The latest announcement is out from E79 Gold Mines Limited ( (AU:E79) ).
E79 Gold Mines Limited has commenced a significant air-core drilling program at its Laverton South Gold Project in Western Australia. The initiative aims to explore potential extensions of the Lighthorse gold discovery, recently identified by neighboring Kalgoorlie Gold Mining Ltd. The drilling program is expected to conclude within three weeks, with assay results anticipated by the end of April. This development could potentially enhance E79 Gold’s operational prospects and strengthen its position within the gold mining sector.
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 gold exploration projects, particularly in the Laverton Tectonic Zone, one of the world’s richest gold belts, located in Western Australia.
YTD Price Performance: 90.48%
Average Trading Volume: 2,750,653
Technical Sentiment Signal: Sell
For a thorough assessment of E79 stock, go to TipRanks’ Stock Analysis page.