Gold79 Mines Ltd.
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- Gold79 Mines Ltd. (TSXV:AUU; OTCQB:AUSVF), formerly Aura Resources Inc., is a Canada-based junior exploration-stage mining company focused on the acquisition, exploration, and development of gold projects primarily in the Southwestern United States within the prolific Walker Lane gold trend; its main assets include 100% earn-in option or purchase agreements on the Jefferson Canyon gold project in Nevada, a large volcanic-hosted epithermal Au-Ag system located 7.5 km east of Kinross Gold's Round Mountain Mine; the Tip Top gold-silver project in Esmeralda County, Nevada, comprising 22 unpatented mining claims with low-sulfidation oxide gold-silver epithermal veins that historically produced 6,900 ounces of gold; and the Gold Chain project in Arizona near Bullhead City, featuring broad zones of oxide gold mineralization identified through historical drilling such as 16.8m of 1.0 g/t Au; the company also holds minority interests including a 37.1% stake in the Greyhound project in Nunavut, Canada, under joint venture with Agnico Eagle Mines Limited, and a 20% interest in the Taviche project in Oaxaca, Mexico, operated by Minaurum Gold Inc. Headquartered in Manotick, Ontario, with a U.S. subsidiary incorporated in Nevada in 2020, the company incorporated on July 29, 2020, targets major gold producers and investors through partnerships such as those with Kinross at Jefferson Canyon, and operates across Nevada, Arizona, Nunavut, and Mexico. Recent major developments include the completion in November 2024 of a three-cornered amalgamation with Bullet Exploration Inc., creating a consolidated entity with multiple projects and enhanced funding from a $6.1 million financing to advance drilling toward a maiden resource at Gold Chain; final acquisition payment in May 2024 for 100% ownership of Tip Top, subject to a 1% NSR royalty; a $4 million private placement financing in September 2024 tied to the Bullet merger; plans for systematic trenching at Gold Chain's Tyro Main Zone commencing in May 2024; receipt of a plan of operations acceptance for drilling at Jefferson Canyon; a name change announced in late 2024 to West Point Gold Corp. with ticker change to WPG, alongside continuance to British Columbia and a new website launch; and appointment of Quentin Mai as CEO.
West Point Gold Announces Stock Option Grant
Gold79 Engages i2i Marketing Group, LLC for Marketing Program
Gold79 Announces Name Change to West Point Gold; Ticker Symbol Change to "WPG"
Gold79 Appoints Quentin Mai as CEO and Director
Gold79 Announces the Successful Completion of Amalgamation with Bullet Exploration
Gold79 Closes Oversubscribed Final Tranche of Upsized Private Placement for Gross Proceeds of $6,110,000
Gold79 Closes Second Tranche of Upsized Private Placement for Gross Proceeds of $5.5 Million
Gold79 Engages Investor Relations Agency Kin Communications Inc.
Gold79 Starts Drilling at Gold Chain Project, Arizona
Bullet Exploration Files Information Circular in Connection with Proposed Amalgamation With Gold79 Mines Ltd.
Gold79 Appoints Quentin Mai as President and Brodie Sutherland to the Board of Directors and Increases Financing to $6 Million
Derek Macpherson Announces Changes to His Holdings in Gold79 Mines Ltd.
Gold79 Closes First Tranche of Private Placement for $2.19 Million; Prepares for the Start of Drilling at Gold Chain Project, Arizona
Bullet Exploration Announces Amendment to Amalgamation Agreement
Gold79 Announces Private Placement Financing of $4,000,000 in Connection with Bullet Merger and Amendment to Amalgamation Agreement
Gold79 Announces Merger with Bullet Exploration Creating a Stronger Southwest U.S. Gold Explorer
Bullet Exploration Announces Merger with Gold79 Mines
Gold79 Receives Acceptance Letter for Its Plan of Operations to Drill the Jefferson Canyon Project
Gold79 Announces Gold Chain Share Payment
Gold79 Announces Trenching Results from the Tyro Main Zone; Trench 1 Returned 39.7m of 1.14 g/t Au Including 9.5m of 2.08 g/t Au