Mr. Mike Smith reports

ELEMENT79 GOLD CORP. ANNOUNCES CHANGES TO BOARD OF DIRECTORS WITH EYE TO DRIVE CORPORATE GROWTH

Element79 Gold Corp.'s board of directors has accepted the resignation of Zara Kanji as director of the company, effective immediately. The board and management thank Ms. Kanji for her valuable contributions to the company and wish her the very best in her current and future endeavours.

At the same time, the board is pleased to announce the appointment of Mohammad Fazil as a director of the company, effective Sept. 15, 2025.

Mr. Fazil has been active in venture capital for over 35 years. He was employed by boutique investment dealers in Canada as a finance professional focusing on funding junior listed issuers on the Toronto Stock Exchange and TSX Venture Exchange. Mr. Fazil is the founder and president of Lion Park Capital, a private financial advisory firm helping companies raise funding and list on a Canadian stock exchange. He is the chairman of the Calgary branch of the TSX Venture Exchange's listing advisory committee and a member of the national advisory committee. He is president and director of Blue Sky Global Energy Corp., director of Smooth Rock Ventures Corp., chief executive officer and director of 5D Acquisition Corp., and president and director of Florence Once Capital Inc.

In accepting this role, Mr. Fazil commented: "I am honoured to join the board of Element79 Gold at such an important time in the company's growth trajectory. With a strong and potentially growing portfolio of projects, I look forward to contributing my expertise to help guide Element79's strategy, strengthen its foundations and create lasting value for shareholders." Mr. Fazil has submitted his consent to act and will be updating his personal information form with the Canadian Securities Exchange (CSE).

Michael Smith, chief executive officer, comments on the board changes: "On behalf of the company, I would like to sincerely thank Zara Kanji for her years of dedication and valuable service on the board. We wish her continued growth and success. At the same time, I welcome Mr. Fazil to the board and am confident that his perspective and leadership will be instrumental as we focus on advancing our portfolio of projects and driving long-term shareholder value under the guidance of a strong board."

The board looks forward to the experience and perspective that Mr. Fazil will bring to Element79 as the company continues to advance its portfolio of projects.

About Element79 Gold Corp.

Element79 Gold is a mining company focused on the exploration and development of its portfolio of high-potential gold projects. The company's main focus is its Nevada portfolio, anchored by the Gold Mountain and Elephant projects, both located in the world-class Battle Mountain trend. In addition, Element79 continues to advance its high-grade Lucero project in southern Peru, positioning the company for long-term exploration growth.

We seek Safe Harbor.