{"id":12147,"date":"2023-05-22T12:40:26","date_gmt":"2023-05-22T16:40:26","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/ecr-mineral-share-drop-on-disappointing-drilling-results\/"},"modified":"2023-05-22T12:40:27","modified_gmt":"2023-05-22T16:40:27","slug":"ecr-mineral-share-drop-on-disappointing-drilling-results","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=12147","title":{"rendered":"ECR Mineral Share Drop On Disappointing Drilling Results"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230522-701130\" role=\"document\">\n<p>By Christian Moess Laursen<\/p>\n<pre><\/pre>\n<p>Shares in ECR Minerals fell on Monday after the company said results from drilling in Bailieston, Victoria, was worse than thought, and that it has halted its exploration in Creswick, Victoria.<\/p>\n<p>At 0804 GMT, shares are down 0.10 pence, or 19.1%, at 0.43 pence.<\/p>\n<div class=\"paywall\">\n<p>The mining company said that due to downgraded potential of an immediate commercial discovery, the drill rig in Bailieston was moved to Creswick.<\/p>\n<p>However, the company has halted the exploration drilling program in Creswick for the remainder of this year due to a lack of demand in global markets for long-term investment into junior gold exploration, the company said.<\/p>\n<pre><\/pre>\n<p>Write to Christian Moess Laursen at christian.moess@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/ecr-mineral-share-drop-on-disappointing-drilling-results-eff7c8a6?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Christian Moess Laursen Shares in ECR Minerals fell on Monday after the company said results from drilling in Bailieston, Victoria, was worse than thought, and that it has halted its exploration in Creswick, Victoria. At 0804 GMT, shares are down 0.10 pence, or 19.1%, at 0.43 pence. The mining company said that due to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-12147","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ECR Mineral Share Drop On Disappointing Drilling Results | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Christian Moess Laursen Shares in ECR Minerals fell on Monday after the company said results from drilling in Bailieston, Victoria, was worse than\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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