Gold79 Mines Ltd.

Recent News

  • Gold79 Commences Drilling with Improved Understanding from Geophysical Interpretation at Its Gold Chain Project

    Ottawa, Ontario--(Newsfile Corp. - January 12, 2023) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce the completion and analysis of an airborne magnetic and radiometric survey over its Gold Chain project located in Mohave Co., NW Arizona. The survey was conducted in March, 2022 by Goldspot Discoveries Corp. over the entire Gold Chain block. Additionally, the Company is pleased to announce that it has commenced the planned 1,100m drill program at Gold...

    2023-01-12 7:00 AM EST
  • Gold79 Is Set to Drill Its Gold Chain Project in Early 2023

    Ottawa, Ontario--(Newsfile Corp. - December 21, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 Trail and demonstrating the strike...

    2022-12-21 7:00 AM EST
  • Gold79 Announces Closing of Private Placement Financing

    Ottawa, Ontario--(Newsfile Corp. - November 21, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 warrant entitling the holder to purchase...

    2022-11-21 7:00 AM EST
  • Gold79 Announces Private Placement Financing of up to $1,000,000

    Ottawa, Ontario--(Newsfile Corp. - November 7, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 (each a "Unit"), at $0.035 per Unit (the "Offering"). Each Unit consists of one common share of the Company and one whole common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share...

    2022-11-07 7:00 AM EST
  • Gold79 Signs Exploration and Option Agreement with Kinross on its Jefferson Canyon Project, Nevada

    Ottawa, Ontario--(Newsfile Corp. - October 13, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (the "Company" or "Gold79"), through its wholly-owned US subsidiary, is pleased to announce an Exploration and Option Agreement (the "Agreement") with Kinross Gold USA Inc. ("Kinross"), a wholly-owned subsidiary of Kinross Gold Corporation (TSX: K) (NYSE: KGC) on its Jefferson Canyon Gold-Silver Project located in Nye County, Nevada, approximately 7 kilometers from Kinross's Round Mountain operations. Mr. Derek Macpherson, President & CEO, stated, "We are...

    2022-10-13 7:00 AM EDT
  • Gold79 Monetizes Minority Interest in Taviche Project

    Ottawa, Ontario--(Newsfile Corp. - August 17, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (the "Company") 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 management have agreed to loan the Company up to CDN$230,000.Mr. Derek...

    2022-08-17 7:00 AM EDT
  • Gold79 Announces Private Placement Financing of up to $500,000 and Issues Shares for Gold Chain Anniversary Payment

    Ottawa, Ontario--(Newsfile Corp. - July 28, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 (each a "Unit"), at $0.03 per Unit (the "Offering"). Each Unit consists of one common share of the Company and one whole common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share...

    2022-07-28 7:00 AM EDT
  • Gold79 Returns 19.52 g/t Au over 3.7m From the Sheep Trail Mine Area at its Gold Chain Project and Presents the Gold Chain Project Virtual Tour

    Ottawa, Ontario--(Newsfile Corp. - June 8, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 (https://youtube/jbbtqC5wmG8).

    2022-06-08 7:00 AM EDT