Gold79 Discovers New High-Grade Zone at Tyro, Intersecting 9.1m of 51.09 g/t Au Within a Broad Zone of Gold Mineralization at Its Gold Chain Project in Arizona
Ottawa, Ontario--(Newsfile Corp. - February 28, 2023) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is excited to announce the completion of its Phase 2 drilling campaign and the analytical results from its Gold Chain project in Mojave County, Arizona. The program consisted of 12 reverse circulation (RC) drill holes totaling 956 metres (m) testing the Tyro, Sheep Trail and Boulevard mine targets with about 50 percent of the drilling focused on the Tyro vein...
2023-02-28 7:00 AM EST
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...
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...
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...
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...
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...
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
Gold79 Issues Shares for Jefferson Canyon Anniversary Payment
Ottawa, Ontario--(Newsfile Corp. - June 1, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") 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 have a statutory hold period of four months...
2022-06-01 4:00 PM EDT
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...
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...
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 maiden...
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...
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...
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...
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...
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...
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...
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...
2021-09-27 7:00 AM EDT