Gold79 Mines Ltd. announced that Mr. Peter Mercer has been appointed as an independent director effective April 19, 2023. Mr. W. William (Bill) Boberg has stepped down as a director but will remain as an advisor. As a seasoned industry leader, Mr. Mercer will strengthen Gold79's Board of Directors.

Mr. Mercer's knowledge and experience in mineral exploration, permitting, construction, and mine development will be a great asset to Gold79. He brings years of expertise from his recent role as Vice President at Rambler Metals and Mining plc, where he provided technical oversight, stakeholder engagement and managed corporate development and strategic initiatives. Mr. Mercer recently joined American Pacific Mining Corp.

as Senior Vice President, Advanced Projects. Peter is experienced in the exploration and development of volcanic massive sulphide ("VMS") and epithermal gold deposits. He has previously held the role of General Manager of the Ming Copper-Gold Mine in Newfoundland and Labrador.

Before that, he worked as an exploration geologist helping successfully advance several projects in Labrador, including the Michelin uranium deposit, the Kami Project, and the Ming Mine. Mr. Mercer is a professional geologist and holds a Bachelor of Science from Memorial University of Newfoundland and Labrador.