Innovating the Junior Mining Model:
Near Term Cash Flow Potential With Blue Sky Exploration.
Diversified Value Creation in Nevada and Peru.
About Element79
Element79 is a gold and precious metals mining and exploration company focused on generating revenue in the near term, along with development of high-potential assets located in favourable, established mining jurisdictions.
We are big believers in gold, and that we believe we're about to enter a bull run in the precious metals sector for a variety of reasons.
ELEMENT79
Who We Are
Element79 Gold Corp is a Canadian-based mining company focused on resource expansion and cash flow generation from its globally-diversified portfolio of properties. The company's Executive Team, Board of Directors and Special Advisors are a group of industry professionals who have constructed premiere mining companies in the past and are looking to replicate their success with Element79 Gold.
Key Assets
The Company also owns two notable exploration assets along the Battle Mountain trend in Nevada, Clover and West Whistler, which will be explored and drilled with the intent to generate a Resource value in 2024 and beyond.
The Company is currently entertaining an Option to Sell its former flagship, Maverick Springs located in Elko and White Pine Counties, Nevada, with a Inferred resource of 3.71 Million Ounces of AuEq. The company anticipates closing this sale on or before the end of March 2024.
ELEMENT79
Who We Are
Element79 Gold Corp is a Canadian-based mining company focused on resource expansion and cash flow generation from its globally-diversified portfolio of properties. The company's Executive Team, Board of Directors and Special Advisors are a group of industry professionals who have constructed premiere mining companies in the past and are looking to replicate their success with Element79 Gold.
Key Assets
Element79 Gold's flagship Maverick Springs Project in the northeastern Nevada hosts an inferred resource of 1.37 MMoz Au and 278MMoz Ag with high potential for expansion. The Company's cash-flow generation machine, Lucero Mine is permitted for 350tpd and planning is underway to bring this high-grade gold mine assets back into production within approximately 9-12 months from today.
How is Element79 Gold different from the majority of junior miners?
A team that has successfully having Built and Operated mines for Global-level Mids and Majors, and built Juniors into Mids:
Elko/White Pine Counties, Nevada; Arequipa Peru
16 permitted drill sites for resource expansion in the near term
Past production at 150tpd yielded annual averages up to 50,000 oz AuEq
Investment Value and Growth Drivers:
Cash flowing from bulk sampling and enhancing artisanal production within 12-18 months;
Line of Sight on proving up a resource of 5mm+ oz Au and AuEq within 18-24 months; Significant production within 18-24 months;
3.17MM Oz AuEq Inferred Resource in Nevada, blue-sky exploration upside in a Tier-1 Jurisdiction;
Diversification Across the Americas - Nevada USA, Peru
Lucero Property
Chila Range, Peru
Gold, Silver
Production Ready
Formerly operated as the Shila mine from 1989 to 2005, Lucero consists of 10,805 hectares located in the Chila mountain range of Southern Peru, which contains several historic high-grade Au-Ag mines that were operated from the late 1980s to 2005. Lucero consistently delivered high-grades during its 16 years of operations, and between 1998 and 2004 reported production averaging approximately 20,000 ounces of gold and 435,000 ounces of silver per year at grades of 14.7 g/t gold and 450 g/t silver, with recoveries at the ore processing facility averaging 94.5% for gold and 85.5% for silver.
Maverick Springs Property
Nevada, USA
Gold, Silver
Inferred Resource
Element79 Gold's flagship property, the Maverick Springs Project, consists of approximately 4,800 acres across 247 unpatented claims that straddle the border of Elko County and White Pine County, proximate to the Carlin Trend, a belt of gold deposits approximately 5 miles wide and 40 miles long that is one of the world's richest gold mining districts, having produced more gold than any other mining district in the US.
The Company has recently completed an 43-101-compliant, pit-constrained mineral resource estimate (MRE) on the flagship Maverick Springs project located in the famous gold mining district of northeastern Nevada.
