E79 - E79 Gold Mines

[System]

E79 Gold Mines is a gold exploration company which, subject to the satisfaction of certain conditions, will hold two Projects with tenements covering approximately 683 km² of highly prospective ground in two proven gold producing greenstone belts in the Eastern Goldfields of Western Australia.

The Projects are located in the +30 million ounce Laverton Tectonic Zone approximately 150 km east-northeast of Kalgoorlie, and the +25 million ounce Murchison Greenstone Belt, approximately 450 km northeast of Perth. Both belts are in the well mineralised Archean Yilgarn Craton of Western Australia.

The Projects are:

(a) the Laverton South Project with 346 km² of tenure in the Laverton Tectonic Zone - one of the world's most prolific gold belts with in excess of 30Moz of gold historic production, Mineral Resources and Ore Reserves; and

(b) the Jungar Flats Project with 337km² of tenure in the Murchison Belt with in excess of 25Moz of published gold historic production, Mineral Resources and Ore Reserves

It is anticipated that E79 will list on the ASX during October 2021.

E79 Gold Mines Limited - Australian gold exploration company

Australian gold exploration company with two sizeable projects in prolific world-class greenstone belts in the Western Australian Goldfields

e79gold.com.au

 

[Dona Ferentes]

Listing date	06 October 2021 11:30AM AEST ##
Company contact details	https://e79gold.com.au/ Ph: 08 9287 7625
Principal Activities	Mineral exploration
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	E79
Capital to be Raised	$7,000,000
Expected offer close date	22 September 2021
Underwriter	Not underwritten. Euroz Hartleys Limited (Lead Manager)

 

[Dona Ferentes]

E79 up and trading .... started at 25c and now moving between 26c and 27c on Day One

 

[Miner]

Prior to listing there was so much hype, I was thinking the price will go through the rock.
Dived down by 25 pc today. What will happen tomorrow ?
Technically only $4 M worth shares with two exciting sites in Eastern Goldfields, would probably ask for funds within next 24 months or will be sold out after couple of exciting drilling results - MY wishful speculation on a speculative investment itself
Read key purpose as stated on prospectus

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02432488-6A1054697?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02432486-6A1054695?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02432484-6A1054693?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02431658-6A1054399?access_token=83ff96335c2d45a094df02a206a39ff4https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02431658-6A1054399?access_token=83ff96335c2d45a094df02a206a39ff4

substantial holders

 

[Miner]

Market just opened and here u go E 79

 

[Miner]

Prior to listing there was so much hype, I was thinking the price will go through the rock.
Dived down by 25 pc today. What will happen tomorrow ?
Technically only $4 M worth shares with two exciting sites in Eastern Goldfields, would probably ask for funds within next 24 months or will be sold out after couple of exciting drilling results - MY wishful speculation on a speculative investment itself
Read key purpose as stated on prospectus

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https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02432488-6A1054697?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02432486-6A1054695?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02432484-6A1054693?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02431658-6A1054399?access_token=83ff96335c2d45a094df02a206a39ff4https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02431658-6A1054399?access_token=83ff96335c2d45a094df02a206a39ff4

substantial holders

Sorry my bad not to use glasses. Yesterday price actually went up and not down.
Surely no one reads this thread and hence there was no comment to correct me.
Apology for reverse gear

 

[craigj]

E79 Small gold explorer Market cap only 6 million Drilling commences this month Next door to Kalgold

 

[peter2]

Nice pick. I looked it over and saw that they're waiting for the dry season (May - Nov) to start drilling. Allow a month to drill and another for results. Put it on the spec watchlist for later on in the year.

 

[Miner]

E79 Small gold explorer Market cap only 6 million Drilling commences this month Next door to Kalgold

Congratulations for breaking a drought of post since 2021

 

[Garpal Gumnut]

This WA based golder had a bit of a rise in price recently on rumour but is now trading under 2c. It recently began preliminaries on an exciting CU. Au, Bismuth holding in the NT adjacent to some previous dirt it has explored. On the R hand side of the highway heading north from 3ways to Darwin.

My pick in the July comp which I have hopes of winning.

gg

 

[Dona Ferentes]

This WA based golder had a bit of a rise in price recently on rumour but is now trading under 2c.

E79 Gold Significantly Expands Mountain Home Project Tenure​

- E79 Gold has acquired the Mineral Rights to ~498km2 of tenure adjacent to its existing Mountain Home Project, increasing the area under E79 Gold’s control by 57% to 1,366km2
- This acquisition, in the highly prospective McArthur Basin, supports the Company’s strategy of identifying prospective areas, controlling large landholdings and undertaking systematic modern exploration
- Work is progressing at the Mountain Home Project, with heritage surveys planned ahead of initial Reverse Circulation drilling in 2025
- Upcoming gravity survey and RC drilling will be supported by two co-funded exploration grants awarded to E79 Gold under the NT Government’s Geophysics and Drilling Collaborations Programs

My pick in the July comp which I have hopes of winning.

gg

and well you may