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.

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

London: 31 DECEMBER 2009



Trading Update and Interim Results (unaudited)

For the 12 months to 30 June 2009

The Company is pleased to provide a trading update and unaudited interim results for the period to 30 June 2009 and announce that it is in the process of changing its group reporting date to 30 September. The group audited results for the period of 15 months to 30 September 2009 will be released by 28 February 2010.

The Board provides the following project updates and trading results.