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ECR Minerals secures up to A$3M in funding for Creswick from Bold Gold joint venture, which could enhance exploration capabilities.

Aug 17, 2026about 4 hours ago
MiningPrecious MetalsMineral

Description

ECR Minerals has formed a joint venture with Bold Gold to potentially raise up to A$3 million for the Creswick Gold Project. This agreement allows Bold Gold to earn up to an 80% interest in Creswick through staged funding commitments. The arrangement aims to relieve financial pressure on ECR while accelerating exploration efforts. ECR retains an interest in the project and seeks to focus resources on other Australian gold assets.

Company Information

Company

ECR Minerals

About

ECR is a mineral exploration and development company listed on AIM, with a strategic objective to deliver the next multi-million ounce gold resource in Australia. ECR’s wholly owned Australian subsidiary Mercator Gold Australia (“MGA”) has 100% ownership of two gold exploration projects, the Bailieston and Creswick projects, in Central Victoria, Australia.

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