Cue Gold Project Acquisition Nears as E79 Gold Reveals High-Grade Drill Results
E79 Gold Mines is poised to complete its acquisition of the Cue Gold Project after uncovering multiple high-grade historical gold drill results, including an exceptional 91 grams per tonne assay. The company plans an extensive ground gravity survey to refine targets and accelerate exploration in 2026.
- Acquisition of Cue Metals and Cue Gold Project pending shareholder approval
- Historical drill results reveal gold grades up to 91 g/t at new and existing prospects
- Key prospects Ada and Chloe show expanded mineralisation footprints
- Ground gravity survey scheduled late 2025 to map gold-bearing structures
- Exploration strategy aims to leverage proximity to historic high-grade mines
Strategic Acquisition Nears Completion
E79 Gold Mines is advancing its acquisition of Cue Metals Pty Ltd, which controls the highly prospective Cue Gold Project in Western Australia's Murchison Gold Province. Subject to shareholder approval at the upcoming AGM on 27 November 2025, the deal is expected to finalize in early December, granting E79 Gold rights over approximately 67 square kilometres of tenure immediately south of Westgold’s Great Fingall Gold Mine.
Revealing High-Grade Historical Gold Intercepts
A comprehensive review of historical exploration data has uncovered numerous previously uncompiled high-grade gold assays. Notably, a 1-metre intercept grading 91 grams per tonne gold was identified at a newly recognized prospect, while established targets such as Ada and Chloe have yielded multiple significant intersections, including 4 metres at 6.96 g/t and 10 metres at 2.55 g/t gold. These results substantially enhance the project's prospectivity with minimal expenditure, providing a strong foundation for upcoming exploration.
Focus on Ada and Chloe Prospects
The Ada and Chloe prospects stand out as advanced targets within the project area. At Ada, recent data compilation revealed extended zones of supergene and fresh rock mineralisation, with gold intercepts extending over a strike length of nearly 950 metres. Chloe’s mineralisation footprint has also expanded, with higher-grade, shallower intercepts increasing the known extent to up to 350 metres long and 200 metres wide. Both prospects lie within the Meekatharra Greenstone formation, a geological setting known for hosting high-grade quartz reef gold deposits.
Upcoming Gravity Survey to Unlock Structural Controls
Building on the success of gravity surveys in nearby gold discoveries, E79 Gold plans to initiate a project-wide ground gravity survey before the end of 2025. This geophysical technique is critical for delineating cross-cutting structures within the host dolerite, which control gold mineralisation. The survey results, expected within 6-8 weeks, will guide prioritisation of drill targets and are anticipated to significantly de-risk and refine exploration efforts.
Looking Ahead to 2026 Exploration
With the acquisition completion imminent, E79 Gold is preparing to accelerate its exploration program in 2026. The company aims to leverage its technical expertise, including insights from consultant Glenn Martin, who played a key role in the discovery phase of the nearby Break of Day Mine. Supported by sufficient funding and a pipeline of promising targets, E79 Gold is positioning itself to unlock value in this under-explored gold hotspot with established mining infrastructure nearby.
Bottom Line?
E79 Gold’s acquisition and exploration plans set the stage for a potentially transformative chapter in the Murchison gold belt.
Questions in the middle?
- Will the upcoming gravity survey confirm new structural targets for high-grade gold mineralisation?
- How will E79 Gold validate and integrate historical assay data into a formal resource model?
- What is the timeline and budget for the planned drilling campaigns following acquisition completion?
