Gold79 Secures an Agreement for the Banner Group Patented Claims and Provides Corporate Update
Gold79 Mines Ltd. is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims 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. Derek Macpherson, President & CEO, stated, …
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.
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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. Derek Macpherson, President & CEO, stated, Mapping and sampling to date have revealed that the Banner claims occupy an important part of the recently identified zone of gold mineralization hosted by rhyolite dikes. The Banner mine, developed in 1916, followed this mineralization up to 100 meters below the surface along the dike s contact. Additionally, we view these 93 acres as strategic to the Company as they help de-risk a future development scenario and provide immediately accessibl