Quarterly Activities Report - September 2025

Open PDF
Stock E79 Gold Mines Ltd (E79.ASX)
Release Time 28 Oct 2025, 8:15 a.m.
Price Sensitive Yes
 Quarterly Activities Report - September 2025
Key Points
  • Binding Heads of Agreement to acquire the 65km2 Cue Gold Project in WA's Murchison Region
  • Extensive aircore drilling programs completed at Laverton South Gold Project, with gold identified below the regional palaeochannel
  • Mineralised footprint expanded at Mountain Home Project in NT with high-grade copper assay results
Full Summary

E79 Gold Mines Ltd has reported on its activities during the September 2025 quarter. Key highlights include the signing of a binding Heads of Agreement to acquire a 90% interest in the 65km2 Cue Gold Project in Western Australia's Murchison Region, located adjacent to Westgold's Great Fingall Gold Mine. At the Laverton South Gold Project, the company completed extensive aircore drilling programs totaling 5,065m, with significant results defining a 300m-wide zone of anomalous gold across upper and lower paleochannel horizons, as well as a second gold anomaly extending over 800m in fresh rock underneath the regional paleochannel. At the Mountain Home Project in the Northern Territory, a field reconnaissance trip and detailed outcrop mapping significantly increased the company's geological understanding, identifying an en-echelon series of sinistral faults hosting copper-gold-bismuth mineralization. The company also made progress on approvals, signing an access agreement with the Pastoralist and completing the fieldwork component of the Cultural Heritage Survey. E79 Gold remains well-funded, with a cash balance of $1.28 million at the end of the quarter, further bolstered by a $3 million capital raise subsequent to the quarter-end.

Outlook

The company plans to commence initial drilling at the Mountain Home Project immediately after the 2025-2026 wet season, following the completion of the required approvals. The acquisition of the Cue Gold Project is expected to be completed in late November 2025, after shareholder approval.