E79 Gold - Two Coherent Gold Anomalies Defined at T14 South, Laverton South (Final AC Assays In)
- Noel Ong
- Oct 3
- 6 min read
Announcement
E79 Gold Mines Limited(ASX: E79) has returned all final assays from reconnaissance air-core (AC) drilling at the T14 South prospect within the Laverton South Gold Project, delineating two distinct gold anomalies beneath a regional paleochannel and flagging follow-up work at depth. The Company also completed an additional 15 AC holes northwest of the Lighthorse discovery, with assays pending.
Figure 1: Map of E79 Gold’s exploration projects (source: E79)
Key Highlights - The Journey of Gold Exploration.
(Figure 2)
Two new gold anomalies at T14 South
Southern line, east–west zone (~300m wide): gold anomalism across upper/lower paleochannel horizons with several holes ending in weathered bedrock (e.g., 3m @ 0.23g/t Au from 83m to EOH, 25LRAC151; 8m @ 0.13g/t Au from 60m, 25LRAC152).
Western trend (800–1,000m long, north–south): coherent bedrock trend through four consecutive drill lines, including previously reported highlights 15m @ 0.38g/t Au from 80m to EOH (25LRAC126) and 8m @ 0.82g/t Au from 80m (incl. 4m @ 1.57g/t Au) in 25LRAC133; newly extended by 14m @ 0.12g/t Au from 76m to EOH (25LRAC146).
Figure 2: Map of priority drill targets (source: E79)
Bedrock mineralisation confirmed below paleochannel cover
Wide-spaced AC holes (80m spacing on 200m lines) are “barely tagging bedrock” beneath ~80m of cover; the persistence of bedrock gold in end-of-hole samples elevates the geological significance despite moderate grades typical of reconnaissance AC.
Next steps at T14 South:
E79 indicates the next stage is to explore at depth (possible RC drilling) to test the bedrock source beneath the paleochannel.
Assays pending near Lighthorse (Figure 3):
15 AC holes for 1,320m were completed west/north-west of Lighthorse to test geophysical targets; assays are expected in ~three weeks from the lab.
Figure 3: Map of priority drill targets (source: E79)
E79 Gold CEO, Ned Summerhayes, commented:
“All final assay results from the recently completed air-core drilling program have now been returned from the T14 South gold prospect. Gold has been identified below the paleochannel at T14 South with two gold anomalies – an 800-1,000m long north-south anomaly in the west of the drilling area and a 300m wide gold anomaly on the southern-most drilling line – successfully delineated. “These two anomalies are significant as they are located in prospective stratigraphy, south of known mineralisation, and there is no deeper drilling in the area.”
Geology & Context (why it’s prospective)
(Figure 4)
Figure 4: Map of air-core drilling of the T14 South Target over re-processed magnetics. (source: E79)
T14 South lies 3km south of KalGold’s Kirgella’s Gift within the same host stratigraphy, where cross-cutting faults and folds provide favourable sites for gold deposition. Re-processed magnetics highlight these structures continuing into E79 tenure. The target area is blanketed by a broad paleochannel (alluvial gold in basal sands/gravels), yet gold also occurs in weathered/fresh bedrock below, indicating a likely in-situ source (Figure 5).
Figure 5: Cross-section of T14 South outlining gold mineralisation below the paleochannel. (source: E79)
The broader Laverton Tectonic Zone (LTZ) is a globally significant gold belt (>30Moz in production, reserves, and resources) hosting Granny Smith, Sunrise Dam, and Wallaby. E79’s Laverton South Project covers ~272km² in this belt.
What comes next:
Reconnaissance AC across five E–W lines at 80m hole spacing on 200m line spacing; drill depths typically 80–100m into/through the paleochannel to tag bedrock. Gold anomalism on all five lines supports a cohesive picture despite moderate grades common at this stage.
Sampling/assay: 4m composites (~2kg), AR digest with ICP-MS (1ppb Au LLD), QA/QC at ~7% insertion rate; bottom-of-hole multi-element suite also collected.
Samso Concluding Comments
Exploration under cover is a patience game. Companies working in this space is all about establishing, or rather finding and than establishing coherence, scale, and evidence that gold persists beneath the paleochannel. Headline grades from the first stage of exploration are rare so investors need to understand the nature of mineral exploration. ITs all about the process of elimination.
In this instance, E79 has outlined two coherent trends at T14 South, with multiple end-of-hole bedrock hits that suggest an in-situ source rather than merely transported gold. That combination moves the prospect from “interesting geochemistry” to “targets worthy of deeper RC testing.”
The structural context also reads well. Reprocessed magnetics point to cross-cutting faults and folds continuing into E79 ground, and the wide-spaced AC grid still managed to tag consistent anomalism across several lines. In our experience, that’s the kind of early signal you want in the Laverton Tectonic Zone: continuity plus geology that can plausibly host a system of scale.
From here the job is about vectoring—tightening line spacing where it counts and stepping down into the bedrock with RC to see thickness, grade distribution, and geometry. Pending assays from the work near Lighthorse add another layer of potential news flow; positive results there would broaden the prospectivity picture beyond a single target area.
For investors, this remains classic early-stage risk: modest dollars seeking high-impact information. The next meaningful de-risking events are straightforward—RC beneath the anomalies at T14 South, clearer structural controls from new data, and follow-up where AC ended in mineralisation. As always, read the full tables and maps, watch how the drill density tightens, and let the geology—not the noise—do the talking.
Interesting Development
As we write this Samso News, E79 is in Trading halt pending a new asset and a capital raise, which I have put my hand up for participation. AS I have said many times, I know the management of E70 and its the very few companies that I have confidence that their interest are aligned with all shareholders. So lets watch this space and see what the new asset is all about.
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