Е79 Resources Corporation
E79 Resources, was initially a private Australian company formed by the RWD team to explore for high grade gold in Victoria, Australia. The company is dedicated to discovering Fosterville-type mineralization at its Beaufort and Myrtleford properties in the Victorian Goldfields, Australia.
The Myrtleford property signifies the unification of an entire historical gold camp, with over 70 previously producing artisanal gold mines on the property. Most historic mining ceased at the water table. In Beaufort, there is an opportunity to explore for a hard rock source of a significant alluvial goldfield along a structure known for hosting gold in the region.
The company was listed on the Canadian Securities Exchange in October 2020 and on the third hole of the company’s inaugural drilling program at its Myrtleford property a high high-grade gold zone with abundant visible was intercepted and returning a spectacular intercept of 11.10m @ 160.45 g/t Au from 190.40m downhole.
Source: https://e79resources.com/
Team with Victorian Goldfield experience and on ground presence along with an attractive valuation.
Large 100% owned portfolio in the prolific and underexplored Victorian Goldfield.
Over 6 million ounces historical alluvial & hard rock production from 2 districts.
Unique proposition – district scale consolidation of historic gold mining camp which hasn’t seen modern exploration approach.
Permits host over 70 past producing high-grade, underground gold mines with grades often greater than 31 g/t Au.
