ECR Minerals

Financials:

Primary ticker: LON:ECR
Stage of development: Exploration, Development
Primary minerals: Gold
Project location: Victoria, Queensland, Australia
Website: ecrminerals.com

Corporate presentation: Click here

An exploration and development company focused on discovering the next million ounce gold resource in Australia

Debt: NIL

Major shareholders:

Barclays Direct Investing Nominees Limited – 11.29%
Interactive Investor Services Nominees Limited – 10.05%
Hargreaves Lansdown (Nominees) Limited – 9.82%
Interactive Investor Services Nominees Limited <Smktisas> – 8.88%
Interactive Investor Services Nominees Limited <Smktnoms> – 5.68%

Management Profile

Andrew Haythorpe – Chief Executive Officer
Andrew has more than 30 years of experience managing listed gold miners and explorers on the ASX and TSX as well as working as a mining analyst and actively exploring for gold as a geologist.

What is your rationale for taking part in 121 Mining Investment?

Broaden the investor reach and convey the growth potential of ECR Minerals and its gold projects in Australia.

What recent news would you like to highlight to investors attending?

14 September – Drilling Commences at Blue Moon Prospect, Bailieston, Victoria

29 July – Sale of Bendigo Property Raises A$950,000

What are your key goals in 3 months, 6 months, 12 months?

3 Months: 
Focus of work for current portfolio – Drilling in Victoria + sampling in Queensland

6 Months:
Focus of work for current portfolio – Assays from drilling and continued exploration in Victoria + Advancing work programs in Queensland


12 Months:
Significantly increase shareholder value over the next 12 months. Continued advancement of current portfolio of projects – results dependant – as well as assessing M+A opportunities.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Gold price and general market weakness. Working to expand investor engagement and understanding as to project fundamentals and upside.

What do you think makes your company such a compelling investment?

The opportunity to make a new million ounce discovery in favourable jurisdictions – Queensland and Victoria

What are the top 3 key investor takeaways?

1. The opportunity to make a new million ounce gold discovery in favourable jurisdictions – Queensland and Victoria

2. 100% ownership of projects provides strong value upside. Multiple transported gold occurrences with the source(s) yet to be discovered.

3. Management – extraction and commercial skills. The company is run by a team that knows what its looking for