REG-ECR Minerals plc Directorate change

ECR MineralsAnnouncement

01/11/2021 07:00

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Directorate change

 

1 November 2021

ECR MINERALS plc

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

Board Update

The Directors of ECR regretfully inform investors that their CEO, Craig Brown,
has unexpectedly passed away this weekend. At this time it is intended that a
committee of current directors David Tang, Trevor Davenport and Adam Jones
will continue to run the Company and ensure that the drilling programs already
outlined to the market continue on timetable.

David Tang, Chairman, commented "Craig was a good CEO and a great friend and
his loss will be felt by many. Our thoughts are with his family at this
difficult time."

FOR FURTHER INFORMATION, PLEASE CONTACT:
 ECR Minerals plc                                                                                                                                                                                                                                        Tel: +44 (0) 20 7929 1010      
 David Tang, Non-Executive Chairman                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                                                        
 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=52518706&newsitemid=20211101005300&lan=en-US&anchor=www.ecrminerals.com&index=1&md5=1e6053ec0cd621bf9c8eb4f8a0b6d734)                                                                  
                                                                                                                                                                                                                                                                                        
 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, and has eight licence applications outstanding including
two licence applications lodged in eastern Victoria (Tambo gold project). MGA
is currently drilling at both the Bailieston and Creswick 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=52518706&newsitemid=20211101005300&lan=en-US&anchor=https%3A%2F%2Fmercatorgold.com.au%2F&index=2&md5=714886904077fd90cb932d871a50d43f)

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=52518706&newsitemid=20211101005300&lan=en-US&anchor=https%3A%2F%2Fluxexploration.com%2F&index=3&md5=a56ce1294b4648fda67eee1458fa3479)

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 has earned 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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