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30 Jun, 2020 16:19 30 Jun, 2020 16:19

Erris Resources to resume fieldwork at Loch Tay

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Europe-focussed mineral exploration company Erris Resources announced on Tuesday that it will resume fieldwork at the Loch Tay gold project in Scotland, starting in July.

The AIM-traded firm said work would resume at the expanded Lead Trial prospect, where it recently said it had sampled high-grade gold in boulders and subcrop.

GreenOre Gold and Erris Resources had also agreed to extend the option period by 98 days, due to lost time caused by the Covid-19 restrictions.

“We are pleased to be resuming fieldwork at the Loch Tay Project to follow up on the encouraging initial results and assess the project for economic potential,” said chief executive officer David Hall.

“As we hope to put the Covid-19 crisis behind us, local investment and a domestic and responsible supply of minerals have never been so important.

“Erris Resources hopes that it can add to the value of the new Scottish gold industry in the years ahead.”

At 1528 BST, shares in Erris Resources were down 0.33% at 6.08p.

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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.