Element 79 gold corp

Element79 is a gold and precious metals mining and exploration company focused on generating revenue in the near term, along with development of high-potential assets located in favourable, established mining jurisdictions.

The large property includes the high-grade JT Deposit and at least nine 9 other mineral prospects Register or Login to Access Entire Platform. Read More. February 13, January 30, Vancouver, B. December 29,

Element 79 gold corp

Recent work has focused on mapping and surface and underground sampling at the Apacheta area. The following progress has been made:. Image 1 — Updated map outlining mapping and channel sampling progress at the Lucero project. December Further field work is underway at the Lucero site and is expected to complete on or around December 30 th , with the total work program re-generating unavailable historical mapping and data sets, including a significant volume of channel samples along the addits and veins where past production, and current artisanal production is coming from. This data will help the Company develop geological models and both underground and surface-level drilling targets, which the Company intends to form a drilling campaign around in mid Image 2 — Channel samples from the Apacheta vein. The local Chachas community continues to provide invaluable support to our geological team, ensuring seamless mapping and sampling activities. Following on the Company's commitments as outlined in its news release of October 6, it has coordinated the manufacturing of the second batch of HDPE pipes as part of our proactive approach to support the community's infrastructure needs; the delivery of the second part of the piping donation for the Ticlla irrigation program will be complete by December 22, In addition to completing upon its previous social commitments, the field team engages in daily dialogues with local artisanal miners from the upper parts of the mines to strengthen social relations and heighten awareness, facilitating continued entry into the other galleries of the Apacheta region of the project.

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Element79 is a gold and precious metals mining and exploration company focused on generating revenue in the near term, along with development of high-potential assets located in favourable, established mining jurisdictions. We are big believers in gold, and that we believe we're about to enter a bull run in the precious metals sector for a variety of reasons. Element79 Gold Corp is a Canadian-based mining company focused on resource expansion and cash flow generation from its globally-diversified portfolio of properties. The company's Executive Team, Board of Directors and Special Advisors are a group of industry professionals who have constructed premiere mining companies in the past and are looking to replicate their success with Element79 Gold. Element79 Gold's flagship Maverick Springs Project in the northeastern Nevada hosts an inferred resource of 1. The Company's cash-flow generation machine, Lucero Mine is permitted for tpd and planning is underway to bring this high-grade gold mine assets back into production within approximately months from today. A team with a proven track record of building and operating mines, benefiting from decades of experience with global mid tiers and majors. Formerly operated as the Shila mine from to , Lucero consists of 10, hectares located in the Chila mountain range of Southern Peru, which contains several historic high-grade Au-Ag mines that were operated from the late s to Lucero consistently delivered high-grades during its 16 years of operations, and between and reported production averaging approximately 20, ounces of gold and , ounces of silver per year at grades of Element79 Gold's flagship property, the Maverick Springs Project, consists of approximately 4, acres across unpatented claims that straddle the border of Elko County and White Pine County, proximate to the Carlin Trend, a belt of gold deposits approximately 5 miles wide and 40 miles long that is one of the world's richest gold mining districts, having produced more gold than any other mining district in the US.

Element 79 gold corp

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Additional information on sponsorship arrangements will be provided once available. The Company has recently completed an compliant, pit-constrained mineral resource estimate MRE on the flagship Maverick Springs project located in the famous gold mining district of northeastern Nevada. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Cybin Corp 2. Target areas on the properties include arsenic anomalies of 2. Craig Gibson, PhD. A team leader driven by results, Tworek has built his career on successfully executing development and corporate growth targets, exceeding sales objectives, and being mindful to ensure open communication, honesty and integrity with investors and stakeholders. The first hole drilled, DU, intersected a wide, Price History. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Experience to bring the Lucero mine into production and generate revenue in the immediate term. Assay results from historic drill holes are unverified as the core has been destroyed, but information has been gathered from memos, photos and drill logs that contain some, but not all, of the assay results and descriptions.

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The disclosure of technical or scientific information in this press release has been reviewed and approved by Dr. The Exchange's efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity. Hole DU, intersected a wide, The focus of these programs, totalling 5, metres, was on investigating the strike and down-dip extent of vein-hosted orogenic gold mineralization. The approximately 1. Aggregate of Warrants. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Qualified Person Statement All scientific and technical information contained in this news release was prepared and approved by Gregory Isenor, P. A highly experienced management team with a proven track record of success leads Element79 toward fully realizing the potential of its assets. The Bonus Warrants are subject to a four-month plus one-day hold period. Lucero del Sur 28 is a coveted area covering the Roxana vein, a vein dominated by white to hyaline quartz and altered rock clasts, with lesser amounts of limonite patinas, hematite, pyrite and jarosite.