E79 Gold Mines Limited · ASX:E79
E79 Gold Mines — RIU Resurgence 2023
19 slides from E79 Gold Mines's conference presentation, Nov 23, 2023
Slide 1: E79 Gold Mines: Money in the Ground
E79 GOLD MINES Money in the Ground RIU Resurgence 23 November 2023 Money in the ground ASX:E79 1
Slide 2: Disclaimer
DISCLAIMER 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 rely on various assumptio
Slide 3: Overview
OVERVIEW 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 (Stavely Minerals) • 2023
Slide 4: Strategy
STRATEGY • Underexplored parts of endowed greenstone belts • Large land holdings • Originating new targets never seen by previous explorers – E79 looks for new opportunities of scale, not re-drilling old prospects that never made it in 3 previous booms! • Methodical modern exploration • Spend the mo
Slide 5: Corporate
CORPORATE $0.074 81,334,083 $6.0M $3.3M Non-Executive Chair Share Price Shares on Issue Market Cash on Hand Chris Cairns Capitalisation (30 Sep 2023) Non-Executive Director Deborah Lord $2.7M ~12.8% $1.2M 38% Non-Executive Director Enterprise Board and JMEI Credits Top 20 Peter Ironside Value Manage
Slide 6: Two Flagship Projects in the Eastern Goldfields of Western Australia
PROJECTS TWO FLAGSHIP PROJECTS IN THE EASTERN GOLDFIELDS OF WESTERN AUSTRALIA 271 km2 of tenure in the Laverton Tectonic Zone - one of the world’s most prolific gold belts ~30Moz 698km2 of tenure in the Murchison Goldfields – ~30Moz of endowment Money in the ground. ground ASX:E79 6
Slide 7: Laverton South Project
PROJECTS LAVERTON SOUTH PROJECT 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 Smith1 - - 5,100,000 3,
Slide 8: Laverton South Project
PROJECTS LAVERTON SOUTH PROJECT • Pinjin 100% owned • Lake Yindana 100% Owned Rebecca Gold Project +1.2 Moz resource (Ramelius Resources 12/4/22) Lake Roe Gold Project +1.7 Moz resource (Ramelius Resources 20/3/23) Carosue Dam +4 Moz endowment (Northern Star 3/5/22) Money in the ground ASX:E79 8
Slide 9: Pinjin: Work to date
PROJECTS PINJIN: Work to date ➢ 350km2 of gravity surveys ➢ 1,000 soil samples ➢ >50,000m of drilling ➢ 2 main prospects, Target 3 and Target 4 • Prospective geology – large scale structures, gold on lithological contacts • De-magnetised stratigraphy – gold bearing hot fluids • Evidence of large-sca
Slide 10: Target 4 East
PROJECTS TARGET 4 EAST ➢ Within a 30km long regional gold trend, the Pinjin Fault ➢ The Pinjin Fault forms a geological domain boundary and extends south through the historic Pinjin Goldfield and north to the historic high-grade Patricia open pits ➢ Significant Results from the recent AC program inc
Slide 11: Laverton South Project – Lake Yindana
PROJECTS LAVERTON SOUTH PROJECT – LAKE YINDANA • First-mover opportunity • GSWA maps show the tenement is underlain by less prospective granite (not correct) • Discouraged historic exploration – only 65 RAB drill holes, huge areas not explored Money in the ground. ground ASX:E79 11
Slide 12: Laverton South Project – Lake Yindana
PROJECTS LAVERTON SOUTH PROJECT – LAKE YINDANA ➢ Magnetics and recently acquired gravity clearly show that the tenement is underlain by ~25km of gold and nickel prospective greenstones that are effectively un-explored ➢ Current 10,000m aircore program underway ➢ Intrusion target drilling complete ➢
Slide 13: Laverton South Project – Lake Yindana
PROJECTS LAVERTON SOUTH PROJECT – LAKE YINDANA • Magnetics and gravity clearly show that the tenement is underlain by ~25km of greenstones – essentially un-explored • Given the distinct lack of previous exploration, effectively E79 has a ‘first-mover’ opportunity in the southern portion of the Laver
Slide 14: Murchison Project - Jungar Flats
PROJECTS MURCHISON PROJECT - JUNGAR FLATS ➢ 698km2 of tenure containing early stage exploration targets ➢ Murchison Goldfields +30 million ounces gold endowment ➢ ~60km of strike along the Big Bell Shear and associated structures ➢ New acquisitions to the south which increased our tenure over the de
Slide 15: Jungar Flats Project
PROJECTS JUNGAR FLATS PROJECT ➢ Large-scale gravity survey completed over northern area in 2022 ➢ New targets identified and first-pass soil auger completed • 35km of greenstone tested by ~3,000 sample auger program • Independently reviewed results show multiple targets for priority follow-up includ
Slide 16: Jungar Flats Auger
PROJECTS JUNGAR FLATS AUGER ➢ Follow up work identified the cause of the lithium anomaly from the auger program ➢ Swarm of pegmatites mapped and sampled • Results up to 0.29% Li2O from rock chip samples in southern area tested • Coherent anomaly mapped over 600m, constrained by outcrop • Northern ar
Slide 17: Jungar Flats Project
PROJECTS JUNGAR FLATS PROJECT ➢ Gravity survey completed in June 2023 over recently acquired ground in the south ➢ Parallel greenstone units identified, including 25km of interpreted dolerite running through the tenement, and an eastern greenstone ➢ Southern 15km of this dolerite was previously unre
Slide 18: Summary
SUMMARY 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 (Stavely Minerals) • 2023
Slide 19: E79 Gold Mines: Thank you
E79 GOLD MINES Committed to a sustainable future Thank you Money inground Money in the the ground. ASX:E79 19