Additional Results From Program At The Gold Chain

OTTAWA - Gold79 Mines Ltd. reported 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 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.

Highlight include the drilling along the Red Hill Ledge within the Banner claim block was highlighted by 3.1m of 10.68 g/t Au beginning 33.5m below the surface (GC21-08) and 13.7m of 2.56 g/t Au beginning at 1.5m below the surface (GC21-10). Drilling at the Roadside mine prospect intersected 0.98 g/t Au over 21.3m starting 20 meters below the surface (GC21-03). Both prospects are considered highly prospective as they share a similar geologic environment along the approximately 10-kilometer North Oatman trend and are separated by about 2 kilometers of strongly altered and widely veined rhyolite dike complex.

Derek Macpherson, President & CEO, said, "I consider our maiden drill program at Gold Chain to be a huge success. These results demonstrate economic grades over 2km of the 10km North Oatman trend. Our previously released results from Tyro returned broad zones of shallow mineralization at good grades. We plan to follow-up this drill program with additional drilling, further sampling, mapping along the trend and geophysics as we work towards generating a maiden resource at Gold Chain."