CSE:ELEM | OTC:ELMGF
Welcome to Element79 Gold Corp.
We are big believers in gold.
For a variety of reasons, we think the precious metals sector is entering a bull run. If you believe the same, we invite your to read about our company, Element79 Gold Corp.
Element79 is bring innovation to the gold mining sector.
We are creating value through our core focus on generating revenue in the near term, along with exploiting our "blue sky" exploration potential.
Add to your Watch List: CSE:ELEM OTC:ELMGF
7 Reasons Investors Need to Pay Attention to Element79 Gold Corp.
1. Near-Term Production and Cash Flow
The best place to find a mine is an old mine!
Element79 Gold has strategically positioned itself with a unique opportunity to generate near-term cash flow, which quickly puts the company into a position to fund growth with revenue.
Lucero commercially produced from 1989-2005 and is permitted for 350tpd extraction today. Historical grades from this mine averaged 14g/t gold and 393g/t silver - that's high grade extraction potential to restart today.
2. All-Star Team
The true assets of any company are the team driving the vision and doing the work. Element79 Gold has assembled an extraordinary team of mine explorers, developers and operators with careers of experience working at some of the largest mines on the planet.
3. Proven Track Record of Generating Solid ROI Results
The team recently doubled a 1.8M ounce historical resource into an Inferred 3.71M ounces of gold equivalent (AuEq) on the Maverick Springs property, then sold it for a 51% ROI over 28 months: the Element79 Gold team has proven its ability to generate solid results for investors.
4. Spin-Out Opportunities for Further Value Generation
As the company dials in its focus on restarting production at Lucero, it is divesting of its healthy portfolio of projects in Nevada and Canada for Spin-Outs, JVs and sale to generate revenue and grow its balance sheet.
5. Closeology
At its Lucero property in Arequipa, Peru, Element79 Gold is triangulated between multiple mills and active mines. Regional infrastructure and expertise will play a role in reactivation and revenue generation.
Clover in Battle Mountain, Nevada, is located 16 km west of Hecla Mining Company’s Midas Mine, the largest known gold-silver epithermal deposit along the Northern Nevada Rift.
6. Jurisdictional Diversification
With assets spread in Nevada, Canada, and Peru, Element79 Gold has a balanced portfolio of varying grades and risks.
Peru is the 8th largest gold producer on the planet, and tne 2nd largest copper producer. Mining is a major foundation of the country's GDP and psyche.
Nevada is known as the "best zip code for mining", consistently ranked in the Top 10 by the Fraser Institute’s Annual Survey of Mining Companies for Investment Attractiveness, (ranked #3 in 2021).
7. Tidy Share Structure
Because of its potential ability to generate cashflow in the near-term from its Peruvian assets, the risk of watering down the stock is greatly reduced.
Element79 has ~83M shares outstanding, with 48% held by strategic and founding investors, Board and Management hold 16%, the Mine Plus Group holds 9%, 2% by Condor Resources ($CN.V) and around 15% is held by retail investors.
Lucero: The
Flagship Asset
In June 2022, Element79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) made a monumental acquisition when it picked up two Peruvian properties, including the past-producing Lucero Mine.
Lucero is one of the highest-grade underground mines in Peru’s history. It is legendary, with averaged historical grades of 19 g/t AuEq (14 g/t Au and 393 g/t Ag). It is permitted for up to 350 tonnes per day of high-grade ore extraction.
Element79 Gold has spent 18 months establishing and growing a favorable social relationships with the local community as well as local mills with accessible capacity.
WHY YOU SHOULD BE BUYING ELEMENT79 GOLD
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Strategy and Execution
Moving forward, the Element79 Gold strategy is two-fold:
FIRST, Element79 Gold has completed an mapping and exploration plan, which has led to drill targeting for a summer 2024 drill program. This drilling will prove up a Mineral Resource Estimate and feed a mine plan and Pre Economic Assessment, providing confidence to restart commercial production from the existing mine workings.
SECOND, the company will then leverage regional infrastructure for commercial off-take, while sustainably extracting the high-grade ore to generate non-dilutive cash flow to further fund corporate operations and exploration initiatives across Element79 Gold’s projects.
In the world of mining, to secure cashflow THIS early on in the company’s story arc is rare, almost unheard of. It can’t be emphasized enough how much of an advantage this will be for Element79 Gold Corp. (CSE:ELEM) (OTC:ELMGF), once they’re generating revenue from gold and silver sales.
World Class Mining Team
When it comes to mining, the ones steering the ship can make or break a journey.
In the case of Element79 Gold Corp. we’re looking at a world class team that not only has experience making discoveries, but also seeing them through to an exit, production, and or operating mines.
CEO, Director
James C. Tworek
With 25 years of experience in project finance, Tworek has a rich background in project finance and natural resources. He currently acts as an Advisor to the Board of Muzhu Mining (CSE:MUZU), and is a Director at Florence One Capital (TSX:FONC).
COO
Kim Kirkland
JORC Fellow
Kirkland is a seasoned executive with extensive experience in the mining industry specifically in Nevada and Peru.
As Regional Manager at the Las Bambas Copper Mine in Peru for MMG, Kim was responsible for overseeing the day-to-day operations.
Director
Antonios Maragakis
PhD., M.Sc.
Kirkland is a seasoned executive with extensive experience in the mining industry specifically in Nevada and Peru.
As Regional Manager at the Las Bambas Copper Mine in Peru for MMG, Kim was responsible for overseeing the day-to-day operations.
Director, Qualified Person
Neill Pettigrew
MSc., P.Geo.
Pettigrew is a highly experienced and well-respected professional geologist who has spent over two decades working in the mineral exploration industry.
Strategic Advisor
Shane Williams
Williams has over 20 years of experience in the mining/oil and gas industry, and most recently stepped down from his position as COO at Skeena Resources after three years.
Why Element79 Stands Out
There's a saying in mining: "You can't beat grade"...
Lucero's past era of commercial production yielded on average 14g/t gold and 450g/t silver.
Recent channel samples reinforce the viability, reflecting as high as 11.07 oz/t gold and 247 oz/t silver. There's a high-grade mine waiting to get back into commercial production in the near term, and it's more than economical at $2000+ gold and $30 silver rates.
Among its peers in the junior mining space, Element79 stands out with thier flagship past-producing mine. By formalizing and aligning interests with artisanal miners, we can offer improved cost, safety, and social benefits to the local community.
The team is hand-picked of seasoned mine developers with a proven track record of building and operating mines, geared to bringing a Lucero into commercial production in the near term.
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With an exciting 2024 work program ramping up, THIS IS THE PERFECT TIME for smart investors to take a more serious look at Element79 Gold Corp. — because NOW is the best timing to secure an early-mover advantage!
There are plenty of updates to come on the horizon for Element79 Gold Corp.
So, do your due diligence, and don’t forget to subscribe for email updates and make sure you don’t miss out on any of Element79 Gold’s news and milestones.
FORWARD LOOKING STATEMENTS DISCLAIMER: This content contains certain forward-looking statements that reflect the current views and/or expectations of Element79 Gold (the "Company") with respect to its performance, business and future events, including statements regarding the Company's beliefs regarding future exploration of its projects, future drilling locations and its plans and budgets, exploration and permitting timelines, future acquisition opportunities and exploration plans. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company's current exploration programs and objectives can be achieved; the Company will not experience any material accident, labour dispute or equipment failure; financing will be available if and when needed on reasonable terms; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that the Company has a limited operating history; that resource exploration and development is a speculative business; that the Company may lose or abandon its property interests; that the Company's properties are in the exploration stage and without known bodies of commercial ore; that the Company may not be able to obtain all necessary permits and approvals on any of its properties; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; potential defects in title to the Company's properties; fluctuations in currency exchange rates; changes in tax or royalty rates; operating hazards and risks; potential inability to find suitable acquisition opportunities and/or complete the same and other factors listed in the Company's public filings, including its Management's Discussion and Analysis, a copy of which is available under Element79 Gold’s profile at www.sedar.com. Although Element79 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause, actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law. Third-Party Information: Certain information in this presentation regarding the activities of other companies and other market information has been obtained from publicly available information and industry reports. Such reports generally state that the information contained therein has been obtained from sources believed to be reliable, but the accuracy or completeness of such information is not guaranteed. We have not independently verified or cannot guarantee the accuracy or completeness of that information and investors should use caution in placing reliance on such information. Results from other projects are provided for information purposes only and are not indicative of the results that may be obtained from the Company's properties or those it may acquire in the future.