With focused and strategic exploration plans for both its Lucero and Clover projects and the successful sale of its Maverick Springs asset, Element79 has demonstrated a commitment to increasing shareholder value and a compelling case for investors.
Element79 Gold (CSE:ELEM,OTCQB:ELMGF,FSE 7YS0) is an exploration and development mining company with several exciting opportunities for strategic growth. First, is the potential for near-term production through its Lucero project in Peru. The Lucero mine is one of the highest-grade underground mines in Peru’s history and is on the fast track for resource development and production. Additionally, Element79 owns the Clover project in Nevada, creating further opportunities for long-term resource development. Third, and the most exciting business opportunity for the company yet, is the immediate-term resource development and production of the Lucero tailings. This has been facilitated recently by Element79’s agreement, through a letter of intent, with S.M.R.L. PALAZA 16 to purchase and process approximately 1.3 million tons of tailings from previous mines within the current Lucero mine area.
A globally experienced management team with a proven track record of success in developing operational mines leads Element79 Gold toward fully executing these strategic business opportunities.
Lucero is a past-producing, high-grade gold mine ready to reach production quickly. The mine operated between 1989 to 2005. Historic reports between 1998 and 2004 indicate that the mine produced approximately 18,800 ounces of gold and 435,000 ounces of silver per year at a head grade of19 grams per ton (g/t) gold equivalent. An NI 43-101 report prepared by a third party indicates grades up to 116.8 g/t gold equivalent. In addition to the potential of generating cash flow in the near term, the 10,805-hectare Lucero project also has high upside potential for further greenfield exploration.
Peru is considered a relatively stable mining jurisdiction, especially for smaller-scale operations. As mining is an essential aspect of the country’s GDP, Peru has developed a favorable regulatory regime for its mining industry. Element79 Gold is poised to benefit from the pro- mining jurisdiction as it moves the Lucero asset toward production.
Element79 Gold has engaged a Peruvian technical mining service provider, Ore Discovery LLC, to work in conjunction with Element79’s operations team. The 2023 site work included above-ground and underground mapping, sampling, trenching, drill site targeting on both better-known and unexplored vein systems, for exploration and de-risked resource development on the path toward ore extraction and near-term cash flow generation.
Assays from the underground sampling include results of up to 98 g/t gold and 2,034 g/t silver. Moreover, assays from March 2023 yielded 21-ore grade and high yield up to 11.7 ounces per ton gold and 247 ounces per ton silver, further validating the potential for a significant high- grade future operation.
In June 2023, Element79 further strengthened its portfolio in Peru with the acquisition of the 1,200-hectare Lucero del Sur 28, located strategically just east of the high-grade Lucero gold- silver project. 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.
In September 2024, Element79 signed a letter of intent with S.M.R.L. PALAZA 16 to purchase and process approximately 1.3 million tons of tailings currently controlled by Palaza at the Lucero Mine. This agreement marks the launch of a tailings reprocessing venture for Element79 and represents a significant economic opportunity for the company.
Element79’s secondary asset, the 100 percent owned Clover project, is located in the historic Midas mining district and comprises 169 unpatented claims over 3,063 acres in Elko County, Nevada. A well-known gold and silver producer since the early 1900s, the Midas district has yielded more than 2 million ounces of gold between 1998 and 2013.
The company also previously held the Maverick Springs project in Nevada. Acquired by Element79 in December 2021 for an adjusted cost of C$3.34 million, the project was sold to Sun Silver Resources (ASX:SS1) in May 2024 for C$4.4 million cash and 3.5 million shares of SS1 priced at 0.20 AUD.
A powerhouse management team leads Element79 Gold with a track record of experience and success. Kim Kirkland, COO and former VP global exploration, has held executive and lead operations-focused engineering roles with some of the world's largest mining companies, including Barrick Gold, Rio Tinto Group, MMG, Amec Foster Wheeler PLC and McEwen Mining. Kirkland has served as project lead with extensive South American experience, who can proficiently lead exploration programs and mining operations through milling, extraction/concentration and optimization/beneficiation.
Antonio Maragakis, former COO and director, now advisor, has held director-level positions at miners with multi-billion dollar portfolios, including Barrick Gold Corporation and Koch Industries. He has also built a leading global mining engineering consultancy, Mine Plus Group, as well as a private mining fund focused on near-term production development projects, MFD Holdings SA.
Shane Williams, strategic advisor, brings a history of significant value creation in early-stage and operating companies and currently heads West Red Lake Gold (TSXV:WRLG) as president and CEO. Combined, Element79 Gold has the right experts to fully realize its assets' potential.
The 10,813-hectare project in southern Peru presents near-term cash flow potential as it moves toward production. Lucero operated as a high-grade gold mine between 1989 and 2005 and remains partially unexplored. As a result, the asset is in a unique position to start generating revenue while also providing future growth opportunities with additional exploration.
The Clover Property is located in the historic Midas mining district in Nevada, which has been producing gold and silver since the early 1900s, It is 16 kilometers west of Hecla Mining Company’s Midas Mine, the largest known gold-silver epithermal deposit along the Northern Nevada Rift. Mineralization at the property is classified as low-sulphidation, vein-hosted, epithermal gold mineralization similar to that found at the Midas deposit as it is found within a similar geologic setting. Gold and silver mineralization at the Midas Mine is hosted in several northwest-striking veins. Between 1998 and 2013, the main veins produced over 2 million ounces of gold.
A $6.7-million program is planned for the Clover Property focused on data compilation, construction of geologic and resource models, and a 10,000-meter drilling program followed by a mineral resource estimate and NI 43-101 compliant preliminary economic assessment.
James Tworek has held director, senior management, analytical and operations roles in both public and private companies. A quick study and entrepreneurial to the bone, his 25-year career started in banking in 1998 and has since garnered a wealth of experience across diverse industries between commercial banking, mining, project finance, mezzanine debt, oil and gas, clean water/envirotech and hemp/legal cannabis industries. He has investing experience in real estate, private equity, private mining, startup generation, tech and agricultural ventures. 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 of ensuring open communication, honesty and integrity with investors and stakeholders.
Tammy Gillis is a CPA, CMA with over 20 years of experience in the public markets bringing a comprehensive background in finance, reporting and regulatory requirements for manufacturing, bio-technology, technology and junior exploration industries. Gillis has been part of teams that have completed several financings, grant applications and acquisition transactions. Ms. Gillis started her career working at a corporate and securities law firm. Gillis previously served as corporate accountant for an international manufacturing company that had revenue in excess of
$120 million and as chief financial officer for a technology company with patented cathode materials used in lithium-ion batteries that successfully built a pilot plant with the assistance of over $4 million in government grants. Ms. Gillis has served as an officer for several TSXV and CSE-listed issuers.
Kim Kirkland’s track record spans senior executive and lead engineering roles at some of the world's largest mining companies. Key highlights of Kirkland's work history include:
Neil Pettigrew is a professional geologist in good standing, registered in Ontario, with over 20 years of experience in the mineral exploration industry. He received his Honors B.Sc. from the University of New Brunswick and his M.Sc. from the University of Ottawa. Pettigrew has been employed as a senior precambrian geoscientist with the Ontario Geological Survey and has worked for several junior and major companies in gold and Cu-Ni-PGE exploration. He has held officer and director positions at several TSX and TSXV-listed junior companies and currently sits as vice-president of exploration and director of GT Resources (formerly, Palladium One Mining)
Zara Kanji is a founder of Zara Kanji & Associates (established in 2004). Kanji is experienced in financial reporting compliance for junior listed resource companies, personal and corporate taxation, general accounting, financial reporting and value-added operational consulting services for individuals, and private and public companies. Prior to starting her accounting practice, Kanji served as a controller for a marketing company, as an accountant in public practice for a CA firm, a CGA firm and as an analyst for a pension fund. In addition to providing accounting and financial compliance services to private and public entities, Kanji has served as director and officer for several listed issuers.
Warren Levy brings more than 23 years of experience developing major and private companies in resource development across the Americas. He has achieved significant milestones and successes centered around community engagement, sustainable development of infrastructure, energy and natural resource development. Levy is the current CEO of Frontier Advisory, an advisory firm providing energy policy advocacy, sustainability, market entry, capital raising and technical support to responsible natural resource and social development around Latin America. He is also former CEO of Jaguar E&P, as well as former CEO of Pentanova Petroleum.
Antonios Maragakis completed his PhD at the University of Delft, MSc at the University of Bath, his B.Sc and B.A. at the University of Nevada, and executive training at the London Business School. He brings with him more than 15 years of experience leading some of the largest mining megaprojects in the last decade. Maragakis holds a distinguished resume, including management and director-level positions overseeing multibillion-dollar project portfolios internationally at organizations, such as:
Shane Williams carries a history of significant value creation in both early-stage and operating companies, which includes senior executive and management roles overseeing and delivering world-class, multibillion-dollar projects at highly prominent companies, including: chief operation officer at Skeena Resources (NYSE Listed), Eskay Creek Project; former senior vice-president at Eldorado Gold (NYSE Listed), $2-billion global project portfolio; former general manager of expansion projects at Rio Tinto (NYSE Listed), $2.5-billion CAPEX; and former vice-president of projects at Kaunis Iron AB, $800-million flagship Kaunisvarra Iron Ore Project.
With over two decades of experience across industries such as mining, energy and corporate finance, Kevin Arias brings a wealth of knowledge and expertise to the company. His strong background in business development, investor relations, securities and corporate communications, combined with a proven track record in raising over C$100 million since 2008, positions him as a valuable addition to the Element79 team.
High-grade gold project with near-term cash flow potential
(TheNewswire)
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Vancouver, BC August 15, 2025 TheNewswire - Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF | FSE: 7YS0 | OTC: ELMGF) (the "Company"), is a Canadian mining company focused on developing its portfolio of gold and silver projects in Nevada and Peru, announces strategic leadership changes which will be effective August 31, 2025, alongside an update on its advancing growth strategy.
Key Highlights Discussed:
Refined Strategic Focus - Over the past year, Element79 Gold has sharpened its focus on long-term exploration and development in Nevada, anchored by the acquisition of the drill-ready Gold Mountain Project and plans to explore the Elephant Project , both located in the prolific Battle Mountain trend. This strategy is designed to form the foundation for the Company's next phase of resource growth in one of the world's most established gold districts.
Advancing Lucero, Peru – Continued incubation of the high-grade Lucero Project in southern Peru, with a mid-long-term objective of restarting exploration and production.
Leadership Transition – Effective August 31, 2025, including strategic changes to both Management and the Company's Board of Directors, with the goal of accelerating asset development in Nevada.
Corporate Strategy Update
Nevada
Over the past year, Element79 Gold has sharpened its focus on building a long-term exploration and development portfolio in Nevada , anchored by the recent acquisition of the drill-ready Gold Mountain project and plans to explore the Elephant project, both located in the prolific Battle Mountain trend. The Company has had success in developing projects in this Tier 1 mining region in the past, and this refocused strategy forms the foundation for the Company's next phase of resource growth, positioning Element79 in one of the world's most established gold districts. The Company currently has two projects in Battle Mountain, Nevada:
Gold Mountain , a Drill-ready asset with near-term exploration plans aimed at expanding known mineralization and advancing toward resource definition. The Company has engaged Rangefront Mining Services to prepare a NI 43-101 technical report as disseminated on August 6, 2025, in previous news.
Elephant Located in the heart of the Battle Mountain trend, targeted for systematic exploration to evaluate and advance its Gold, Silver, Lead and Copper potential.
The Company is currently pursuing additional high grade mineral concessions in the region to add to its evolving portfolio.
Peru
At the same time, the Company continues to incubate its high-grade Lucero Project in Arequipa, Peru , preparing for the eventual restart of exploration and production. Work in Peru is currently focused on community engagement, legal and regulatory readiness, and aligning future project development for win-win outcomes with key stakeholders with an eye to the access issues being resolved in the coming months.
Key project points for Lucero into 2026:
Maintain regular communication and presence in the Chachas community, anticipating a more favorable local administration beginning in 2026–2028 (local meetings starting at the end of August 2025 will focus on the local mayoral race).
Monitor federal updates to the "systemic push" towards formalization under the former-REINFO-to-new-Ley MAPE transition, with a key catalyst deadline of December 31, 2025, approaching.
Upon the implementation of the new formalization regime, working with legal counsel and the community to forge surface rights and operating agreements.
Target mobilization for on-site work in mid-2026, contingent on formalization progress and community agreements.
Work with contractual counterparties to restructure terms, linking payments to mutually beneficial project advancement and production goals.
Leadership and Board Changes
Effective August 31, 2025:
James C. Tworek , Chief Executive Officer since inception, has elected to step down from the role and continue to support the Company as a Director.
Michael Smith , currently Vice President, Corporate Development, will be appointed Chief Executive Officer.
Neil Pettigrew will resign as Director and Qualified Person ("QP"). The Company is grateful for Mr. Pettigrew's investment of expertise and help applied through the Company's history from inception.
Kim Kirkland , currently Chief Operating Officer, will formally take on the Company's QP role and join the Board of Directors, while stepping down from his role as COO.
Warren Levy will remain as Director and will assume the role of Chairman of the Board.
Zara Kanji will continue as Director.
Outgoing CEO James C. Tworek commented:
"It has been a privilege to build, grow and lead the talented team professionals at Element79 Gold from its private company roots through multiple transformative milestones and successes since our IPO in August 2021. These changes to the Element79 Gold Corp team make the Company nimbler while retaining expertise, intimate project knowledge and relationships.
We are grateful for our Director, Neil Pettigrew's leadership and expertise with the Company's multitude of projects, and guidance through many challenges that we have faced, both before and since our IPO. I wish him success in his current and future professional endeavors and look forward to the possibility to work with him again.
With the Company's recent refocus on exploration and resource development in Nevada while continuing a mid-to-long term strategy of restarting production at Lucero in Peru, I am confident that Michael is the right leader to guide the current phase of growth. I remain committed to supporting the Company, helping to manage strategy, relationships and projects as a board member."
Incoming CEO Michael Smith added:
"I am honored and excited to take on the role of CEO during this exciting time of refocus and development opportunity underway at Element79 Gold Corp. Our immediate priorities lead a raise focused on drilling Gold Mountain, developing Elephant and maintaining momentum at Lucero in Peru. I look forward to building upon the strong foundation laid by James and the team."
Warren Levy, Chairman added:
"I would like to thank James and Neil for their efforts over the years to keep Element79 moving forward, and am looking forward to Michael taking the lead going forward. The refocused company has an attractive portfolio and has maintained access to the upside in Peru. We feel that the hard work of positioning the company has been well done by James and Kim, and their continued involvement on the board will be important to assist the new management team in taking the company forward successfully."
Qualified Person
The technical information in this release has been reviewed and approved by Kim Kirkland, Fellow of AusIMM #309585, Chief Operating Officer of Element79 Gold Corp, and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold Corp
Element79 Gold Corp is a mining company focused on gold and silver exploration, with assets in Nevada and Peru. The Company is actively advancing its drill-ready Gold Mountain Project in Nevada's Battle Mountain trend and holds an option to purchase the high-grade Lucero Mine in southern Peru. Element79 has transferred its Dale Property in Ontario to its wholly owned subsidiary, Synergy Metals Corp., and is progressing through the spin-out process. Element79 Gold is listed on the CSE (CSE: ELEM,OTC:ELMGF), the Frankfurt Stock Exchange (FSE: 7YS0), and the OTC Markets (OTC: ELMGF).
On Behalf of the Board of Directors,
James C. Tworek, CEO, Director
Investor Relations Department
Email : investors@element79.gold
Phone : +1.604.319.6953
Corporate Contact
James Tworek, CEO, Director
Email: jt@element79.gold
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate," "plan," "continue," "expect," "estimate," "objective," "may," "will," "project," "should," "predict," "potential" and similar expressions are intended to identify forward-looking statements. This press release contains forward-looking statements concerning the Company's exploration plans, development plans and the Force Majeure Event. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. Factors that could cause actual results to differ include conditions in the duration of the Force Majeure Event, and receipt of regulatory and shareholder approvals. These forward-looking statements are made as of the date of this press release, and, except as required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
(TheNewswire)
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Vancouver, BC TheNewswire - August 6, 2025 Element79 Gold Corp (CSE: ELEM,OTC:ELMGF | FSE: 7YS0 | OTC: ELMGF) ("Element79 Gold" or the "Company" ) is pleased to announce that it has formally engaged Rangefront Mining Services of Elko, Nevada to prepare a National Instrument 43-101 Technical Report ("NI 43-101 Report") for the Company's Gold Mountain Project located in Lander County, Nevada.
As part of this engagement, Rangefront Principal Geologist and Qualified Person, Mr. Steven L. McMillin, MSc, CPG #11301, conducted a comprehensive site visit to the Gold Mountain property during the week of July 28, 2025. The fieldwork included inspection of historic adits, surface sampling zones, geological structures, and claim boundaries in and around the Long Peak Stock intrusion that underlies the project. The site visit is a critical step in validating data integrity and supports the development of the pending NI 43-101 Property of Merit report.
Photos from the site visit are included below, capturing key outcrops, alteration zones, and terrain features that demonstrate the potential of the property.
Site Visit Photo 1 – View Across Project Area
S ite Visit Photo 2 – Altered Outcrop (Gossan)
Site Visit Photo 3 – Historic Workings Along Structural Trend
"We are excited to be working with Rangefront's expert team to build a strong technical foundation for the Gold Mountain project," stated James Tworek, CEO of Element79 Gold Corp. "This report is a significant step forward in advancing Gold Mountain into a drill-ready stage and further validating its strategic potential within the prolific Battle Mountain mining district."
About the Gold Mountain Project
The Gold Mountain Project was acquired by Element79 Gold Corp on August 1, 2025 and comprises 34 unpatented lode claims covering approximately 702 acres, strategically situated 13 kilometers southwest of Battle Mountain, Nevada. The area is historically known for producing both porphyry and structurally controlled high-grade gold-silver mineralization. The site visit and ongoing technical work are intended to compile and digitize historical exploration data alongside 2023 surface sampling results.
The Company expects to file the completed NI 43-101 Technical Report during Q3 2025 and will provide further updates as the work progresses.
Qualified Person
The technical information in this release has been reviewed and approved by Kim Kirkland, Fellow of AusIMM #309585, Chief Operating Officer of Element79 Gold Corp, and a "qualified person" as defined by National Instrument 43-101.
About Rangefront
Based in Elko County, Nevada, Rangefront is a premiere geological services company serving the U.S. and Canada in geological needs for mining, exploration, and mineralogy, providing a full range of geological mining services; Since 2008 the Rangefront team of technical personnel, laborers, and administrators has provided industry-leading mining and geological services in a safe, responsible, and expert manner. More information about Rangefront can be found at www.rangefront.com
About Element79 Gold Corp
Element79 Gold Corp is a mining company focused on gold and silver exploration, with a portfolio of assets in Nevada and Peru. The Company is actively advancing its Elephant project in the Battle Mountain trend of Nevada, and has recently acquired the drill-ready Gold Mountain project in Battle Mountain, Nevada. The Company also holds an option to purchase the high-grade Lucero mine in southern Peru. Element79 Gold has completed the transfer of its Dale Property in Ontario to its wholly owned subsidiary, Synergy Metals Corp., and is progressing through the Plan of Arrangement spin-out process. Element79 Gold is listed on the Canadian Securities Exchange (CSE: ELEM,OTC:ELMGF), the Frankfurt Stock Exchange (FSE: 7YS0), and the OTC QB market (OTC: ELMGF).
For more information, please visit the Company's website at www.element79.gold
ON BEHALF OF THE BOARD
James C. Tworek
Chief Executive Officer, Director
Element79 Gold Corp
E-mail: jt@element79.gold
Investor Relations Contact:
E-mail: investors@element79.gold
Phone: +1.604.319.6953
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate," "plan," "continue," "expect," "estimate," "objective," "may," "will," "project," "should," "predict," "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company's exploration plans, development plans and the Force Majeure Event. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. Factors that could cause actual results to differ include conditions in the duration of the Force Majeure Event, and receipt of regulatory and shareholder approvals. These forward-looking statements are made as of the date of this press release, and, except as required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
(TheNewswire)
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Vancouver, BC TheNewswire - August 1, 2025 Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF) (OTC: ELMGF) (FSE: 7YS0) ("Element79 Gold", the "Company") is pleased to announce that it has executed a definitive Asset Purchase Agreement (the "Agreement") dated July 31, 2025, with Donald James McDowell (the "Vendor") for the acquisition of a 100% interest in the Gold Mountain Project located in Lander County, Nevada.
The Gold Mountain Project consists of 34 unpatented mining claims covering highly prospective ground in the heart of Nevada's Battle Mountain trend. Under the terms of the Agreement, Element79 Gold, through its wholly owned subsidiary ELEM Battle Mountain LLC, has agreed to acquire all rights, title, and interest in the Gold Mountain assets in exchange for the issuance of 100,000,000 common shares of the Company at a deemed price of C$0.02 per share, as well as a cash payment of US$137,485.85 payable following the closing of the Company's next equity financing.
As part of the transaction, the Vendor will retain a 3% Net Smelter Return (NSR) royalty on all future mineral production from the project. This arm's length transaction is not considered a fundamental change for the Company. No finder's fees will be paid in conjunction with the transaction. The Company Will ensere that all required regulatory Filings are made in regards to this transaction.
Full details of the acquisition are available in the Asset Purchase Agreement filed on SEDAR+.
James Tworek, CEO of Element79 Gold, commented :
"This acquisition marks a significant step in advancing our strategic focus in Nevada. The Gold Mountain Project provides a drill-ready opportunity with strong geological fundamentals in one of the most prolific gold regions in the world. Our technical team is preparing an exploration program for later this year to begin unlocking the value of this asset."
About Element79 Gold Corp
Element79 Gold Corp is a mining company focused on gold and silver exploration, with a portfolio of assets in Nevada and Peru. The Company is actively advancing its Elephant project in the Battle Mountain trend of Nevada, as well as the drill-ready Gold Mountain project in Battle Mountain, Nevada. The Company also holds an option to purchase the high-grade Lucero mine in southern Peru. Element79 Gold has completed the transfer of its Dale Property in Ontario to its wholly owned subsidiary, Synergy Metals Corp., and is progressing through the Plan of Arrangement spin-out process. Element79 Gold is listed on the Canadian Securities Exchange (CSE: ELEM,OTC:ELMGF), the Frankfurt Stock Exchange (FSE: 7YS0), and the OTC Markets (OTC: ELMGF).
Investor Relations Contact:
Investor Relations Department
\Email: investors@element79.gold
Phone: +1.604.319.6953
Corporate Contact:
James C. Tworek, Chief Executive Officer and Director
Email: jt@element79.gold
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate," "plan," "continue," "expect," "estimate," "objective," "may," "will," "project," "should," "predict," "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company's exploration plans, development plans and the Force Majeure Event. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. Factors that could cause actual results to differ include conditions in the duration of the Force Majeure Event, and receipt of regulatory and shareholder approvals. These forward-looking statements are made as of the date of this press release, and, except as required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals & Mining Virtual Investor Conference, held July 23 rd and 24 th are now available for online viewing.
The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company's resource section.
Select companies are accepting 1x1 management meeting requests through July 29 th .
July 23 rd
| Presentation | Ticker(s) |
| Andean Silver Ltd. | (OTCQX: ADSLF | ASX: ASL) |
| G50 Corp. Limited | (OTCQB: GFTYF | ASX: G50) |
| Silver Tiger Metals Inc. | (OTCQX: SLVTF | TSXV: SLVR) |
| Viva Gold Corp. | (OTCQB: VAUCF | TSXV: VAU) |
| Liberty Gold Corp. | (OTCQX: LGDTF | TSX: LGD) |
| UR-Energy Inc. | (NYSE American: URG | TSX: URE) |
| Arizona Sonoran Copper Company | (OTCQX: ASCUF | TSX: ASCU) |
| Northisle Copper & Gold Inc. | (OTCQX: NTCPF | TSXV: NCX) |
| Element79 Gold Corp. | (OTCQB: ELMGF | CSE: ELEM,OTC:ELMGF) |
| Rackla Metals Inc. | (TSXV: RAK) |
July 24 th
| Presentation | Ticker(s) |
| Heliostar Metals Ltd. | (OTCQX: HSTXF | TSXV: HSTR) |
| Camino Minerals Corp | (OTCID: CAMZF | TSXV: COR) |
| West Red Lake Gold Mines Ltd. | (OTCQB: WRLGF | TSXV: WRLG) |
| Silver47 Exploration Corp. | (OTCQB: AAGAF | TSXV: AGA) |
| Axcap Ventures Inc. | (OTCID: GARLF | CSE: AXCP) |
| AbraSilver Resource Corp. | (OTCQX: ABBRF | TSX: ABRA) |
| Myriad Uranium Corp. | (OTCQB: MYRUF | CSE: M) |
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com
Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Metals & Mining Virtual Investor Conference to be held July 23 rd and 24 th .
Individual investors, institutional investors, advisors, and analysts are invited to attend.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1x1 meetings with management.
"We're pleased to bring together a diverse lineup of resource companies for this new edition of the Metals & Mining Virtual Investor Conference," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "From explorers to producers, these companies reflect the depth and global reach of today's metals and mining sector. This two-day event continues to be an effective platform for companies—whether OTCQX, OTCQB, OTCID, or exchange listed—to connect with investors and share their strategic vision in real time."
July 23 rd
| Eastern Time (ET) | Presentation | Ticker(s) |
| 9:30 AM ET | Andean Silver Ltd. | (OTCQX: ADSLF | ASX: ASL) |
| 10:00 AM ET | G50 Corp. Limited | (OTCQB: GFTYF | ASX: G50) |
| 10:30 AM ET | Silver Tiger Metals Inc. | (OTCQX: SLVTF | TSXV: SLVR) |
| 11:00 AM ET | Viva Gold Corp. | (OTCQB: VAUCF | TSXV: VAU) |
| 11:30 AM ET | Liberty Gold Corp. | (OTCQX: LGDTF | TSX: LGD) |
| 12:00 PM ET | UR-Energy Inc. | (NYSE American: URG | TSX: URE) |
| 12:30 PM ET | Arizona Sonoran Copper Company | (OTCQX: ASCUF | TSX: ASCU) |
| 1:00 PM ET | Northisle Copper & Gold Inc. | (OTCQX: NTCPF | TSXV: NCX) |
| 1:30 PM ET | Element79 Gold Corp. | (OTCQB: ELMGF | CSE: ELEM,OTC:ELMGF) |
| 2:00 PM ET | Rackla Metals Inc. | (TSXV: RAK) |
July 24 th
| Eastern Time (ET) | Presentation | Ticker(s) |
| 11:00 AM ET | Heliostar Metals Ltd. | (OTCQX: HSTXF | TSXV: HSTR) |
| 11:30 AM ET | Camino Minerals Corp | (OTCID: CAMZF | TSXV: COR) |
| 12:00 PM ET | West Red Lake Gold Mines | (OTCQB: WRLGF | TSXV: WRLG) |
| 12:30 PM ET | Silver47 Exploration Corp. | (OTCQB: AAGAF | TSXV: AGA) |
| 1:30 PM ET | Axcap Ventures Inc. | (OTCID: GARLF | CSE: AXCP) |
| 2:00 PM ET | AbraSilver Resource Corp. | (OTCQX: ABBRF | TSX: ABRA) |
| 2:30 PM ET | Myriad Uranium Corp. | (OTCQB: MYRUF | CSE: M) |
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News Provided by GlobeNewswire via QuoteMedia
Pinnacle Silver and Gold presents a compelling investment opportunity in the precious metals sector as it continues to advance its flagship high-grade El Potrero project in Mexico and its Red Lake, Ontario assets. The company’s proven business model focuses on rapidly reactivating past-producing mines to generate early cash flow, while simultaneously exploring for district-scale potential, offering a strong value proposition in a bullish gold-silver environment.
Pinnacle Silver and Gold (TSXV:PINN,OTC:PSGCF,Frankfurt:P9J) is a promising player positioned for growth in the precious metals exploration sector, with its strategic focus on high-potential projects, commitment to responsible mining practices, and experienced leadership team.
Focused on silver and gold projects in the Americas, Pinnacle is strategically placed to capitalize on the growing demand for these valuable resources. Its core projects include the high-grade El Potrero gold-silver project in Mexico, and the Argosy gold mine and North Birch gold project in Ontario’s Red Lake District – each offering near-term development potential and strong exploration upside.
Pinnacle’s current flagship project, El Potrero, is located within the Sierra Madre Gold Silver Trend.
The company's investment appeal stems from several key factors:
The company’s business strategy involves the acquisition of past-producing mines that can be put back into production quickly to generate cash flow. By focusing on high-grade, underground mines, Pinnacle can leverage low capex, a smaller operational footprint, easier and faster permitting process and protection against metal price volatility. At the same time, the company conducts brownfield exploration for resource expansion, increasing its potential for district-scale discovery.
Pinnacle's emphasis on creating shareholder value is evident in its approach to project selection and development. The company's portfolio is carefully curated to balance near-term production potential with long-term growth prospects, offering investors exposure to both immediate returns and future upside.
El Potrero is a high-grade, past-producing gold-silver project located in the prolific Sierra Madre Belt in Mexico, within 35 km of four operating mines, including Fresnillo’s 4,000 tpd Ciénega Mine. The project comprises two concession blocks totaling 1,074 hectares, which include the historic mines and a 100 tpd on-site processing plant.
Recent Developments (as of July 2025):
Pinnacle can earn an initial 50 percent interest upon production and increase its ownership of El Potrero to 100 percent subject to a 2 percent NSR, primarily through cash flow-funded payments, offering a low-dilution path to full ownership.
Located within the Birch-Uchi Greenstone Belt in Ontario’s Red Lake District, and approximately 10 km from First Mining’s Springpole deposit, the Argosy gold mine produced 101,875 ounces at 12.7 g/t gold from 1931 to 1952. Pinnacle owns 100 percent of the project, subject to a 2.5 percent NSR.
Exploration Highlights:
Located 4 km from the Argosy Mine, North Birch is a 3,850-hectare grassroots project with major upside. The property lies in an underexplored section of the Birch-Uchi Belt and covers a folded and sheared iron formation, interpreted as analogous to Newmont’s Musselwhite Mine.
Exploration Work:
Robert Archer has more than 40 years’ experience in the mining industry, working throughout the Americas. After spending more than 15 years with major mining companies, Archer held several senior management positions in the junior mining sector and co-founded Great Panther Mining, a mid-tier precious metals producer, where he served as president and CEO from 2004 to 2017 and director until 2020. He joined Pinnacle as a director in March 2018 followed by his appointment as CEO in January 2019 and president in October 2021. Archer is a professional geologist and holds an Honours BSc from Laurentian University in Sudbury, Ontario.
David Cross is a CPA and CGA with over 21 years’ experience in the junior sector with a focus on finance and corporate governance. He is currently a partner of Cross Davis and Company LLP Chartered Professional Accountant, which specializes in accounting and management services for private and publicly listed companies within the mining industry, and has recently been appointed CFO of Ashburton Ventures.
Colin Jones is principal consultant for Orimco Resource Investment Advisors in Perth, Australia. He has almost 40 years’ experience as a mining, exploration and consulting geologist in a number of different geological environments on all continents. He has managed large exploration and due diligence projects, and has undertaken numerous bankable technical audits, technical valuations, independent expert reports and due diligence studies worldwide, most of which were on behalf of major international resource financing institutions and banks. Jones holds a Bachelor of Science (Earth Sciences) degree from Massey University, NZ.
David Salari has worldwide experience in the design, construction and operation of extractive metallurgical plants. He is an engineer with more than 35 years of experience in the mining and mineral processing field. He is currently the president and CEO of DENM Engineering.
Ron Schmitz is the principal and president of ASI Accounting Services, providing administrative, accounting and office services to public and private companies since July 1995. Schmitz has served as a director and/or chief financial officer of various public companies since 1997, and currently holds these positions with various public and private companies.
"Our fully funded $6 million exploration program designed to systematically advance and expand the gold-silver targets at JD is progressing nicely," said Niel Marotta, CEO of Sun Summit Minerals. "We have made terrific progress at Creek Zone. We are excited about the upcoming drilling at the Finn Zone, where we plan to test the extent of gold mineralization while also investigating a zone of strong silver mineralization, recently modelled through our comprehensive compilation efforts. We expect to begin reporting results from drilling completed at the Creek Zone in the coming weeks, with results from additional targets to follow."
2025 JD Exploration Program
The primary exploration goals at JD in 2025 are to advance and expand the Creek and Finn gold-silver targets and to generate and refine new priority targets across the project. Work is currently focused on the highly prospective 4.5 km long epithermal-related Finn to Creek corridor, as well as the 12 km long JD Porphyry trend (Figure 1).
Drilling update:
Over 3,100 meters of drilling has been completed at the Creek zone with holes collared along a 500-meter northwest-southeast trend. Ten holes investigated the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization (e.g., 122.53 m of 2.11 g/t Au including 1.5 of 121.0 g/t Au in CZ-24-0047 and 22.0 m of 11.7 g/t Au including 4.0 m of 61.2 g/t Au in CZ97-0085, Figure 3). Holes were designed to systematically test the vein-controlling structures on 50 to 100 meter pierce-points covering a strike-length of over 500 meters and a down-dip extent of over 200 meters.
Up to 2,000 meters of drilling is planned at the Finn zone with holes designed to investigate the down-dip, strike extent and continuity of near-surface, high-grade and bulk-tonnage gold-silver mineralization (e.g., 35.7 m of 7.26 g/t Au, 94 g/t Ag including 1.0 m of 215.4 g/t Au, 308 g/t Ag in JD95-0472 and 20.85 m of 8.76 g/t Au, 68 g/t Ag including 11.0 m of 15.1 g/t Au,108 g/t Ag in JD95-0972, Figure 4).
Modelling of recently compiled historical Finn zone drill data has outlined a compelling zone of strong silver-gold-base metal mineralization (e.g., 45.0 m of 3.02 g/t Au, 136 g/t Ag including 5.0 m of 8.18 g/t Au, 918 g/t Ag in JD95-0762). Planned drilling at Finn will also be aimed at investigating the structural and/or lithological controls on this gold-associated, silver-rich mineralization.
Target generation update: Project-wide exploration activities aimed at target generation and drill target refinement are ongoing, including:
Timeline: Drilling and complementary exploration activities are anticipated to continue into early October. Soil and rock samples and drill core samples from the first eight holes at Creek zone have now been submitted to the lab for assay analyses. Results will be released once compiled and interpreted.
Figure 1. Map of the Toodoggone District showing the location of the JD Project in relation to other development and exploration projects. Data sourced from Thesis, TDG and Centerra's corporate websites.
Figure 2. Map of the JD Project showing the broad JD Porphyry trend and the epithermal-related Finn to Creek Corridor. Areas with completed IP and soil surveys are shown in grey. Areas with ongoing and planned geological mapping are shown in orange. Key targets are highlighted.
Figure 3. Map of the Creek Zone showing previous drill collar locations with selected highlights. The area targeted for 2025 drilling is outlined in red. See references below for data sources.
Figure 4. Map of the Finn Zone showing historical drill collar locations with selected highlights. The area targeted for 2025 drilling is outlined in red. See references below for data sources.
National Instrument 43-101 Disclosure
This news release has been reviewed and approved by Sun Summit's Vice President Exploration, Ken MacDonald, P. Geo., a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples.
Community Engagement
Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations with ongoing exploration.
About the JD Project
The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold's Lawyers and Ranch projects, TDG Gold's Baker-Shasta projects, Amarc Resource's AuRORA project, Centerra's Gold's Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine.
The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.
The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on the discovery, expansion and advancement of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.
Further details are available at www.sunsummitminerals.com.
References
Link to Figures
Figure 1: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/08/SMN_Figure-1_20250819.jpg
Figure 2: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/08/SMN_Figure-2_20250819-scaled.jpg
Figure 3: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/08/SMN_Figure-3_20250819-scaled.jpg
Figure 4: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/08/SMN_Figure-4_20250819-scaled.jpg
On behalf of the board of directors
Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.com
For further information, contact:
Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226
Forward Looking Information
Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, the timing of and size and scope of the drill program at the JD property; the Company's exploration plans, expectations and forecasts. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the Company's ability to complete the drill program as currently contemplated; risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; and fluctuations in metal prices. The forward-looking statements contained in this news release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
