79 Resources Ltd. reported that it has engaged Precision GeoSurveys Inc. to complete additional geophysical exploration work at its Five Point Copper-Gold Project located near Houston, British Columbia. Commencement of the planned 206 line-kilometre survey is anticipated to start this week and is scheduled to be flown on the basis of 190m line-spacing (the “Phase III Geophysical Survey”). The Phase III Geophysical Survey will focus on a western portion of the Five Point Copper-Gold Project and is slated to be flown at a nominal
flight height of 50 m above ground (plus/minus allocated variances). The geophysical survey coverage area is expected to constitute approximately 36 sq km and is focused on certain licenses held by the Corporation being approximately 3,633 ha in size, northeast border of the planned coverage area starting contiguous to the claim boundary with Harvest Gold Corp.'s 56 sq km Emerson project, where drilling by Harvest Gold commenced this past week. The additional winter 2022 geophysical work being performed by the Corporation's geophysical service provider supplements the Phase I and Phase II geophysical exploration work done by 79 Resources at its Five Point Copper-Gold Project during 2021.