LONDON (ShareCast) - (Sharecast News) - Precious metals exploration and development company ECR Minerals announced on Wednesday that drilling at the Black Cat gold prospect in the state of Victoria, Australia, had begun.
The AIM-traded firm said the first two holes had been successfully completed.

It said composite samples, representing four metre downhole lengths, would be compiled from the Black Cat drill cuttings and sent to be assayed for gold.

"After receipt of the assay results, composites which have returned anomalous gold grades will be re-sampled on a metre by metre basis and this second set of samples will be sent for assay," the board explained in its statement.

"Assay turnaround time is estimated to be two-to-six weeks."

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