
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.
Element 79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) ("Element 79 Gold", the "Company") is pleased to announce that recent assay results continue to show the significant potential of its past producing Lucero mine project in Arequipa, Peru.
“The most recent batch of 21 assay results from the March 2023 underground sampling program on the Apacheta Zone of the Lucero project revealed exceptionally high-grade gold and silver mineralization, 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.” said James Tworek, CEO of Element79 Gold.
The most recent assay results were collected underground as chip samples across several veins from the Apacheta Zone, where local Informal miners had worked sporadically for the last several years. The April work program focused on three different underground workings and revealed high-grade gold-silver mineralization confirming two orientations of mineralized structures. These comprise a roughly E-W orientation associated with higher precious metals and a more NW orientation associated with higher base metals, both with economic grades (Table 1.) and host veins approximately 0.3 meters thick.
Table 1. Assay Results from 2023 Chip Sampling Program on the Lucero Project
Sample | Au | Au | Ag | Ag | Cu | Pb | Zn | Vein | Mine |
Number | g/tonne | Oz/ton | g/tonne | Oz/ton | % | % | % | Width (m) | Working |
LUC2023-01 | 9.9 | 0.3 | 441 | 12.9 | 0.02 | 0.29 | 1.32 | 0.30 | NV 150 SUR |
LUC2023-02 | 9.9 | 0.3 | 319 | 9.3 | 0.03 | 0.25 | 0.74 | 0.30 | NV 150 SUR |
LUC2023-03 | 31.7 | 0.9 | 325 | 9.5 | 0.00 | 0.25 | 0.24 | 0.20 | NV 150 SUR |
LUC2023-04 | 78.9 | 2.3 | 3343 | 97.5 | 0.26 | 0.38 | 0.55 | 0.20 | NV 150 SUR |
LUC2023-05 | 74.5 | 2.2 | 2645 | 77.1 | 0.16 | 0.36 | 0.51 | 0.20 | NV 150 SUR |
LUC2023-06 | 402.0 | 11.7 | 8464 | 246.9 | 0.08 | 0.04 | 0.04 | 0.20 | NV 150 SUR |
LUC2023-07 | 231.0 | 6.7 | 8363 | 243.9 | 0.19 | 0.98 | 1.43 | 0.25 | NV 150 SUR |
LUC2023-08 | 30.2 | 0.9 | 493 | 14.4 | 0.20 | 1.52 | 1.82 | 0.30 | NV 150 SUR (1) |
LUC2023-09 | 105.0 | 3.1 | 3841 | 112.0 | 0.44 | 14.86 | 22.4 | 0.40 | NV 150 SUR (1) |
LUC2023-10 | 204.0 | 6.0 | 2416 | 70.5 | 0.61 | 7.03 | 5.56 | 0.30 | NV 150 SUR (1) |
LUC2023-11 | 143.0 | 4.2 | 1593 | 46.5 | 0.43 | 4.95 | 3.30 | 0.30 | NV 150 SUR (1) |
LUC2023-12 | 2.9 | 0.1 | 53 | 1.6 | 0.14 | 0.46 | 0.81 | 0.40 | NV 150 NORTE |
LUC2023-13 | 8.6 | 0.2 | 126 | 3.7 | 0.77 | 2.46 | 5.64 | 0.30 | NV 150 NORTE |
LUC2023-14 | 14.5 | 0.4 | 294 | 8.6 | 2.49 | 5.49 | 9.71 | 0.30 | NV 150 NORTE |
LUC2023-15 | 24.1 | 0.7 | 285 | 8.3 | 1.85 | 11.43 | 19.61 | 0.50 | NV 150 NORTE |
LUC2023-16 | 24.4 | 0.7 | 225 | 6.6 | 1.54 | 8.61 | 16.50 | 0.50 | NV 150 NORTE |
LUC2023-17 | 52.6 | 1.5 | 634 | 18.5 | 0.72 | 5.57 | 8.33 | 0.40 | NV 150 NORTE |
LUC2023-18 | 25.5 | 0.7 | 453 | 13.2 | 0.08 | 0.51 | 0.27 | 0.40 | NV 200 |
LUC2023-19 | 31.6 | 0.9 | 1821 | 53.1 | 0.16 | 1.18 | 2.09 | 0.10 | NV 200 |
LUC2023-20 | 26.0 | 0.8 | 2213 | 64.5 | 0.06 | 4.03 | 8.45 | 0.30 | NV 200 |
LUC2023-21 | 32.9 | 1.0 | 1479 | 43.1 | 0.24 | 0.48 | 0.65 | 0.30 | NV 200 |
"The latest assay results confirm the high-grade nature of the Lucero project, consistent with visible mineralization observed during site visits and by prior operators," said James Tworek, CEO of Element79 Gold. "We have the benefit of a running start as the Lucero project has been in production in the past, and many underground workings remain accessible. Our recent work and associated results continue to demonstrate the significant potential of our assets while reinforcing our belief that the project hosts more commercially exploitable veins as it has seen little modern exploration. We will continue monthly work packages following on from this March trip, including anticipating sampling and mapping in the Pillune and Sando Alcalde areas which were important past producers. We look forward to sharing additional results as we complete these programs in sequence over the next year."
The Company's ongoing 2023 exploration program includes additional surface and underground mapping, sampling, surveying, data collection, and drilling to further identify and delineate existing and new mineralized zones. This data will feed into a geological model for drill planning and assess identified ore shoots for their economic concentrations and production viability. The results of this ongoing program will inform the Company's next steps in advancing the project towards more aggressive drilling plans as well as bulk sampling extraction.
Figure 1. Lucero Project showing major historic mining areas, including Apacheta area
Tworek added, "With these positive results, the Company makes further progress in line with its 2023 Work Plan (as announced in the Company's News Release February 15, 2023) and we look forward to updating our investors on additional positive results from exploration plans as we receive and analyze them. "
Figure 3. A: LUC2023-06, 0.2-meter quartz vein with rhodochrosite and calcite with patches of pyrite, chalcopyrite, and sulfosalts. B. LUC2023-15, 0.5-meter galena-rich vein with sulfosalts. C. LUC2023-10, 0.3-meter granular quartz vein with pyrite, chalcopyrite, galena, sulfosalts and iron oxides. D. LUC2023-17, 0.4-meter vein with galena, sulfosalts, pyrite, and chalcopyrite E. LUC2023-18, 0.4-meter vein with patches of pyrite, chalcopyrite
About the Lucero Project
Formerly operated as the Shila mine from 1989 to 2005 by Buenaventura, Lucero consists of 10,805 hectares located in the Shila range of southern Peru, which contains several historic high grade gold-silver mines.(1) Lucero consistently delivered high grades during 16 years of operations, and between 1998 and 2004 reported production averaging approximately 18,800 ounces of gold and 435,000 ounces of silver per year at grades of 14.0 g/t gold and 373 g/t silver, with recoveries at the ore processing facility averaging 94.5% for gold and 85.5% for silver.
QA/QC
All samples were collected by Helmut Herrera of SLM Mining Services S.A.C of Peru (Lima) and submitted to Certimin S.A. of Peru (Lima). Samples were prepared by crushing to 90% passing <2mm, with a 250-gram split pulverized to 85% passing 75 micrometers, and analysed by four acid digestion followed by Inductively Couple Plasma with an Optical Emission Spectrophotometry detector (ICP-OES) for 35 elements including silver, while gold was analyzed by Fire Assay with a 30-gram sample with an Atomic Absorption Spectrophotometry detector (AAS) finish for assay up to 10 g/t. Overlimit gold was analysed by fire assay with a gravimetric finish. Overlimit Silver (>100 g/t) was analysed by four acid digestion and AAS finish, silver >1000 g/t was analysed by fire Assay with a gravimetric finish. Overlimit lead and zinc were analysed by ore grade techniques using four acid digestion and ICP-OES finish.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Director of Element79 Gold and a "qualified person" as defined by National Instrument 43-101.
About Element79 Gold
Element79 Gold is a mining company focused on gold, silver and associated metals committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's main focus is on two core properties: the previously-producing, high-grade gold and silver mine, Lucero, located in Arequipa, Peru, with the intent to develop a maiden resource on it as well as bring it back into production in the near term; and its flagship Maverick Springs Project located in the famous gold mining district of northeastern Nevada, USA, between the Elko and White Pine Counties. Maverick Springs hosts a 43-101-compliant, pit-constrained mineral resource estimate reflecting an inferred resource of 3.71 million ounces of gold equivalent "AuEq" at a grade of 0.92 g/t AuEq (0.34 g/t Au and 43.4 g/t Ag) with an effective date of Oct. 19, 2022. The acquisition of the Maverick Springs Project also included a portfolio of 15 properties along the Battle Mountain trend in Nevada, which are non-core to its primary business focus. In British Columbia, Element79 Gold has executed a Letter of Intent and funded a drilling program to acquire a private company which holds the option to 100% interest of the Snowbird High-Grade Gold Project, which consists of 10 mineral claims located in Central British Columbia, approximately 20km west of Fort St. James. The Company also has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, Canada in the Timmins Mining Division, Dale Township. The Company is analyzing the non-core Nevada projects, The Dale Property and Snowbird Property for further merit of exploration, sale or spin-out.
For more information about the Company, please visit www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer
E-mail: jt@element79.gold
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.613.879.9387
E-mail: investors@element79.gold
Cautionary Note Regarding Forward Looking Statements
This press contains "forward‐looking information" and "forward-looking statements" under applicable securities laws (collectively, "forward‐looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements include, but are not limited to, statements with respect to: the Company's business strategy; future planning processes; exploration activities; the timing and result of exploration activities; capital projects and exploration activities and the possible results thereof; acquisition opportunities; and the impact of acquisitions, if any, on the Company. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. Consequently, forward-looking statements cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. All statements other than statements of historical fact may be forward‐looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward‐looking statements".
Actual results may vary from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: the duration and effects of the coronavirus and COVID-19; risks related to the integration of acquisitions; actual results of exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; commodity prices; variations in ore reserves, grade or recovery rates; actual performance of plant, equipment or processes relative to specifications and expectations; accidents; labour relations; relations with local communities; changes in national or local governments; changes in applicable legislation or application thereof; delays in obtaining approvals or financing or in the completion of development or construction activities; exchange rate fluctuations; requirements for additional capital; government regulation; environmental risks; reclamation expenses; outcomes of pending litigation; limitations on insurance coverage as well as those factors discussed in the Company's other public disclosure documents, available on www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.
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.
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
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) |
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
(TheNewswire)
Vancouver, BC TheNewswire - July 21, 2025 - Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF | FSE: 7YS0 | OTCQB: ELMGF) ("Element79 Gold" or the "Company") is pleased to announce the appointment of Michael Smith as Vice President, Corporate Development, engaged under contract to support the Company's renewed growth trajectory and strategic capital markets initiatives.
Mr. Smith brings over 15 years of diverse business leadership experience across business development, capital raising, public company operations, and investor relations. He has held executive and board-level roles with several CSE-listed companies and is the Founder of Lions Bridge Capital, a boutique advisory firm supporting startups and growth-stage businesses. His expertise spans capital raising, mergers and acquisitions, regulatory compliance, and corporate messaging—skills directly aligned with Element79 Gold's objectives as it accelerates exploration and development across its Nevada portfolio, including the Gold Mountain and Elephant projects.
"Michael brings the energy and market perspective that are critical as we transition into this next phase of strategic execution," said James Tworek, CEO of Element79 Gold. "His capital markets experience and ability to connect with investors will be instrumental in unlocking the value of our core projects in Nevada, as well as while the picture for advancing our Lucero project becomes more clear."
"Element79 Gold is at a pivotal point in its growth story, with outstanding assets in Nevada that are ready for the market's attention," said Michael Smith. "I'm excited to bring my network and capital markets experience to help shape the next chapter of the Company's journey."
The Company's website at www.element79.gold is under development to reflect the current portfolio and evolving team.
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, acquiring the drill-ready Gold Mountain project in Battle Mountain, Nevada, and 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
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
(TheNewswire)
Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com
Vancouver, British Columbia TheNewswire - July 18, 2025 -- Element79 Gold Corp (OTCQB: ELMGF, CSE: ELEM,OTC:ELMGF, FSE: 7YS0) a mining company focused on gold and silver exploration with a portfolio of assets in Nevada and Peru, today announced that CEO and Director, James C. Tworek, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 23, 2025
DATE : July 23, 2025
TIME: 1:30pm EST
LINK: REGISTER HERE
Available for 1x1 meetings: July 23-29, 9am-5pm EST – booking link: Element79 Gold - 1x1 Meeting Management Link
This will be a live, interactive online event where investors are invited to ask the company
questions in real-time. If attendees are not able to join the event live on the day of the
conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com .
Recent Company Highlights:
Strategic refocus on Nevada exploration
Upcoming 43-101 reports in progress for Elephant and Gold Mountain
Preparing for exploration at Elephant project,
Acquisition of drill-ready Gold Mountain project in Battle Mountain trend
Near-term catalysts include:
Updated technical disclosures and resource modeling;
Drilling and exploration program launches at Gold Mountain and Elephant;
Strategic communications and investor engagement to reinforce market positioning
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 Gold Mountain and Elephant projects in Nevada and holds the high-grade Lucero mine in southern Peru. Element79 Gold is listed on the OTCQB Market (OTCQB: ELMGF), Canadian Securities Exchange (CSE: ELEM,OTC:ELMGF), and the Frankfurt Stock Exchange (FSE: 7YS0).
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.
CONTACTS:
Mike Smith
VP, Corporate Development
C: +1.604.319.6853
Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Element79 Gold Corp (OTCQB: ELMGF, CSE: ELEM,OTC:ELMGF, FSE: 7YS0) a mining company focused on gold and silver exploration with a portfolio of assets in Nevada and Peru, today announced that CEO and Director, James C. Tworek, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 23, 2025
DATE : July 23, 2025
TIME: 1:30pm EST
LINK: REGISTER HERE
Available for 1x1 meetings: July 23-29, 9am-5pm EST – booking link: Element79 Gold - 1x1 Meeting Management Link
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com .
Recent Company Highlights:
Near-term catalysts include:
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 Gold Mountain and Elephant projects in Nevada and holds the high-grade Lucero mine in southern Peru. Element79 Gold is listed on the OTCQB Market (OTCQB: ELMGF), Canadian Securities Exchange (CSE: ELEM,OTC:ELMGF), and the Frankfurt Stock Exchange (FSE: 7YS0).
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.
CONTACTS:
Mike Smith
VP, Corporate Development
C: +1.604.319.6853
ms@element79.gold
Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
Newmont (TSX:NGT,NYSE:NEM) has deployed drones and a remote-controlled scoop to help rescue three workers trapped underground since Tuesday (July 22) at its Red Chris gold mine in BC.
The incident occurred during work on a non-producing section of the mine’s underground development project.
According to the company, the three contract employees were initially located more than 500 meters beyond the site of the first collapse. They were directed to relocate to a designated refuge chamber before a second fall of ground sealed off the access way and disrupted communication.
“Following the first event, contact was established with the individuals and confirmation was received that they had safely relocated to one of multiple self-contained refuge bays,” Newmont said in a Wednesday (July 23) statement. “The refuge stations are equipped with adequate food, water and ventilation to support an extended stay.”
The company is using aerial drones to assess underground conditions, while a remote-controlled scoop has been deployed from Newmont’s Brucejack mine, also in BC.
It will begin clearing the estimated 20 to 30 meters of debris obstructing the tunnel.
Communication with the trapped miners remains severed after the second collapse, but the company said the men are believed to be sheltering in a chamber designed to support up to 16 people.
Operations at Red Chris have been suspended to focus entirely on rescue efforts. The company said that it has activated emergency protocols and assembled specialized rescue teams from nearby mine sites.
While the full extent of the damage underground is still being assessed, the use of unmanned equipment is intended to reduce risk to emergency personnel while the area remains geotechnically unstable.
Newmont has not provided an estimated timeline for reestablishing contact or extracting the workers, but emphasized that all available technology and expertise are being brought to bear.
The Red Chris mine, located roughly 80 kilometers south of Dease Lake and more than 1,000 kilometers north of Vancouver, is operated by Newmont under a 70/30 joint venture with Imperial Metals (TSX:III,OTC:IPMLF).
The operation has been producing since 2015, though the incident occurred in a non-producing development zone.
Last year, Red Chris produced approximately 40,000 ounces of gold, making it one of the smaller contributors in Newmont’s global portfolio. The company acquired its majority stake in the mine through its 2023 purchase of Newcrest Mining, which previously managed the asset.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, explains that market risk and uncertainty are driving gold, with H1 2025 seeing multiple record highs.
"Think strategically when you think about gold, and keep that allocation in mind," he said.
He also shares thoughts on the importance of central bank allocations and the potential impact of tariffs and US economic conditions on gold during the second half of 2025.
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
Falco Resources (TSXV:FPC) has entered the final stages of the environmental authorization process for its flagship Horne 5 gold project in Quebec, with a government decision expected by late 2025.
“(An environmental analysis) report should be submitted to the minister in the next few months, and the final decision has to be done by decree,” said Luc Lessard, president and CEO of Falco Resources, in an interview with Investingnews.com. The company is hoping the decision will come sometime late in 2025, Lessard added.
Located in the prolific Abitibi region, the Horne 5 project is central to Falco’s strategy to support Quebec’s ambition to lead the energy and technological transition. Lessard emphasized that the project’s mineral profile, particularly its zinc and copper content, makes it well-positioned to align with Quebec’s broader critical and strategic minerals development plan.
The chief executive also noted the Horne 5 project leverages several environmental innovations, including a set of measures to protect waterways and drinking water intake, the Implementation of a dust collection system to reduce metal emissions from mine ventilation by 98.64 percent, and the use of already disturbed sites unlikely to be rehabilitated without the mining project.
Falco is also looking to the future with significant exploration potential for the Horne 5 project, beyond its current deposit.
Falco owns about 67,000 hectares of land package in the Abitibi, Lessard noted. “That gives us the possibility to increase additional resources closer to the surface, add some feed to the central mill of the Horne 5 project, and that will increase the life of mine.”
Watch the full interview with Falco Resources President and CEO Luc Lessard above.