30th Dec 2025 11:25
ECR Minerals PLC - Australia-focused gold exploration and development company - Completes AUD1.0 million, around USD677,624, of Raglan Resources Pty Ltd. Notes Raglan is the owner of Licence ML 3665 which is a fully-permitted and "turnkey alluvial gold mining project". Adds that it will look to start production in the new year, now that the acquisition has completed, permitting is in place and all the key equipment is on site. Expects revenues can be generated in the nearer-term, and says the project is planning to provide a stepping stone to assist with operations at the company's larger Blue Mountain project. Read More