E79 Gold Mines Limited ( (AU:E79) ) just unveiled an announcement.
E79 Gold Mines Limited has announced the progress of its aircore drilling program at the Laverton South Gold Project, aimed at testing potential extensions to the Lighthorse gold discovery by Kalgoorlie Gold Mining Ltd. The program, which includes 110 planned holes covering approximately 7,000 meters, has completed 29 holes so far. The initial assay results are expected by mid-April, with further geophysical data reviews underway to identify additional targets. This drilling initiative is significant as it explores areas of structural complexity near the boundary of the Lighthorse discovery, potentially enhancing E79 Gold’s resource base and market positioning within the rich Laverton Tectonic Zone.
More about E79 Gold Mines Limited
E79 Gold Mines Limited is a West Australian-based exploration company operating in the gold mining industry. The company focuses on the exploration and development of gold projects, primarily within the Laverton Tectonic Zone, a prolific gold-producing region in Western Australia.
YTD Price Performance: 120.0%
Average Trading Volume: 2,857,054
Technical Sentiment Signal: Sell
Learn more about E79 stock on TipRanks’ Stock Analysis page.