REG-ECR Minerals plc Update on Due Diligence <Origin Href="QuoteRef">ECRE.L</Origin>

ECR MineralsAnnouncement

20/02/2015 07:00

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LONDON--(Business Wire)--


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

AIM: ECR
US OTC: MTGDY 

UPDATE ON DUE DILIGENCE

LONDON: 20 FEBRUARY 2015 - ECR Minerals plc is pleased to advise that further to
the Company`s announcement dated 18 December 2014, due diligence in respect of
Mae Fah Mining Co., Ltd ("Mae Fah") and the Phang Nga lithium-tantalum-tin
project in Thailand is continuing, and a two week extension to the due diligence
period has been agreed. 

This extension is primarily to allow for the receipt and interpretation of assay
results from sampling carried out at Phang Nga in January 2015. The due
diligence period now expires on 2 March 2015. 

ABOUT ECR

ECR is a mineral exploration and development company with, among other
interests, the right to earn a 50% interest in the Itogon gold project in the
Philippines. Itogon is an advanced exploration project located in a gold and
copper mining district in the north of the Philippines. 

ECR has a 100% interest in the SLM gold project in La Rioja Province, Argentina,
the exploration strategy for which is to delineate multiple medium to high
grade, low tonnage deposits suitable for advancement to production on a
relatively low capital, near term basis. 

ECR continues to review potential new investments on a highly selective basis,
with a concentration on precious, base and strategic metals projects in Asia and
South America. 

FOR FURTHER INFORMATION PLEASE CONTACT: 
 
 ECR Minerals plc                            Tel: +44 (0)20 7929 1010  
 Paul Johnson, Non-Executive Chairman                                  
 Stephen Clayson, Director & CEO                                       
 Richard (Dick) Watts, Technical Director                              
                                                                       
 Email: info@ecrminerals.com                                           
 Website: www.ecrminerals.com                                          
                                                                       
 Cairn Financial Advisers LLP                Tel: +44 (0)207 148 7900  
 Nominated Adviser                                                     
 Jo Turner/Emma Earl                                                   
                                                                       
 Daniel Stewart & Company plc                Tel: +44 (0)20 7776 6550  
 Broker                                                                
 Colin Rowbury                                                         
                                                                       
 
 
FORWARD LOOKING STATEMENTS

This announcement may include forward looking statements. Such statements may be
subject to a number of known and unknown risks, uncertainties and other factors
that could cause actual results or events to differ materially from current
expectations. There can be no assurance that such statements will prove to be
accurate and therefore actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward looking statements. Any forward looking statements
contained herein speak only as of the date hereof (unless stated otherwise) and,
except as may be required by applicable laws or regulations (including the AIM
Rules for Companies), the Company disclaims any obligation to update or modify
such forward looking statements as a result of new information, future events or
for any other reason. 
 
ECR Minerals plc 

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