The SLM project is located in La Rioja Province, Argentina and is 100% held by ECR’s wholly owned subsidiary Ochre Mining SA.
In November 2015, Argentina elected a new president who is seen to be relatively pro-business, and the new administration quickly moved to liberalise currency controls and remove export taxes on mined products. In December 2016, a site visit and review by three ECR directors (including Ivor Jones, a professional geologist, who has since resigned from the board) enabled the announcement of exploration targets for the JV14 and El Abra prospects along with details of a proposed drilling programme.
A copy of a technical report prepared in January 2017 by Denny Jones Pty Ltd in respect of the SLM project can be downloaded here.
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|27 November 2015|