Gold79 Mines Ltd. announces that it has completed the third anniversary payments due under the Gold Chain project option agreement with the payment of US$30,000 in cash and the issuance of 744,711 common shares at a deemed value of US$48,000 . Mr. Derek Macpherson, President, CEO and Director stated, "We continue to be excited about the Gold Chain project, as announced on June 22, 2021, our recent work has identified [...]
Gold79 Mines Ltd. is pleased to release results of reprocessed geophysics and provide a permitting update for its Jefferson Canyon Project in Nevada. The geophysics coincides well with both the results from historical drilling and the 2020 geochemical sampling program supporting the potential for Jefferson Canyon to become a significant deposit. Mr. Derek Macpherson, President and CEO states, "The work we have done over [...]
Gold79 Mines Ltd. is pleased to announce that it's common shares have commenced trading on the OTCQB Venture Market in the United States, operated by the OTC Markets Group Inc., under the stock symbol "AUSVF". The Company's common shares will also continue trading on the TSX Venture Exchange under the symbol "AUU". Mr. Derek Macpherson, President, CEO and Director stated, "Having our core projects located in the Southwest [...]
Gold79 Mines Ltd. announces the results of its annual and special shareholder meeting held on June 30, 2021. All matters submitted to the shareholders, as set out in the notice of meeting and management information circular dated May 26, 2021, were voted in favor, including the election of directors, the appointment of PricewaterhouseCoopers LLP as the auditor of the Company for the ensuing year, and ratification of the [...]
Gold79 Mines Ltd. is pleased to announce that based on the positive results from initial mapping and sampling in 2021, the Company has again significantly expanded its land package with the staking of 171 new claims. The Gold Chain project now consists of 361 Bureau of Land Management claims covering approximately 2,800 ha and five patented claims covering 37.9 ha. Highlights from the 417 samples reported in this release [...]
Gold79 Mines Ltd. announces that it intends to issue 351,337 common shares of the Company at a deemed value of CDN$0.086 per common share in connection with the US$25,000 second anniversary payment due under the terms of the Jefferson Canyon, Nevada property option agreement. The deemed value is determined by the 20-day volume-weighted average price preceding this announcement. The common shares issued will have a [...]
Gold79 Mines Ltd. is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims that further expands the Company's Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada. Mr. Derek Macpherson, President & CEO, stated, "Mapping [...]
Gold79 Mines Ltd. is pleased to announce that Mr. Derek Macpherson has joined the Company as a full time President and Chief Executive Officer, effective May 1, 2021. With Mr. Macpherson's appointment, Mr. Gary Thompson will assume the role of Executive Chairman, stepping down as CEO. Mr. Gary Thompson, Executive Chairman stated, "I am pleased to welcome Derek to this lead role on the Gold79 management team and was [...]
Gold79 Mines Ltd. announces that it has closed its non-brokered private placement financing raising gross proceeds of $2,210,000 with the issuance of a total of 27,625,000 units at $0.08 per unit . Each unit consists of one common share of the Company and one common share purchase warrant. A total of 27,625,000 warrants were issued entitling the holders to purchase one common share of the Company at a price of $0.12 per [...]
Gold79 Mines Ltd. announces that, as a result of a review by staff of the Ontario Securities Commission, the Company is issuing the following news release retracting and clarifying previous disclosure relating to the Jefferson Canyon Project. The Company's website, corporate presentation and a news release dated January 26, 2021 contained disclosure of an internal mineral resource estimate and related block model [...]
Gold79 Mines Ltd. is pleased to announce that Mr. Derek Macpherson has accepted an appointment to the role of President and Chief Executive Officer of the Company. Mr. Macpherson will formally join the Company in his new role effective May 1, 2021. Mr. Gary Thompson, Executive Chairman and current CEO stated, "I am pleased to welcome Derek to this lead role on the Gold79 management team. I am confident that his capital [...]
Gold79 Mines Ltd. is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to a maximum of $2,000,000, comprising 25,000,000 units, at $0.08 per unit . Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.12 per share for a period of 24 months [...]
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