Element 79 Gold announces that the Company wishes to raise up to $400,000 through a non-brokered private placement of Units of the Company at a purchase price of $0.23 per Unit. Each Unit will be comprised of one common share of the Company and one common share purchase warrant . Each Warrant will be exercisable for one Common Share at a price of $0.35 per Common Share for two years from the date of issuance. The proceeds [...]
Element79 Gold Corp. is pleased to provide further insight into its environmental, social and governance efforts, including ongoing social initiatives with the Chachas Community local to the Lucero mine. Chachas Community Engagement Element79 remains steadfast in its commitment to sustainable and responsible mining practices, recognizing the pivotal role of community engagement in project success. In line with this [...]
Element79 Gold Corp. is pleased to announce that the Company's principal regulator, the British Columbia Securities Commission has lifted the Management Cease Trade Order it had previously granted the Company on January 2, 2024 under National Policy 12-203 Management Cease Trade Orders , as the Company has now successfully completed all requisite filings for its Annual and Interim Financials. Revoking the MCTO means [...]
Element79 Gold Corp. is pleased to announce that today it has filed its annual financial statements in respect of its First Quarter ending November 30, 2023, its management discussion and analysis relating to its annual financial statements, and the CEO and CFO certifications . The Filings are available on SEDAR+ as well as the CSE website. As previously announced, the Company was under a voluntary management cease trade [...]
Element79 Gold Corp. is pleased to announce that today it has filed its annual financial statements in respect of its year ended August 31, 2023, its management discussion and analysis relating to its annual financial statements, and the CEO and CFO certifications . The Filings are available on SEDAR+ as well as the CSE website. As previously announced, the Company was under a voluntary management cease trade order for [...]
Element79 Gold Corp. is pleased to announce the final results of the 2023 work campaign that SLM Resource Group completed at the Lucero mine project in Arequipa, Peru. HIGHLIGHTS: ELEM's 2023 focus was on identifying and revisiting historic workings at the past-producing Lucero mine where previous commercial production came from: Apacheta, Pillune and Sando Alcalde Areas. A total of 72 chip samples were collected as part [...]
Element79 Gold Corp. is pleased to announce the final results of the 2023 work campaign that SLM Resource Group completed at the Lucero mine project in Arequipa, Peru. HIGHLIGHTS: ELEM's 2023 focus was on identifying and revisiting historic workings at the past-producing Lucero mine where previous commercial production came from: Apacheta, Pillune and Sando Alcalde Areas. A total of 72 chip samples were collected as part [...]
Element79 Gold Corp. is pleased to announce additional underground chip sample assay results from the 2023 work campaign at the Pillune Area of the Lucero mine project in Arequipa, Peru. HIGHLIGHTS: Assays from 2023 underground grab- and channel samples completed by SLM Resource Group from the Pillune Area of the past-producing Lucero mine project have been received, reviewed and reporting here Multi-ounce Gold and [...]
Element 79 Gold Corp announces that is has completed an LOI with Compañía de Minas Buenaventura S.A.A. that is a significant stride toward realizing reanimating and generating revenue from its flagship past-producing Lucero property, near Chachas, Arequipa, Peru. A Transformative Move, Element 79 Gold Corp has signed a Letter of Intent with Compañía de Minas Buenaventura S.A.A. that paves the way for the sale of ore from [...]
Element79 Gold Corp. announces that it has reached agreement with Condor Resources Inc. to revise the payment terms on a payment due December 21, 2023 of US$500,000 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 [...]
Element79 Gold announces that it has reached agreement with Condor Resources Inc. to revise the payment terms on a payment due December 21, 2023 of US$500,000 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, the owner of the Lucero project. Element79 and Condor have agreed to reschedule the [...]
Element 79 Gold is pleased to provide an update on the proposed sale of the the Company's Maverick Springs Project to Green Power Minerals Pty as previously announced in the Company's press releases dated August 31, 2023 and October 23, 2023. Pursuant to the option agreement entered into with Green Power Minerals dated August 28, 2023 Green Power Minerals has paid both the initial option fee and the extension fee for an [...]