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E79 Gold Mines Limited ( (AU:E79) ) just unveiled an announcement.
E79 Gold has entered an Earn-In and Joint Venture Agreement with Scorpion Minerals Limited for the Jungar Flats Project in Western Australia’s Murchison region. This agreement allows E79 Gold to focus on its owned projects while benefiting from potential exploration success at Jungar Flats, with Scorpion Minerals managing the project and providing an upfront cash payment. The arrangement is expected to optimize resource allocation and enhance regional exploration initiatives.
More about E79 Gold Mines Limited
E79 Gold Mines Limited is a West Australian-based exploration company, primarily focused on gold and copper-gold projects. Their primary projects include the Laverton South Project in Western Australia and the Mountain Home IOCG Copper-Gold Project in the Northern Territory.
YTD Price Performance: 105.00%
Average Trading Volume: 1,778,790
Technical Sentiment Consensus Rating: Sell
For detailed information about E79 stock, go to TipRanks’ Stock Analysis page.