Element79 Gold Corp. Announces Filing of NI 43-101 Technical Report for Gold Mountain Project, Nevada

Element79 Gold Corp. Announces Filing of NI 43-101 Technical Report for Gold Mountain Project, Nevada

(TheNewswire)

Vancouver, British Columbia September 3, 2025 TheNewswire - Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF) (OTC: ELMGF) (FSE: 7YS) (the "Company" or "Element79") is pleased to announce that it has filed an independent National Instrument 43-101 ("NI 43-101") Technical Report (the "Report") for the Company's Gold Mountain Project located in the Battle Mountain Mining District of Lander County, Nevada.

The Report, authored by Steven L. McMillin, MSc, CPG, of Rangefront Mining Services, outlines the geological potential of the 702-acre property, which consists of 34 unpatented lode mining claims in one of Nevada's most productive and historic mining districts.

Highlights from the Report include:

  • Historic drilling by Placer Dome (2005) returned intercepts of:

    • 7.62m grading 0.48 g/t Au

    • 10.67m grading 0.99 g/t Au

  • Figures 11-14 of the report outline 2023 surface sampling of 116 rock samples , confirming high-grade Au-Ag-Pb mineralization associated with structurally controlled zones and lower-grade porphyry-style mineralization linked to the Long Peak Stock.

  • The project lies just 0.5 miles south of the historic Dewitt Mine, which produced high-grade gold and silver ores from the 1930s–1950s.

  • A Bureau of Land Management (BLM) Notice of Intent (NOI) has been approved, permitting up to 21 drill pads and associated roads.

  • A fully costed exploration program totaling US$800,000 has been recommended, including detailed mapping, geophysics, and 8,000 feet of RC drilling to test high-priority targets.

About the Gold Mountain Project

The Gold Mountain Project comprises 34 unpatented lode mining claims covering approximately 702 acres, located 13 km southwest of the town of Battle Mountain, Nevada. Major nearby operations include Nevada Gold Mines' Phoenix-Fortitude mine complex, SSR Mining's Marigold mine, and i-80 Gold's Buffalo Valley project. This places Gold Mountain within a Tier 1 mining jurisdiction that continues to attract significant institutional investment.

CEO Commentary

Element79 Gold Corp. CEO Mike Smith commented: "The filing and completion of this Technical Report on Gold Mountain is a major milestone for Element79 Gold. Gold Mountain sits in the heart of one of Nevada's most prolific mining areas, and the Report confirms both the historic presence of significant gold intercepts and the potential for new high-grade discoveries. With drill permits in hand and a clear exploration roadmap, we believe this project offers a compelling value creation opportunity. The proximity to prod ucing mines such as Phoenix-Fortitude and Marigold further validates the potential of this district. We see Gold Mountain not only as a growth engine for Element79 but also as a great starting point to start our North American refocussing."

Qualified Person
The technical information in this release has been reviewed and approved by Kim Kirkland, Director of Element79 Gold Corp, Fellow of AusIMM #309585, 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 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 about Element79 Gold Corp., please visit www.element79.gold or contact:

Investor Relations

Investors@element79.gold

+1.604.319.6953

ON BEHALF OF THE BOARD OF DIRECTORS
Mike Smith
CEO

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

ELEM:CC
Element79 Gold

Element79 Gold Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Element79 Gold Corp (CSE:ELEM) Logo

Element79 Gold


Keep reading...Show less

High-grade gold project with near-term cash flow potential

Element79 Gold Corp Obtains 2-Year Extension of Drilling Permit for Gold Mountain Project

Element79 Gold Corp Obtains 2-Year Extension of Drilling Permit for Gold Mountain Project

(TheNewswire)

Vancouver, BC TheNewswire - September 16, 2025 Element79 Gold Corp (CSE:ELEM,OTC:ELMGF) (FSE:7YS0) (OTC:ELMGF) (the "Company" or "Element79") is pleased to announce that it has secured a two-year extension of its drilling permit for its 100%-owned Gold Mountain Project (formerly known as Long Peak), located along the prolific Battle Mountain trend in Nevada, USA.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Corp. Announces Changes to Board of Directors with Eye to Drive Corporate Growth

Element79 Gold Corp. Announces Changes to Board of Directors with Eye to Drive Corporate Growth

(TheNewswire)

Vancouver, British Columbia TheNewswire - September 15, 2025 - Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF) (FSE: 7YS0) (OTC: ELMGF) (the "Company" or "Element79") announces that its Board of Directors has accepted the resignation of Ms. Zara Kanji as Director of the Company, effective immediately. The Board and management thank Ms. Kanji for her valuable contributions to the Company and wish her the very best in her current and future endeavors.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Corp Engages Rangefront Mining Services to Complete Ni 43-101 Technical Report on Elephant Project

Element79 Gold Corp Engages Rangefront Mining Services to Complete Ni 43-101 Technical Report on Elephant Project

(TheNewswire)

Vancouver, British Columbia TheNewswire September 10, 2025 Element79 Gold Corp (CSE: ELEM,OTC:ELMGF, OTC: ELMGF, FSE: 7YS0) ("Element79", the "Company") is pleased to announce that it has engaged Rangefront Mining Services of Elko, Nevada ("Rangefront") to complete a National Instrument 43-101 ("NI 43-101") Technical Report on its 100%-owned Elephant Project, located within the highly productive Battle Mountain Trend in Nevada, USA.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Corp Announces Corporate Update and Strategic Leadership Changes With Focus On Accelerating Nevada Asset Development

Element79 Gold Corp Announces Corporate Update and Strategic Leadership Changes With Focus On Accelerating Nevada Asset Development

(TheNewswire)

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.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

(TheNewswire)

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.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Locksley Resources Limited  CEO and COO Appointed to Fast Track US Mine to Market Strategy

Locksley Resources Limited CEO and COO Appointed to Fast Track US Mine to Market Strategy

Perth, Australia (ABN Newswire) - Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is pleased to announce the appointment of Ms. Kerrie Matthews as Chief Executive Officer (CEO) and Mr. Danny George as Chief Operating Officer (COO). These appointments significantly strengthen the Company's executive leadership team at a pivotal time as Locksley advances the Desert Antimony Mine ("DAM"), accelerates downstream processing and the mine-to-market solutions for antimony in the United States.

Ms. Kerrie Matthews - Chief Executive Officer

Ms. Matthews is a highly accomplished executive leader with over two decades of experience delivering nationally significant and capital-intensive projects in the resources and infrastructure sectors.

Her career highlights include senior leadership roles in the execution of BHP's US$3.8 billion South Flank Project and Iluka's A$1.8 billion Eneabba Rare Earths Refinery, the latter being Australia's first fully integrated rare earths refinery and a cornerstone of the nation's critical minerals strategy.

Ms. Matthews brings deep expertise in complex major project delivery, engineering study program execution, governance, stakeholder alignment, cost optimisation, and regulatory engagement. She has a proven track record of aligning large scale projects with both commercial and government priorities.

While recognised for her leadership on billion-dollar projects, Ms. Matthews strength lies equally in obilising teams and cutting through complexity to deliver fast-tracked outcomes. For Locksley, this capability ensures that DAM is advanced efficiently while building the framework for U.S. downstream processing an area where there are currently no large-scale commercial solutions in operation.

Mr. Danny George - Chief Operating Officer

Mr George is a seasoned senior executive with extensive global experience in feasibility studies and the execution of EPCM and EPC contracts across the mining and energy sectors. He has successfully delivered major projects with WSP, Fortescue, Mineral Resources, Thyssenkrupp and Ausenco, working with leading companies such as Vale, BHP and Hancock Prospecting. His track record includes copper and lithium concentrators, iron ore and coal export facilities, as well as emerging technology projects in hydrogen and green iron.

Danny's technical breadth and expertise in rapid project delivery, capital efficiency and large-scale project execution will provide Locksley with the operational discipline and agility required to advance the DAM Project into production at speed. His proven leadership in delivering high-value projects across multiple geographies equips the Company with the capability to manage both upstream ore development and downstream plant construction within an accelerated timeframe.

Strategic Importance

The appointments of Ms. Matthews and Mr. George provide Locksley with the executive leadership, experience, and technical expertise required to deliver a mine-to-market antimony solution in the United States. Importantly, both have proven ability to move quickly from study to execution, ensuring Locksley is positioned as a fast mover capable of delivering critical U.S. supply ahead of the curve. Their combined backgrounds in critical minerals, major project delivery, and contract mining directly address one of the most pressing U.S. supply chain constraints: the absence of large-scale commercial antimony processing capacity.

Following the Company's excellent metallurgical results at the Desert Antimony Mine, Locksley is now positioned to translate technical validation into commercial execution. In parallel with conventional mine development at DAM, the Company is actively assessing non-traditional mining and extraction methods to bring forward initial supply. This includes evaluating flexible and modular mining solutions, contract mining approaches, and low capital processing pathways that can be rapidly deployed to align with the immediate demand from the U.S. Government for secure antimony supply.

By advancing DAM with both traditional and innovative development methods, and by establishing downstream processing capacity, Locksley is uniquely placed to play a pivotal role in strengthening U.S. and allied supply chains. This strategy underpins Locksley's pathway to 100% Made in America Antimony and positions the Company to attract government and institutional support as part of broader initiatives to secure the supply of critical minerals essential for defense, energy transition, and advanced technology applications.

Resignation of Director

Technical Director, Julian Woodcock, has resigned to focus on his Managing Director role at Viking Mines Ltd. Mr Woodcock has played a key role in the accelerated progress of the Company's Mojave Project and will continue to provide strategic guidance as a technical consultant.

Pat Burke, Chairman Locksley Resources, commented:

"The appointments of Kerrie and Danny significantly enhance our executive capability at a pivotal moment for Locksley. Their leadership supports our strategy to transform the historic Desert Antimony Mine into a modern, fully integrated mine-to-market supply chain for 100% Made in America Antimony.

This positions Locksley to deliver value for shareholders while directly addressing one of the United States' most critical national security and energy transition priorities. I would like also sincerely to thank Julian for his services to Locksley during its critical formative period."

Next Steps

Locksley is progressing multiple parallel workstreams to accelerate the development of the Desert Antimony Mine ("DAM") and advance downstream processing:

- Financing and permitting applications underway to support near-term mine development

- Strategic partnerships and government engagement advancing to align Locksley's supply chain strategy with U.S. and allied national security priorities

- Technology pathways being progressed through Rice University's DeepSolv(TM) program and external ore supply agreements, positioning Locksley to establish commercial-scale antimony processing capacity in the U.S

- Non-traditional mining and extraction methods under evaluation to bring forward early supply and respond to immediate U.S. Government demand

These initiatives, together with the recently achieved 85.9% metallurgical recovery result at DAM, reinforce the Company's vision to establish a fully integrated mine-to-market supply chain for 100% Made in America Antimony.



About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials' claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine", which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley's North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley's Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Locksley Resources Limited  Annual Report to Shareholders

Locksley Resources Limited Annual Report to Shareholders

Perth, Australia (ABN Newswire) - During FY25, Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) advanced its Mojave Critical Minerals Project in California and the 100% owned Tottenham Copper-Gold Project in New South Wales. Key outcomes included high-grade antimony results at Mojave, regulatory progress culminating in drilling approvals at El Campo (REE), a successful downhole EM program at Tottenham that defined new drill targets, a capital raise to fund field programs, and completion of an OTCQB listing to broaden U.S. investor access.

*To view the Annual Report, please visit:
https://abnnewswire.net/lnk/YNYTPU22



About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials' claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic "Desert Antimony Mine", which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley's North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley's Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Harvest Gold Announces Closing of Non-Brokered Private Placement of $518,750

Harvest Gold Announces Closing of Non-Brokered Private Placement of $518,750

(TheNewswire)

Harvest Gold Corporation

Harvest Gold Corporation (TSXV: HVG,OTC:HVGDF) (" Harvest Gold " or the " Company ") is pleased to announce that, subject to the final approval of the TSX Venture Exchange (the " Exchange ") and further to its news release of September 11, 2025, it has closed its oversubscribed non-brokered private placement issuing 6,916,667 units (" Units ") at a price of $0.075 per Unit raising gross proceeds of $518,750.03 (the " Private Placement

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold

Element79 Gold Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News