79North Inc. Acquires Lithium (LCT) Pegmatite Projects in Ontario
TORONTO, Sept. 27, 2023 (GLOBE NEWSWIRE) — 79North Inc. (CSE: JQ; FRA: 6120) (“79North” or the “Company”) is pleased to announce it has acquired 100% interest in two claim blocks with a total area of 980 hectares (the “Caribou Project”) in the area of the Seymour and Crescent Lake pegmatite groups in northern Ontario. The claims are approximately 25 kilometres northeast of the town of Armstrong which is 250 kilometres north of Thunder Bay and accessible by paved Highway 527 and the Canadian National Railway. The claims were staked on the Company’s behalf by President and Chief Executive Officer, Jon North, and have now been transferred to the Company. The Caribou Project is free from any property payments, work commitments (other than those required under the Mining Act (Ontario) to maintain the claims in good standing), or royalties.