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ERIS.LGB00BFN4GY99GBXLondon Stock Exchange
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Erris Resources (ERIS LN) 5.5p, Mkt Cap £1.7m – 2018 results and exploration update European focussed exploration company, Erris Resources has reported a 2018 loss of €1.1m (2017 loss - €0.5m). The result reflects, in part, a €0.3m impairment charge against exploration projects as well as increased administrative expenses of €0.7m (2017 - €0.2m). The company’s cash balance at 31st December 2018 amounted to approximately €2.4m and “In line with current market conditions, the Company has been reducing its costs across all areas.” In a review of the year’s activities the company points to “significant work”, including surface and underground drilling at its Abbeytown zinc-lead-silver-copper project in Ireland where follow up work has included soil sampling work on “a new target area near the Ox Mountains Fault” and metallurgical test work. Looking forward to future work at Abbeytown, “In line with our strategy focused on accelerating resource delineation and development, we are now focused on evaluating alternatives to advance the project. This could be through a joint venture or industry partnership or further drilling to further expand the footprint of the project”. Elsewhere, the company continues to work with TSX listed Centerra Gold on Scandinavian projects where, “In addition to ongoing work in Sweden, the strategic alliance will now focus its efforts on two areas in Finland: the Laivakangas district in Central Finland; and the Central Lapland Greenstone belt in Northern Finland”. Commenting on the future outlook for the company in what he characterised as a challenging market for junior exploration companies, Non-Executive Chairman, Jeremy Martin, pointed to the company’s “strong cash position and team with a proven track record of discovery and value creation” and said that “we have already demonstrated the potential of Abbeytown, and we are now reviewing other projects that fit our investment criteria in low-risk jurisdictions internationally. With the right strategy we believe that significant value can be created for shareholders.” Conclusion: Erris Resources is part of a resurgence of mineral exploration in Ireland where amongst others, Arkle Resources* (ARK LN) (formerly Connemara Mining) is actively exploring for zinc and for gold. We look forward to news on the progress of exploration at Abbeytown. *SP Angel is Nomad and Joint-Broker to Arkle Resources formerly Connemara Mining
Erris Resources Plc (ERIS.L) Announced, in its final audited results for the year ended 31 December 2018, that the revenue rose to €0.165 million from €0.112 million posted in the same period preceding year. The company's loss before tax stood at €1.10 million, compared to loss of €0.557 million reported in the previous year. The basic loss per share stood at 3.54c compared to loss per share of 2.65c reported in the previous year. The company's cash and equivalents stood at €2.37 million.
Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden and Finland, is pleased to announce its final audited results for the year ended 31 December 2018.. ·Significant work undertaken at Abbeytown zinc-lead-silver-copper project in Northwest Ireland,...
Erris Resources Plc (ERIS.L) Announced, in its results from soil sampling carried out at the Abbeytown Project ('Abbeytown' or 'the Project') in County Sligo, Ireland, that positive results from 527 closely spaced soil samples define new targets south of the Abbeytown mine and three new targets identified up to 1.25km southwest of the Abbeytown mine as well as coincident zinc, silver and lead soil anomalies identified on trend south of mineralisation intersected in surface drilling giving possible strike extensions to mineralisation intersected in surface hole ERAB005 and maximum value of 10.65ppm silver (Ag), 1,585 ppm lead (Pb) and 2,530ppm zinc (Zn) returned from one soil sample near the Ox Mountains Fault.
RNS Number: 9467 T Erris Resources PLC 26 March 2019 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. With the publication of this announcement, this information is now considered to be in the public domain..
Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden and Finland, was informed today that City Financial Investment Company Limited no longer has an interest in the Company's issued share capital.. Supported by Canadian mining majors, Osisko Gold...
Erris Resources Plc (ERIS.L) Announced, in its Abbeytown Metallurgical results, that study indicated that production of a good quality, saleable concentrate can be achieved by using a standard flotation process. The flotation rougher test work indicated that good results could be achieved over a broad range of primary grind sizes, even as coarse as 80% passing 212ìm
RNS Number: 6659 S Erris Resources PLC 13 March 2019 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. With the publication of this announcement, this information is now considered to be in the public domain..
Erris Resources (ERIS.L) 5.75p �1.75m Erris Resources, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden and Finland, provided an operational and corporate update on its activities, including a change to its board of directors. Underground and surface drilling at the Abbeytown Project in Q4 2018 demonstrated that mineralisation extends 375 metres south from the old underground workings to ERAB005, the most southerly hole drilled by Erris Soil sampling programme completed in Feb 2019 to identify new targets and demonstrate that this mineralisation corridor has the potential to extend 900 metres to the Ox Mountains fault south of Abbeytown Metallurgical test work ongoing on samples taken from Abbeytown underground drilling Preliminary prospecting of geophysical targets underway on the new Galway Project licences As part of the Centerra funded programme in Finland, several targets are under review, with a number of Reservation Permit applications already submitted Maintaining a disciplined approach to expenditure and well-funded for 2019 Identifying and reviewing new opportunities that show synergies and the potential to add value to the Erris portfolio
Erris Resources Plc (ERIS.L) Announced, in its operational update, that the underground and surface drilling at the Abbeytown Project in Q4 2018 demonstrated that mineralisation extends 375 metres south from the old underground workings to ERAB005, the most southerly hole drilled by the company. Soil sampling programme was completed in February 2019 to identify new targets and demonstrated that this mineralisation corridor has the potential to extend 900 metres to the Ox Mountains fault south of Abbeytown. A metallurgical study involving a bench flotation test and a bond mill test on material collected from the Abbeytown mine is also being undertaken by Wardell Armstrong. Separately, the company announced that Andrew Partington has agreed to step down from his position as NonExecutive Director effective from 28 February 2019. Jeremy Taylor-Firth will assume Andrew's position as Chairman of the Audit Committee and Graham Brown will also join the Audit Committee.
RNS Number: 9333 Q Erris Resources PLC 25 February 2019. Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden and Finland, is pleased to provide an operational and corporate update on its activities, including a change to its board of directors..
Erris Resources Plc (ERIS.L) Announced an update on its activities at the Abbeytown zinc-lead-silver-copper project in County Sligo, Northwest Ireland, including the results for 11 holes out of the 12-hole underground drill programme, that grades intersected in underground drilling include 12.66 % Zn+Pb combined and 21.05g/t Ag over 2.0m in ABUG004, 14.37 % Zn+Pb combined and 67.25g/t Ag over 2.0m in ABUG009, 10.43 % Zn+Pb combined and 34.73g/t Ag over 2.7m in ABUG009, 5.33 % Zn+Pb combined and 21.44g/t Ag over 5.0m in ABUG010, 9.32 % Zn+Pb combined and 60.4g/t Ag over 4.0m in channel sample pillar AB-PL-10 and 7.88 % Zn+Pb combined and 48.86g/t Ag over 3.0m in channel sample pillar AB-PL-11. Continuity of mineralisation confirmed between historic underground mine and mineralisation intersected in recent surface drilling 300m south of mine completed by the company in late 2018. New target areas identified to extend the known footprint of mineralisation further south from the area drilled 300m south of the mine.
RNS Number: 4648 O Erris Resources PLC 30 January 2019 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. With the publication of this announcement, this information is now considered to be in the public domain..
Erris Resources (ERIS LN) 7.25p, Mkt Cap �2.3m – Exploration update • Erris Resources has provided a further update on the progress of its exploration joint venture in Sweden which is funded by Centerra gold for up to US$1.85m. • At the Brannberg project, 14 holes, totalling 2,682m, tested the down-dip and lateral extension of mineralisation identified in historic drilling by a previous operator. • “All holes encountered strong alteration zones and traces of mineralisation including veinlets and disseminations of arsenopyrite and chalcopyrite” in a stockwork of sheeted veins. • Among the results highlighted in today’s announcement are: o A 7.55m wide intersection averaging 1.15g/t gold, 1.93% arsenic and 0.1% copper from a depth of 108.25m in hole BB001; and o A 1.95m wide intersection averaging 2.07g/t gold, 2.20% arsenic and 0.13% copper from a depth of 124.45m in hole BB002; and o A 1.65m wide intersection averaging 8.14g/t gold, 0.67% arsenic and 0.01% copper from a depth of 52.90m in hole BB003; and o A 17.22m wide intersection averaging 1.93g/t gold, 3.06% arsenic and 0.26% copper from a depth of 160.90m in hole BB004. • Although the drilling has so far only tested 900m of strike and the “results confirm that there is a gold system at Br�nnberg that warrants further work … ” Centerra Gold has elected not to continue drilling on the Br�nnberg Project due to the mineralised system not demonstrating the size to host a > 1-million-ounce gold deposit. The project now reverts back 100% to Erris Resources and the Company will undertake follow up work to determine the resource potential of the project and consider whether it can be advanced on its own or potentially in partnership with a junior gold developer”. • We observe that the relatively high arsenic contents reported in the drilling may add to the complexity of any future permitting application in Sweden. • Anton du Plessis, CEO of Erris Resources commented that although it failed to meet Centerra Gold’s criteria, the Brannberg deposit still showed “potential for a smaller gold deposit that could be suitable for a small to mid size gold producer.” • Ground electromagnetic surveying over the Kalinberget project, also in Sweden, “failed to identify any conductors that warranted drill testing Centerra Gold has also made the decision not to advance this project based on the results to date … No further work will be carried out and the ground relinquished.” • Despite Centerra declining to proceed further with these two projects, “Centerra Gold has elected to continue its generative agreement with the Company covering Sweden and has also expanded the programme into Finland. Under the terms of the agreement, Centerra Gold is committed to spend $250,000 on generative exploration work in 2019 with the option to elect individual projects to earn a 70% interest by spending US$3 million, as to 51% by spending US$1 million and an additional 19% by spending US$2 million.” • Mr. du Plessis commented that “we are delighted to continue our strategic alliance with Centerra Gold and have its support as we continue to generate new exploration opportunities in Northern Sweden and expand the remit into Finland for 2019. The continuation of the Centerra programme acknowledges the cost-efficient testing of targets by Erris and the ability to continue to generate new targets - a key factor for exploration success”. Conclusion: Erris Resources is continuing its exploration joint venture with Centerra Gold in Sweden and expanding the cooperation into Finland. Although some projects have not reached Centerra Gold’s criteria, they could still prove worthwhile assets for smaller companies and the continuation of the joint venture with Centerra suggests that it is working for both parties.
Erris Resources Plc (ERIS.L) Announced, in its update on the Centerra funded exploration programmes, that total of 14 holes totalling 2,681.7m were drilled between July and September with full results received during November into early December 2018. All holes encountered strong alteration zones and traces of mineralisation including veinlets and disseminations of arsenopyrite and chalcopyrite. Further, Centerra Gold has elected not to continue drilling on the Br�nnberg Project due to the mineralised system not demonstrating the size to host a > 1-million-ounce gold deposit. The project now reverts back 100% to the Company and it will undertake follow up work to determine the resource potential of the project and consider whether it can be advanced on its own or potentially in partnership with a junior gold developer.
RNS Number: 3176 K Erris Resources PLC 13 December 2018 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. With the publication of this announcement, this information is now considered to be in the public domain..
RNS Number: 9749 G Erris Resources PLC 12 November 2018 Erris Resources plc/ EPIC: ERIS.L/ Market: AIM/ Sector: Mining. Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden, is pleased to announce the appointment of Anton du Plessis, Chief Executive Officer, to...
Erris Resources (ERIS.L) 6.7p �2.02m “The European focused mineral exploration company with a portfolio of zinc and base metals projects in Ireland and gold projects in Sweden, announced the final drill results from the surface diamond drilling programme at its 100% owned Abbeytown zinc-lead-silver-copper project in County Sligo, Ireland.” 15.63% Zn+Pb combined and 90.68 g/t Ag over 4.1m in ERAB005 15.57% Zn+Pb combined, 1.9% Cu and 51.50 g/t Ag over 2m from 150.0m-152.0m and 9.14% Zn+Pb combined with 92.89 g/t Ag over 4.5m from 105.0m-109.5m in ERAB007 Copper rich intersection in ERAB010 with 5m grading 4.7% Zn+Pb combined, 1.12% Cu and 29.3 g/t Ag from 119.5m to 124.5m including 3.5m grading 6.29% Zn+Pb combined, 1.59% Cu and 39.93 g/t Ag from 121.0m to 124.5m. Mineralisation defined over 250m and open to the historic mine workings to the north and open to the south away from this new area of mineralisation. New Zn soil anomalies define parallel trends for further targeting with potential to expand the target zone.
RNS Number: 9621 E Erris Resources PLC 24 October 2018 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. With the publication of this announcement, this information is now considered to be in the public domain..

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Erris Resources is a new European exploration company that aims to create shareholder value through early generative exploration and discovery. On discovery, the goal is to accelerate resource delineation and development through JV and industry partnerships. The Company has an experienced team with a proven track record of discovery and value creation. Erris Resources is backed by industry. Osisko Gold Royalties is a significant shareholder, and the Company has a Strategic Alliance and a series of joint ventures in Sweden with Centerra Gold. The Erris Resources portfolio comprises advanced zinc prospects with regional potential (in six licences) in Ireland and seven gold project areas (in 18 licences) in Sweden.

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