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5/13/15

ECI Exploration and Mining raises $10m

This private company has just raised $10m of seed capital, which is interesting. It's run by Robert Harrington (reasonable reputation) and its main project is the Inde property in Durango which is a gold oxide thing and has been looked upon with a glad eye for many years, but has had problems with locals that's stopped it from moving forward. Potentially a story to keep an eye on now that cash is in the structure.

PS: Also potentially interesting the ECI website "is currently being updated".