Echo Resources Limited

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EAR

AU000000EAR9

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2019	Northern Star Resources Limited completed the acquisition of remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others.	CI
2019	Echo Resources Limited(ASX:EAR) dropped from S&P/ASX Emerging Companies Index	CI

Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project in Western Australia

October 15, 2019 at 09:58 pm EDT

Echo Resources Limited provided an exploration update for the Yandal Gold Project (`Project') in Western Australia. In early July Echo commenced a program of air core (AC) and reverse circulation (RC) drilling with a multipurpose AC/RC drilling rig. Following the most recent exploration update of drilling completed up to 12 September 2019, drilling continued and was completed on the 4 October with 3,620 metres of AC and 1,091m of RC completed for a total of 4,711m of drilling. All AC and RC drilling from the designed program is now complete with the multipurpose AC/RC drilling rig demobilising from site. Additional assay results from AC and RC drilling have been received from Corboys, Thompsons Well, Golden Fox and Mamba prospects since the most recent update. Corboys: A 12,715m drilling program comprising both RC and diamond drilling continued with 1,091m of RC drilling completed since 13 September 2019. The RC portion of the designed drilling program is now. The structure zones that host the mineralisation have been intersected in the majority of the holes drilled in the latest program. Assay results have been received from the remaining 15 holes since the last exploration update. Highlights from this drill program include: 1m @ 4.90g/t Au from 137m (EARRCD0012), 2m @ 16.30g/t Au from 94m; including 1m @ 31.50g/t Au from 94m (EARRCD0013) and 1m @ 4.51g/t Au from 113m (EARRCD0013). The Thompsons Well project comprises 13 tenements that abut the Bronzewing mining lease (M36/263) on all sides except the south. An AC program of 3,265m was drilled across all 13 tenements to test a mix of geochemical anomalies, structural targets interpreted from magnetics and to confirm interpreted geology under transported cover. The Golden Fox prospect is located 20km south of Bronzewing where an additional three drill holes for 355 of AC drilling were completed. The drill holes were designed to verify and extend the known mineralisation in the Golden Fox area. The Bills Find project is located 50km north of Bronzewing where two holes for 213m of RC drilling were completed. The holes were designed to verify and test mineralisation along strike from the historically mined open pit. The Mamba prospect is located 50km north of Bronzewing and 4km west of Bills Find. Drilling was reported in the previous announcement, with no new drilling completed.

Latest news about Echo Resources Limited

Northern Star Resources Limited completed the acquisition of remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others.	19-11-10	CI
Echo Resources Limited(ASX:EAR) dropped from S&P/ASX Emerging Companies Index	19-11-04	CI
Echo Resources Limited Announces the Cessation of Timothy Marcus Stephen Hanlon as Director	19-10-16	CI
Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project in Western Australia	19-10-15	CI
Echo Resources Limited Announces Management Changes	19-10-15	CI
Metaliko Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-09-13	CI
Northern Star Resources Limited entered into a bid implementation agreement to acquire remaining 78.3% stake in Echo Resources Limited from Alistair Cowden, Anthony McIntosh, Mark Hanlon, Victor Rajasooriar and others for approximately AUD 180 million.	19-08-26	CI
Echo Resources Limited Provides Exploration Update for the Yandal Gold Project in Western Australia	19-08-25	CI
Echo Resources Limited Announces the Appointment of Alistair Cowden as Director Effective from 1 August 2019	19-08-04	CI
Echo Resources Limited Announces the Cessation of Barry Bolitho as Director	19-08-01	CI
Echo Resources Limited Announces Executive Changes	19-07-31	CI
Echo Resources Limited Provides an Exploration Update for the Yandal Gold Project	19-07-10	CI
Echo Resources Limited Provides an Updated Mineral Resource Estimate for the 70% Owned Mt Joel Project	19-06-24	CI
Echo Resources Limited Announces Exploration Growth Strategy of Yandal Gold Project	19-04-28	CI
Echo Resources Limited Provides Update in Relation to the Revised Bankable Feasibility Study	19-03-26	CI
Echo Resources Limited Announces Unaudited Consolidated Earnings Results for the Half Year Ended December 31, 2018	19-03-14	CI
Echo Resources Limited Executes Native Title Agreement with Tarlka Matuwa Piarku (Aboriginal Corporation)	19-03-13	CI
Echo Resources Limited Receives Mining Approval from the West Australian Department of Mines, Industry Regulation and Safety	19-03-04	CI
Echo Resources Limited Announces Outstanding Drilling Results At the Mt Joel Gold Project	19-02-06	CI
Echo Resources Limited Announces Appointment of Richard Hill as Chief Financial Officer	19-01-23	CI
Echo Resources Limited Announces Latest Results from Air Core Drilling at Mt Joel Gold District Within the Yandal Gold Project	18-12-20	CI
Echo Resources Limited Announces Management Changes	18-12-17	CI
Echo Resources Limited announced that it has received AUD 4 million in funding from MACA Limited, Northern Star Resources Limited	18-12-16	CI
Echo Resources Limited announced that it expects to receive AUD 4 million in funding from MACA Limited, Northern Star Resources Limited	18-12-05	CI
Echo Resources Limited Announces Exploration Results at the Mt Joel	18-11-29	CI

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Company Profile

Echo Resources Limited is an Australia-based company engaged in exploration for mineral resources. The Company is focused on Gold in the Yandal Belt region of Western Australia. The Yandal Gold Project is located in the northern part of the Eastern Goldfields, and hosts the Julius Gold Project, as well as a range of prospective targets. The Company holds approximately 915 square kilometers tenement package across the Yandal Gold Province. The Julius Gold Project is located approximately 450 kilometers north of Kalgoorlie and over 70 kilometers east of Wiluna. The Zaphod Prospect is located within the southern part of the tenement package and within approximately 10 kilometers of multi-million ounce Gold deposits. The Company has also identified a range of regional targets at the Yandal Project. The regional prospects include Tipperary, Wimbledon, Bill's Find, Orpheus and Shady Well.

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