E79 Gold Mines Limited commenced a major geochemical sampling program at the Jungar Flats Gold Project, located within the highly endowed Murchison region of Western Australia. E79 Gold has 895km2 of prospective ground within its two projects, the Laverton South Project in the world-class Laverton gold district and the Jungar Flats Project in the North Murchison region. The Jungar Flats Project, in the North Murchison region, is located 70km west of Meekatharra and 45km north-northeast of the 2.8Moz Big Bell gold deposit 1. The Project tenure covers an area of 541km2, contains approximately 90km of strike of the highly prospective Big Bell Shear, and straddles a narrow north-south trending greenstone belt.

This greenstone belt was targeted by the Company's ground gravity survey in early 2022, which was successful in outlining the scale and location of the belt as it traversed the project. Soil sampling, trialling the UltrafineTM analytical technique, was successful in identifying gold anomalism in three of the four locations tested 2. These three anomalous locations all lie on the interpreted Big Bell Shear and as a result, E79 Gold is undertaking a large-scale soil sampling program to test this highly prospective corridor. A 3,000+ sample auger program has now commenced with the aim of testing 40km of strike of this greenstone belt.

Samples will undergo UltrafineTM analysis, an analytical technique developed by CSIRO to be able to identify geochemical anomalism, potentially associated with gold mineralisation through the hardpan, which is extensive in the Murchison region and renders many traditional soil sampling/analytical techniques ineffective. E79 will complete this Auger program this year, and results are expected during quarter 1, 2023.