Victoria Goldfield Exploration
E79 Resources Provides Exploration Update for Myrtleford and Beaufort Projects in Victoria, Australia
Vancouver, B.C., December 7, 2022. E79 Resources Corp. (CSE: ESNR, OTCQB: ESVNF) (“E79” or the “Company”) is pleased to report on its exploration activities at the Myrtleford and Beaufort gold properties in Victoria, Australia. EXPLORATION HIGHLIGHTS All drill results...
E79 Resources Announces Additional High-Grade Gold Intersected at the Twist Creek Prospect in Victoria, Australia
Vancouver, B.C., August 3, 2022. E79 Resources Corp. (CSE: ESNR, OTCQB: ESVNF) (“E79” or the “Company”) is pleased to report additional high-grade gold intersections from its inaugural drill program at the Twist Creek area located 40km north of the Happy Valley...
High-Grade Gold Intersected in Inaugural Drill Program at the Twist Creek Prospect in Victoria, Australia
Vancouver, B.C., July 13, 2022. E79 Resources Corp. (CSE: ESNR, OTCQB: ESVNF) (“E79” or the “Company”) is pleased to report high-grade gold intersections at its inaugural drill program at the Twist Creek Prospect located 40km north of the Happy Valley Prospect at its...
Large 100%-owned portfolio in the prolific and underexplored Victorian Goldfield
in similar geological setting to world class Fosterville gold mine in Victoria, Australia
Aggressive exploration program targeting +20,000m drilling
at past producing Beaufort and Myrtleford projects
Over 6 million ounces historical alluvial & hard rock production from 2 districts
Hard rock source has not been systematically explored for and remains unrealized
Team with Victorian Goldfield experience and on ground presence
along with an attractive valuation; potential for multiple catalysts at both properties
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Tier-1 gold jurisdiction – produced over 80Moz of gold (Au) only recently reactivated after decades of underinvestment
Largest single goldfield at Bendigo produced +20Moz Au, primarily from hardrock underground mines
Field hosts one of the
highest grade deposits globally
(Kirkland Lake’s Fosterville gold mine)
Most major deposits are associated with significant alluvial gold mining
Permit hosts over 70 past producing high grade underground gold mines with grades often greater than 31 g/t Au
Large alluvial district with
estimated production of >5Moz
Unique proposition – district scale consolidation of historic gold mining camp which hasn’t seen holistic, modern exploration approach
Focus on developing multiple drill targets over following months
1.16Moz historical alluvial production with no hard rock source identified
Gold nuggets up to 400 oz recovered from adjacent alluvial fields – supporting idea of proximal primary gold source
Fosterville style mineralisation not considered by previous explorers targeted large tonnage, low grade open pitable type deposits
Orientation soil sampling defined a 2.5km long gold-arsenic-antimony trend common geochemical pathfinder association in Victorian goldfields. Trend open along strike.
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907-1030 West Georgia St.
Vancouver, BC, V6E 2Y3, Canada
13 Stratton St., Newstead,