Technically E79 has broken out of the pennant and appears to be backtesting that breakout, Market cap currently has no reflection on the potential extension of the Lighthorse discovery into our tenement Any further evidence next door and 18-20 million mc is likely in the short term. E79 cashed up and drilling highly prospective targets any day now
E79 Referencing KAL's discovery;
"This emerging discovery is located between 50-550m east of E79 Gold’s tenement boundary, in an area of structural complexity that sits between two parallel, regional north north-west trending magnetic-high stratigraphic units. Both regional mag-high ridges run through E79 Gold’s tenure."
The fact that these magnetic high ridges run through E79's tenement dramatically increases the chance of hitting exciting grades in this round of drilling
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