Four Nines Signs Marketing Contract

Rhea-AI Summary

Four Nines Gold (CSE:FNAU)(OTC:FNAUF) has partnered with Senergy Communications Capital for digital marketing services. The two-month contract, starting October 25, 2024, aims to increase awareness of the company and its Hayden Hill project. The agreement costs $90,000 plus GST and may be extended by mutual consent. Hayden Hill, a former producing mine in Northern California, has seen 99,862 meters of drilling across 742 holes but no systematic exploration since 1997. Four Nines has the right to acquire 100% of the mine from a Kinross Gold USA subsidiary.

Positive

• Company secured drill permits from Lassen County for the Hayden Hill project
• Project located on private land, potentially streamlining development process
• Extensive historical drilling data available (99,862 meters across 742 holes)

Negative

• Significant marketing expense of $90,000 plus GST for a short two-month period
• No systematic exploration conducted at the site since 1997
• Company still in process of acquiring the property, doesn't yet have 100% ownership

VANCOUVER, BC / ACCESSWIRE / October 27, 2024 / Four Nines Gold Inc. ("Four Nines" or the "Company") (CSE:FNAU)(OTC:FNAUF) is pleased to announce it has formed a partnership with Senergy Communications Capital Inc. Senergy is a digital marketing firm that will assist with on-line communications and strategies with the goal of increasing awareness of the Company and its Hayden Hill project. This collaboration is set to enhance Four Nine's visibility and bolster the strategic growth initiatives of the Company.

Senergy Communications Capital Inc.

Senergy has been retained for an initial term of two months ("Term") with an anticipated start date of Oct. 25, 2024, to assist the Company in raising investor awareness. The agreement may be extended additional Terms by mutual written consent of the parties. In consideration for the services provided by Senergy, the Company has agreed to pay a fee of $90,000 plus GST for the term. The fees to Senergy will be used for co-ordinating and carrying out marketing of the Company and for general awareness of the Company and will also cover expenses and costs for media distribution, and advertising.

To the Company's knowledge, Senergy and its principal Aleem Fidai does not have any interest, directly or indirectly, in Four Nines or any right or intent to acquire such an interest. The agreements with Senergy are arm's-length service provider contracts and subject to Canadian Securities Exchange approval.

About Four Nines Gold Inc.

Four Nines Gold Inc. has a world class exploration team and the right to acquire 100% of the Hayden Hill Mine from a Kinross Gold USA Inc subsidiary. The Company is exploring and developing a project in mining-friendly Northern California. Hayden Hill is a former producing mine, that was explored through 99,862 meters of drilling in 742 holes and has had no systematic property exploration since the mine closed in 1997. The Hayden Hill project is located on private land and drill permits have been received from Lassen County. The Four Nines exploration team's objective is to expand the zones of know higher-grade mineralization, both vertically and horizontally. For more information, please contact the Company at info@fourninesgold.ca or visit our website at www.fourninesgold.ca for project updates and related background information.

ON BEHALF OF THE BOARD OF DIRECTORS

FOUR NINES GOLD INC.

Charles Ross
President
1000 - 409 Granville Street
Vancouver, BC, V6C 1T2
Tel: 604.602.0001

Forward-looking statements

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Statements and information that are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. Forward-looking statements and the assumptions made in respect thereof involve known and unknown risks, uncertainties, and other factors beyond the Company's control. Forward-looking statements in this press release include statements regarding beliefs, plans, expectations, or intentions of the Company. Mineral exploration is highly speculative and characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. Forward-looking statements in this press release are made as of the date herein. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this press release are reasonable, undue reliance should not be placed on such statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

SOURCE: Four Nines Gold Inc.

View the original press release on accesswire.com

FAQ

What is the value of Four Nines Gold's (FNAUF) marketing contract with Senergy Communications?

Four Nines Gold will pay Senergy Communications Capital $90,000 plus GST for a two-month marketing contract starting October 25, 2024.

How many drill holes were completed at Four Nines Gold's (FNAUF) Hayden Hill project?

The Hayden Hill project has historical drilling data from 742 holes totaling 99,862 meters.

When was the last systematic exploration conducted at Four Nines Gold's (FNAUF) Hayden Hill mine?

The Hayden Hill mine has not had any systematic exploration since the mine closed in 1997.