Gold79 Mines Ltd. is pleased to announce the closing of a second tranche of its previously announced $6,000,000 non-brokered private placement financing , raising gross proceeds in the first and second tranche of $5,500,000 through the issuance of 22,000,002 units at $0.25 per unit. "This financing has been an excellent opportunity for key [...]
Gold79 Mines Ltd. is pleased to announce that it has engaged Kin Communications Inc. to assist with its investor relations activities. Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term [...]
Gold79 Mines Ltd. is pleased to announce that it has commenced drilling at its Gold Chain Project in Arizona. This next phase of drilling is expected to consist of seven core holes totaling approximately 1,000m. Derek Macpherson, Executive Chairman, CEO and Director stated, "We are excited to continue drilling at Gold Chain following up on the [...]
Gold79 Mines Ltd. is pleased to announce that Quentin Mai has been appointed President of Gold79 and Brodie Sutherland has been appointed to the board of directors, effective October 15, 2024, subject to TSXV approval. In conjunction, with these appointments, Derek Macpherson has become Executive Chairman and remains Chief Executive Officer and [...]
Gold79 Mines Ltd. is pleased to announce the closing of a first tranche of its previously announced $4,000,000 non-brokered private placement financing , raising gross proceeds of $2,190,000 through the issuance of 8,760,000 units at $0.25 per unit. Each unit consists of one common share of the Company and one-half common share purchase warrant. A [...]
Gold79 Mines Ltd. is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of $4,000,000 . Gold79 is pursuing the Offering in connection with its previously announced proposed amalgamation agreement with its wholly-owned subsidiary and Bullet Exploration Inc. to acquire all of the issued and outstanding [...]
Gold79 Mines Ltd. and Bullet Exploration Inc. are excited to have entered into a definitive amalgamation agreement dated September 3, 2024, whereby Gold79 has agreed to acquire all of the issued and outstanding common shares of Bullet . The Transaction will create a well-funded gold exploration company focused on the southwest United States. The [...]
Gold79 Mines Ltd. has received an Acceptance Letter from the United States Forest Service for its Plan of Operations to explore the Jefferson Canyon Project in Nevada. The Acceptance Letter indicates that the USFS believes that the POO submitted is acceptable based upon studies and documentation submitted to date. The next steps include [...]
Gold79 Mines announces that the Company intends to issue 306,396 common shares of the Company in connection with a US$48,000 share payment due under the option agreement covering a portion of the Company's landholdings for the Gold Chain project. The common shares issued will have a statutory hold period of four months and one day from the date of [...]
Gold79 Mines is pleased to announce that it has received the assay results from its recently completed trenching program along the Tyro Main Zone which has confirmed our understanding of the geology, added new potential high-grade targets for the next drill campaign and extended the zone along strike to the northeast. Highlights from the program [...]
Gold79 Mines announces with great sadness the passing last week of the Company's longest standing Director, Dr. James M. Franklin. Dr. Franklin, or Jim to his many colleagues across academia and the minerals industry, served as a Director of Gold79 and its predecessor Aura Resources, from its inception in 2003. In 1996, Jim was elected a Fellow of [...]
Gold79 Mines is pleased to announce that it has completed a trenching program along the Tyro Main vein including mapping and sampling as announced on May 2, 2024. A total of 15 trenches were completed over 358 m. Results are pending from the 217 samples taken. Assay results are expected in 4 to 6 weeks. Preliminary results from the work completed [...]
