ECR Minerals Commissions Maddens Gold Processing Plant as Underground Development Advances - Yahoo Finance UK

AI desk brief

ECR Minerals says the Maddens gold processing plant in North Queensland has been commissioned and is now fully operational, with processing of underground stockpiled material targeted for end-October 2026 and first material from the main production ore zones targeted for November 2026. Underground development is continuing through the decline toward the principal ore zones, with favourable ground conditions cited.

The company is also preparing initial alluvial gold operations at the nearby Brothers area once Maddens stockpiles are treated. No recovery rates, throughput, grades or production volumes were disclosed, so the update is mainly a milestone on project readiness rather than a quantified output forecast.