling. Drilling is still continuing there into 2022 with a focus on the Maori, Hard-Up and Scoulers Reef systems. In addition to drilling, soil sampling has been completed over the central and eastern parts of the HR3 Goldfield along strike of the Scoulers Reef.

Following the end of the period under review, results were received in December 2021 that revealed four gold anomalies along the Scoulers and Dan Genders Reef lines, at the convergence with the Hard-Up Reef. This resulted in a proposed ‘dilational jog’ model. With further assays due, this is looking like an exciting discovery.

15 March 22 interview with Adam Jones.


2-3-22 HR3 encouraging grades at hole BH3DD019 four mineralised zones. Including
0.5m @ 9.5 g/t Au from 99.9m,
0.8m @ 4.96 g/t Au from 100.4m,
0.3m @ 4.59 g/t Au from 143.4m and
0.6m @ 6.15 g/t Au from 231.5m

11 Feb 22 PI interview with Adam Jones


11-2-22 Creswick update.
David Tang commented: “...I am pleased to report that these results show that Creswick, while complex in its geology and the nature of its mineralisation, has provided a solid platform of data that fully justifies our decision to progress Creswick and EL006184 to the next phase of exploration."


24-1-2022 Andrew Scott appointed non executive director
“We believe the doors that Andrew will open for us going forward will be invaluable to the board and to ECR on a corporate level.”

5-1-2022 Adam Jones Ah-ha moment interview


26-11-2021 progress report Phase two drilling Maori Reef.
1m @ 11 g/t Au. BH3DD009 was successful in drilling mineralisation between 47m and 56.7m depth and the best intersection was 0.7m @ 28.06 g/t Au from 52.7m depth.

1 November 21
The Directors of ECR regretfully inform investors that their CEO, Craig Brown, has unexpectedly passed away this weekend.

6-10-21 Block listing summary. Balance of warrants/options at end of period to Oct 6th

26,000,000 warrants at 1p
32,190,748 warrants at 2.1p
11,200,000 options at 1.125p
Also 45,454,545 warrants at 3.75p

9-4-2021
Placing of 90,909,091 new ordinary shares at a 2.2p per share to raise gross £2m, plus one warrant for every two Placing Shares (45,454,545 Warrants) will be issued by the Company exercisable at a price of 3.75p for a period of 24 months from the date of Admission to generate proceeds of approximately £1.7 million for the Company.

16-7-20
placing of 46,153,846 new ordinary shares at a Placing price of 1.3p per share for gross proceeds of £600,000 to will be used to support the ongoing activities of ECR, particularly in relation to its gold exploration projects in Victoria, Australia. The Placing, which was oversubscribed, was arranged by the Company’s broker SI Capital Ltd.

Placees will receive one warrant for each Placing Share exercisable to subscribe for a new ordinary share in ECR Minerals plc at a price of 2.1p for a period of 24 months from the date of Admission. If all the Warrants were to be exercised, this would generate proceeds of approximately £969,000 for the Company.

Blue moon April 2019
2 metres at 17.87 g/t gold within a zone of 15 metres at 3.81 g/t gold from 51 metres in BBM007;
3 metres at 3.88 g/t gold within a zone of 11 metres at 2.42 g/t gold from 169 metres in BBM0008

These are "apparent width" not "true width" so will be significantly narrower depending on the angle of dip.

Novum research note with detailed maps


Snowdons CPR AU9666 for Bailieston dated 2016

[piperpeter] 25/9/2018 10:43

If the DMS is 15 kilometres total in length and it runs for 7 kilometres through ECR's tenements, then ECR has control over 47% of the entire length.

That's a lot of shale!

Pp.