Vancouver - E79 Resources Corp. (CSE: ESNR, OTCQB: ESVNF) ('E79' or the 'Company') is pleased to report partial assay results received from drill holes HVD006 and HVD007 at its Happy Valley Gold Prospect on its Myrtleford property in Victoria, Australia.

HAPPY VALLEY GOLD PROSPECT

The Happy Valley Prospect is situated in the south eastern portion of the Company's Exploration Licence EL006724 in Victoria, Australia. It lies within a 12km long trend of historical workings mines. The Happy Valley Mining Centre has a documented historical production of 34,200 ounces of gold predominantly between 1866 - 1875. The Happy Valley Mining Centre produced at an average grade of 31g/t Au. To date, only limited modern exploration has been conducted at this prospect, with the recent drilling by E79 defining bonanza grade mineralisation at depth.

Gold mineralization at Happy Valley occurs as quartz veins within carbonate altered sedimentary units of Lower Ordovician age (448 - 443MA). Regionally mineralization appears to be proximal and related to the emplacement of several major regional Devonian age granitic plutons. The gold can occur as free particles within the quartz veins and can also be associated with sulphides, including pyrite and to lesser degrees arsenopyrite and galena.

Drill holes HDV006 and HVD007 were drilled at inclinations of -48-degree and -60-degree respectively, and on a similar azimuth to HVD002 and HVD003 (216-degree mag, 228-degree Grid). The holes have intersected multiple zones of quartz containing both sulphides and, in some places, visible gold. All intersections represent downhole lengths and as such do not represent true width intersections. Historic mining operations were undertaken on subvertical steeply dipping quartz vein structures

All samples are 1/2 HQ diameter (63.5mm) diamond drill core. Where visible gold has been observed in the core a field duplicate sample has been taken by splitting the 1/2 core in half again (1/4 core) with both samples being independently assayed and the combined weighted average given to the interval. Sampling was conducted to geological contacts. Samples were shipped by E79 contractors to ALS Global in Orange, NSW, Australia by TNT. The samples were crushed to a nominal 85% passing 3.15 mm. A 1 kg split was obtained using a Boyd rotary splitter and pulverized in its entirety to a nominal 85%

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