Element79 Gold Corp.
ELEM.CN
Canadian Securities Exchange0.03
CAD
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Element79 Gold Corp.
ELEM.CN
(Canadian Securities Exchange)
Recent
price
0.03
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ratio
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div
yld
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ROIC.AI
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- Business
- Element79 Gold Corp. (TSX-V: ELEM) is a Canada-based gold exploration and development company focused on advancing high-grade gold projects in established mining jurisdictions. The company offers exploration services, resource estimation, and project development activities, including drilling programs, geophysical surveys, and feasibility studies for gold deposits; it also provides royalty and streaming interests on select properties. Operations span North America and South America, targeting junior mining investors, institutional funds, and strategic partners in the precious metals sector. Founded in 2007 and headquartered in Vancouver, British Columbia, Element79 maintains a portfolio of wholly-owned and optioned assets such as the Lucero project in Peru and the McMinnville property in Nevada. Core products and services encompass advanced-stage gold projects like the Clover gold property in British Columbia, emphasizing high-grade underground potential with historical resources exceeding 1 million ounces; technical reports compliant with NI 43-101 standards; and consulting services for mine permitting and environmental compliance. The company specializes in silver-gold vein systems and epithermal deposits, delivering shareholder value through resource delineation and potential production partnerships. In the past two years, Element79 has pursued strategic expansions, including the acquisition of a 100% interest in the Lucero silver project in Arequipa, Peru, in 2023, enhancing its Latin American footprint with over 50,000 hectares of prospective ground. Recent efforts feature a binding term sheet for funding the McMinnville gold-silver project via a royalty agreement announced in mid-2025, alongside ongoing Phase I drilling results from Lucero revealing high-grade intercepts. No major name changes or reorganizations have occurred, but the company strengthened its board with mining executives experienced in project finance during 2024.