ECR Minerals PLC's Head Geologist, Adam Jones, discusses the commencement of fieldwork at Tambo, where the team is working in underground adits, mapping geological structures, and sampling rock chips containing gold and bismuth. The company is also expanding its focus beyond the Bailieston and Creswick gold projects, with campaigns across three projects and a possible fourth in the works. ASX listed First Au is drilling immediately to the west of Tambo and has reported good grades. The team will also travel to Blue Mountain and Lolworth for further exploration.
The company is well-positioned to clarify the promise of its resources through the remainder of the year, with updates expected from Creswick, Lolworth, Baillieston, and possibly Blue Mountain over the next few months. ECR Minerals PLC's share price has risen 20% since it set out a new strategy last autumn, and the company is described as "cashed up" for its upcoming projects.
The article also mentions a "mega news rich period" for ECR Minerals, highlighting the progress on the ground and the company's financial position. The company's focus on gold in Australia’s Victoria and Queensland regions is emphasized, with a strong emphasis on expanding its projects and potential for further exploration and development.
For more information, the full interview with Head Geologist Adam Jones can be accessed via the provided link, and the full article can be read through the link provided in the news release.