ECR Minerals losses narrow; say key drill results coming
Source - SMW
ECR Minerals said its first-half losses narrowed as its continued to develop its gold prospects in Australia's Victoria state.
Pre-tax losses from continuing operations for the six months through March amounted to £247k, compared to £434k of losses on-year.
Results from drilling at the company's Blue Moon prospect had recently been recieved and an announcement was being prepared for release early next week, ECR said.
After assay results from the drilling at Blue Moon had been fully interpreted, planning could begin for the next phase of exploration in Victoria, it added.
At 2:05pm: (LON:ECR) ECR Minerals PLC share price was +0.03p at 0.65p