E79 Identifies New Gold Targets at Laverton South
Konrad Forrest
15 May 2025 | Perth, WA – E79 Gold Mines (ASX:E79) has identified multiple high-priority regional gold targets at its Laverton South Project following a comprehensive geophysical reinterpretation and project-wide review, with drilling set to begin shortly.
The review focused on magnetic and gravity datasets reprocessed in light of the nearby Lighthorse discovery by KalGold (ASX:KAL), which shares structural similarities with E79’s tenure. Two new targets will be tested in the coming weeks.
Target Highlights:
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Target 1 lies 3km south of KalGold’s Kirgella Gift resource, in a structurally complex zone showing demagnetisation and a gravity-interpreted fault.
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Target 2 sits near the Lake Yindana tenements, in a domal geological setting analogous to Ramelius’ Duke Deposit, but under cover.
The company has already completed 5,871m of aircore drilling west of Lighthorse, with assays pending. New drilling is scheduled for May–June.
CEO Ned Summerhayes commented:
“These compelling targets are the result of reinterpreting regional data in light of recent greenfields success nearby. We’re excited to drill-test them while we await results from our last aircore campaign.”
E79 also noted increased prospectivity around Heysen’s Find, where nearby surface sampling by OzAurum returned up to 16.23g/t Au. Previous E79 drilling along the same structure intersected 12m @ 1.12g/t Au, prompting follow-up fieldwork.
The Laverton South Project spans 272km² within the prolific Laverton Tectonic Zone, home to over 30Moz of historical gold resources including Granny Smith, Sunrise Dam and Wallaby.