ECR Minerals PLC (LON: ECR) has announced results from recent soil sampling undertaken within the Historic Reserve #3 at Bailieston in Victoria, Australia.
“I am delighted to announce further positive exploration news, this time from the implementation of a soil sampling programme utilising an innovative exploration methodology at HR3 that has revealed particularly high gold grades in soils and therefore identified a new target for drilling,” said ECR chief executive Craig Brown.
“The significance of these findings means we have now submitted a request for consent to undertake additional exploration drilling at the location, which is over and above initial planned drill holes in the area. As the momentum of our two rig drill programmes continues to build, additional findings such as those announced today further demonstrate the geological prospectivity of our licence areas.”
The soil sampling revealed high gold anomalies of up to 3.75 grams per tonne gold, along with spatially associated antimony which is thought to be from the mineral stibnite which forms a close association with gold mineralisation.
A total of 720 soil samples were taken across the central and eastern part of the Bailieston Historic Reserve # 3 between February and March 2021.
The samples were tested by portable X-ray fluorescence for anomalous pathfinder elements for gold and a selected sub-set of 229 samples have been sent for trace element analysis for gold, silver, and other metals.