Gold79 Mines Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022

Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The Company is focused on building ounces in the Southwest United States (U.S). It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. It holds 100% earn-in option to purchase agreements on three gold projects: the Jefferson Canyon Gold project and the Tip Top Gold project both located in Nevada, U.S, and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. The Tip Top Gold project is located at the north end of the White Mountains, five miles south of Montgomery Pass, which is on United States Highway 6 between Bishop, California, and Tonopah, Nevada. The Gold Chain project consists of around 379 Bureau of Land Management claims covering 3,058 hectares (ha) and 15 patented claims covering 107 ha.