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 promotes non-exec Adam Jones to technical director

By Josh White

Date: Tuesday 31 May 2022

LONDON (ShareCast) - (Sharecast News) - Australia-focussed gold explorer and developer ECR Minerals announced on Tuesday that non-executive director Adam Jones would become an executive director with immediate effect in the new role of technical director of exploration across its portfolio of projects.
The AIM-traded firm said Jones holds a Bachelor of Science degree from Ballarat University, and First Class Honours from Adelaide University.

He has more than 12 years of experience as a professional geologist in Australia, including "significant" experience and knowledge of regional gold exploration and production.

ECR said Jones is a member of the Australian Institute of Geoscientists (AIG), and has worked as an independent consulting geologist since 2015.

His clients have included the A1 gold mine, Dart Mining, Nagambie Resources in Victoria, and Vendetta Mining in Queensland.

"Adam has been a key member of the ECR team since the day he joined, and I am delighted that he is now assuming an executive director role," said chairman David Tang.

"I know he impressed our CEO on his recent trip to Victoria, and, looking forward, the company will now benefit from his guidance and input on a higher strategic level."

Adam Jones is a director of, and has provided consultancy services to, ECR's Australian subsidiary Mercator Gold Australia since April 2018, and had been involved in the supervision of drilling programmes and undertaken geochemical and rock chip sampling and geological mapping campaigns.

The company said he had "considerable experience" in geological interpretation, geotechnical and fault modelling, geological mapping and sampling, turbidite sequence-structural interpretations, wireframing and 3D modelling using Vulcan Software.

Jones would assume technical responsibilities for all of ECR's projects, including the Lolworth Range project in North Queensland owned by ECR's wholly-owned subsidiary LUX Exploration.

He lives in Victoria, close to ECR's Bailieston and Creswick gold projects.

"My decision to join ECR was very much influenced by the manner in which Adam has managed the company's ongoing drilling campaigns in Victoria as well as the skillset and vision demonstrated in his assessment and acquisition of the Lolworth Range project," said chief executive officer Andrew Haythorpe.

"My recent trip served to confirm my early impressions, and I very much look forward to working closely with him and benefitting from his expertise as we develop our asset portfolio."

At 1122 BST, shares in ECR Minerals were down 5.76% at 1.04p.

Reporting by Josh White at Sharecast.com.

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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
19.1% below the market average19.1% below the market average19.1% below the market average19.1% below the market average19.1% 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
46.2% below the market average46.2% below the market average46.2% below the market average46.2% below the market average46.2% below the market average
35.17% below the sector average35.17% below the sector average35.17% below the sector average35.17% below the sector average35.17% 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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