Gold79 Mines and Bullet Exploration 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 Company will [...]
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 [...]
Gold79 Mines is pleased to announce that it has made the final acquisition payment of US$25,000 to the vendor of the Tip Top project. Gold79 now owns 100% of the Tip Top Project in Nevada. Derek Macpherson, President and CEO stated, "When I joined Gold79 three years ago, my view was that any one of our projects could justify our market [...]
Gold79 Mines is pleased to announce the closing of a first tranche of its non-brokered private placement financing, raising gross proceeds of $718,250 through the issuance of 2,873,000 units at $0.25 per unit. Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 1,436,500 whole warrants were [...]
Gold79 Mines Lis pleased to announce that it has finalized the design for its systematic trenching program along the Tyro Main Zone to follow-up the high-grade drill intercepts from 2023 and better understand the gold distribution along strike. Work is expected to start the week of May 6, 2024. The key objectives of this program are: Better [...]
Gold79 Mines Ltd. announces that further to its news release dated April 11, 2024, Gold79 has received approval from the TSX Venture Exchange for its one-for-10 share consolidation. The consolidation will be effective at market open on April 22, 2024. The Company name will be unchanged and its common shares will continue to trade under the symbol [...]
Gold79 Mines Ltd. is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to $1,000,000, comprising 4,000,000 post-consolidation units , at $0.25 per Unit . Each Unit will consist of one post-consolidation common share of the Company and one-half post-consolidation common share purchase warrant, each [...]
Gold79 Mines Ltd. is pleased to announce that it has defined an exploration target at the Tyro Main Zone, the first potential resource area, on the Gold Chain Project in Arizona . Gold79 believes that the Tyro Main Zone has the potential for 15.6 to 31.2 Mt grading 1.5 to 2.5 g/t Au. This is based on previous exploration on the property, including [...]
