ECR Minerals’ (LON: ECR) chief geologist Adam Jones gives an update following the release of the final bulk sampling results from the company’s reverse circulation drilling programme at the Kuboid Hill site in Creswick earlier this year.
Bulk sampling of drilled material highlighted high-grade pockets of gold within the broader scale mineralisation footprint. Jones also looks ahead to forthcoming plans in Queensland.
HIGHLIGHTS
· Five bulk samples upgrade initial Kuboid Hill drill results. Most significant is the upgrade from 1m @ 1.04 g/t Au to 1m @ 8.37 g/t Au
● Results expected shortly from photon assay pilot testing at Tambo Project
● Analysis underway for antimony in selected diamond core from Bailieston, Victoria
● Resumed field operations in Queensland at Lolworth Project, focusing on priority targets including Gorge Creek, Reedy Creek, and Butterfly Creek, with stream samples yielding up to 1395 ppm Au
● Additional test work at Blue Mountain, Queensland expected to commence within weeks.
● ECR is fully funded for its planned work programs in Victoria and Queensland in 2024.
Mike Whitlow Chief Operating Officer said: “These positive results from our bulk sampling campaign are highly encouraging, validating the significant potential value we see in our Creswick gold assets. The discovery of higher-grade gold pockets within a broader low-grade mineralisation halo at Kuboid Hill provides additional evidence that similar mineralisation styles may be present within the Creswick license area. The extent of our drilling programme, and the volume of bulk samples, took time both in preparation and also for laboratory results and, going forward we will also be utilising new techniques, such as photon assaying, to expedite the delivery of future results.”
Adam Jones Chief Geologist added: “ECR is now entering a busy period with several exploration programmes underway across our portfolio of projects. I look forward to reporting back on the results of our initial exploration programs at Tambo in Victoria and our re-analysis for antimony in Bailieston. My time will now be focused on our follow-up activities in Queensland and I am particularly excited about the commencement of exploration at our Blue Mountain project where historical work conducted by the previous operator presents compelling opportunities, especially for its alluvial gold potential. At Lolworth, our soil sampling will follow up last year’s discovery of gold samples with concentrations of up to 1395 ppm and, later in the season, we will undertake a sampling program for niobium and tantalum on the eastern side of the project area.”
