79North Inc. - Additional High Grade Rock Chip Samples Up To 27.98 Grams Gold Per Tonne at the Witlage Gold Zone, Nassau Gold Project, Suriname

TORONTO, April 20, 2021 (GLOBE NEWSWIRE) -- 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) (“79North” or the “Company”) is pleased to announce results from 33 additional rock chip samples from the Witlage Gold Zone (see Table 1), one of four key target areas identified on the Company’s large, 20,000-hectare Nassau Gold Project in Suriname (Exhibit 1).

Table 1. Summary of rock chip sample results from the Witlage gold zone (samples greater than 2.5 ppm gold from 33 samples collected)

Sample	Type	Description	Au ppm (g/t)
31112	Rock chip panel	Quartz vein stockwork in mafic sequence, trace chalcopyrite, and pyrite boxworks	27.98
41059	Rock chip panel	Quartz vein stockwork in gabbroic host rock, with pyrite boxworks	5.903
41062	Rock chip panel	White glassy 10-20 cm quartz vein with hematite after pyrite	3.165
41066	Rock chip panel	Quartz vein stockwork within mafic host rock, vein is highly fractured with pyrite boxworks in veins and host rock	13.90
41067	Rock chip panel	Quartz vein in shear zone along mafic dike, highly fractured, hematite gossan in sheared host rock	5.043
41071	Rock chip panel	Quartz vein stockwork in mafic sequence, pyrite boxworks	2.603
41076	Rock chip panel	Stock work quartz veins with pyrite and gossan. Purplish FeOx pigmentation, very fractured	4.364
41077	Rock chip panel	Second vein parallel to 41076	2.602
41078	Rock chip panel	3rd vein parallel to 41076, with purplish gossan	4.460

The Company’s 70%-owned Nassau gold project is located 20 kilometres south of Newmont Corporation’s Merian gold mine and 60 kilometres east of Iamgold Corporation’s Rosebel gold mine. The Nassau gold project has similar geological stratigraphy and structures as both the Rosebel and Merian gold mines (see Press Release August 11, 2020 https://79north.ca/wp-content/uploads/2020/12/11-August- commencement-of-exploration-at-Nassau-gold-project-FINAL.pdf).