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79North Inc. Completes LiDAR Survey and Accelerates Ground Exploration Program at the Nassau Gold Project

Exhibit 1

Location of exploration targets of the Nassau gold project, Suriname.
Location of exploration targets of the Nassau gold project, Suriname.
Location of exploration targets of the Nassau gold project, Suriname.

TORONTO, Oct. 15, 2020 (GLOBE NEWSWIRE) — 79North Inc. (CSE: JQ) (“79North” or the “Company”) is pleased to announce completion of the LiDAR survey and acceleration of the exploration program that commenced in August on the Nassau gold project in the Republic of Suriname.

The Nassau gold project is a 20,000-hectare under explored property 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 and 79North has identified three areas of potential gold mineralization, which will be the subject of further exploration, plus an area of high grade gold-bearing surface rock samples, that surround a central

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