Element 29 Resources Inc.
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- Element 29 Resources Inc. is a Canada-based junior resource company focused on the exploration and development of copper, molybdenum, silver, gold, lead and zinc mineral properties in Peru. The company holds a portfolio of projects spanning more than 25,000 hectares of titled concessions, including its flagship Elida porphyry copper-molybdenum-silver project with 29 mining concessions covering approximately 19,749 hectares in the province of Ocros in west-central Peru; the Flor de Cobre porphyry copper-molybdenum project comprising 11 mining concessions over approximately 2,735 hectares in southern Peru's Copper Belt, 26 km southeast of Freeport-McMoRan Inc.'s Cerro Verde mine; the Paka porphyry copper project covering about 1,000 hectares of concessions and 1,600 hectares of claims; and the Pahuay porphyry copper project spanning approximately 1,200 hectares. Founded in 2017 and headquartered at 1005-409 Granville Street in Vancouver, British Columbia, Element 29 advances these properties toward potential Tier-1 mine development, leveraging Peru's established mining jurisdiction, proximity to infrastructure such as roads, powerlines, ports and water, and a skilled workforce. Recent developments include the addition of a third drill rig in October 2025 to accelerate the ongoing Phase-III resource expansion drilling program at Elida, which reported significant intercepts such as 1,039.6 metres of 0.54% copper equivalent in January 2025; closure of a $6.3 million private placement in August 2025 and a prior $3.26 million raise in 2024 to fund exploration; renewal of a five-year surface access agreement with the Elida host community expiring in 2030 to support expanded drilling on up to 40 platforms following DIA environmental approval; leadership changes with Richard Osmond assuming the roles of president and chief executive officer and Manuel Montoya joining as chief technical officer in 2024; receipt of environmental permits for Flor de Cobre drilling and a partnership with GlobeTrotters for exploration activities in March 2024; completion of magnetotelluric geophysical surveys identifying untapped anomalies at Elida in June 2025; and engagement of investor relations consultants Torrey Hills Capital in February 2025 and Stellium Service Ltd in April 2024.
Element 29 Extends Mineralization in ELID035 with Longest Intercept of 1,534.6 m Grading 0.58% CuEq2 at its Elida Porphyry Cu-Mo-Ag Deposit, Peru
Element 29 Renews IR Consultant Agreement and Engages Market Maker
Element 29 Engages Synectiq to Advance Resource Modelling and Metallurgical Test Work at its Elida Porphyry Cu-Mo-Ag Deposit, Peru
Element 29 Appoints Vice President, Investor Relations and Marketing
Element 29 Announces Grant of Stock Options and Deferred Share Units
Element 29 Closes $35.4 M Private Placement with 9.9% Interest Acquired by Strategic Investor
Element 29 Announces Private Placement of up to $35,500,000
Element 29 Continues to Drill Long Mineralized Intercepts to Potentially Expand Mineral Resources1 at Its Elida Porphyry Cu-Mo-Ag Deposit, Peru
Video - CEO Clips: Element 29 Resources Expands Copper Exploration at Elida Project in Peru
CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026
Element 29 Receives DIA Environmental Certification Advancing Drilling Permit Application at Paka Porphyry-Skarn Cu-Zn-(Au-Ag) Project, Perú
Solis Minerals readies dual Peru drill campaigns as copper exploration accelerates
Element 29 Reports Longest and Highest-Grade Intercepts to Date at Elida with 1,489 m of 0.58% CuEq2
Element 29 Receives DIA Environmental Certification Advancing New Drilling Permit Application at Elida Porphyry Cu-Mo-Ag Deposit, Perú
Element 29 Adds Third Drill Rig to Accelerate the Ongoing Drill Program at its Elida Porphyry Cu-Mo-Ag Deposit in Perú
Element 29 Continues Potential Resource Expansion Drilling at Its Elida Porphyry Cu-Mo-Ag Deposit in Perú
Element 29 Closes Private Placement of $6.3M
Element 29 Announces Upsized Private Placement of up to $6,400,000
Element 29 Announces Private Placement of up to $3,500,000
Element 29 Engages Investor Relations Consultant