Seventy Ninth Resources Announces Successful First Reconnaissance at McKellar Copper-Zinc and Enable Gold Projects

Successful reconnaissance and initial sampling program completed at McKellar and Enable projects.

Introductory meetings conducted with stakeholder First Nation communities.

Historical grades from McKellar show up to 4.73% copper, 32.3% zinc and 678 g/t silver.

Historical workings from McKellar located and sampled, confirming previous high-grade results.

Sampling at Enable conducted along strike from previous high-grade zones, with results up to 7.04g/t and 5.25 g/t gold.

Will Slater, Chief Geologist of Seventy Ninth Resources said, “The reconnaissance program at both McKellar and Enable has been very encouraging, identifying multiple promising areas of interest and follow-up targets at both projects. We have successfully defined key priority zones and put into place clear, next steps to advance both projects.”

“At McKellar, sampling was focused around areas of historical small-scale mining where previous sampling returned grades of 32.3% zinc and 678g/t silver. The geological setting and historical sampling indicate that McKellar is prospective for Volcanogenic Massive Sulphide (“VMS”) style base metal mineralisation,” Slater added.

“At Enable, a geological contact zone between granite and metavolcanics/metasediments was sampled along strike from previous areas, which returned grades including 7.04 g/t, 5.25 g/t and 2.04 g/t gold. The program covered approximately 1 km of the 5 km long contact zone.”

Natalie Bellis, CEO of Seventy Ninth Resources said, “We are excited by our initial visit to Enable and McKellar projects and we look forward to receiving the assay results shortly. The visit to the area also gave us the opportunity to introduce the Company to members of the First Nation communities who are key stakeholders on these projects. We look forward to developing these relationships into strong long-term partnerships as the projects become more advance.”

McKellar Location

McKellar is a 12.5 sq km base metal project located in Ontario, Canada. The project is situated immediately north of the Trans Canada Highway, approximately 25 km west of Marathon. The project is located 55 km west of Barrick’s Hemlo gold mine and 25 km west of Generation Mining’s Marathon Deposit (palladium and copper). Mineralization hosted on these mines and projects is not necessarily indicative of mineralization hosted at McKellar. Access to the project is via helicopter, however during the recent reconnaissance, tracks suitable for All Terrain Vehicles (“ATV’s”) were identified close to priority targets.

McKellar Project Geology and Mineralization

The McKellar project is situated in the Schreiber-Hemlo greenstone belt and is prospective for VMS style base metals mineralization. The project’s geology is interbedded felsic and mafic metavolcanics and metasediments located in the hinge zone of a fold. The project is host to numerous historical small-scale workings which are believed to targeting silver mineralisation.

Enable Location

Enable is an 8.7 sq km gold project located in Ontario, Canada. The project is situated just north of Terrace Bay town and it easily accessible by numerous vehicle tracks across the project. The project is located 85 km west of Barrick’s Hemlo gold mine and 55 km west of Generation Mining’s Marathon Deposit (palladium and copper). Mineralization hosted on these mines and projects is not necessarily indicative of mineralization hosted at Enable.

Enable Project Geology and Mineralization

The Enable project is situated in the Schreiber-Hemlo greenstone belt and is prospective for gold mineralization. The project sits at the contact between a granitic igneous intrusion and metavolcanics/metasediments. Historical sampling close to the contact zone has identified high grade gold rock chip samples including 7.04 g/t Au and 5.25 g/t Au.