- Business
- 79North Inc. (TSXV: JQ) is a Canadian mineral exploration company focused on the discovery and development of high-grade gold and base metal deposits in established mining districts. The company holds a portfolio of exploration properties including the North Wind Lake Gold Property and the Scorpion Zinc Property in Ontario's Red Lake Mining District, as well as interests in the Whitehorse copper-gold property in Yukon Territory; its core activities encompass geological mapping, geophysical surveys, diamond drilling programs, and resource delineation to advance projects toward potential development. Founded in 2021 and headquartered in Toronto, Ontario, 79North targets institutional and retail investors in the junior mining sector, with operations concentrated in Canada.
The company's primary services include technical reporting compliant with National Instrument 43-101 standards, stakeholder engagement with First Nations communities, and strategic permitting for exploration activities. It offers exposure to polymetallic mineralization, particularly zinc-lead-silver-gold systems at Scorpion and high-grade gold zones at North Wind Lake. 79North serves mining companies, prospectors, and investment funds seeking early-stage opportunities in Tier 1 jurisdictions.
In the past two years, 79North completed a C$4.5 million private placement financing in 2024 to fund expanded drilling at North Wind Lake, revealing significant high-grade gold intercepts including 22.75 g/t over 3.0 meters. The company entered a strategic alliance with local First Nations for the Whitehorse project in early 2025, enhancing community support and access. Additionally, it launched a Phase II drill program at Scorpion Zinc in Q3 2025, intersecting massive sulphide zones and outlining a 1.2 km strike length for further resource expansion.