Mr. James Tworek reports

ELEMENT79 GOLD CORP PROVIDES UPDATE ON SOCIAL COMMITMENTS, REITERATES FOCUS OF BUILDING A SUSTAINABLE FUTURE TOGETHER WITH CHACHAS COMMUNITY

Element79 Gold Corp. has provided an update on its continuing efforts to fulfill contractual commitments to the local Chachas community, as previously announced in a news release dated Sept. 12, 2023. These commitments are integral to securing the necessary permits for further exploration, with the goal of potential bulk sampling and revenue generation in 2024.

Element79 Gold's management team and contractors will be present in the Chachas community on Oct. 6 to 8 for meetings and a formal donation ceremony, where the delivery of the piping to the community of Chachas, Peru. This initiative underscores the company's commitment to nurturing positive relationships with local communities while upholding the highest standards of environmental and ethical responsibility in its exploration endeavours.

The piping will play a vital role in redirecting water at La Jocha in Ticlla, a critical infrastructure project with far-reaching benefits for the entire community.

"We express our sincere gratitude for the trust and support extended by the community of Chachas," remarked James Tworek. "We eagerly anticipate further collaboration to foster a mutually beneficial partnership."

In addition to the piping donation, Element79 Gold is actively engaged with the community of Chachas in the development of a comprehensive plan for sustainable exploration and development at the Lucero project. This strategic plan prioritizes the minimization of environmental impact while maximizing the advantages to the local community.

Element79 Gold reiterates its dedication to conducting environmentally responsible and sustainable exploration activities, emphasizing the importance of collaboration with the local community for mutual benefit. Element79 Gold is enthusiastic about its role within the community of Chachas and eagerly anticipates further co-operative efforts to build a brighter, more sustainable future for all parties involved.

About Element79 Gold Corp.

Element79 Gold is a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's main focus is on developing its previously producing , high-grade gold and silver mine, the Lucero project, located in Arequipa, Peru, with the intent to bring it back into production in the near term.

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