SOUTHPORT, UNITED KINGDOM / ACCESSWIRE / June 14, 2024 / Seventy Ninth Resources has announced the purchase of two gold concessions from the UK listed metals exploration company, First Class Metals PLC ("FCM").

The concessions, known as McKellar and Enable, are located in Marathon and Terrace Bay, in Ontario and represent Seventy Ninth Resources' first gold concession acquisition in Canada since entering into a partnership with First Class Metals PLC. One of the concessions also includes base metals such as zinc and copper.

The purchase of these two concessions comes as Seventy Ninth Resources intends to apply to list on the Toronto Stock Exchange Venture (TSXV).

In 2021, Seventy Ninth Resources became the largest owner of natural resource concessions in West Africa, measured by the number of concessions under development, exploration, and management.

Natalie Bellis CEO, Seventy Ninth Resources commented:

"The concession acquisitions of McKellar and Enable are significant milestones and an exciting step towards building a pipeline of quality, data-verified exploration projects in Canada, particularly as we prepare to list on the TSXV.

"Another exciting aspect is that one of the concessions includes base metals such as zinc and copper, which comes at a time when we are starting to explore opportunities around other metals alongside gold, including manganese and lithium. see & read more on
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