REG - ECR Minerals PLC - Appointment of Chris Gibbs as a Proposed Director

ECR MineralsAnnouncement

08/09/2025 07:00

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RNS Number : 3585Y  ECR Minerals PLC  08 September 2025

 

 

8 September 2025

 

ECR MINERALS PLC

 

("ECR Minerals", "ECR" or the "Company")

 

Appointment of Chris Gibbs as a Proposed Director

 

ECR Minerals plc (AIM: ECR), the gold exploration and development company
focused on Australia, is pleased to announce the proposed appointment of Chris
Gibbs as a non-executive director to the board of directors of ECR (the
"Board").  Pending his appointment and the conclusion of the necessary
regulatory approvals, Chris has been engaged as a consultant to the Company
with immediate effect to assist in the development of its projects,
specifically Blue Mountain and Lolworth.

 

HIGHLIGHTS

·      Former CEO of ASX listed American Rare Earths, when it advanced
its 2.63 billion tonne Halleck Creek rare earth project and substantially grew
its market capitalisation.

·      As a former Vice President and General Manager at Argonaut Gold,
Chris oversaw the development of the Magino Gold Project in Canada, now a
significant producer within Alamos Gold.

·      Held executive roles at large international mining companies,
including Centerra Gold and Barrick Gold.

·      Capital markets experience, including cornerstone investment for
American Rare Earths from Fidelity International.

 

BACKGROUND

Chris brings over 25 years of international mining executive experience,
spanning North America, Australia, Europe, Africa and South America. His
career includes executive positions with a number of large international
mining companies.

 

At American Rare Earths, he was instrumental in its transformation into a
development-ready US rare earths company, which substantially increased its
market value. At Argonaut Gold, he oversaw the Magino Gold Project from
feasibility through to construction and operations readiness. Earlier roles
with Centerra Gold, Barrick Gold and Placer Dome involved large-scale mine
development, operational turnarounds and cost transformation initiatives
across multiple jurisdictions.

 

Chris also serves as a Non-Executive Director of ASX-listed Godolphin
Resources Limited and is a Director of the Critical Minerals Institute. He
resides in Queensland, Australia, the state in which ECR's core Blue Mountain
and Lolworth Projects are located.

 

As part of his engagement, Chris has elected to take half of his remuneration
in ECR ordinary shares, joining the rest of the Board in being partly
remunerated through equity and aligning their interests closely with those of
ECR shareholders.

 

ECR Chairman Nick Tulloch commented: "We are delighted to welcome Chris Gibbs
to ECR as we advance our Australian gold projects towards production. His
experience at large mining companies, developing multi-million-dollar mining
projects speaks for itself and I have no doubt that his skillset will be a
significant asset to the Company. Chris's expertise in project execution and
his knowledge of capital markets will strengthen our team at a pivotal stage
in ECR's development.

 

"Investors will have observed several changes at ECR in the past two months.
As we prepare to graduate from exploration to potential production, through
Mike Parker and now Chris Gibbs, we are assembling a team not only with a
background in project development but also with prior experience in scaling
mining businesses.  As we look forward to an exciting period for ECR, we will
provide regular updates on our progress."

 

Mr. Gibbs' appointment to the Board is subject to approval from the Company's
Nominated Adviser after the customary director due diligence process to
satisfy itself as to Board composition and independence and the suitability of
a potential director for the purposes of the AIM Rules for Nominated Advisers.
A further announcement, including the requisite Schedule 2(g) disclosures
required under the AIM Rules for Companies, will be made in due course upon
Chris Gibbs' appointment to the Board.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

 ECR Minerals Plc                                                                                                                                                                                                                                   Tel: +44 (0) 20 8080 8176
 Nick Tulloch, Chairman                                                                                                                                                                                                                             info@ecrminerals.com (mailto:info@ecrminerals.com)

 Andrew Scott, Director

 Website: www.ecrminerals.com
 (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ecrminerals.com%2F&esheet=51817334&newsitemid=20180605005810&lan=en-US&anchor=www.ecrminerals.com&index=1&md5=820ad49dc1fc2c84a0538453c017bc1b)

 Allenby Capital Limited                                                                                                                                                                                                                            Tel: +44 (0) 3328 5656
 Nominated Adviser                                                                                                                                                                                                                                  info@allenbycapital.com (mailto:info@allenbycapital.com)

 Nick Naylor / Alex Brearley / Vivek Bhardwaj

 Axis Capital Markets Limited                                                                                                                                                                                                                       Tel: +44 (0) 203 026 0320
 Broker
 Lewis Jones

 SI Capital Ltd                                                                                                                                                                                                                                     Tel: +44 (0) 1483 413500
 Broker
 Nick Emerson

 Brand Communications                                                                                                                                                                                                                               Tel: +44 (0) 7976 431608
 Public & Investor Relations
 Alan Green

 

ABOUT ECR MINERALS PLC

 

ECR Minerals is a mineral exploration and development company. ECR's wholly
owned Australian subsidiary ECR Minerals (Australia) Pty Ltd ("ECR Australia")
has 100% ownership of the Bailieston and Creswick gold projects in central
Victoria, Australia, has six licence applications outstanding which includes
one licence application lodged in eastern Victoria (Tambo gold project).

 

ECR also owns 100% of an Australian subsidiary ECR Minerals (Queensland) Pty
Ltd which has three approved exploration permits covering 946 km(2) over a
relatively unexplored area in Lolworth Range, Queensland, Australia. The
Company has also submitted a license application at Kondaparinga which is
approximately 120km(2) in area and located within the Hodgkinson Gold
Province, 80km NW of Mareeba, North Queensland.

 

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), MGA 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 Australia also has approximately A$75 million of unutilised tax losses
incurred during previous operations.

 

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