Element79 Gold Corp.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Michael Smith
- Full Time Employees
- 3
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1111 Melville Street Vancouver BC Canada V6E 3V6
- IPO Date
- Nov 11, 2021
- Website
- element79.gold
- Similar Companies
- Business
- Element79 Gold Corp (CSE: ELEM; OTC: ELMGF; FSE: 7YS0) is a Canadian mining company focused on the acquisition, exploration, and development of gold, silver, and associated metals properties; it offers exploration services, resource delineation drilling, and mine redevelopment initiatives across its portfolio of assets. The company holds interests in the high-grade Lucero mine in Arequipa, Peru, a past-producing property spanning 10,805 hectares with 74 at-surface veins, a high-sulphidation zone, and permits for 350 tonnes per day ore extraction; the Elephant and Gold Mountain projects in Nevada's Battle Mountain trend, USA, covering 230 claims across 4,458 acres of drill-ready gold exploration ground; and formerly the Maverick Springs project with a 43-101 inferred resource of 3.71 million ounces gold equivalent. It also maintains optioned properties including the Snowbird high-grade gold project in British Columbia, Canada, and the Dale property in Ontario, Canada, which was transferred to its wholly-owned subsidiary Synergy Metals Corp for a planned spin-out via plan of arrangement. Founded in 2020 and headquartered in Vancouver, British Columbia, Element79 operates primarily in mining-friendly jurisdictions of Peru, Nevada, USA, and Canada, targeting artisanal toll milling, tailings reprocessing, and bulk sampling for near-term cash flow at Lucero alongside long-term resource growth in Nevada. Recent developments include the execution of a definitive agreement on July 31, 2025, to acquire the drill-ready Gold Mountain project from a private vendor, following a letter of intent signed June 9, 2025; strategic leadership changes effective August 31, 2025, to refine focus on Nevada exploration; an arrangement agreement dated January 10, 2025, with Synergy Metals Corp to advance the Dale property spin-out; and ongoing preparations for resource drilling and production restart at Lucero to generate non-dilutive revenue in 2025.
Company News
Element79 Gold Corp. Announces Synergy Metals Corp. Begins Trading On The CSE
Element79 Gold Corp. And Synergy Metals Corp. Announce Completion Of Plan Of Arrangement And Merger
Element79 Gold Corp. And Synergy Metals Corp. Announce Filing Of CSE Listing Statement
Element79 Gold Announces Fourth Amendment to Lucero Purchase and Sale Agreement with Condor Resources
Element79 Announces Received Final Order Approving Previously Announced Plan of Arrangement with Synergy Metals Corp.
Element79 Announces Voting Results from Special Meeting
Element79 Gold Completes Phase One Infrastructure Program at Gold Mountain and Initiates Drill Contractor Selection Process
Element79 Gold Announces Non-Brokered Private Placement of up to C$1,000,000
Element79 Gold Announces Binding MOU for Sale of Lucero Project
Element79 Announces Extension to Proposed Spin Out and Merger, Mailing of Meeting Materials for Special Meeting in Connection with Previously Announced Plan of Arrangement with Synergy Metals Corp.
Element79 Gold Corp. Announces Postponement of Special Meeting of Securityholders in Connection with Previously Announced Plan of Arrangement with Synergy Metals Corp.
Element79 Gold to Begin Phase One Road Construction on Gold Mountain Project
Element79 Announces Extension to Proposed Spin Out and Merger, Mailing of Meeting Materials for Special Meeting in Connection with Previously Announced Plan of Arrangement with Synergy Metals Corp.
Element79 Gold Corp Files NI 43-101 Technical Report for Elephant Project in Nevada's Battle Mountain District
Element79 Announces Extension to Proposed Spin Out and Merger
Element79 Gold Corp Secures Reclamation Bond Approval for Gold Mountain Exploration Project
Element79 Gold Corp. to Showcase Nevada Focus and Growth Strategy at Munich Rohstoffmesse 2025
Element79 Gold Corp Obtains 2-Year Extension of Drilling Permit for Gold Mountain Project
Element79 Gold Corp Engages Rangefront Mining Services to Complete Ni 43-101 Technical Report on Elephant Project
Element79 Gold Corp. Announces Filing of NI 43-101 Technical Report for Gold Mountain Project, Nevada