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E79 - E79 Gold Mines

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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.

 
Listing date06 October 2021 11:30AM AEST ##
Company contact detailshttps://e79gold.com.au/
Ph: 08 9287 7625
Principal ActivitiesMineral exploration
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeE79
Capital to be Raised$7,000,000
Expected offer close date22 September 2021
UnderwriterNot underwritten. Euroz Hartleys Limited (Lead Manager)
 
E79 up and trading .... started at 25c and now moving between 26c and 27c on Day One
 
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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substantial holders
 
Market just opened and here u go E 79

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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
 
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