Element 29 Resources announces that due to strong investor demand for its non-brokered private placement previously announced on Nov 28, 2022, the Company has agreed to increase the size of the offering by up to 1,475,000 units of the Company, for aggregate gross proceeds of up to $1,545,000. Under the Offering, up to 7,725,000 Units may be issued at a price of $0.20 per Unit in the manner previously disclosed. The [...]
Element 29 Resources Inc. announces that the Company intends to complete a non-brokered private placement of up to 6,250,000 Units at a price of $0.20 per Unit for aggregate gross proceeds of up to $1,250,000 . Each Unit comprises one common share of Element 29 and one-half non-transferable common share purchase warrant. Each whole Warrant will be exercisable for a common share at an exercise price of $0.30 and will [...]
Element 29 Resources Inc. announces that the Company's common shares have been listed for trading on the Bolsa de Valores de Lima as of November 16, 2022 under the ticker symbol "ECU". Kallpa Securities S.A.B. in Lima, Peru acted as Element 29's sponsoring broker for the BVL listing. Steve Stakiw, President and CEO of Element 29, comments, "We are pleased to list our common shares on the Lima Stock Exchange as we advance [...]
Inferred Mineral Resource of 321.7 million tonnes grading 0.32% copper, 0.03% molybdenum and 2.6 g/t silver with a low 0.74:1 strip ratio Element 29 Resources Inc. has filed the independent technical report in connection with an initial Inferred Mineral Resource Estimate at its Elida Porphyry Copper Deposit in west-central Peru . The technical report, titled, "NI 43-101 Technical Report Mineral Resource Estimation of the [...]
Element 29 Resources Inc. announces it has commenced an approximately 2,000 metre Phase 2 drill program at its Elida Copper Deposit in west-central Peru . Elida is a porphyry copper-molybdenum system located 85 kilometres inland from the coast at a moderate elevation of 1,600 m and is road accessible with excellent infrastructure for potential mine development and operation. Steve Stakiw, Element 29's President and CEO [...]
Inferred Mineral Resource of 321.7 million tonnes grading 0.32% copper, 0.03% molybdenum and 2.6 g/t silver with a low 0.74:1 strip ratio Element 29 Resources Inc. announces the completion of an initial independent Inferred Mineral Resource estimate at its Elida porphyry copper-molybdenum deposit in west-central Peru. This Mineral Resource was completed on just one of five porphyry centres at Elida and provides a solid [...]
Element 29 Resources Inc. announces results of the final three holes from the recently completed 4,532 metre , twelve-hole drill program at the Flor de Cobre Copper Project located in southern Peru . Flor de Cobre Drilling Highlights Drillhole FDC011, located along the northwest margin of the permitted drilling area intersected 329.4 m of 0.56% copper from 183.1 m, including 100.1 m of 0.99% Cu of enriched mineralization [...]
Element 29 Resources Inc. announces results of the final four twinned holes from the recently completed 4,500 metre , twelve-hole drill program at the Flor de Cobre Copper Project located in southern Peru . The Company is awaiting results from the last three angled drill holes of the program that tested the primary copper sulphide mineralization potential below the supergene enrichment blanket to depths of more than 500 [...]
Element 29 Resources Inc. announces results of three additional drill holes from the recently completed 4,500 metre , twelve-hole drill program at the Flor de Cobre Copper Project located in southern Peru . Steve Stakiw, Element 29's President and CEO comments, "These latest Flor de Cobre drill results continue to demonstrate strong correlation with historical holes and adds confidence to our planned initial mineral [...]
Element 29 hosts webinar to review the Flor de Cobre project at 12:00pm ET April 20, 2022- click HERE Element 29 Resources Inc. is pleased to announce results from its two initial drill holes of the 4,000 metre , eleven-hole drill program at the Flor de Cobre Copper Project located in southern Perú . Steve Stakiw, Element 29's President and CEO, comments, "We are very encouraged by how similar the results of these first [...]
Element 29 Resources Inc. is pleased to announce the appointment of Steve Stakiw as President, Chief Executive Officer and a Director of the Company. The appointment is effective April 11, 2022. Richard Osmond, Chairman, comments, "On behalf of the Board and management team we are very excited to have Steve join and lead Element 29. His experience growing companies and working in Peru will enable the Company to continue [...]
Element 29 Resources Inc. has granted an aggregate of 2,345,000 stock options to directors, officers, employees and consultants of the Company in accordance with the Company's incentive stock option plan, subject to regulatory acceptance. These incentive stock options are exercisable at $0.57 per share for a period of five years. The Company also announces that it has granted an aggregate of 300,000 deferred share units [...]
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