ECR is a mineral exploration and development company, incorporated in the UK.

ECR’s wholly owned Australian subsidiary Mercator Gold Australia (MGA) has agreed to acquire 100% ownership of the Avoca and Bailieston gold projects in Victoria, Australia. Mercator Gold Australia is estimated to have tax losses of approximately AUD 66M as at 30 June 2015, which may be available, subject to certain conditions (as described in ECR’s announcement dated 4 December 2014), to reduce MGA’s future taxable profits.

ECR has the right to earn a 50% interest in the Danglay epithermal gold project in the Philippines. Danglay is 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, and is available for download from ECR’s website.

ECR’s wholly owned subsidiary Ochre Mining has a 100% interest in the SLM gold project in La Rioja Province, 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.

(“Mercator Gold”, “Mercator” or “the Company”)




LONDON: 28 FEBRUARY 2005 - The Directors of Mercator Gold plc (AIM: MCR), the UK based gold exploration company, are pleased to announce its results for the nine months ended 30 November 2004.


  • Admission to AIM on 8 October 2004
  • Annean Joint Venture – drilling commenced at Yaloginda
  • Geophysical program commenced at Meekatharra on target

Post 30 November 2004

  • Initial drilling of Bluebird, one of the three resource extension targets bring drilled in the Yaloginda region near Meekatharra, intersects high-grade gold.
  • High-grade gold mineralization intersected at Surprise, the second of three targets being drilled in the Yaloginda region near Meekatharra.
  • Additional £1.25 million funding raised
  • Ocean Equities Ltd appointed as joint broker


Commenting on the results, Patrick Harford, Managing Director of Mercator said:

“The last nine months have been highly significant for Mercator Gold. Our decision to list on AIM in October followed by the rapid delineation of high-grade gold at Bluebird and Surprise has earned us continued support from the market and allowed us to raise an additional £1.25 million in funding. We are now well placed to explore the potential of our significant Meekatharra gold properties and look forward to generating shareholder value in the period ahead.”


For further information please contact:

Mercator Gold plc    
Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
Beaumont Cornish Limited    
Roland Cornish Tel: + 44 (0) 20 7628 3396
Phillip Securities UK Limited    
Nick Bealer Tel: +44 (0) 20 7553 8281
Parkgreen Communications    
Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713

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