REG - ECR Minerals PLC - Appointment of Mike Parker as Consultant Geologist

ECR MineralsAnnouncement

07/10/2024 07:00

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RNS Number : 0857H  ECR Minerals PLC  07 October 2024

ECR MINERALS plc

 

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

 

Appointment of Mike Parker as Consultant Geologist

 

ECR Minerals plc (LON: ECR), the exploration and development company focused
on gold in Australia, is pleased to announce it has appointed Mike Parker as a
consultant geologist to the Company.

 

Mike has extensive experience in exploration and project development,
overseeing projects from discovery through construction to production. In the
UK, he is best known for his 22 year tenure at First Quantum Minerals (FQM)
where he held progressively senior country manager positions, and was
instrumental in two major copper discoveries: the Lonshi and Frontier
mines. He was country manager in the Democratic Republic of Congo (DRC) for
FQM, overseeing up to 3,000 staff with 2 operating copper mines and a mine
construction project. Between 2011 to 2017, he was country manager for FQM in
Peru, responsible for the design and implementation of FQM's corporate
strategy in Latin America, including Argentina and Chile. He oversaw community
relations programs and sustainability processes, ensuring that projects
complemented community development in remote areas including preparations for
resettlement programs. He was responsible for all government relations and
communications throughout Latin America.

 

He is currently COO and Director of Aftermath Silver Ltd, a pure-silver
exploration play in Chile and Peru and listed in Canada, and Executive
Director Solis Minerals, a critical minerals explorer, focused on South
America, with a dual listing in Canada and Australia. At Aftermath Silver, his
focus is on the Berenguela deposit with battery metal potential and he leads
Solis Minerals' copper exploration programmes.

 

Mike is a fellow of the Australasian Institute of Mining and Metallurgy
(FAusIMM) and member of the Institute of Mining Engineers of Peru (IIMP) and
holds a BSc Mining Geology (Honours), University of Leicester.

 

Nick Tulloch chairman said: "I am delighted to welcome Mike to ECR.  His
experience and track record in project development speaks for itself and, as
our Company advances the development of our assets in Australia, we will
benefit from his expertise and knowledge to support our operations.  In line
with our current policy on aligning senior members of our team with our
shareholders, Mike will also receive part of his remuneration in ECR
shares."

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

 ECR Minerals Plc                                                                                                                                                                                                                                                     Tel: +44 (0) 1738 317 693
 Nick Tulloch, Chairman

 Andrew Scott, Director

 Email:

 info@ecrminerals.com
 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

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 Broker
 Ben Tadd / Lewis Jones

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 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 Mercator Gold Australia Pty Ltd ("MGA") 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 LUX Exploration Pty Ltd ("LUX")
which has three approved exploration permits covering 946 km2 over a
relatively unexplored area in Lolworth Range, Queensland, Australia. The
Company has also submitted a license application at Kondaparinga which is
approximately 120km2 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 also holds a royalty on the SLM
gold project in La Rioja Province, Argentina.

 

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

 

 

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