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E79 Gold Mines Limited ( (AU:E79) ) has shared an announcement.
E79 Gold Mines Limited has exercised its option to acquire the Cue Gold Project in Western Australia, marking a significant step in its exploration efforts. This acquisition involves six tenements and will lead to immediate exploration activities, including a gravity survey to map gold-fertile structures. The project is strategically located near historically productive gold mines, enhancing its potential value. E79 Gold plans an aggressive exploration program to unlock the project’s full potential, with updates to be provided to shareholders in the coming weeks.
More about E79 Gold Mines Limited
E79 Gold Mines Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in acquiring and exploring gold projects, with a significant emphasis on the Murchison Gold Province in Western Australia.
Average Trading Volume: 1,254,516
Technical Sentiment Signal: Sell
See more insights into E79 stock on TipRanks’ Stock Analysis page.