Element79 is a North American based Gold exploration company focused on the acquisition and development of high potential Gold assets located in favourable, established mining jurisdictions. The team’s skills of project exploration and advancement, M&A and capital raising are a perfect combination to produce results.
The Maverick Springs Project and the Battle Mountain Portfolio are primarily located in the same belts of gold deposits that house Nevada Gold's most notable properties.Maverick Springs is located just to the east of the Carlin Trend, the gold belt that hosts Nevada Gold's Carlin Mine (a combination of Newmont's Carlin Mine and Barrick's Goldstrike Mine), the world's second largest gold mine, which reported 1.665 million ounces of gold produced in 2020. Through 2019, the Carlin Trend has produced over 92.5 million ounces of gold since the original Carlin Mine went into production in 1965, and between 1987 and the end of 2018, Barrick produced over 44 million ounces of gold from Goldstrike Mine alone.
The Snowbird High-Grade Gold Project consists of 2,726 hectares across ten mineral claims located in Central British Columbia approximately 20 kilometers west of Fort St. James.
First discovered in the 1920s, the Snowbird High-Grade Gold Project’s original owners completed limited underground development in the 1930s and 1940s. A total of 226 shallow drill holes (both percussion and diamond) representing 19,580 meters have been completed on the Snowbird High-Grade Gold Project, the bulk of which occurred in the 1980s, with a total of 40 diamond drill holes (6,993 meters) drilled since 2017, including 9 holes for which results are pending.(1)
The Dale Property consists of a contiguous block of 90 claims (~4171 acres), situated in Ontario Canada’s Swayze Greenstone Belt, between two high strain zones. The Horwood Fault System transects north-south and centrally through it. Gold has been found at the contact of the mafic volcanic and is generally underexplored to date with what we believe to be lots of exploration upside.