ECR Minerals (ECR)

Sector:

Mining

Index:

FTSE AIM All-Share

0.27p
   
  • Change Today:
      0.028p
  • 52 Week High: 0.43
  • 52 Week Low: 0.20
  • Currency: UK Pounds
  • Shares Issued: 1,904.01m
  • Volume: 108,468,068
  • Market Cap: £5.14m

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ECR Minerals shares jump on promising drill results from Creswick sample

By Benjamin Chiou

Date: Monday 12 Feb 2024

LONDON (ShareCast) - (Sharecast News) - ECR Minerals saw shares surged on Monday after the Australia-focused gold miner reported "promising" results from bulk sample testing at the Davey Road site of its Creswick asset
The company said that testing indicated both greater prevalence and higher grades of gold, with a significant increase in gold grades overall with the best result now 41.03g per tonne over one metre. Several other significant results included 10.26 g/t Au, 8.46 g/t Au and 6.22 g/t Au.

Sample results also showed contiguous gold over multiple metres, ECR said - notably 4.4 g/t Au average over three metres in hole 1 which was between 36 - 39 metres depth.

"These results at Davey Road are very promising indeed," said ECR's managing direct Nick Tulloch.

"As we anticipated, bulk sample analysis has provided far greater clarity on the prospect as well as indicating contiguous gold over multiple metres in depth. The higher grades now being indicated support our view that Creswick has the potential to become a very significant asset for our company."

This phase of drilling was completed on time and on budget with the second phase of drilling at Creswick's Kuboid Hill site now underway.

The stock was up 15% at 0.28p by midday GMT.

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ECR Minerals Market Data

Currency UK Pounds
Share Price 0.27p
Change Today 0.028p
% Change 11.34 %
52 Week High 0.43
52 Week Low 0.20
Volume 108,468,068
Shares Issued 1,904.01m
Market Cap £5.14m

ECR Minerals Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.87% below the market average25.87% below the market average25.87% below the market average25.87% below the market average25.87% below the market average
8.66% below the sector average8.66% below the sector average8.66% below the sector average8.66% below the sector average8.66% below the sector average
Price Trend
33.61% below the market average33.61% below the market average33.61% below the market average33.61% below the market average33.61% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Income Not Available
Growth Not Available

ECR Minerals Dividends

No dividends found

Trades for 08-Oct-2024

Time Volume / Share Price
15:32 3,000,000 @ 0.28p
16:27 544,967 @ 0.28p
16:26 1,000,000 @ 0.28p
16:24 2,500,000 @ 0.28p
16:25 500,000 @ 0.28p

ECR Minerals Key Personnel

Chair Nick Tulloch
COO Mike Whitlow

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