E79 Gold Mines Secures Government Grants for Exploration at Northern Territory Project

MT Newswires Live

2025/06/11

E79 Gold Mines (ASX:E79) received two co-funded grants to support exploration at its Mountain Home Copper-Gold-Bismuth Project in the Northern Territory, according to a Tuesday filing with the Australian bourse.

The grants awarded under the Northern Territory government's geophysics and drilling collaborations program cover 50% of costs up to AU$100,000 for a 2,000-meter drilling program and 50% of costs up to AU$150,000 for an airborne gravity survey, the filing said.

The company expects to start reverse circulation drilling at the project in the dry season, the filing added.

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