ECR Minerals plc is a mineral exploration and development company focused on gold projects in Australia
ECR Minerals plc (the “Company”) is a mineral exploration and development company incorporated in England & Wales. Exploration for gold in Australia is ECR’s current focus. For the latest updates, please see the Company's regulatory announcements.
ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd ("MGA") has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration projects in Central Victoria, Australia. A map of the Victorian licences can be viewed here.
In late 2018, MGA moved into another world-class Australian gold province, the Yilgarn in Western Australia, by applying for nine licences hosting untested gravity-magnetic anomalies representative of potential greenstone-hosted gold trends. This 1600sqkm package is referred to as the Windidda project.
MGA has accumulated tax losses estimated to total approximately AUD 66 million from its past trading, and these tax losses are expected to be available for offset against any taxable profits made in future.
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.