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

 

Audited Financial Statements for Year Ended 30 September 2014
and Notice of Annual General Meeting

 

LONDON: LONDON: 5 MARCH 2015 - ECR Minerals plc is pleased to announce its audited financial statements for the year ended 30 September 2014. The information presented below has been extracted from the Company’s Annual Report and Accounts 2014.

Copies of the Annual Report and Accounts 2014 together with a notice of annual general meeting will be posted to shareholders on 6 March 2015 and will be available from that date on the Company’s website www.ecrminerals.com and from the Company’s registered office at 2nd Floor, Peek House, 20 Eastcheap, London EC3M 1EB. The text of the notice of annual general meeting is provided below.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Richard (Dick) Watts, Technical Director  

ECR Minerals plc  Tel: +44 (0)20 7929 1010
Paul Johnson, Non-Executive Chairman    
Stephen Clayson, Director & Chief Executive Officer    
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
Website: www.ecrminerals.com    
     
     
Cairn Financial Advisers LLP  Tel:  +44 (0)20 7148 7900
Nominated Adviser    
Jo Turner/Emma Earl    
     
Daniel Stewart & Company plc  Tel:  +44 (0)20 7776 6550
Broker    
Colin Rowbury    

To read the full announcement please click here