ECR Minerals plc (the “Company”) is a mineral exploration and development company incorporated in England & Wales. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd has 100% ownership of the Avoca, Bailieston, Moormbool and Timor gold exploration licences in Central Victoria, Australia.

Exploration for gold in Victoria is ECR’s current focus. A map of the Victorian licences can be viewed here. For the latest updates, please see our regulatory announcements.

ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015.

ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.

ECR shares are listed on the AIM market of the London Stock Exchange with the symbol ECR.

The following information pertaining to the Bailieston gold project should be read in conjunction with the relevant ECR regulatory announcements

The Bailieston project is centred on epithermal ‘Carlin’ style disseminated or sheeted vein hosted gold mineralisation. This concept is premised on the exploitation of such a deposit immediately to the north of EL5433 by Perseverance Corporation in the mid-1990s, and geological evidence that the structure which hosts this deposit is repeated within the Bailieston project area.

The Fosterville gold mine, owned by Newmarket Gold (TSX: NMI), is located some 20km to the west of the Bailieston project, and is currently the largest producing gold mine in Victoria, which as a state has a rich and varied gold mining history going back to the nineteenth century. The Fosterville gold mine recently celebrated the production of its one millionth ounce of gold. The Costerfield gold-antimony mine, owned by Mandalay Resources (TSX: MND), is located some 30km southwest of the Bailieston project.