ECR Minerals plc has three major project areas operating within the historically rich goldfields of Victoria, Australia.

All Victorian operations are operated by the Company’s wholly-owned subsidiary, Mercator Gold Australia Pty. Ltd (“MGA”). A total of 708km2 of exploration ground is currently held in Victoria across these three strategic locations.

 The Victorian projects cover a range of gold deposit styles. The Creswick Project is located within the Ballarat-Bendigo gold zone of Western Victoria which is historically known for the vast amounts of alluvial and hard rock gold recovered during the gold rushes of the 19th Century.

The Bailieston Project is located in the geological Melbourne Zone of Central Victoria, which is not only known for its gold endowment, but also for antimony mineralisation. Given the surge in interest in Antimony and in light of the companies headline 32% Sb best grade, the board of directors are exploring new opportunity to exploit the asset.

The Tambo project is located in the far eastern side of Victoria where gold and base metal deposits are known. In late 2024 ECR Minerals conducted a diamond drilling campaign these results mark yet another positive step forward in the exploration of the Duke of Cornwall prospect. While DOCD003 provides valuable geological insights into the location of the shear zone, DOCD004 has confirmed gold continuity within the Main Lode and highlights the potential for additional undiscovered veins within the system. I’m highly encouraged by how the best findings from DOCD002 0.4 metres @ 8.51 g/t Au) and DOCD004  0.15 metres @ 10.6 g/t Au.

The gold is believed to be enriched in high grade pockets known as a shoot. The expression of the shoot at the surface level is emphasised by the presence of gold values in small clusters in the soil.

The spread of alluvial gold throughout the creeks within the project show the potential of multiple shoots to exist along strike of each mineralised corridor. ECR’s exploration technique is to define the surface location of multiple shoot locations with follow-up deposit evaluation by drilling.

There is over 9km of strike length to explore within each of the three mineralised corridors.

The Bailieston project contains the historical prospects known as HR3 (Byron-Maori), HR4 (Cherry Tree), Blue Moon, Black Cat and Pontngs, with all of those having a modest historical production
history. The area has also seen more recent production where around 20,000 ozs of gold were mined in the Bailieston Open Pit and around 110,000 ozs at the Nagambie Mine by Perseverance Corporation Ltd. in the 1990s. Current mining for antimony and gold is taking place 50km to the west of the Bailieston tenements at the Costerfield Mine by Mandalay Resources.

ECR’s latest exploration campaigns have focussed on drilling the Maori Anticline at HR3 and the Blue Moon prospect. Some of the best results include 4m @ 9.01 g/t Au (BH3DD043) from HR3 and 6.35m @ 4.56 g/t Au (BBMDD010) from Blue Moon.

The increasing world interest in antimony resources supports the Bailieston region as a desirable mineral field for new discoveries.