ECR Minerals (ECR)

Sector:

Mining

Index:

FTSE AIM All-Share

0.27p
   
  • Change Today:
    -0.010p
  • 52 Week High: 0.55
  • 52 Week Low: 0.20
  • Currency: UK Pounds
  • Shares Issued: 1,839.75m
  • Volume: 12,820,741
  • Market Cap: £4.88m
  • Beta: 0.05

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ECR Minerals begins gold exploration at Henry's Hill

By Josh White

Date: Wednesday 14 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Precious metals exploration and development company ECR Minerals announced the start of gold exploration at Henry's Hill, within its Avoca gold project, on Wednesday.
The AIM-traded firm said that previously, its geologists had taken seven rock chip samples from the roadside reserve at Henry's Hill.

It explained that the samples were taken approximately five metres from each other at various intervals across shallow pits on the roadside reserve, with all seven samples independently tested by Onsite Laboratory Services.

Three of those samples returned 5.1 grams per tonne, 1.4 grams per tonne, and 1.3 grams per tonne of gold.

ECR said it had secured land access permission from the landowner, and would commence soil geochemistry and field mapping "imminently".

The soil geochemistry would be undertaken in an attempt to locate the loci of the mineralised shoots.

In addition, the company said the work would examine the potential for mineralisation to extend under cover to the east, and the potential continuation of mineralisation to the west.

Geological mapping conducted in conjunction with the soil geochemistry would attempt to better define the controls on the shoots, the board explained.

"The ECR team are excited to feed Henry's Hill at the Avoca gold project, into the pipeline of projects under exploration in Victoria," said ECR Minerals chief executive officer Craig Brown.

"The Avoca Gold Project is one of five projects held by ECR in the Victorian Goldfields region, with four projects at Avoca, Bailieston, Creswick and Timor now the subject of active exploration or project development operational activity.

"We are delighted to be highly active in the Victoria Goldfields region, at a time when the area is attracting considerable interest from larger companies and investors."

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ECR Minerals Market Data

Currency UK Pounds
Share Price 0.27p
Change Today -0.010p
% Change -3.64 %
52 Week High 0.55
52 Week Low 0.20
Volume 12,820,741
Shares Issued 1,839.75m
Market Cap £4.88m
Beta 0.05

ECR Minerals Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.24% below the market average23.24% below the market average23.24% below the market average23.24% below the market average23.24% below the market average
26.87% above the sector average26.87% above the sector average26.87% above the sector average26.87% above the sector average26.87% above the sector average
Price Trend
44.16% below the market average44.16% below the market average44.16% below the market average44.16% below the market average44.16% below the market average
28.28% below the sector average28.28% below the sector average28.28% below the sector average28.28% below the sector average28.28% below the sector average
Income Not Available
Growth Not Available

ECR Minerals Dividends

No dividends found

Trades for 02-May-2024

Time Volume / Share Price
16:05 284 @ 0.26p
16:03 239,629 @ 0.26p
16:01 206,800 @ 0.26p
15:30 182,857 @ 0.26p
15:06 193,655 @ 0.26p

ECR Minerals Key Personnel

Chair Nick Tulloch
COO Mike Whitlow

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