FURTHER HIGH-GRADE HISTORICAL DRILL RESULTS UP TO 91g/t GOLD

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Stock E79 Gold Mines Ltd (E79.ASX)
Release Time 26 Nov 2025, 9:19 a.m.
Price Sensitive Yes
 E79 Identifies High-Grade Historical Drill Results at Cue Gold Project
Key Points
  • Multiple high-grade gold assays identified across Ada, Chloe, and Transformer prospects
  • Includes 1m @ 91.00 g/t gold from surface in newly identified prospect
  • Ground gravity survey planned to commence in late 2025 to map gold-fertile structures
Full Summary

E79 Gold has identified numerous high-grade historical drill results at its Cue Gold Project in Western Australia, including up to 91 g/t gold, ahead of completing the acquisition of the project. The review of historical exploration data has identified multiple new exploration opportunities, with high-grade assays found at the Ada, Chloe, and Transformer prospects. Highlights include 1m @ 91.00 g/t gold from surface in a newly identified prospect, 4m @ 6.96 g/t gold from 90m (including 2m @ 13.04 g/t gold) at the Chloe prospect, and 16m @ 1.53 g/t gold from 48m (including 2m @ 5.05 g/t gold) at the Ada prospect. E79 Gold plans to commence a project-wide ground gravity survey in late 2025, which is expected to take 6-8 weeks including processing. This exploration method has been successfully utilized in the nearby Break of Day and Great Fingall areas, leading to the discovery of high-grade gold structures. The company is working to complete the acquisition of the Cue Gold Project, which is expected in early December 2025 following shareholder approval.

Outlook

Following completion of the acquisition, E79 Gold plans to aggressively explore the Cue Gold Project, with a ground gravity survey scheduled to commence in late 2025. The company expects to be well-placed in 2026 with a raft of prospects in an under-explored area with significant gold mining infrastructure.