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: 7 MARCH 2016 - ECR Minerals plc is pleased to announce its audited financial statements for the year ended 30 September 2015.  The information presented below has been extracted from the Company’s Annual Report and Accounts 2015.

Copies of the Annual Report and Accounts 2015 together with a notice of annual general meeting will be posted to shareholders on 8 March 2016 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:

ECR Minerals plc    
William (Bill) Howell, Non-Executive Chairman Tel: +44 (0)20 7929 1010
Stephen Clayson, Director & CEO    
Richard (Dick) Watts, Technical Director    
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
Website: www.ecrminerals.com    
     
Cairn Financial Advisers LLP    
Nominated Adviser Tel: +44 (0)20 7148 7900
Emma Earl/Jo Turner    
     
     
Vicarage Capital Ltd    
Broker Tel: +44 (0)20 3651 2910
Rupert Williams/Jeremy Woodgate    
     
Blytheweigh     
Public Relations  Tel:   +44 (0)20 7138 3204
Tim Blythe/Camila Horsfall    
     
     
     

 

To read the full announcement please click here