79North Inc. is pleased to report the results of sixteen diamond drill holes, totalling 1,477 metres of drilling, at the Nassau Gold Project, Suriname. The results of the first five drill holes were previously reported June 27, 2022. The drill holes tested a 1 kilometre strike length of the Witlage Gold Zone . The best drilling intersection was in [...]
79North Inc. is pleased to announce that it has completed a first tranche of the non-brokered private announced by the Company on June 29, 2021. The first tranche of the Offering consists of 11,200,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of $560,000. Each Unit consists of one common share of the Company [...]
79North is pleased to announce a non-brokered private placement of up to 14,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to $700,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase [...]
79North Inc. is pleased to report the results of the first five drill holes of the Phase 2 drilling program of the Nassau gold project, Suriname, with hole NP-22-05 cutting multiple zones of gold mineralization on the Witlage gold zone including 2.2 metres grading 2.00 grams tonne gold. It is anticipated that approximately 20 drill holes in total [...]
79North Inc. is pleased to report that it has discovered two new gold occurrences in the Witlage area of the Nassau gold project. The newly discovered 6 occurrence is 900 metres south of the Witlage shear zone and consists of a quartz vein stockwork in argillite with samples containing up to 7.39 grams gold per tonne. The newly discovered Marinara [...]
79North Inc. is pleased to report that it has discovered a new gold occurrence (the “Ziti” Occurrence) with surface samples containing up to 15.51 grams gold per tonne in a structural corridor that has a strike length of at least 600 metres. The new gold occurrence will be tested with approximately four drill holes as part of the ongoing Phase 2 [...]
79North is pleased to announce the appointment of Eric Klein to its Board of Directors. Mr. Klein is currently President of Klein Advisory Services Inc., a firm that focuses on business strategy, complex mergers, acquisitions, divestitures and financings for mid-sized Canadian corporations. With more than 35 years of experience, he focuses on [...]
79North is pleased to report that it has commenced Phase 2 drilling for up to 2,000 metres of diamond drilling at the high grade Witlage target of the Nassau gold project, Suriname. Since the completion of drilling in 2021 the commencement of this phase of drilling has been delayed recently by six weeks because of transportation delays at the ferry [...]
79North Inc. is pleased to report that it has entered into a drilling contract for up to 2,000 metres of diamond drilling at the high grade Witlage target of the Nassau gold project, Suriname. Witlage Target In 2021, drilling intersections were obtained in altered and sheared volcanic rocks, fine-grained felsic intrusive rocks, and fine-grained [...]
79North Inc. is pleased to announce successful drilling results from the Nassau gold project, Suriname, confirming the presence of near surface high-grade gold in oxidized saprolite and sheared and hydrothermally altered volcanic rocks including assay results up to 338.20 grams gold per tonne over 1.50 metre in saprolite and 99.58 grams gold per [...]
79North Inc. is pleased to announce that it has completed the previously announced non-brokered private placement of the Company consisting of an aggregate of 5,668,300 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $850,245. The Offering closed in two tranches, the first occurring on August 17, 2021 and the [...]
79North Inc. is pleased to provide an update on the progress of the drilling program at the Carbonara gold zone of the Nassau Gold Project, Suriname and the first drill core photos. The Carbonara gold zone consists of three new gold occurrences named Brodino, Arrabiata, and Puttanesca which outlined extensive gold mineralization with grades up to [...]
