Gold79 Mines is pleased to announce the completion of the previously announced three-cornered amalgamation with Bullet Exploration and 1492834 B.C. Ltd., Gold79's wholly-owned subsidiary has been completed. The Transaction and the recently completed financing by Gold79 has created a well-funded gold exploration company focused on the prolific Tier 1 Walker Lane mining district of Nevada and Arizona. The Company will [...]
Gold79 Mines is pleased to announce the closing of the final tranche of its previously announced $6,000,000 non-brokered private placement financing, raising aggregate gross proceeds of $6,110,000 through the issuance of 24,440,002 units at $0.25 per unit. "This final tranche, which was oversubscribed, strengthens Gold79's position as it accelerates exploration and pursues opportunities to enhance shareholder value in a [...]
Gold79 Mines is pleased to announce the closing of a second tranche of its previously announced $6,000,000 non-brokered private placement financing, raising gross proceeds in the first and second tranche of $5,500,000 through the issuance of 22,000,002 units at $0.25 per unit. "This financing has been an excellent opportunity for key investors to acquire meaningful positions as we resume drilling at Gold Chain and advance [...]
Gold79 Mines is pleased to announce that it has engaged Kin Communications Inc. to assist with its investor relations activities. Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term relationships with shareholders, investment professionals, newsletter writers, and [...]
Gold79 Mines is pleased to announce that it has commenced drilling at its Gold Chain Project. This next phase of drilling is expected to consist of seven core holes totaling approximately 1,000m. Derek Macpherson, Executive Chairman, CEO and Director stated, "We are excited to continue drilling at Gold Chain following up on the drilling success from 2023. Importantly, the first hole of this new program will test below [...]
Gold79 Mines Ltd. is pleased to announce that Quentin Mai has been appointed President of Gold79 and Brodie Sutherland has been appointed to the board of directors, effective October 15, 2024, subject to TSXV approval. In conjunction, with these appointments, Derek Macpherson has become Executive Chairman and remains Chief Executive Officer and Gary Thompson has stepped-down as Executive Chairman. Both Mr. Macpherson and [...]
Gold79 Mines Ltd. is pleased to announce the closing of a first tranche of its previously announced $4,000,000 non-brokered private placement financing , raising gross proceeds of $2,190,000 through the issuance of 8,760,000 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 4,380,000 whole warrants were issued, with each warrant entitling [...]
Gold79 Mines Ltd. is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of $4,000,000 . Gold79 is pursuing the Offering in connection with its previously announced proposed amalgamation agreement with its wholly-owned subsidiary and Bullet Exploration Inc. to acquire all of the issued and outstanding shares of Bullet . The Transaction and the Offering are expected to create a [...]
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 be focused on delivering a maiden resource at its Gold Chain project in [...]
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 consultation with both the public and state heritage agency, along with other reviews [...]
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 issuance. This shares-for-debt transaction remains subject to TSX-V [...]
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 include: Confirmed the geologic model where the White Spar Fault intersects [...]