ECR Minerals #ECR – Update on Royalty of up to A$2 Million over Victoria gold projects
ECR Minerals plc (AIM: ECR), the gold exploration and development company focused on Australia, notes that Leviathan Metals Corp. has entered into an agreement to sell its Timor Gold project in Victoria, Australia to Au Gold Corp. (TSX: AUGC). As part of this sale, ECR has consented to an assignment of the royalty interest that […]
ECR Minerals #ECR – Unaudited half-yearly financial results for six months ending 31 March 2021 & Update
LONDON: 29 JUNE 2021 – ECR Minerals plc, the gold exploration and development company, is pleased to announce unaudited half-yearly financial results for the six months ending 31 March 2021 for the Company as consolidated with its subsidiaries (the “Group”), along with a review of significant developments during the period and subsequently. HIGHLIGHTS Victoria, Australia […]
The rise and fall – or should we say, fall and rise – of the gold market in 2021
by Hannah Howes Gold investment demand fell early this year, largely attributed to outflows in gold-backed ETFs as growing expectations of higher interest rates influenced investor attitude, according to the most recent World Gold Council (WGC) report (Gold outlook for 2021 positive, despite uncertainty – World Gold Council (miningweekly.com). When analysing this trend more closely, […]
Money Guide interview ECR Minerals #ECR CEO Craig Brown
ECR Minerals #ECR CEO Craig Brown is interviewed by Money Guide. In the interview Craig discusses: ECR now owns its own diamond drilling rig that can drill as deep as 1300 metres. Tambo Gold Project, easy access, low costs. Principal geologist and Bruthen local boy Dr Rod Boucher is currently out conducting fieldwork There are […]
USD28tn COVID bill keeps the Gold bull case intact for ECR Minerals #ECR and the new Victoria Gold rush.
In October 2020 IMF economic counselor *Gita Gopinath described coronavirus as the worst crisis since the Great Depression, adding that the pandemic would leave deep and enduring scars from job losses, weaker investment and children being deprived of education. In its flagship world economic outlook, the IMF said stronger than expected Q2 and Q3 performances […]
ECR Minerals’ Craig Brown updates Andrew Scott at Proactive on talks with potential partners for key gold assets in Australia
ECR Minerals PLC’s (LON:ECR) Craig Brown tells Proactive London’s Andrew Scott they’re in active discussions with potential partners on its Bailieston and Creswick projects in Victoria, Australia. ECR’s recently sold licences comprising the Avoca, Moormbool and Timor gold exploration projects in Victoria, Australia to Fosterville South Exploration Ltd for a total potential cash consideration of […]
ECR Minerals #ECR – Unaudited Half-Yearly Results for the Six Months Ended 31 March 2020
ECR Minerals plc, the gold exploration and development company, is pleased to announce unaudited half-yearly financial results for the six months to 31 March 2020 for the Company as consolidated with its subsidiaries (the “Group”), along with a review of significant developments during the period and subsequently. HIGHLIGHTS Victoria, Australia continues to enjoy a gold […]
Monetary Stimulus = Currency Devaluation = Increasing Gold Demand
As the world starts to emerge from the first wave of the COVID-19 crisis, the implications for the unprecedented monetary stimulus measures employed by Governments around the globe to support citizens in lockdown are becoming ever clearer. As stock markets roar back from the coronavirus-led rout, advisers to the world’s wealthy are urging them to […]
ECR Minerals #ECR – Sale of Exploration Licences for total potential cash consideration of up to A$2.5 million
ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to announce the sale by ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) of the licences comprising the Avoca, Moormbool and Timor gold exploration projects (the “Licences”) in Victoria, Australia to Fosterville South Exploration Ltd (“Fosterville […]
Junior Gold Explorers Continue to Shine Amid Global Market Volatility
The year 2020 has already delivered what HM Queen Elizabeth would refer to in her end of year speech as an Annus Horribilis. It is still only April 2020, and Covid-19 continues to wreak almost biblical levels of havoc and human tragedy across the globe. In our previous article on junior gold explorers, we stated […]