Warm Springs Renewable Energy Corporation

Proposed Solar Power Development in New Mexico

Warm Springs Renewable Energy Corporation (WSREC), in which ECR has a 90% interest, was formed to pursue an opportunity to develop a solar power plant in New Mexico, USA in conjunction with the proposed restart of the Copper Flat mine being developed by THEMAC Resources Group Ltd, a company in which ECR has a substantial interest. WSREC is no longer actively pursuing this opportunity, but the conceptual work undertaken so far may allow activities to be resumed in future.