04:30:57 EDT Sun 14 Sep 2025
Enter Symbol
or Name
USA
CA



Element79 Gold Corp (2)
Symbol ELEM
Shares Issued 108,061,344
Close 2025-08-06 C$ 0.04
Market Cap C$ 4,322,454
Recent Sedar Documents

Element79 to complete 43-101 report for Gold Mountain

2025-08-06 19:49 ET - News Release

Mr. James Tworek reports

ELEMENT79 GOLD ENGAGES RANGEFRONT MINING SERVICES TO PREPARE NI 43-101 TECHNICAL REPORT ON GOLD MOUNTAIN PROJECT; SITE VISIT COMPLETED

Element79 Gold Corp. has formally engaged Rangefront Mining Services of Elko, Nev., to prepare a National Instrument 43-101 technical report for the company's Gold Mountain project located in Lander county, Nevada.

As part of this engagement, Rangefront principal geologist and qualified person, Steven L. McMillin, MSc, CPG No. 11301, conducted a comprehensive site visit to the Gold Mountain property during the week of July 28, 2025. The fieldwork included inspection of historic adits, surface sampling zones, geological structures and claim boundaries in and around the Long Peak stock intrusion that underlies the project. The site visit is a critical step in validating data integrity and supports the development of the pending NI 43-101 property of merit report.

"We are excited to be working with Rangefront's expert team to build a strong technical foundation for the Gold Mountain project," stated James Tworek, chief executive officer of Element79. "This report is a significant step forward in advancing Gold Mountain into a drill-ready stage and further validating its strategic potential within the prolific Battle Mountain mining district."

About the Gold Mountain project

The Gold Mountain project was acquired by Element79 on Aug. 1, 2025, and comprises 34 unpatented lode claims covering approximately 702 acres, strategically situated 13 kilometres southwest of Battle Mountain, Nev. The area is historically known for producing both porphyry and structurally controlled high-grade gold-silver mineralization. The site visit and continuing technical work are intended to compile and digitize historical exploration data alongside 2023 surface sampling results.

The company expects to file the completed NI 43-101 technical report during third quarter 2025 and will provide further updates as the work progresses.

Qualified person

The technical information in this release has been reviewed and approved by Kim Kirkland, fellow of AusIMM No. 309585, chief operating officer of Element79, a qualified person as defined by National Instrument 43-101.

About Element79 Gold Corp.

Element79 is a mining company focused on gold and silver exploration, with a portfolio of assets in Nevada and Peru. The company is actively advancing its Elephant project in the Battle Mountain trend of Nevada, and has recently acquired the drill-ready Gold Mountain project in Battle Mountain, Nev. The company also holds an option to purchase the high-grade Lucero mine in southern Peru. Element79 Gold has completed the transfer of its Dale property in Ontario to its wholly owned subsidiary, Synergy Metals Corp., and is progressing through the plan of arrangement spinout process. Element79 Gold is listed on the Canadian Securities Exchange (ELEM), the Frankfurt Stock Exchange (7YS0) and the OTCQB market (ELMGF).

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