Element79 Gold Corp Provides Update on Social Management and Community Engagement for the Minas Lucero Project

Element79 Gold Corp Provides Update on Social Management and Community Engagement for the Minas Lucero Project

(TheNewswire)

Element79 Gold Corp.

Vancouver, British Columbia TheNewswire - March 11, 2024 Element79 Gold Corp. (CSE: ELEM | FSE: 7YS0 | OTC: ELMGF) is pleased to provide an update on the latest social management initiatives, community engagement and ongoing efforts for its Minas Lucero Project in the Arequipa region of Peru.

Strengthening Community Relations in Chachas

As part of its ongoing commitment to responsible mining and sustainable development, Element79 Gold's local team has been actively engaging with community leaders and stakeholders in Chachas and surrounding annexes. Key developments include:

  • Engagement with Local Authorities: Seven (7) formal letters were submitted to the JAL authorities of Chachas and its annexes to coordinate meetings in March. These discussions will facilitate agreements on land use, to be formalized in the upcoming Communal Assembly.

  • Coordination with Regional Energy and Mines Authority: The Company is working with the Regional Energy and Mines Management of Arequipa (GREM) to arrange an official briefing in Chachas. Through the GREM efforts have been made are being made to establish an institutional working group with representatives from the Chachas Community, the Lomas Doradas Association, and Minas Lucero del Sur to table requirements and commitments between the parties.

Ongoing Communication and Support with Chachas

Element79 Gold continues to maintain positive and open lines of communication with the Chachas community, despite challenges posed by seasonal weather conditions:

  • Community Interaction: Regular dialogue is ongoing with local stakeholders, and the Company has received direct inquiries and support from community allies.

  • Weather-Related Impact: Heavy rains and landslides common to this season have affected road access to Chachas, causing temporary disruptions. Artisanal mining operations in the area have also been suspended until April due to adverse conditions.

  • Local Presence: The Company continues to maintain its office in Chachas, along with an on-the-ground community assistant in Chachas to monitor developments and maintain direct communication.  Local Starlink internet antennae for community use continue to be sponsored by the Company.

Advancing Strategic Community Initiatives

Deployment of Smart Multipurpose Screen Kits

Element79 Gold is preparing to introduce new technology to local communities as part of its engagement strategy:

  • Three (3) GAE Multipurpose System Kits are set to be delivered to communal facilities in Chachas, Nahuira, and Tolconi before mid-March.

  • The deployment will serve as a technology demonstration , showcasing the potential benefits of Starlink connectivity and smart panels for community development.

  • Official handover of the equipment will be contingent upon the signing of land-use agreements with the community, aligning with Element79 Gold's commitment to fostering mutual benefits through sustainable partnerships.


Click Image To View Full Size

Image 1 – GAE Multipurpose System Kit setup


Click Image To View Full Size

Image 2 – (Spanish) Chart of the of the features and benefits that the GAE Multipurpose System Kits have and provide to user communities

Upcoming Multi-Stakeholder Meeting in Chachas

A key meeting involving GREM, the Chachas Community Council (CC Chachas), the Lomas Doradas Association, and Minas Lucero representatives is being planned before the upcoming Communal Assembly. GREM-Arequipa has sent official invitations, and discussions are underway to determine the most suitable date and agenda.  The Company has already submitted a formal letter to GREM to advance this process; due to ongoing heavy rains, the GREM has confirmed an approximate timeline for "end of March" and will continue to update both the Company and the CC Chachas in due course.

Commitment to Responsible Mining

Element79 Gold Corp. remains dedicated to transparent dialogue, responsible community and resource development, and long-term profitable and mutually beneficial community partnerships . The Company will continue to provide updates as these initiatives progress.

About Element79 Gold Corp. Element79 Gold is a mining company focused on exploring and developing its past-producing, high-grade gold and silver project, Lucero , located in Arequipa, Peru. The Company is committed to advancing responsible mining practices and maintaining strong relationships with local communities to support sustainable development.

The Company also holds several exploration projects along Nevada's Battle Mountain trend, a region renowned for prolific gold production, and these assets are under contract for sale in the first half of 2025.  Additionally, Element79 has recently transferred its Dale Property in Ontario to its subsidiary, Synergy Metals Corp., as part of a spin-out process.

For further information, please visit our website at www.element79.gold .

For corporate matters, please contact:

James C. Tworek, Chief Executive Officer

Email: jt@element79.gold

For investor relations inquiries, please contact:

Investor Relations Department
Phone: +1 (403)850.8050
Email: investors@element79.gold

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.

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs, results and timing of any work programs, the Company's performance or events as of the date hereof. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward-looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; general market and mining exploration risks and production and economic risks related to design and engineering, manufacturing, technological processes and test procedures and the risk that the project's output will not be salable at a price that will cover the project's operating and maintenance costs. Forward-looking statements should not be construed as investment advice. Readers should conduct a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.

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 Announces Extension to Proposed Spin Out and Merger

Element79 Announces Extension to Proposed Spin Out and Merger

(TheNewswire)

Element79 Gold Corp.

VANCOUVER, BC TheNewswire - May 1, 2025 Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) ("Element79", or the "Company") announces that, in connection with its previously announced proposed arrangement transaction with Synergy Metals Corp. (" Synergy ") pursuant to an arrangement agreement dated January 10, 2025 (the " Arrangement Agreement "), it has entered an amending agreement dated April 30, 2025, to extend the proposed deadline for completion of the transactions contemplated by the Arrangement Agreement to August 31, 2025.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Corp. Provides Update on Chachas General Assembly

Element79 Gold Corp. Provides Update on Chachas General Assembly

(TheNewswire)

Element79 Gold Corp.

Vancouver, British Columbia TheNewswire - April 17, 202 5 Element79 Gold Corp. (CSE: ELEM | FSE: 7YS0 | OTC: ELMGF ) ( the "Company") herein provides an update on the latest community engagement and ongoing development efforts in the Rural Community of Chachas ("Chachas") for its Minas Lucero Project in Arequipa, Peru.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Corp. Provides Chachas Community update

Element79 Gold Corp. Provides Chachas Community update

(TheNewswire)

Element79 Gold Corp.

Vancouver, British Columbia TheNewswire - March 28, 2024 Element79 Gold Corp. (CSE: ELEM | FSE: 7YS0 | OTC: ELMGF) is pleased to provide an update on the latest Chachas community engagement and ongoing efforts for its Minas Lucero Project in Arequipa, Peru.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
ELEMENT79 Announces Revocation of MCTO

ELEMENT79 Announces Revocation of MCTO

(TheNewswire)

Element79 Gold Corp.

Vancouver TheNewswire March 6, 2025 Element79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) ("Element79 Gold", the "Company") is pleased to announce that effective March 5, 2025, the British Columbia Securities Commission ("BCSC") has revoked the temporary management cease trade order (the "MCTO") which prevented the Company's Officers, Board and Insiders from trading in the Company's securities but did not affect the ability of other shareholders, including the public, to trade in the securities of the Company.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Element79 Gold Announces Draw Down on Equity Facility with Crescita

Element79 Gold Announces Draw Down on Equity Facility with Crescita

(TheNewswire)

Element79 Gold Corp.

Vancouver TheNewswire February 28, 2025 Element79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) ("Element79 Gold", the "Company") a mining company focused on gold and silver, announces that it has recently leveraged its Crescita Equity Investment Facility ("Crescita Capital"), details of the Facility Agreement can be found in out original announcement on February 12, 2022. The Company has recently drawn CA$185,000 from this new facility.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
LaFleur Minerals Begins Permitting Process for a Bulk Sample from the Swanson Deposit to be Processed at its Beacon Gold Mill

LaFleur Minerals Begins Permitting Process for a Bulk Sample from the Swanson Deposit to be Processed at its Beacon Gold Mill

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce that it has initiated the permitting process to extract a surface bulk sample from its Swanson Gold Deposit located within a mining lease of the Company's district-scale, Swanson Gold Project, positioned in the prolific Abitibi Gold Belt. The bulk sample material will be processed at the Company's 100%-owned and fully permitted Beacon Gold Mill, located in Val-d'Or, Québec, and approximately 50 km from Swanson.

If the processed surface bulk sample of mineralized material from Swanson is deemed viable, the intention is to complete a Scoping Study, which will include evaluating the processing of Swanson mineralized material at the Beacon Gold Mill. A Scoping Study would further consider mine design, mining methodology, mining rate and gold production profile, facilities requirements, development schedules, and the overall project economics.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Rio Silver completes Definitive Agreement for the sale of Ninobamba, announces planned restructuring

Rio Silver completes Definitive Agreement for the sale of Ninobamba, announces planned restructuring

Rio Silver Inc. ("Rio Silver" or the "Company") (TSX.V: RYO) (OTC: RYOOF), announces that it has completed a definitive agreement (the "Option Agreement") with Magma Silver Corp. (TSX.V: MGMA) ("Magma Silver") for the sale (the "Transaction") of the Niñobamba Au-Ag property ("Niñobamba" or the "Project").

Under the terms of the Option Agreement, Magma Silver has the right to earn a 100% interest in the Project upon full exercise of the option. The Option Agreement requires Magma Silver to make payments of an aggregate CAD$260,000, of which CAD$160,000 of that amount has been paid. Magma Silver will make further milestone payments of up to US$2,000,000, US$500,000 of which will constitute advanced royalty payments and will be paid over the next five years, deductible from the net smelter return royalty of 2% granted to Rio Silver. Magma Silver retains the right to buy back 1% of the NSR for US$1,000,000 at any time prior to commercial production on the Project. The Option Agreement also requires Magma Silver to issue to Rio Silver a total of 2,500,000 common shares of Magma Silver upon receipt of regulatory approval, and a further 2,500,000 common shares on the first anniversary of the approval date.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

AngloGold Ashanti Agrees Sale of Côte d'Ivoire Projects

AngloGold Ashanti plc ("AngloGold Ashanti", "AGA" or the "Company") has agreed to sell its interests in two gold projects in Côte d'Ivoire to Resolute Mining Limited ("Resolute") as it continues to sharpen its focus on its operating assets and development projects in the United States.

The Company will sell Centamin West Africa Holdings Limited ("CWAH"), which owns the Doropo Project and the Archean-Birimian Contact ("ABC") Project in Côte d'Ivoire (collectively, the "Projects"), to Resolute, which has extensive operational experience in West Africa (the "Sale"). The breakdown of the consideration for the Sale is detailed below.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Horizon Minerals Limited  Experienced Mining Executive Joins Board

Horizon Minerals Limited Experienced Mining Executive Joins Board

Perth, Australia (ABN Newswire) - Horizon Minerals Limited (ASX:HRZ) is pleased to advise that Mr Rob (Robert) Waugh, has agreed to join the Horizon Board of Directors as a Non-Executive Director, effective 1 May 2025.

Rob has more than 35 years' experience in the resources sector with the majority in gold and base metals. Rob has held senior exploration management roles at WMC Resources Limited (WMC) and BHP Billiton Limited (BHP), prior to his role as Managing Director of Musgrave Minerals Limited which culminated in the $200M acquisition by Ramelius Resources Limited in late 2023.

Rob has had significant exploration success over his career, including being part of the team that discovered the Break of Day, White Heat and Big Sky gold deposits at Cue Western Australia, the Nebo-Babel Ni-Cu deposit in the West Musgrave region of WA, the Cobbler gold deposit at Norseman WA and the Duke Batman and Honeypot uranium deposits in Queensland.

Rob holds a Bachelor of Science (Geology) from the University of Western Australia and a Master of Science (Mineral Economics) from the Western Australian School of Mines. He is a member of the Australian Institute of Geoscientists and a fellow of the Australasian Institute of Mining and Metallurgy. He is currently Non-Executive Chair of Caprice Resources Limited and a Non-Executive Director of Future Battery Minerals Limited.

Commenting on the Board appointment, Horizon Non-Executive Chair Mr Ashok Parekh said:

"We are delighted to welcome a leader of Rob's standing to the Horizon Board as we embark on significant drilling programs to grow our 1.8Moz resource base and look for new discoveries within our extensive land holding in the WA Goldfields. We are confident Rob will bring experience, wisdom and valuable insights to this exciting growth phase for the Company."



About Horizon Minerals Limited:  

Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.

Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.

Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Lahontan Announces Closing of Upsized Private Placement of Units and Welcomes New Institutional Investor

Lahontan Announces Closing of Upsized Private Placement of Units and Welcomes New Institutional Investor

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) (the "Company" or "Lahontan") is pleased to announce that, further to its press releases of April 8, 2025, and April 22, 2025, the Company successfully completed its non-brokered private placement financing through the issuance of 42,705,700 units (each, a "Unit") in the capital of the Company at a price of $0.05 per Unit for aggregate gross proceeds of $2,135,285 (the "Offering"). The Company is also pleased to announce that Mr. Larry Lepard, through Equity Management Associates, LLC ("EMA") provided the lead order for the financing and were major participants in the Offering. Lahontan is excited to welcome Mr. Lepard and EMA as shareholders.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West Zone at True North

1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West Zone at True North

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from eight (8) drill holes for 1,371.0 metres ("m") from the ongoing surface drill program at the recently discovered San Antonio West target at the True North Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company's 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

Highlights:

News Provided by Canada Newswire 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

×