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Gold79 Mines Secures Funding for Arizona Drilling
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Gold79 Mines Secures Funding for Arizona Drilling

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Gold79 Mines (TSE:AUU) has released an update.

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Gold79 Mines Ltd. successfully raised $2.19 million in the first tranche of its private placement, gearing up for a rigorous drilling program at its Gold Chain project in Arizona. The funds will enable the company to commence a 1,000m core drilling campaign aimed at defining a maiden resource at the Tyro Main Zone, with drilling expected to start later this month and conclude in Q4 2024.

For further insights into TSE:AUU stock, check out TipRanks’ Stock Analysis page.

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