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...
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...
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....
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
Gold79 Announces Closing of Oversubscribed Private Placement Financing Raising $2.2 Million
Ottawa, Ontario--(Newsfile Corp. - April 12, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces that it has closed its non-brokered private placement financing raising gross proceeds of $2,210,000 with the issuance of a total of 27,625,000 units at $0.08 per unit (the "Offering"). Each unit consists of one common share of the Company and one common share purchase warrant. A total of 27,625,000 warrants were issued entitling the holders to purchase one common share of...
2021-04-12 2:07 PM EDT
Gold79 Retracts and Clarifies Technical Disclosure Regarding the Jefferson Canyon Project
Ottawa, Ontario--(Newsfile Corp. - March 30, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces that, as a result of a review by staff of the Ontario Securities Commission, the Company is issuing the following news release retracting and clarifying previous disclosure relating to the Jefferson Canyon Project. The Company's website, corporate presentation and a news release dated January 26, 2021 contained disclosure of an internal mineral resource estimate and related...
2021-03-30 4:43 PM EDT
Gold79 Announces Appointment of Derek Macpherson as President and CEO
Ottawa, Ontario--(Newsfile Corp. - March 24, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce that Mr. Derek Macpherson has accepted an appointment to the role of President and Chief Executive Officer of the Company. Mr. Macpherson will formally join the Company in his new role effective May 1, 2021. Mr. Gary Thompson, Executive Chairman and current CEO stated, "I am pleased to welcome Derek to this lead role on the Gold79 management team. I am...
2021-03-24 8:00 AM EDT
Gold79 Announces Private Placement Financing of up to $2,000,000
Ottawa, Ontario--(Newsfile Corp. - March 22, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to a maximum of $2,000,000, comprising 25,000,000 units, at $0.08 per unit (the "Offering"). Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.12...
2021-03-22 8:00 AM EDT
Gold79 Announces Drill Program in May 2021 at Three Target Areas, Greyhound Project, Nunavut
Ottawa, Ontario--(Newsfile Corp. - March 19, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce a planned drill program at the Greyhound project located in Nunavut, Canada. In May, project operator Agnico Eagle Mines Limited ("Agnico Eagle") will initiate a diamond drilling program focused on three priority target areas with the objective of identifying gold-bearing structures or veins at two targets and VMS-type mineralization at another target area. The...
2021-03-19 8:00 AM EDT
Gold79 Stakes Extensive Zone of Oxide Gold Mineralization at Gold Chain, Signs Letter of Intent on Patented Claims and Receives Drill Permit
Ottawa, Ontario--(Newsfile Corp. - March 17, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce results from the recent surface exploration work on its Gold Chain Project in Mohave County, Arizona. The Gold Chain project is located in a historic gold mining district in western Arizona. Several companies are advancing the exploration and development of epithermal gold deposits within and adjacent to the Oatman Mining District. Over 2 million ounces of gold...
2021-03-17 8:00 AM EDT
Gold79 Announces Director Appointment and Stock Option Grant
Ottawa, Ontario--(Newsfile Corp. - February 12, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce changes to its board of directors with the appointment of Mr. Paul Carrêlo as an independent director effective February 12, 2021. Mr. Derek Macpherson has stepped down as a director of the Company in order to focus on his new role as Senior Vice-President, Investment Banking at Red Cloud Securities Inc. Mr. Carrêlo brings extensive resource investment,...
2021-02-12 8:00 AM EST
Gold79 Outlines a Large Gold-in-Soil Anomaly at its Tip Top Project, Nevada
Ottawa, Ontario--(Newsfile Corp. - February 5, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to provide results from its recently completed soil geochemical survey at its Tip Top Gold-Silver Project located in Nye County within the Walker Lane gold belt of southern Nevada USA. Chairman Gary Thompson stated, "Our recent exploration work at the Tip Top Project has identified a northeast-trending, multi-kilometre long gold-in-soil anomaly. This anomaly encompasses...
2021-02-05 8:00 AM EST
Gold79 Outlines a Significant Exploration Target for Its Jefferson Canyon Gold-silver Project, Nevada
Ottawa, Ontario--(Newsfile Corp. - January 26, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to provide an update on its Jefferson Canyon Project located 7 km east from the Round Mountain Gold Mine in Nevada USA. Chairman & CEO Gary R. Thompson stated, "Our work at Jefferson Canyon continues to highlight the significant potential of this asset. Our recently identified 4 square kilometre gold-in-soil anomaly (see press release, Jan. 12, 2021), along with...
2021-01-26 8:00 AM EST
Gold79 Outlines a Four Square Kilometre Gold-In-Soils Anomaly at its Jefferson Canyon Project, Nevada
Ottawa, Ontario--(Newsfile Corp. - January 12, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to provide results from a property-wide soil geochemical survey on its Jefferson Canyon Project located 7 km east from the Round Mountain Gold Mine in Nevada USA. Chairman Gary R. Thompson stated, "We are delighted with the significant extent and intensity of the gold and silver soil anomalies at the Jefferson Canyon Project. While previous exploration in the 1980's...
2021-01-12 8:00 AM EST
Fortuna Silver Mines Enters into Option Agreement for Taviche Project, Mexico
Ottawa, Ontario--(Newsfile Corp. - January 8, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces that Minaurum Gold Inc. and its wholly owned subsidiary, Minera Minaurum Gold SA de CV ("MGG") have entered into an option agreement with Fortuna Silver Mines Inc. and Fortuna's wholly owned subsidiary, Compania Minera Cuzcatlan SA de CV ("CMC"), pursuant to which CMC can earn up to an 80 percent interest in the Taviche silver project located in Oaxaca, Mexico. Details...
2021-01-08 8:00 AM EST
Gold79 Announces Closing of Private Placement Financing
Ottawa, Ontario--(Newsfile Corp. - November 26, 2020) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces that it has closed its non-brokered private placement financing raising gross proceeds of $288,500 with the issuance of a total of 2,885,000 units at $0.10 per unit (the "Offering"). Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 1,442,500 warrants were issued entitling the holders to purchase one common share...
2020-11-26 4:00 PM EST
Gold79 Announces Private Placement Financing of up to $2,000,000
Ottawa, Ontario--(Newsfile Corp. - October 19, 2020) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to a maximum of $2,000,000, comprising 20,000,000 units, at $0.10 per unit (the "Offering"). Each unit consists of one common share of the Company and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one common share of the Company at a...
2020-10-19 8:00 AM EDT
Gold79 Completes Soil Geochemical Survey and Provides Update on the Jefferson Canyon Project, Nevada
Ottawa, Ontario--(Newsfile Corp. - October 15, 2020) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to provide an update on the Jefferson Canyon Project ("JCP"), Nevada and announces that an extensive soil geochemical survey of 3,000 samples over the entire project was recently completed with results pending. The JCP comprises 57 unpatented claims located about 7.5 km northeast of Kinross' Round Mountain gold mine (see Figure 1). The JCP contains a large...
2020-10-15 8:00 AM EDT
Gold79 Expands Land Position, Conducts Geological Mapping and Rock-Soil Geochemical Surveys at the Tip Top Gold Project, Nevada
Ottawa, Ontario--(Newsfile Corp. - September 29, 2020) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") is pleased to announce it has significantly increased the size of the Tip Top Gold Project, Nevada with the staking of 121 new claims. This new staking has expanded the land position at Tip Top from 22 claims (173 hectares) to a total of 143 claims covering approximately 1,062 hectares (Figure 1).
2020-09-29 8:00 AM EDT