Gold79 Mines Ltd. Stock Analysis AUU.V

Gold79 Mines Ltd is a CA-based company operating in Metals & Mining industry. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2006-08-21. Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The firm is focused on building ounces in the Southwest United States (U.S.). The company is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. The Company’s gold projects include the Jefferson Canyon Gold project and the Tip Top Gold project, both located in Nevada, U.S., and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. The Tip Top Gold project is located in Esmeralda County, Nevada at the north end of the White Mountains, five miles south of Montgomery Pass, which is on United States Highway 6 between Bishop, California, and Tonopah, Nevada. The Gold Chain project consists of 15 patented claims, covering approximately 282 acres and 379 lode claims on BLM land comprising about 7,480 acres (3,027 Ha).