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E79 Gold Mines Limited ( (AU:E79) ) has provided an announcement.
E79 Gold Mines Limited reported significant progress in its Mountain Home Project, with high-grade rock chip assays revealing up to 11.95% copper, 2.3g/t gold, and 9.09% bismuth, highlighting a prospective iron-oxide copper-gold mineralisation similar to the Tennant Creek event. The company’s approval of the ‘Mine Management Plan – Exploration’ by the NT Government and the submission of a cultural heritage application pave the way for planned drilling in the 2025 dry season, marking a major step towards exploring a potentially significant metal system.
More about E79 Gold Mines Limited
E79 Gold Mines Limited is a West Australian-based exploration company focused on discovering high-quality mineral deposits in Western Australia and the Northern Territory. The company operates within a total of 1,838 square kilometers of prospective tenure, aiming to expand its portfolio with significant discovery potential.
YTD Price Performance: -5.00%
Average Trading Volume: 231,120
Technical Sentiment Consensus Rating: Buy
See more data about E79 stock on TipRanks’ Stock Analysis page.
