At the Tambo and Lolworth projects, initial drilling and rock sampling has revealed promising gold indicators. These findings will inform more detailed exploration in 2025.
Plans are advancing for a sustainable gold recovery operation at Blue Mountain, leveraging gravity circuits to minimize environmental impact. The project may reach production readiness in early 2025, providing ECR with near-term revenue potential.
ECR signed an exclusivity agreement with a party interested in acquiring its tax losses, a step that could secure significant capital for ongoing and future exploration.