E79 RESOURCES DRILLS 11.10M OF 160.45 G/T GOLD AT THE HAPPY VALLEY PROSPECT, VICTORIA, AUSTRALIA

Vancouver, B.C., June 14, 2021. E79 Resources Corp. (CSE: ESNR, OTCQB: ESVNF) (“E79” or the “Company”) is pleased to report initial assay results received from the first two drill holes (April 27, 2021) at its Happy Valley Gold Prospect on its Myrtleford property in Victoria, Australia.

DRILLING HIGHLIGHTS

Drill hole HVD002:

0.70m @ 99.00 g/t Au from 94.90m downhole

Drill hole HVD003:

0.60m @ 147 g/t Au from 165.20m downhole

11.10m @ 160.45 g/t Au from 190.40m downhole including:

0.60m @ 2,430 g/t Au from 190.40m

3.00m @ 126 g/t Au from 198.50m

Rory Quinn, E79’s President and Chief Executive Officer stated, “Our drill program at Happy Valley was designed to test for down-dip extensions of previously mined high-grade (~31g/t Au) quartz vein structures. The first two drill holes at Happy Valley confirm extension of mineralized structures substantially below known historic mining levels. HVD002 intersecting gold roughly 60m beneath known historic mining and HVD003 intersecting gold roughly 80m below that.

Confirmation of a section of visible gold assaying at over 78 ounces per tonne (2,430 g/t Au) demonstrates the high-grade potential of the Victorian Goldfields. The presence of four other intersections assaying greater than 3 ounces per tonne demonstrates this is not a ‘one hit wonder’ at Happy Valley. Happy Valley sits within a ~7km corridor of historic gold mines at Myrtleford and that is one of 5 distinct corridors of historic gold mines observed on our Myrtleford property.”