4.460
The Company’s 70%-owned Nassau gold project is located 20 kilometres south of Newmont Corporation’s Merian gold mine and 60 kilometres east of Iamgold Corporation’s Rosebel gold mine. The Nassau gold project has similar geological stratigraphy and structures as both the Rosebel and Merian gold mines (see Press Release August 11, 2020 https://79north.ca/wp-content/uploads/2020/12/11-August-commencement-of-exploration-at-Nassau-gold-project-FINAL.pdf).
The results of the initial forty-five rock chip samples from the Witlage Target were described in an earlier press release (https://79north.ca/wp-content/uploads/2021/01/79North-publishes-initial-sampling-results-from-the-Nassau-Project.pdf). This Press Release describes the results from an additional 33 samples collected at the Witlage Target.
Witlage Gold Zone
O3 Mining to Drill 250,000 Metres at Marban and Alpha in 2021-2022
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79North Inc : First Sampling Results From the Nassau Gold Project, Suriname, Delineates 300 Metre Long Gold Zone With Rock Chip Samples Containing up to 8 76 Grams Gold per Tonne
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