- ECR Minerals
- 23 December 2025 14:46:30
Source: Sharecast
At Raglan, the company is working towards first alluvial gold production, after signing a deal to acquire the project and mining lease, along with wash plant, camp and mobile fleet – completion of which is expected before the end of 2025.
At Blue Mountain, ECR is progressing towards early-stage production, building on visible gold, expanding mineable corridors and further wash-plant trials.
Meanwhile, maiden drilling at the Lolworth project has confirmed multiple shallow gold and silver intercepts, while talks with Bold Gold about a proposed joint venture at the Creswick project are progressing.
"2025 has been a pivotal year for ECR," said chair Nick Tulloch. "Together, we consider that these milestones place ECR in its strongest operational position in recent years."
He added: "We believe that the year ahead will see ECR evolve from a pure explorer into a company with nearer-term production and cashflow potential, supported by two complementary alluvial projects and substantial tax losses that enhance early economics. We enter 2026 with alignment, momentum and a clear plan to deliver a step-change year for the business."
Shares were up 8.6% at 0.28p by 1439 GMT.