ECR Minerals PLC (LON: ECR) chairman Nick Tulloch caught up with director Andrew Scott following the release earlier in the week of additional results from the company’s drilling programme at the Kuboid Hill site in its Creswick tenement.
The drilling campaign demonstrated quartz/gold mineralisation continuity in the Creswick area with results having the hallmarks of a potential future small-scale operation.
The program at Kuboid Hill is the first time that ECR has demonstrated that broad-scale quartz/gold mineralisation exists in the Creswick area. Tulloch says the results from bulk samples are expected to be released shortly as well as plans for the company’s 2024 work programmes in Victoria and Queensland.
Key points from the interview include:
- The recent drilling campaign at Creswick’s Kuboid Hill has demonstrated quartz/gold mineralization continuity, which is a significant finding in an area known for narrow veins and nuggety gold.
- The results suggest a broader mineralization structure than previously thought, a notable shift from the traditionally narrow structures in the region.
- An example cited by Tulloch is a large open-cut mining pit near their tenement, hinting at the potential scale of mining operations in the area.
- Results from bulk samples at Creswick and nearby Davy Road are particularly promising, with Davy Road showing results as high as 41 grams per ton after bulk sampling.
- The recent capital raise has provided funding for short-term work programs, including drilling at the Tambo project.
- ECR Minerals’ 2024 work program will focus on both Victoria and Queensland, refining and finalizing the plans for detailed exploration and mining activities.
This summary covers the main aspects of the interview, highlighting the significant findings at Creswick and the future plans of ECR Minerals.
