E79 Gold Mines Limited advised that it has identified a second emerging gold trend from recent aircore drilling at Target 4, within its Laverton South Gold Project in Western Australia. E79 Gold has 944 km2 of prospective ground across two key projects, Laverton South in the Laverton gold district and Jungar Flats in the North Murchison region. The Laverton South Project, with an area of 355km2, covers a southern portion of the Laverton Tectonic Zone (`LTZ') approximately 130km east-northeast of Kalgoorlie, within the major gold producing Archean Yilgarn Craton of Western Australia.

E79 Gold recently completed 95 aircore holes for 4,046m at Target 4. This drilling was designed to test a large-scale regional-scale gold-bearing structure, the Pinjin Fault, which is manifest in the regional magnetic datasets as a magnetic high and marks the boundary between the Edjudina and Linden geological domains. This structure hosts gold mineralisation over a 30km strike length, including the historic Pinjin goldfields containing the recently mined Trouser Legs open pit (Hawthorn Resources) to the south of the tenement, and the historic high-grade Patricia open pits (OzAurum Minerals) in the north. The Pinjin Fault runs for 6km through E79's tenure and the recent aircore drilling program explored along 2.5km of this strike length, through an area of structural complexity in the regional magnetics.

Best results include: 8m @ 0.41 g/t Au from 24m (22LRAC443); 4m @ 0.47 g/t Au from 64m (22LRAC428); 3m @ 0.48 g/t Au from 28m (22LRAC503); 8m @ 0.10 g/t Au from 60m (22LRAC427); 4m @ 0.20 g/t Au from 52m (22LRAC430); 11m @ 0.07 g/t Au from 64m (22LRAC430) and 2m @ 0.26 g/t Au from 38m (22LRAC479) (EOH). Gold anomalism was identified in fresh rock, proximal to a contact between intermediate and mafic units, and is supported by gold pathfinder elements including arsenic and antimony anomalism. In the north of the area drilled, an east-west break is observed in the regional magnetic data, with anomalous gold in drilling occurring on either side of the break, with aircore drill lines spaced 400m apart.

This break could represent a cross-cutting fault, or a demagnetised zone, both of which are conducive to gold deposition.