E79 Gold Mines Limited · ASX:E79
E79 Gold Mines — RIU Resurgence 2022
22 slides from E79 Gold Mines's conference presentation, Nov 24, 2022
Slide 1: E79 Gold Mines – Money in the Ground
For personal use only E79 GOLD MINES Money in the Ground RIU Resurgence 24 November 2022 Money in the ground. ASX:E79 1
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation contains only an overview of E79 Gold Mines Limited (“E79" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects, may rel
Slide 3: Overview
OVERVIEW For personal use only GOOD MANAGEMENT GOOD GROUND Track record of discovery and successful development Two sizeable projects in prolific ‘world-class’ greenstone belts • 2008 Explorer of the Year (Integra Mining) • 2010 Miner of the Year (Integra Mining) • 2020 Craig Oliver Award Winner (St
Slide 4: Corporate
CORPORATE For personal use only $0.14 66,000,749 $9.42M $6.15M Non-Executive Chair Share Price Shares on issue Market Cash on Hand Chris Cairns Capitalisation (30 Sept 2022) Non-Executive Director Deborah Lord $3.27M ~15.8% 14.3% 45% Non-Executive Director Enterprise Board and Shares on Top 20 Peter
Slide 5: Two Projects in the Eastern Goldfields of Western Australia
PROJECTS TWO PROJECTS IN THE EASTERN GOLDFIELDS OF WESTERN AUSTRALIA For personal use only 355 km2 of tenure in the Laverton Tectonic Zone - one of the world’s most prolific gold belts ~30Moz 541km2 of tenure in the Murchison Goldfields – ~30Moz of endowment Money in the ground. ASX:E79 5
Slide 6: Laverton South Project
PROJECTS LAVERTON SOUTH PROJECT For personal use only Relative to the north-central portions of the belt, the southern portion is under-explored Resources Historical Production Endowment Meas & Ind Inf Deposit Tonnes Tonnes (kt) Tonnes Grade Ounces Grade Ounces Grade Ounces Ounces (kt) (kt) Granny S
Slide 7: Laverton South Project
PROJECTS LAVERTON SOUTH PROJECT For personal use only • Pinjin 100% owned • Lake Yindana 100% Owned Ramelius Resources +1 Moz resource (Ramelius Resources 12/4/22) Breaker Resources +1.5 Moz resource (Breaker Resources 20/12/21) Carosue Dam +4 Moz endowment (Northern Star 3/5/22) Money in the ground
Slide 8: Laverton South Project - Pinjin
PROJECTS LAVERTON SOUTH PROJECT - PINJIN For personal use only • E79 100% • A series of tenements along strike north and south of the Anglo Saxon (Trouser Legs) Gold Mine, Pinjin Goldfield • In conjunction with the Lake Yindana tenement, the tenure controls the north and south strike extensions of t
Slide 9: Laverton South Project - Pinjin
PROJECTS LAVERTON SOUTH PROJECT - PINJIN For personal use only Targeting completed by previous explorer, St Barbara – walk-up drill targets including - T1 - T2 - T3 – Drilled by E79 - T4 – Drilled by E79 Kirgella’s Gift RC drilling results include: 33m @ 3.10g/t Au from 51m (Renaissance Minerals Lim
Slide 10: Target - Pinjin
PROJECTS TARGET 3 - PINJIN For personal use only • Results show a 2,600m long zone of anomalous gold • Gold is found at the base of, and underneath, a regional paleochannel • Within this anomalous zone are the; • Southern Zone • Central Zone • Western Zone • Over 21,000m of aircore drilling to date
Slide 11: Target - Southern Zone
PROJECTS TARGET 3 - SOUTHERN ZONE For personal use only • Drilled at 300m line spacing • Results show gold mineralization below the paleochannel, associated with quartz veining • 3m @ 1.55 g/t Au from 92m (22LRAC369) including 1m @ 3.88 g/t Au from 94m to end of hole • 4m @ 3.20 g/t Au from 92m (22L
Slide 12: Target - Central Zone
PROJECTS TARGET 3 - CENTRAL ZONE For personal use only • Drilled at 160m line spacing • 4 consecutive lines show a linear, 600m long 120m wide zone with thick anomalism to end of hole • 20m @ 0.16 g/t Au from 84m1 to end of hole • 24m @ 0.20 g/t Au from 80m2 to end of hole • 8m @ 0.28 g/t Au from 10
Slide 13: Target - Western Zone
PROJECTS TARGET 3 - WESTERN ZONE Drilled to 160m line spacing For personal use only • • Core is 500m long, 50m wide zone of anomalism. Gold values higher than Central Zone • Within greenstone, structurally controlled • 8m @ 0.211 g/t Au • 12m @ 0.412 g/t Au • 8m @ 0.421 g/t Au • Follow up RC to test
Slide 14: Target East
PROJECTS TARGET 4 EAST Drilling by previous explorer outlined a 2.5km long zone of For personal use only • anomalous gold • This zone sits on a domain boundary and extends south through the historic Pinjin Goldfield and north to the historic high grade Patricia open pits • 95 Aircore holes drilled a
Slide 15: Laverton South Project – Lake Yindana
PROJECTS LAVERTON SOUTH PROJECT – LAKE YINDANA For personal use only • First-mover opportunity • GSWA maps show the tenement is less prospective granite (not correct) • Discouraged historic exploration – only 65 RAB drill holes, huge areas not explored Money in the ground. ASX:E79 15
Slide 16: Laverton South Project – Lake Yindana
PROJECTS LAVERTON SOUTH PROJECT – LAKE YINDANA Magnetics and recently acquired gravity clearly show that the For personal use only • tenement is underlain by ~25km of greenstones • This is supported by the limited historic RAB drilling finding various greenstone lithologies: - Dolerite - Gabbro - Gn
Slide 17: Laverton South Project – Lake Yindana
PROJECTS LAVERTON SOUTH PROJECT – LAKE YINDANA For personal use only • Magnetics and gravity clearly show that the tenement is underlain by ~25km of greenstones • Given the distinct lack of previous exploration, effectively E79 has a ‘first-mover’ opportunity: ‘…the largest deposits in any particula
Slide 18: Murchison Project - Jungar Flats
PROJECTS MURCHISON PROJECT - JUNGAR FLATS For personal use only • 541km2 of tenure containing early stage exploration targets • Murchison Goldfields >30 million ounces gold endowment • ~90km of strike along the Big Bell Shear and associated structures • New acquisitions to the south which increased
Slide 19: Jungar Flats Project
PROJECTS JUNGAR FLATS PROJECT Large scale gravity survey completed early 2022 For personal use only • • New targets identified • Location of the shear and greenstone belt more tightly defined in the north • Dolerite intrusion in central part of tenement is more extensive at depth than first thought
Slide 20: Jungar Flats Project
PROJECTS JUNGAR FLATS PROJECT Walk-up drill targets on Big Bell Shear Zone include: For personal use only • • 6km-long gold anomaly (BHP) – best 6m @ 0.17g/t Au, lack of follow-up (WAMEX Ref A32829) • T1975-1,2 & 3 (Newcrest) – best 4m @ 0.61g/t Au (WAMEX Ref A46347) • Large scale auger program unde
Slide 21: Summary – The Recipe
SUMMARY The Recipe For personal use only GOOD MANAGEMENT GOOD GROUND Track record of discovery and successful development Two sizeable projects in prolific ‘world-class’ greenstone belts • 2008 Explorer of the Year (Integra Mining) • 2010 Miner of the Year (Integra Mining) • 2020 Craig Oliver Award
Slide 22: Thank you
For personal use only E79 GOLD MINES Committed to a sustainable future Thank you Money inground. Money in the the ground. ASX:E79 22