GRAVITY SURVEY IDENTIFIES MULTIPLE PRIORITY DRILL TARGETS
| Stock | E79 Gold Mines Ltd (E79.ASX) |
|---|---|
| Release Time | 16 Feb 2026, 8:12 a.m. |
| Price Sensitive | Yes |
Gravity survey identifies multiple priority drill targets at Cue Gold Project
- Over 40 drill targets defined from high-resolution ground gravity survey
- Multiple priority targets within Great Fingall Dolerite, host to nearby high-grade gold mine
- Promising targets also highlighted within Meekatharra Formation with interpreted intrusions and structures
E79 Gold Mines Ltd has announced that a high-resolution ground gravity survey completed at its Cue Gold Project in Western Australia has identified over 40 new drill targets. The Cue Gold Project is located in the highly prospective Murchison Gold Province, immediately south of Westgold's renowned Great Fingall Gold Mine which produced 1.2Moz at an average grade of 19.2g/t gold. The geological setting is considered highly favourable for high-grade, quartz reef-hosted gold deposits, comparable to those at Great Fingall, Golden Crown and Break of Day. An initial 12 high priority targets have been identified, with five located within the Great Fingall Dolerite, five within the prospective Meekatharra greenstone formation, and two in the eastern geology sequence. The Riptide Prospect, where historical drilling has intersected shallow gold anomalism, is one of the targets within the Great Fingall Dolerite that has not been adequately drill tested. The targets within the Meekatharra Formation combine interpreted cross-cutting structures with gravity anomalies. E79 Gold is now focused on obtaining the necessary heritage clearances and planning its first drill program to test these priority targets and unlock the value of the highly prospective Cue Gold Project.
E79 Gold is planning its first drill program at the Cue Gold Project to test the multiple priority targets identified from the high-resolution gravity survey. The company is focused on obtaining the necessary heritage clearances to enable the drilling to commence.