Visible Gold Intersected Down Hole In Maiden Exploration Drill Hole At Happy Valley Gold Prospect

VANCOUVER - E79 Resources Corp. announced the discovery of visible gold within the maiden exploration drill hole at the Happy Valley Gold Prospect on its Myrtleford property in Victoria, Australia. The diamond drill hole is the first in a program designed to test for down-dip extensions of previously mined high-grade quartz vein structures and is also designed to generate structural, lithological, alteration and geochemical information and its relationship to mineralization at the Happy Valley Mining Centre.

Rory Quinn, President and Chief Executive Officer, said, "This is a superb start to the program and confirms the belief in the potential of the Happy Valley target. Rarely does the discovery of visible gold occur at the start of a program. Its presence gives us confidence to continue to target down dip and along strike extensions of known mineralization. As soon as assays have been received, we will update the market further."