E79 Gold Mines Limited (ASX: E79) has secured an option to acquire the Mountain Home Copper-Gold Project from NT Minerals Limited. This 574km² project is located in the Northern Territory’s McArthur Basin, near the world-class McArthur River Lead-Zinc Mine. The area has yielded promising rock chip assays, including up to 33% copper and 1.31g/t gold. These results were obtained from just 150m of outcrop within a 5km structure.
E79 Gold aims to explore the project's full 40km strike extent, which is highly prospective for copper mineralization. CEO Ned Summerhayes highlighted the project's potential, emphasizing its strategic location in an under-explored, resource-rich basin. E79 Gold plans to begin ground exploration promptly to capitalize on these promising early-stage findings.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.