ECR is a mineral exploration and development company, incorporated in the UK.

ECR’s wholly owned Australian subsidiary Mercator Gold Australia (MGA) has agreed to acquire 100% ownership of the Avoca and Bailieston gold projects in Victoria, Australia. Mercator Gold Australia is estimated to have tax losses of approximately AUD 66M as at 30 June 2015, which may be available, subject to certain conditions (as described in ECR’s announcement dated 4 December 2014), to reduce MGA’s future taxable profits.

ECR has the right to earn a 50% interest in the Danglay epithermal gold project in the Philippines. Danglay is an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015, and is available for download from ECR’s website.

ECR’s wholly owned subsidiary Ochre Mining has a 100% interest in the SLM gold project in La Rioja Province, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near term production.

 

ECR shares are listed on the AIM market of the London Stock Exchange with the symbol ECR.

 

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

 

AIM: ECR
US OTC: MTGDY

London: 15 May 2012 - ECR Minerals plc is pleased to announce that Keith Donald Irons has been appointed Non-Executive Chairman of the Company with immediate effect. With the appointment of Mr Irons the role of Patrick Harford has reverted to that of Managing Director of ECR, also with immediate effect.

Mr Irons (age 70) is currently Chairman of Bridgecreek Resources Ltd, a private company developing onshore oil & gas interests in the USA (including New Mexico). He has a background in mineral economics and brings with him extensive experience of the minerals and energy industries gained through more than 40 years’ involvement, including 17 years as Chairman of Bankside Consultants Ltd, an independent financial public relations and investor relations consultancy, having founded the business in 1991. He previously held senior corporate roles with the Anglo American group (Minorco SA and Charter Consolidated), Blue Circle Industries, Rio Tinto, Amax/Roan Selection Trust and more recently in several junior companies.

Mr Irons is a Fellow of the Chartered Institute of Public Relations (1995).

Save for above and below and pursuant to Rule 17, Schedule Two (g) of the AIM Rules, the following information is disclosed in respect of Mr Irons.

Current appointments:

Southington Associates Ltd
Bridgecreek Resources Ltd

Appointments in previous 5 years:

CDS Oil & Gas Ltd
CDS Oil & Gas Group plc
Little Ship Club Ltd
Nusantara Energy plc

There is no other information regarding Mr Irons required to be disclosed under the AIM Rules.

 

Patrick Harford, Managing Director of ECR Minerals plc, comments:

"Keith Irons has a wealth of senior level experience in the mining and energy sectors with companies large and small. I am pleased to welcome him as Non-Executive Chairman of ECR and feel sure that he will make a strong contribution to the Company’s future development.”

 

About ECR Minerals plc

ECR is a mineral development company with interests in Argentina, the USA, Indonesia, Thailand and Australia.

 

For further information please contact:

ECR Minerals plc
Patrick Harford, Executive Chairman
Stephen Clayson, Director & Chief Financial Officer
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.
Daniel Stewart & Company plc
Paul Shackleton/Tessa Smith/David Hart Tel: +44 (0) 20 7776 6550
Old Park Lane Capital plc
Michael Parnes Tel: +44 (0) 20 7493 8188
Blythe Weigh Communications
Matthew Neal/Tim Blythe/Paul Weigh Tel: +44 (0)20 7138 3204