Gold79 Mines Ltd. is pleased to announce a planned drill program at the Greyhound project located in Nunavut, Canada. In May, project operator Agnico Eagle Mines Ltd. will initiate a diamond drilling program focused on three priority target areas with the objective of identifying gold-bearing structures or veins at two targets and VMS-type mineralization at another target area. The planned drilling program will comprise [...]
Gold79 Mines Ltd. is pleased to announce results from the recent surface exploration work on its Gold Chain Project in Mohave County, Arizona. The Gold Chain project is located in a historic gold mining district in western Arizona. Several companies are advancing the exploration and development of epithermal gold deposits within and adjacent to the Oatman Mining District. Over 2 million ounces of gold have been produced [...]
Gold79 Mines Ltd. is pleased to announce changes to its board of directors with the appointment of Mr. Paul Carrêlo as an independent director effective February 12, 2021. Mr. Derek Macpherson has stepped down as a director of the Company in order to focus on his new role as Senior Vice-President, Investment Banking at Red Cloud Securities Inc. Mr. Carrêlo brings extensive resource investment, mining and investment [...]
Gold79 Mines Ltd. is pleased to provide results from its recently completed soil geochemical survey at its Tip Top Gold-Silver Project located in Nye County within the Walker Lane gold belt of southern Nevada USA. Chairman Gary Thompson stated, "Our recent exploration work at the Tip Top Project has identified a northeast-trending, multi-kilometre long gold-in-soil anomaly. This anomaly encompasses the known gold [...]
Gold79 Mines Ltd. is pleased to provide an update on its Jefferson Canyon Project located 7 km east from the Round Mountain Gold Mine in Nevada USA. Chairman & CEO Gary R. Thompson stated, "Our work at Jefferson Canyon continues to highlight the significant potential of this asset. Our recently identified 4 square kilometre gold-in-soil anomaly, along with compilation of historical data suggests that this is an advanced [...]
Gold79 Mines Ltd. is pleased to provide results from a property-wide soil geochemical survey on its Jefferson Canyon Project located 7 km east from the Round Mountain Gold Mine in Nevada USA. Chairman Gary R. Thompson stated, "We are delighted with the significant extent and intensity of the gold and silver soil anomalies at the Jefferson Canyon Project. While previous exploration in the 1980's completed geophysical [...]
Gold79 Mines Ltd. announces that Minaurum Gold Inc. and its wholly owned subsidiary, Minera Minaurum Gold SA de CV have entered into an option agreement with Fortuna Silver Mines Inc. and Fortuna's wholly owned subsidiary, Compania Minera Cuzcatlan SA de CV , pursuant to which CMC can earn up to an 80 percent interest in the Taviche silver project located in Oaxaca, Mexico. Details with respect to this option agreement [...]
Gold79 Mines Ltd. announces that it has closed its non-brokered private placement financing raising gross proceeds of $288,500 with the issuance of a total of 2,885,000 units at $0.10 per unit . Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 1,442,500 warrants were issued entitling the holders to purchase one common share of the Company at a price of $0.15 per [...]
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 20,000,000 units, at $0.10 per unit . Each unit consists of one common share of the Company and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one common share of the Company at a price of $0.15 per share for a period of [...]
Gold79 Mines Ltd. is pleased to provide an update on the Jefferson Canyon Project , Nevada and announces that an extensive soil geochemical survey of 3,000 samples over the entire project was recently completed with results pending. The JCP comprises 57 unpatented claims located about 7.5 km northeast of Kinross' Round Mountain gold mine . The JCP contains a large volcanic-hosted epithermal Au-Ag system that is similar in [...]
Gold79 Mines Ltd. is pleased to announce it has significantly increased the size of the Tip Top Gold Project, Nevada with the staking of 121 new claims. This new staking has expanded the land position at Tip Top from 22 claims to a total of 143 claims covering approximately 1,062 hectares . Figure 1. Location of the Tip Top project showing both the original and expanded land positions. To view an enhanced version Figure [...]
Gold79 Mines is pleased to announce changes to its board of directors with the appointment of Mr. Derek Macpherson as an independent director effective September 23, 2020. In order to create a vacancy on the board of directors for this appointment, Mr. Robert Johansing has stepped down as a director but remains a member of management in his role as Vice-President of Exploration. Mr. Macpherson brings technical and capital [...]
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