ECR Minerals (AIM: ECR), a mineral exploration and development company focused on gold in Australia’s Victoria and Queensland regions, continues to expand its focus beyond the Bailieston and Creswick gold projects with which it has long been associated. Cashed up, and with campaigns across three projects, with a possible fourth in the works.
The video features an update from Adam Jones, chief geologist at ECR Minerals, on-site at Tambo in Victoria, Australia.
Adam discusses the 2024 exploration campaign, highlighting the project’s unexplored potential, historical rock chips with high gold grades, and significant underground adits that allow for thorough geological assessment.
The current campaign focuses on reconnaissance, rock chip sampling, mapping adits for 3D models, stream sampling, and soil sampling to identify new targets. Additionally, the region shows potential for bismuth alongside gold, adding further value to the exploration efforts.
Here are the key points from the video:
- Introduction: Adam Jones, chief geologist at ECR Minerals, is on site at Tambo in Victoria, Australia.
- Project Recap: Historical rock chips have shown gold grades up to 22 grams per ton. The project is largely unexplored.
- Significance of Adits: The historical adits provide access to underground material, allowing for detailed geological assessments and rock chip sampling.
- Current Campaign: The focus is on reconnaissance, rock chip sampling, mapping adits for 3D models, stream sampling, and soil sampling along mineralization strikes.
- Bismuth Potential: The area shows potential for bismuth alongside gold, with previous samples indicating up to nearly a kilogram of bismuth.
- Geochemical Analysis: High arsenic levels in rock chips serve as a pathfinder for gold, aiding in the identification of new targets.
- Neighbouring Exploration: First Au, a nearby ASX-listed company, has seen promising results from their diamond drilling program, suggesting a highly prospective area.
- Local Knowledge: Engaging with local knowledge and understanding historical mining limitations are crucial for current exploration.
These points summarize the main activities and goals of the current exploration campaign at the Tambo site
