79North Discovers New Gold Occurrence and Additional Drilling Target With Grab Samples Up to 15.51 Grams Gold Per Tonne at the Nassau Project, Suriname

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) (“79North” or the “Company”) is pleased to report that it has discovered a new gold occurrence (the “Ziti” Occurrence) with surface samples containing up to 15.51 grams gold per tonne in a structural corridor that has a strike length of at least 600 metres. The new gold occurrence will be tested with approximately four drill holes as part of the ongoing Phase 2 drilling at the Nassau gold project.