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E79 Gold Mines Secures Full Ownership of Mountain Home Project

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E79 Gold Mines Secures Full Ownership of Mountain Home Project

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An update from Redbank Copper Ltd. ( (AU:NTM) ) is now available.

E79 Gold Mines Limited has acquired 100% ownership of the Mountain Home Copper-Gold-Bismuth Project in the Northern Territory by exercising its option early. This strategic move reduces the Net Smelter Royalty from 2% to 1% and lowers the royalty cap, enhancing the project’s potential profitability. The acquisition secures a highly prospective tenement, with initial drilling planned for the upcoming dry season, marking a significant step forward in E79 Gold’s exploration efforts.

More about Redbank Copper Ltd.

E79 Gold Mines Limited is a West Australian-based exploration company focusing on the exploration and development of mineral resources. The company primarily targets copper, gold, and bismuth deposits, with a significant interest in the McArthur Basin in the Northern Territory.

Technical Sentiment Signal: Hold

Current Market Cap: €2.48M

Find detailed analytics on NTM stock on TipRanks’ Stock Analysis page.

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