Proposed Acquisition of Placer Gold Pty Limited

Today ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia is pleased to announce it has today entered into a Binding Term Sheet pursuant to which it has been granted a conditional option to acquire the entire issued share capital of Placer Gold Pty Limited

Bonnie spoke to Andrew today and here is the list of questions that are covered in the interview:

  • Exciting news of a conditional acquisition this morning – could you start by providing some background to the asset

  • Considering the exploration work that’s been done to date – what excites you most about the potential for Hurricane?

  • Do you believe you’ve agreed with attractive terms for the deal?

  • You have a 12-month conditional option on the project – so what’s the work programme looking like over the next year?

  • You’ve also had some very positive and exciting news in the last few weeks on your other projects further south in Victoria – where does this new asset leave them and are they still a priority?