Wed, Sep 21, 2022 at 1:00 PM
Eastern Time (US & Canada)
E79 Resources ("E79") is actively drilling at the Happy Valley and Twist Creek Prospects at the Myrtleford Project in Victoria, Australia. At Happy Valley, the Company has drilled 25 holes comprising 7,300 metres and 13 holes comprising 3,400 metres at Twist Creek.
At Happy Valley, E79 has encountered results, including 11 metres grading 160 grams per tonne of gold. The company continues to receive additional high-grade results there. At Twist Creek, E79 has also intersected rich gold mineralization, including 1.6 metres of 17 grams per tonne of gold and 1.1 metres of 15 grams per tonne of gold.
During the Victorian gold rush in the late 1800s, the Myrtleford region produced over 6.3 million ounces of gold from over 70 past-producing artisanal mining operations that focused on alluvial and some hard rock mining. The E79 exploration program is focusing on identifying, drilling and extending on the source of this gold mineralization.
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Patrick DonnellyPresident & CEO at E79 ResourcesPatrick Donnelly has a broad range of experience in mineral exploration, capital markets, corporate development and investor relations. He began his career as a project geologist 25 years ago exploring for precious and base metals and diamonds in western and northern Canada. Subsequently, Mr. Donnelly worked for a Canadian securities firm as a base metals mining analyst. Prior to joining Trilogy, he was the President of First Mining Gold Corp. where he played a key strategic role. Mr. Donnelly holds a B.Sc. in Geology (Honors) from the University of British Columbia and has an MBA from the University of Toronto.
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