Update on Itogon Gold Project

ECR MINERALS plc
(“ECR Minerals”, “ECR” or the “Company”)

AIM: ECR

US OTC: MTGDY

LONDON: 26 JUNE 2014 - ECR Minerals plc is pleased to provide the following update on activities at the Itogon gold project, Philippines.

HIGHLIGHTS

• ECR to carry out second phase of drilling at Itogon project following positive results of initial phase announced 29 May 2014; highlights included a mineralised interval (apparent width) of 18m at 17.14 g/t gold from surface (inc. 2m at 119.53 g/t gold)

   

• Planning for second phase of drilling now underway utilising 3D modelling of first phase results

   

• Other exploration activities ongoing during June and July 2014 include surface and underground channel sampling, the main objective of which is to confirm extensions of the epithermal gold mineralisation in the main prospect area at Itogon along strike and laterally

   

  Stephen Clayson, Chief Executive Officer of ECR, commented:

   

  “As planning of the next phase of drilling for the Itogon project takes place other exploration activities are continuing and will generate valuable additional data.  The next phase of drilling, like the activities now taking place, will be designed to continue our evaluation of the project’s economic potential in a cost effective manner.”

   

  Summary of June/July 2014 Exploration Activities - Itogon Gold Project

   

• Continued detailed geological mapping of main prospect area, at surface and underground

   

• Channel sampling and trenching focused primarily on confirming extensions of the mineralisation at surface in the main prospect area at Itogon both laterally and to the southeast of the most southeasterly first phase ECR drill holes; more than one hundred samples have been sent to an accredited independent laboratory for analysis, with assay results expected in July 2014

   

• Underground channel sampling within small scale workings

   

• Dewatering of an adit at the southeastern end of the main prospect area to allow access for mapping and sampling

   

• Profile surveying to generate data for ECR’s digital elevation model of the main prospect area

   

• First pass mapping and sampling of a separate area of quartz veining and small scale underground workings identified to the west of the main prospect area

   

  A map showing the extent of surface channel sampling and trenching by ECR at the Itogon project as of 20 June 2014 may be viewed here:

  http://www.ecrminerals.com/images/stories/project/Itogon/channel-sampling-and-trenching-asof20June2014.jpg

   

ABOUT ECR

ECR is a mineral exploration and development company with, among other interests, the right to earn a 50% interest in the Itogon gold project in the Philippines.  Itogon is an advanced exploration project located in a gold and copper mining district on the island of Luzon in the north of the Philippines.