Vancouver, British Columbia – February 16th, 2021 – 79 Resources Ltd. (CSE: SNR) ("79 Resources" or the “Company”) announces it has completed an airborne magnetic survey on the Louise Lake project located in central B.C., approximately 35 kilometers west of the town of Smithers in the Omineca mining division. Pioneer Exploration Consultants Ltd. were engaged to perform the program.
The Drone-MAG survey was flown at 100m line spacing and altitude of 50m using a Gem Systems GSMP-35U magnetometer. The survey crew accessed the site using snowmobiles on existing logging roads and collected a total of 40 line km of data at a ground speed of 10m/s for complete property coverage. The data collected will be interpreted and analyzed for use in future work programs being discussed at this time by SNR management.
About 79 Resources Ltd.
79 Resources is a recently formed junior mining exploration company. Its objective is to acquire, explore and develop precious and base metal properties of merit.
ON BEHALF OF THE BOARD
Steven Feldman Director
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FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).