ECR Minerals Chairman Nick Tulloch joins StockBox to discuss the company’s strategic acquisition of the Raglan Gold Project in Queensland, Australia.
With existing infrastructure, a mining license, and proximity to ECR’s flagship Blue Mountain project, Raglan offers a rare turnkey opportunity to fast-track gold production.
Tulloch explains the reasoning behind the recent £650,000 fundraise, addresses shareholder concerns, and outlines the company’s clear shift from exploration to revenue-generating production.
- Turnkey Gold Opportunity: Raglan offers near-immediate production with existing infrastructure, a mining license, and equipment making it a strategic, ready-to-go asset close to ECR’s Blue Mountain site.
- Quick Fundraise for Acquisition: ECR raised £650,000 to secure the deal, acknowledging shareholder dilution but emphasising the long-term value and speed of execution.
- Path to Production: The company is shifting from exploration to production, with Raglan accelerating timelines and creating synergies with Blue Mountain. More news is expected soon across several projects.
