Gold79 Mines Ltd. is pleased to announce that it is ready to execute a 1,100 meter drill program at its Gold Chain Project, in Arizona in early 2023. The Company has secured a drill contractor and completed site preparation to commence drilling in early 2023. The drill program will focus on following up the high-grade sampling results from Sheep [...]
Gold79 Mines Ltd. is pleased to announce the closing of its non-brokered private placement financing, raising gross proceeds of $947,324 through the issuance of 27,066,401 units at $0.035 per unit. Each unit consists of one common share of the Company and one whole common share purchase warrant. A total of 27,066,401 warrants were issued, with each [...]
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 28,571,428 units , at $0.035 per Unit . Each Unit consists of one common share of the Company and one whole common share purchase warrant . Each Warrant entitles the holder to purchase one common share [...]
Gold79 Mines Ltd. , through its wholly-owned US subsidiary, is pleased to announce an Exploration and Option Agreement with Kinross Gold USA Inc. , a wholly-owned subsidiary of Kinross Gold Corp. on its Jefferson Canyon Gold-Silver Project located in Nye County, Nevada, approximately 7 kilometers from Kinross's Round Mountain operations. Mr. Derek [...]
Gold79 Mines Ltd. is pleased to announce that it has monetized its remaining 20% interest in the Taviche Project in Mexico. Additionally, despite strong support from insiders and existing shareholders for the financing announced July 28, 2022, the Company has determined that it will not proceed with the private placement. As well certain members of [...]
Gold79 Mines Ltd. is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to $500,000, comprising 16,666,667 units , at $0.03 per Unit . Each Unit consists of one common share of the Company and one whole common share purchase warrant . Each Warrant entitles the holder to purchase one common share of [...]
Gold79 Mines Ltd. is pleased to announce that it has completed additional mapping and sampling at the Sheep Trail Mine Area within its Gold Chain project, located in northwest Arizona. Additionally, the Company has completed a virtual tour video of the project, providing an overview of the project and its potential. Click here to start your tour [...]
Gold79 Mines Ltd. announces that it intends to issue 632,400 common shares of the Company at a deemed value of CDN$0.05 per common share in connection with the US$25,000 third anniversary payment due under the terms of the Jefferson Canyon, Nevada property option agreement with Thorsen-Fordyce Merchant Capital Inc. The common shares issued will [...]
Gold79 Mines Ltd. is pleased to announce that it has a completed a mapping and sampling program of the 200 foot level of the Tyro mine. Results from the chip-channel sampling returned similar grades and widths to the fall 2021 drill program, approximately 600 metres south of that drilling. Sampling highlights: 25.4m at 2.53 g/t gold 12.7m at 2.44 [...]
Gold79 Mines Ltd. has recently obtained additional historical drill hole data for its Jefferson Canyon project in Nevada. These newly acquired results confirm the current geologic model. In addition, Gold79 is pleased to provide an update on the current permitting program for the Company's maiden drill program at Jefferson Canyon. "New" Historical [...]
Gold79 Mines Ltd. is happy to provide an update to investors on its plans for 2022 and to recap its 2021 accomplishments. Key 2021 Highlights: On the back of impressive gold results and mapping, the Company tripled the land package at the Gold Chain Project in Arizona including adding three sets of patented claims that now form the core of the [...]
Gold79 Mines Ltd. is pleased to announce the purchase of the Sheep Trail Group of patented claims and reports the initial sampling results from these claims. The patented ground, covering 113.2 acres, is immediately east of the Banner patented claims. It encompasses an extensively altered and mineralized zone which has been traced for over 1.2 [...]
