Focussed on near term cash flow from the Julius Gold Deposit located in the Yandal gold belt. Scoping study estimates $47m EBITDA (A$1600/oz) from Stages 1&2.
Echo Resources is an ASX listed, gold exploration business with a large and highly prospective ground position in the Eastern Goldfields of Western Australia.
The Company is focused on successfully developing the flagship Yandal Gold Project into production to deliver the company near term cash flow, while continuing exploration for million ounce gold ore-bodies within the extensive tenement package.Read more
“Further high grade results boost resource outlook for Julius deposit” Mr Simon Coxhell, Chief Executive Officer 16 Sept 2016
RECENT RESULTS WILL ALLOW AN UPDATED MINERAL RESOURCE ESTIMATE TO BE COMPLETED, CONVERTING A SIGNIFICANT PROPORTION OF EXISTING MINERAL RESOURCES FROM INDICATED TO MEASURED.
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