logo-loader

ECR Minerals lines up drilling programme across multiple target areas

Published: 18:54 20 Feb 2018 AEDT

gold bars
ECR's ground is highly prospective for gold

Following the appointment of Dr Rodney Boucher to lead on-ground exploration activities in Victoria, Australia, ECR Minerals PLC (LON:ECR) is to drill multiple gold targets.

Dr Boucher has extensive exploration experience in the region, and has now visited most of the known prospects and carried out geological mapping in key zones. A programme of geochemical sampling at the higher priority prospects is already underway, and this will help define drill targets.

READ: ECR Minerals identifies 15 high priority targets from geophysical data of four exploration licences in Central Victoria, Australia

Drilling will take place in the first half of 2018 is being planned and will include the HR3 area and the Blue Moon and Black Cat prospects within the Bailieston licence; the Monte Christo and Bung Bong prospects within the Avoca licence; and the magnetic anomaly within the Moormbool licence.

Drilling in each area is subject to satisfactory results from the geochemical surveys which began this month, and receipt of all necessary government and landowner consents.

READ: ECR Minerals details gold exploration plans for Victoria assets

All required consents have already been obtained for drilling in the HR3 area and at the Black Cat prospect within the Bailieston licence.

ECR will announce the final composition of the drilling programme and the intended start date after the planning has been finalised.

 

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

3 hours, 38 minutes ago