REG-ECR Minerals plc Investor Presentation and Strategic Update

ECR MineralsAnnouncement

06/07/2022 07:15

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Investor Presentation and Strategic Update

 

ECR MINERALS plc

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

Investor Presentation and Strategic Update

The Company confirms that its board of directors will be attending the
Proactive One2One Investor Forum this evening in London.

At the event, CEO Andrew Haythorpe will be discussing the Company’s
exploration activities for its assets in Australia (as set out in the
Company’s announcements). Andrew will also outline an updated strategic plan
with a series of action points for the year ahead. These include:


 * The highly prospective Blue Moon prospect at the Bailieston gold project, plus
the Maori Reef system at HR3.

 * Creswick gold project summary.

 * The gold potential of its 100%-owned licenses at Lolworth Range, Queensland,
Australia and plans for boots on the ground in 2022.

 * A potential disposal of some of the Company’s non-core assets; and

 * The Company remains focussed on delivering the next multi-million ounce
discovery.

Commenting CEO Andrew Haythorpe said; “Having undergone a significant
transition during the first part of 2022, ECR Minerals is now at an exciting
and pivotal stage in its evolution as a gold exploration company. Your board
is confident that by actioning the disposals and strategy outlined above, we
can streamline the business and ensure we have the resources in place to
deliver on our objectives.”

“I look forward to updating our shareholders this evening as well as in the
coming months, as we progress our drilling and exploration activities.”

Additional Disclaimer

Whilst the strategy outlined above includes a potential disposal this strategy
is speculative in nature and there can be no guarantee that any disposal will
occur. In addition whilst the potential disposals outlined above are
considered by the Directors to be disposals of non-core assets they may,
depending on any future negotiated terms, be considered a fundamental disposal
of the Company pursuant to AIM Rule 15 of the AIM Rules for Companies. That
being the case, any such disposal would be conditional on shareholder
approval. Further updates will be provided in due course as appropriate.

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=52771711&newsitemid=20220705005804&lan=en-US&anchor=www.ecrminerals.com&index=1&md5=7b5945b16ec0abf855c2580c5ba9dff3)                                                              
                                                                                                                                                                                                                                                                                    
 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                                                                                                                                                                                                                                                                        
                                                                                                                                                                                                                                                                                    
 BlytheRay                                                                                                                                                                                                                                               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=52771711&newsitemid=20220705005804&lan=en-US&anchor=https%3A%2F%2Fmercatorgold.com.au%2F&index=2&md5=ff48191b2be73cef2e502a1e50c51c9e)

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=52771711&newsitemid=20220705005804&lan=en-US&anchor=https%3A%2F%2Fluxexploration.com%2F&index=3&md5=1f68e5aaf21459019657a8f17001cc6d)

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 70% 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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