E79.ASX: E79 ADVANCES TOWARD INITIAL DRILLING AFTER KEY MILESTONE MET

E79 ADVANCES TOWARD INITIAL DRILLING AFTER KEY MILESTONE MET

Stock	E79 Gold Mines Ltd (E79.ASX)
Release Time	21 Aug 2026, 9:12 a.m.
Price Sensitive	Yes

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E79 Gold Mines Advances Drilling at Cue Gold Project

Key Points

Heritage survey booked for early October 2026
Over 10,000m of planned air-core and RC drilling
Initial drill program to commence in late October 2026

Full Summary

E79 Gold Mines Limited (ASX: E79) has made significant progress towards the commencement of its initial drilling campaign at the Cue Gold Project in Western Australia. The company has achieved a key milestone with the booking of a heritage survey for early October 2026, which will cover over 10,000 meters of planned air-core and Reverse Circulation (RC) drilling. The initial drill program is scheduled to commence in late October 2026, marking the first large-scale drilling campaign at the Cue Gold Project in nearly three decades. The project, located in the Murchison Region, encompasses advanced exploration targets at Ada and Chloe. CEO Ned Summerhayes expressed excitement about the upcoming drilling, which is expected to unlock significant value and define additional gold targets.

Outlook

The company anticipates that the upcoming drilling program will unlock significant value and further define compelling gold targets for follow-up exploration.