E79 Resources

Financials:

Primary ticker: CSE:ESNR, OTCQB:ESVNF
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Myrtleford and Beaufort
Project location: Victoria, Australia
Website: e79resources.com

E79 Resources is actively drilling at the Happy Valley and Twist Creek Prospects at the Myrtleford Project in the state of Victoria, Australia. So far at Happy Valley we have drilled 25 holes comprising 7,300 meters and at Twist Creek we have drilling 17 holes comprising 4,287 meters.

At Happy Valley we have encountered some spectacular results including 11 meters grading 160 grams per tonne gold. We continue to receive additional high-grade results at Happy Valley. At Twist Creek we have also intersected incredibly rich gold mineralization including 1.6 meters of 17 grams per tonne gold and 1.1 meters of 15 grams per tonne gold.

During the Victorian gold rush in the late 1800s, the Myrtleford region produced over 6.3 million ounces of gold from over 70 past producing artisanal mining operations which focused on alluvial and some hard rock mining. The E79 exploration program is focusing on identifying and drilling and extending on the source of this gold mineralization.

Cash: CAD$6M
Debt: NIL

Major shareholders:
Eric Sprott – 7.7%
Commodity Capital – 4.6%
US Global Investors – 3.1%
Management Ownership – 17.4%

Management Profile

Patrick Donnelly – President and CEO
Patrick has a broad range of experience in mineral exploration, capital markets, corporate development, and investor relations. He began his career as a project geologist almost 30 years ago exploring for precious and base metals and diamonds in western and northern Canada. Subsequently, Patrick worked for a Canadian securities firm as a mining analyst. Most recently, Patrick was the Vice President of Corporate Communications and Development for Trilogy Metals Inc. (“Trilogy”) which, with its partners, is advancing the Upper Kobuk Mineral Projects in Alaska, USA. Prior to working for Trilogy, Patrick also spent over three years as President at First Mining Gold Corporation (“First Mining”), where he was also co-founder and led the company’s initial public offering and listing on the Toronto Stock Exchange. Patrick was instrumental in negotiating and completing eight M&A transactions at First Mining. Patrick holds a Master of Business Administration from the University of Toronto and a Bachelor of Science in Geological Sciences from the University of British Columbia.

What is your rationale for taking part in 121 Mining Investment?

Meet current and potential new shareholders

What recent news would you like to highlight to investors attending?

August 3, 2022 – E79 RESOURCES ANNOUNCES ADDITIONAL HIGH-GRADE GOLD INTERSECTED AT THE TWIST CREEK PROSPECT IN VICTORIA, AUSTRALIA

July 13, 2022 – HIGH-GRADE GOLD INTERSECTED IN INAUGURAL DRILL PROGRAM AT THE TWIST CREEK PROSPECT IN VICTORIA, AUSTRALIA

March 28, 2022 – E79 RESOURCES INTERSECTS FURTHER HIGH GRADE GOLD UP TO 54.6G/T AT THE HAPPY VALLEY PROSPECT, VICTORIA, AUSTRALIA

February 1, 2022 – FURTHER HIGH GRADE GOLD RESULTS EXTENDS MINERALISED SYSTEM TO 360M BELOW SURFACE AT THE HAPPY VALLEY

January 27, 2022 – REVISION AND SIGNIFICANT INCREASE TO PREVIOUSLY ANNOUNCED ASSAY RESULTS FOR HOLES HVD006 AND HVD007 AT HAPPY VALLEY

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

Continue drilling at the Happy Valley, Twist Creek and Magpie Areas within the Myrtleford Project


6 Months:
Conduct exploration and drilling activities at the Beaufort Project

12 Months:

Continue drilling the dozens of high-grade gold targets within our expanded land package

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Capital markets, commodity price swings

What do you think makes your company such a compelling investment?

We have one of the most underexplored gold properties in the world within the shadow of the world-class Fosterville mine headframe. Our assets have produced millions of ounces of historical gold production from the Victoria Goldfields. Our properties have not been subjected to any modern systematic exploration.

What are the top 3 key investor takeaways?

We have compelling potentially high-grade gold assets within the prolific Victorian Goldfields of south Australia.

Our assets have outstanding infrastructure and are located in a safe and highly functional jurisdiction

We are well financed with approximately $6 million in cash.