REG-ECR Minerals plc AGM Statement

ECR MineralsAnnouncement

25/04/2022 12:15

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AGM Statement

 

ECR MINERALS plc

(“ECR Minerals”, “ECR” or the “Company”)

Result of AGM

At the AGM held earlier today all resolutions were duly approved.

In addition, at the meeting the Company provided an update on the delivery of
the second drill rig which the Company had confirmed it had purchased in the
announcement on the 27(th) July 2021. The Directors confirmed there were
delays in delivery from China due to high shipping costs and availability, but
the Directors expect to have it on site and in use by the end of the summer.

Adam Jones, leading Geologist for ECR’s Victorian projects stated “The use
of the second multi-purpose drill rig will be crucial for follow up drilling
at projects such as Creswick. We can quickly switch between RC drilling (for
bulk-samples and grade) and diamond core (for confirmation of structures) as
needed.”

FOR FURTHER INFORMATION, PLEASE CONTACT:
 ECR Minerals plc                                                                                                                                                                                                                                        Tel: +44 (0) 20 7929 1010      
 David Tang, Non-Executive Chairman                                                                                                                                                                                                                                                     
 
                                                                                                                                                                                                                                                                                      
 Andrew Haythorpe, CEO                                                                                                                                                                                                                                                                  
                                                                                                                                                                                                                                                                                        
 Email:                                                                                                                                                                                                                                                                                 
 
                                                                                                                                                                                                                                                                                      
 info@ecrminerals.com (mailto:info@ecrminerals.com)                                                                                                                                                                                                                                     
 Website: www.ecrminerals.com                                                                                                                                                                                                                                                           
 (https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ecrminerals.com%2F&esheet=52696373&newsitemid=20220425005512&lan=en-US&anchor=www.ecrminerals.com&index=1&md5=5566cccf66245ad87e207b22bc7fd6af)                                                                  
                                                                                                                                                                                                                                                                                        
 WH Ireland Ltd                                                                                                                                                                                                                                          Tel: +44 (0) 207 220 1666      
 Nominated Adviser                                                                                                                                                                                                                                                                      
 
                                                                                                                                                                                                                                                                                      
 Katy Mitchell / Andrew de Andrade                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                        
 SI Capital Ltd                                                                                                                                                                                                                                          Tel: +44 (0) 1483 413500       
 Broker                                                                                                                                                                                                                                                                                 
 Nick Emerson                                                                                                                                                                                                                                                                           
                                                                                                                                                                                                                                                                                        
 Novum Securities Limited                                                                                                                                                                                                                                Tel: +44 (0) 20 7399 9425      
 Broker                                                                                                                                                                                                                                                                                 
 
                                                                                                                                                                                                                                                                                      
 Jon Belliss                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                        
 Blytheweigh                                                                                                                                                                                                                                             Tel: +44 (0) 207 138 3204      
 Public Relations                                                                                                                                                                                                                                                                       
 Tim Blythe                                                                                                                                                                                                                                                                             
 
                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                        


ABOUT ECR MINERALS PLC

ECR Minerals is a mineral exploration and development company. ECR’s wholly
owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) has
100% ownership of the Bailieston and Creswick gold projects in central
Victoria, Australia, has eight licence applications outstanding including two
licence applications lodged in eastern Victoria. (Tambo gold project). MGA is
currently drilling at both the Bailieston (EL5433) and Creswick (EL6148)
projects and has an experienced exploration team with significant local
knowledge in the Victoria Goldfields and wider region.

https://mercatorgold.com.au/
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fmercatorgold.com.au%2F&esheet=52696373&newsitemid=20220425005512&lan=en-US&anchor=https%3A%2F%2Fmercatorgold.com.au%2F&index=2&md5=1af8e7675242f3ff2d71f15f66624c8a)

ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd
(“LUX”) which has three licence applications covering 900 km2 covering a
relatively unexplored area in Queensland, Australia.

https://luxexploration.com/
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fluxexploration.com%2F&esheet=52696373&newsitemid=20220425005512&lan=en-US&anchor=https%3A%2F%2Fluxexploration.com%2F&index=3&md5=5e2ca877421fd5a530aef0ba53285174)

Following the sale of the Avoca, Moormbool and Timor gold projects in
Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the
subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd
(TSX-V: LVX), Mercator Gold Australia Pty Limited has the right to receive up
to A$2 million in payments subject to future resource estimation or production
from projects sold to Fosterville South Exploration Limited.

ECR holds a 25% interest in the Danglay gold project; an advanced exploration
project located in a prolific gold and copper mining district in the north of
the Philippines, which has a 43-101 compliant resource. ECR also holds a
royalty on the SLM gold project in La Rioja Province, Argentina and can
potentially receive up to US$2.7 million in aggregate across all licences.



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ECR Minerals plc


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