Large-Scale Airborne Geophysical Survey Completed

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Stock E79 Gold Mines Ltd (E79.ASX)
Release Time 29 Jul 2026, 9:36 a.m.
Price Sensitive Yes
 E79 Gold Completes Large-Scale Airborne Geophysical Survey
Key Points
  • Large-scale airborne geophysical survey completed over Mountain Home Project
  • High-quality gravity and magnetic datasets identified
  • Several magnetic-low zones identified as priority targets for follow-up work
Full Summary

E79 Gold Mines Limited (ASX: E79) has successfully completed a large-scale airborne geophysical survey over its Mountain Home Copper-Gold-Bismuth Project in the Northern Territory. The survey, which was co-funded under the Northern Territory Government's Geophysics & Drilling Collaborations (GDC) Program, provided high-quality gravity and magnetic datasets. Preliminary interpretation indicates that the mineralised Mountain Home Gossan sits within a well-defined magnetic-low corridor, with several additional magnetic-low zones of similar character identified elsewhere in the survey area. These zones represent priority targets for follow-up work. The survey was co-funded under the Northern Territory Government's Geophysics & Drilling Collaborations (GDC) Program with $150,000 paid back to E79 Gold.