ECR Minerals plc – Victoria Exploration and Queensland Project Updates
May 24, 2023, 10:38 AM
ECR Minerals PLC (AIM: ECR) has announced a shift in its exploration activities towards North Queensland due to lukewarm results from its Victoria operations.
Andrew Haythorpe, CEO of ECR Minerals, expressed mixed feelings about the results from their drilling programs in Victoria. Despite finally obtaining assay results, he admitted they didn’t meet expectations. To mitigate such situations in future, the company will employ cost-effective preliminary work like soil geochemistry and mapping to evaluate prospects before any drilling takes place. This strategy will be applied to future explorations in both Queensland and Victoria.
https://www.share-talk.com/ecr-minerals-plc-victoria-exploration-and-queensland-project-updates/
Andrew Haythorpe, CEO of ECR Minerals, expressed mixed feelings about the results from their drilling programs in Victoria. Despite finally obtaining assay results, he admitted they didn’t meet expectations. To mitigate such situations in future, the company will employ cost-effective preliminary work like soil geochemistry and mapping to evaluate prospects before any drilling takes place. This strategy will be applied to future explorations in both Queensland and Victoria.
https://www.share-talk.com/ecr-minerals-plc-victoria-exploration-and-queensland-project-updates/