GOLD79 Samples 2.53 g/t Gold over 25.4 m from the Underground Workings at the Tyro Mine on the Gold Chain Project
Ottawa, Ontario--(Newsfile Corp. - April 28, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has a completed a mapping and sampling program of the 200 foot level ("200L") 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 (chip-channel sample)12.7m at 2.44 g/t gold (chip-channel sample)Mr. Derek...
2022-04-28 7:00 AM EDT
Gold79 Releases Newly Obtained Historical Drill Results and Provides a Permitting Update for Jefferson Canyon
Ottawa, Ontario--(Newsfile Corp. - April 7, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 Drill Hole Highlights: Angled drill holes across the B Zone are highlighted...
2022-04-07 7:00 AM EDT
Gold79 Recaps 2021 and Provides 2022 Outlook
Ottawa, Ontario--(Newsfile Corp. - January 31, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 project (Figure 1).Completed the...
2022-01-31 7:00 AM EST
Gold79 Acquires the Sheep Trail Patented Claims at Its Gold Chain Project and Reports 51.9 g/t Gold from Initial Sampling
Ottawa, Ontario--(Newsfile Corp. - January 13, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 (Figure 1). It encompasses an extensively altered and mineralized zone which has been traced for over 1.2 kilometres within the Sheep Trail block,...
2022-01-13 7:00 AM EST
Gold79 Announces Agreement for Investor Awareness Campaign with INN
Ottawa, Ontario--(Newsfile Corp. - December 29, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") announces that it has retained Dig Media Inc. dba Investing News Network ("INN") to provide investor relations services for the Company in accordance with the policies of the TSX Venture Exchange. INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007. Under the terms of the contract for this...
2021-12-29 7:00 AM EST
Gold79 Announces Closing of Private Placement Financing
Ottawa, Ontario--(Newsfile Corp. - December 16, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") announces that it has closed its non-brokered private placement financing raising gross proceeds of $1,293,704 with the issuance of a total of 21,561,733 units at $0.06 per unit (the "Offering"). Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 10,780,866 warrants were issued entitling the holders to purchase one common...
2021-12-16 7:00 AM EST
Gold79 Announces Private Placement Financing of up to $2,000,000
Ottawa, Ontario--(Newsfile Corp. - November 15, 2021) - 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 $2,000,000, comprising 33,333,333 units (each a "Unit"), at $0.06 per Unit (the "Offering"). Each Unit consists of one common share of the Company and one-half of one common share purchase warrant (each whole warrant a "Warrant"). Each Warrant entitles the holder to...
2021-11-15 7:00 AM EST
GOLD79 Intersects 10.68 g/t Gold over 3.1m at Its Gold Chain Project in Arizona
Ottawa, Ontario--(Newsfile Corp. - November 2, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce additional results from its recently completed 16 hole drill program at the Gold Chain project in western Arizona. The remaining 12 holes (852 meters) highlighted in this release were focused on the northwestern-most 2 kilometers of the 10 km North Oatman trend which includes the historical Roadside mine and the Banner mine to the southeast (Figure 1).HighlightsDrilling...
2021-11-02 7:00 AM EDT
Gold79 Drills 21.3m of 2.0 g/t Gold at the Tyro Target at Its Gold Chain Project in Arizona
Ottawa, Ontario--(Newsfile Corp. - October 25, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce preliminary results for the first four drill holes (223 meters) from its recently completed 16 hole program at the Gold Chain project in western Arizona. The four holes highlighted in this release were drilled across the northernmost exposures of the Tyro target and tested broadly mineralized surface exposures at depths from 20 to 40 meters below the...
2021-10-25 9:32 AM EDT
GOLD79 Further Consolidates its Gold Chain Land Position with Agreement for Tyro Patented Claims and Provides Sampling Results
Ottawa, Ontario--(Newsfile Corp. - September 27, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Tyro Group patented claims and results of initial sampling from the Tyro claims. The claims, covering 57.4 acres, are immediately northeast of the Banner patented claims (Figure 1). The Tyro claims were subject to historical mining as recently as the 1980's (Figure 2)...
2021-09-27 7:00 AM EDT
Drilling Underway at Gold79's Gold Chain Project in Arizona
Ottawa, Ontario--(Newsfile Corp. - September 20, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce that it commenced drilling on September 17, 2021 at its Gold Chain Project in Arizona. To date, 5 holes have been completed at the Roadside Mine area and the drill is in the process of being moved to the Banner Mine area. The program is expected to comprise approximately 1,500m testing several near-surface targets.Mr. Rob Johansing, Vice President Exploration,...
2021-09-20 7:00 AM EDT
Gold79 Prepares for Maiden Drill Program at Gold Chain Project
Ottawa, Ontario--(Newsfile Corp. - September 13, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it expects to start drilling at its Gold Chain Project in Arizona this week as the drill rig is enroute to the project. The program is anticipated to be at least 13 holes following up on our recent sampling success on the Banner patents (Figure 1) and the historical drilling at the Roadside mine (Figure 2)....
2021-09-13 7:00 AM EDT
Gold79 Completes Third Anniversary Option Payment for Gold Chain Project, Arizona
Ottawa, Ontario--(Newsfile Corp. - July 29, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") announces that it has completed the third anniversary payments due under the Gold Chain project option agreement with the payment of US$30,000 in cash and the issuance of 744,711 common shares at a deemed value of US$48,000 (CDN$60,322).Mr. Derek Macpherson, President, CEO and Director stated, "We continue to be excited about the Gold Chain project, as announced on June 22, 2021,...
2021-07-29 7:00 AM EDT
Gold79 Provides an Update on Permitting and Geophysics at Its Jefferson Canyon Project
Ottawa, Ontario--(Newsfile Corp. - July 23, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to release results of reprocessed geophysics and provide a permitting update for its Jefferson Canyon Project in Nevada. The geophysics coincides well with both the results from historical drilling and the 2020 geochemical sampling program supporting the potential for Jefferson Canyon to become a significant deposit.Mr. Derek Macpherson, President and CEO states, "The work we have done over the...
2021-07-23 7:00 AM EDT
Gold79 Commences Trading on the OTCQB Venture Market Under the Symbol AUSVF
Ottawa, Ontario--(Newsfile Corp. - July 8, 2021) - July 8, 2021 - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it's common shares have commenced trading on the OTCQB Venture Market (the "OTCQB") in the United States, operated by the OTC Markets Group Inc., under the stock symbol "AUSVF". The Company's common shares will also continue trading on the TSX Venture Exchange under the symbol "AUU".Mr. Derek Macpherson, President, CEO and Director...
2021-07-08 7:00 AM EDT
Gold79 Announces AGM Results and Stock Option Grant
Ottawa, Ontario--(Newsfile Corp. - July 2, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces the results of its annual and special shareholder meeting held on June 30, 2021. All matters submitted to the shareholders, as set out in the notice of meeting and management information circular dated May 26, 2021, were voted in favor, including the election of directors, the appointment of PricewaterhouseCoopers LLP as the auditor of the Company for the ensuing year, and...
2021-07-02 7:00 AM EDT
Gold79 Doubles Land Position After Successful Sampling at the Gold Chain Project
Ottawa, Ontario--(Newsfile Corp. - June 22, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce that based on the positive results from initial mapping and sampling in 2021, the Company has again significantly expanded its land package with the staking of 171 new claims. The Gold Chain project now consists of 361 Bureau of Land Management claims covering approximately 2,800 hectares and five patented claims covering 37.9 hectares (Figure 1). Highlights from the 417...
2021-06-22 7:00 AM EDT
Gold79 Issues Shares for Jefferson Canyon Anniversary Payment
Ottawa, Ontario--(Newsfile Corp. - May 28, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces that it intends to issue 351,337 common shares of the Company at a deemed value of CDN$0.086 per common share in connection with the US$25,000 second anniversary payment due under the terms of the Jefferson Canyon, Nevada property option agreement (the "Agreement"). The deemed value is determined by the 20-day volume-weighted average price preceding this announcement. The common shares issued will have...
2021-05-28 5:01 PM EDT
Gold79 Secures an Agreement for the Banner Group Patented Claims and Provides Corporate Update
Ottawa, Ontario--(Newsfile Corp. - May 14, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims (see March 17, 2021 press release) that further expands the Company's Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.Mr....
2021-05-14 7:00 AM EDT
Gold79 Announces Derek Macpherson as President and CEO and Provides Corporate Update
Ottawa, Ontario--(Newsfile Corp. - May 3, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce that Mr. Derek Macpherson has joined the Company as a full time President and Chief Executive Officer, effective May 1, 2021. With Mr. Macpherson's appointment, Mr. Gary Thompson will assume the role of Executive Chairman, stepping down as CEO. Mr. Gary Thompson, Executive Chairman stated, "I am pleased to welcome Derek to this lead role on the Gold79 management...
2021-05-03 7:00 AM EDT