Vancouver, British Columbia – March 9, 2021 – 79 Resources Ltd. (CSE: SNR) ("79 Resources " or the “Company”) is pleased to welcome Mr. Mitchell E. Lavery, P.Geo to its Advisory Board.
Mr. Lavery has over forty-five years’ experience in exploration and development of mineral projects with a number of major and junior mining companies. Mr. Lavery has been involved in the discovery of massive sulfide and gold deposits in Ontario, gold and lithium in Quebec, and uranium in Saskatchewan. He has worked across North America, South America, in West Africa and Western Europe.
“I am very pleased to join the 79 Resources Ltd. team as a consultant and advisor initially looking at and evaluating the newly acquired Lac Saint Simon property just to the north of the world class Nemaska Lithium deposit in the James Bay Region of northern Quebec. I will also be identifying and evaluating new Lithium opportunities around the world,” said Mr. Lavery.
Mr. Lavery was instrumental in the discovery and initial evaluation of the Bell Creek Gold Mine in Timmins, Ontario; the development and operation of the Joubie Gold Mine, Val-d’Or, Quebec; and the acquisition and development of the Quebec Lithium property, Lacorne, Quebec. He is the President, and a director of Seahawk Gold Corp. and is a Qualified Person under NI-43-101 regulations. He is a member of l'Ordre des géologues du Québec, CIM Harricana and a 40+ year member of the PDAC.
Steven Feldman, CEO and Director commented, "On behalf of the 79 Resources Board and Management, we are very pleased to welcome Mr. Lavery to our Advisory Board. His extensive experience will be an asset to 79 Resources as we continue in our endeavours to build and expand our mineral project portfolio.”
The Company further announces it has set 80,000 options for Mr. Lavery at $0.16 for a period of 2 years in accordance with the Company’s stock option plan.
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).