REG - ECR Minerals PLC - Directorate change

ECR MineralsAnnouncement

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RNS Number : 4469T  ECR Minerals PLC  01 August 2025

 

 

1 August 2025

 

ECR MINERALS PLC

 

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

 

Directorate change

 

ECR Minerals plc (LON: ECR), the gold exploration and development company
focused on Australia, announces that Mike Whitlow has stepped down as Managing
Director, effective immediately, to focus on his other business commitments.

While Mr Whitlow will no longer serve on the board of directors of ECR, he
will continue to support ECR as a consultant, ensuring a seamless transition
and providing ongoing strategic guidance.

 

During his tenure, Mr Whitlow played a key role in revitalising the Company's
investor relations programme, successfully leading three fundraising efforts,
and overseeing several drilling campaigns, most recently at the Blue Mountain
project in Queensland, Australia (the "Blue Mountain Project"). With the Blue
Mountain Project advancing towards potential commercial production and,
subject to further sampling and testing across the project area, the Blue
Mountain Project is expected to be ECR's first revenue-generating asset. Mr
Whitlow's continued involvement with the Company will be invaluable as ECR
integrates new projects into its portfolio of operations.

As ECR expands its operations, the Company plans to strengthen its management
team with additional experienced professionals in the coming months.

Nick Tulloch, Chairman of ECR, commented: ''I extend my heartfelt thanks to
Mike Whitlow for his transformative contributions, first as Chief Operating
Officer and later as Managing Director. Since joining in September 2023, Mike
has been instrumental in turning ECR around from a challenging position to a
company with a robust portfolio of high-potential natural resource
opportunities, particularly at the Blue Mountain Project. His leadership in
revitalising our investor relations has been pivotal, and we're delighted that
he will continue to support us, both in a consulting capacity and as a
significant shareholder."

 

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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