E79 Resources Corp. announces that Martin Pawlitschek will assume the role of interim President and Chief Executive Officer effective immediately. Mr. Pawlitschek is currently a Director and a founder of the Company. He is an international mining professional with over 20 years of experience and has held key management positions with a number of junior explorers, private equity investment funds, majors and development [...]
E79 Resources Corp. is pleased to provide an update on drilling at the Happy Valley Gold Prospect in Victoria, Australia. Rory Quinn, E79's President and Chief Executive Officer stated, "Significant visible gold has been observed in two recently completed drill holes in ongoing drilling at Happy Valley. While assays are pending, and drilling continues, we feel that we are beginning to get a better understanding of the [...]
E79 Resources Corp. is pleased to announce that it has entered into a consulting agreement with Adelaide Capital to provide investor relations consulting services to the Company in compliance with the policies and guidelines of the Canadian Securities Exchange and applicable legislation. Rory Quinn, E79's President and Chief Executive Officer stated, "As we embark on a very busy period of work over the next 6-12 months [...]
E79 Resources Corp. is pleased to report that all remaining assay results have now been received from holes HVD002 and HVD003 from the first round of exploration drilling and that the Company has initiated a follow up drilling program at the Happy Valley Gold Prospect on its Myrtleford property in Victoria, Australia. Rory Quinn, E79's President and Chief Executive Officer stated, "We are pleased to report that all [...]
E79 Resources Corp. is pleased to report on an application for an additional Exploration License along the trend of historical gold workings that include its Happy Valley Mining Centre on its Myrtleford property in Victoria, Australia. As a consequence of ongoing exploration activities and the spectacular assay results received from the first phase of drilling at Happy Valley , the Company has applied for an additional [...]
E79 Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds of $8,000,000. The Company has issued 8,000,000 common shares at a price of $1.00 per common share, which included a lead order of $5,000,000 from Eric Sprott, and a $3,000,000 order from a strategic investment fund. Rory Quinn, E79's President and Chief Executive Officer [...]
E79 Resources Corp. is pleased to announce it has arranged a non-brokered private placement financing at a price of $1.00 per share for gross proceeds of $8,000,000, including a lead order of $5,000,000 from Eric Sprott, and a $3,000,000 order from a strategic investment fund. Rory Quinn, Chief Executive Officer of the Company, stated: "This financing represents a landmark for financing for the Company, and we very much [...]
E79 Resources Corp. is pleased to report initial assay results received from the first two drill holes at its Happy Valley Gold Prospect on its Myrtleford property in Victoria. Drill hole HVD002: 0.70m @ 99.00 g/t Au from 94.90m downhole Drill hole HVD003: 0.60m @ 147 g/t Au from 165.20m downhole 11.10m @ 160.45 g/t Au from 190.40m downhole including: 0.60m @ 2,430 g/t Au from 190.40m 3.00m @ 126 g/t Au from 198.50m Rory [...]
E79 Resources Corp. is pleased to report that it has received all requisite consents to begin drilling at its Beaufort Property. The Company plans to commence maiden diamond drilling this month to test high-priority soil geochemical targets. The drilling program forms part of a pipeline of exploration activities on its Beaufort Property consisting of reconnaissance soil sampling, in-fill sampling to define targets, local [...]
E79 Resources Corp. is pleased to announce that it has contracted Red Cloud Financial Services to provide the Company with a range of investor relations services. Red Cloud is a Toronto-based financial services company that provides assistance in accessing capital markets. Red Cloud will assist in broadening our shareholder base by providing access to their network of retail brokers and investment advisors, high net-worth [...]
E79 Resources Corp. is pleased to report the discovery of additional gold mineralization including visible gold within the Company's second exploration drill hole at the Happy Valley Gold Prospect on its Myrtleford property in Victoria, Australia. This current discovery is adding significant evidence to the company's geological model that gold deposition is controlled by deep seated structural controls and as such gold [...]
E79 Resources Corp. is pleased to report results from in-fill soil sampling over the high priority target areas on the Beaufort Project in Victoria, Australia. In-fill sampling to the top of weathered bedrock was conducted on 25m x 25m grids in three locations, designed to test both north-northwest and east-west anomalous trends defined by the previously reported soil geochemistry program, as well as isolated geochemical [...]
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