JUNIORMETRICS

E79 Gold Mines Limited

E79·US$0.019 (AUD 0.027)·US$6.7M cap
GoldCue Gold Project (flagship, Murchison, Western Australia); also Laverton South and Jungar Flats (Western Australia) and Mountain Home (Northern Territory) Map

E79 Gold Mines Limited (ASX: E79, formerly Zamanco Minerals, renamed July 2021) is a gold explorer in Western Australia and the Northern Territory. Its flagship is the 100%-owned Cue Gold Project, about 65 km2 in the Murchison Gold Province just south of the historical Day Dawn goldfield and near the Great Fingall and Break of Day deposits, which it acquired during the 2026 financial year; all of its tenements are now granted, and more than 12,000 m of air-core and reverse-circulation drilling, aimed first at the Ada and Chloe prospects, is scheduled to begin in November 2026 after a heritage survey in October. It also holds the Laverton South and Jungar Flats gold projects in Western Australia and the Mountain Home copper-gold project in the McArthur Basin of the Northern Territory, where it completed a 525 km2 airborne gravity survey co-funded by the Northern Territory Government. No mineral resource has been estimated on any project.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
8.3/10
Weak track recordStrong track record
8.3/10 vs.
6.3/10
Thin runwayWell-capitalized
6.3/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.6/10
Harder place to buildEasier place to build
6.6/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. The flagship Cue Gold Project is in Western Australia's Murchison region, as are the Laverton South and Jungar Flats projects; the Mountain Home project in the Northern Territory is named as context and not blended into the score.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Cue Gold Project, Day Dawn Goldfield, Murchison, Western Australia, Australia (checked Oct 5, 2026; recheck due Apr 3, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

6.6/10
Weaker profileStronger profile
6.6/10 vs.
Price Chart
$0.016$0.018$0.02$0.017$0.019AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.019
+29.1%from low-42.3%from high
$0.015$0.033
See who ↓
16.5%
Low alignmentHigh alignment
16.5% vs.
See who ↓
0%
Low alignmentHigh alignment
0% vs.
$6.7M
Far belowFar above
$6.7M vs. $22.1M peer median
Price (USD - Local)
US$0.019 (AUD 0.027)
Cash Position (USD)
$1.7M
Far belowFar above
$1.7M vs. $3.4M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$5M
Far belowFar above
$5M vs. $19.4M peer median
353.6M
Far aboveFar below
353.6M vs. 153.6M peer median
Jurisdiction
Australia
Grassroots-stage explorer, anomaly/rock-chip results only, no JORC resource
16.5%
0%100%
16.5% vs. 12.1% peer median
0%
0%100%
0% vs. 3.3% peer median
-$1.7M
Far belowFar above
-$1.7M vs. -$3.3M peer median
-$0.005
Far belowFar above
-$0.005 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
4.6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    1/10

    Stage: Grassroots Exploration

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    9/10

    Australia: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-30.5% since 2026-08-26 · -30.5% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

Chief Executive Officer of E79 Gold Mines Limited, an Australian gold exploration company. Exploration geologist with over 18 years' industry experience, predominantly within Australia, holding a Master's degree in Economic Geology.

Non-Executive Chairman of E79 Gold Mines Limited. Former Managing Director of Integra Mining Limited, with extensive exploration and mine-development experience.

Non-Executive Director of E79 Gold Mines Limited. Chartered Accountant with over 35 years in exploration and mining, with accounting, financial compliance and corporate governance expertise; previously director at Integra Mining Limited and Extract Resources Limited.

Non-Executive Director of E79 Gold Mines Limited; formerly Head of Resource Governance at BHP Group Limited. Geologist with 35+ years of consulting and industry experience at Western Mining Corporation, Placer Dome, and BHP; recipient of the 2023 AusIMM Presidents Award.

Managing Director and Chief Executive Officer of Indiana Resources Limited, focused on the company's gold and base-metals projects in the Central Gawler Craton Province, South Australia; also a non-executive director of E79 Gold Mines Limited. Previously Managing Director & CEO of Alto Metals Limited, a Western Australian-focused advanced gold explorer.

Chartered Accountant and Fellow of the Financial Services Institute of Australasia with over 30 years in resources, spanning company secretarial, financial management, corporate transactions, governance and compliance. Currently holds directorships at Stavely Minerals Limited, E79 Gold Mines Limited and ADX Energy Limited.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

Checked directly against the company's own site, which is live and describes an active exploration portfolio (Cue Gold, Laverton South, Mountain Home, Jungar Flats). No producer, specialist fund or named institution holds a disclosed position, and there are no insider trading records in our data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

E79 Gold Mines is a gold explorer in Western Australia and the Northern Territory. Its flagship is the 100%-owned Cue Gold Project, about 65 km2 in the Murchison Gold Province just south of the historical Day Dawn goldfield, where all tenements are now granted and more than 12,000 m of air-core and reverse-circulation drilling is scheduled to begin in November 2026. It also holds the Laverton South and Jungar Flats gold projects in Western Australia and the Mountain Home copper-gold project in the Northern Territory, and no resource has been estimated on any project.