Additional High-Grade Values Continue to Support the Project's Robust Potential VANCOUVER, BC / TheNewswire / May 14, 2024 - Element79 Gold Corp. reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver . Key Highlights: Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected [...]
Sustainable Development Leader to Bolster Element79's Strategic Vision VANCOUVER, BC / TheNewswire / May 13, 2024 - Element79 Gold Corp. is pleased to announce the appointment of Mr. Warren Levy to its advisory board. With a wealth of experience in sustainability and natural resources operations, Mr. Levy brings a profound understanding of the challenges associated with the industry. His appointment highlights Element [...]
Element79 Gold proudly announces the successful exercise of the Binding Option Agreement with Sun Silver Limited for the closing of the sale of the Maverick Springs Project to Sun Silver. Highlights Since Acquisition in 2021, the Company has worked to advance the project, including an updated 43-101 compliant inferred resource of 3.71Mozi AuEq. In seeking funding partners for the development of the Maverick Springs [...]
Element79 Gold Corp. provides an update on recent social affairs development and ongoing initiatives with the Chachas community at its Lucero project. Fostering Collaboration with Artisanal Miners As part of Element79's ongoing efforts and community engagement, the Company's community relations team recently organized a coordination meeting with artisanal miners from Lomas Doradas during the month of April. The meeting [...]
Element79 Gold Corp. reports additional results from the most recent underground and surface sampling of its flagship Lucero property. These geochemical assays of exploration samples continue to support the immense potential housed within Element 79's crown jewel. "The data obtained is not just promising; it's the cornerstone upon which our future endeavors will be built," said James Tworek, CEO of Element 79. "These [...]
Element79 Gold Corp. The Company is pleased to announce that it has closed its final round of capital raising efforts, announcing that that the previously initiated non-brokered Private Placement of Equity Units was met with overwhelming investor interest, resulting in an oversubscription. While the Company had originally set out to raise CAD $400,000, it had garnered capitalization commitments surpassing the initial [...]
Element79 Gold announces that it has reached agreement with Condor Resources to revise the payment terms on a payment due March 31, 2024 of US$375,000 with respect to the Lucero project. Element79 are the owner of Calipuy Resources, and assumed Calipuy's obligations to acquire the shares of Condor's subsidiary, Minas Lucero del Sur S.A.C., the owner of the Lucero project. Element79 and Condor have agreed to restructure [...]
Element79 Gold is pleased to announce that it has been invited to present at the Emerging Growth Conference on April 3, 2024 The next Emerging Growth Conference is presenting today, April 3, 2024. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's CEO and Director, James C. Tworek in real time. Mr. Tworek will perform a [...]
Further to the Corporation's previous Financings announcement, Element79 is pleased to announce the successful completion of its second tranche of its placement for an addition $300,075 of funding through its Non-Brokered Private placement. This second tranche of closing will see the Company issue a total of 1,304,674 Units for this tranche. The second tranche of the placement was largely subscribed to by a strategic [...]
Element79 Gold Corp. is pleased to provide additional updates on recent efforts on its Lucero property, further highlighting the flagship project's vast potential. The latest underground mapping and channel sampling efforts on Element79's Lucero property have revealed additional insights, surpassing initial expectations. Accessible historical working, originally estimated at just 2.5 km, has been significantly. Recent [...]
Element79 Gold Corp. announces an amendment to its Binding Option Agreement for the Maverick Springs Project. This amendment follows a productive negotiation with Green Power Minerals. The original agreement dated August 28, 2023, and announced August 31 and October 23, 2023, has been updated to reflect the evolving interests and continued collaboration between the parties . This Variation comes after the Agreement was [...]
Element79 Gold Corp. is pleased to unveil updates on strategic initiatives aimed at bolstering the Company's financial position and enhancing shareholder value. Completion of Share for Debt Settlements and Debt Conversion Pursuant to its previous press releases the Company is pleased to announce that it has, through the approved shares for debt settlements, cleared a total of $3.76 million in in corporate debt allowing [...]