Inferred Mineral Resource of 321.7 million tonnes grading 0.32% copper, 0.03% molybdenum and 2.6 g/t silver with a low 0.74:1 strip ratio Element 29 Resources Inc. announces the completion of an initial independent Inferred Mineral Resource estimate at its Elida porphyry copper-molybdenum deposit in west-central Peru. This Mineral Resource was [...]
Element 29 Resources Inc. announces results of the final three holes from the recently completed 4,532 metre , twelve-hole drill program at the Flor de Cobre Copper Project located in southern Peru . Flor de Cobre Drilling Highlights Drillhole FDC011, located along the northwest margin of the permitted drilling area intersected 329.4 m of 0.56 [...]
Element 29 Resources Inc. announces results of the final four twinned holes from the recently completed 4,500 metre , twelve-hole drill program at the Flor de Cobre Copper Project located in southern Peru . The Company is awaiting results from the last three angled drill holes of the program that tested the primary copper sulphide mineralization [...]
Element 29 Resources Inc. announces results of three additional drill holes from the recently completed 4,500 metre , twelve-hole drill program at the Flor de Cobre Copper Project located in southern Peru . Steve Stakiw, Element 29's President and CEO comments, "These latest Flor de Cobre drill results continue to demonstrate strong correlation [...]
Element 29 hosts webinar to review the Flor de Cobre project at 12:00pm ET April 20, 2022- click HERE Element 29 Resources Inc. is pleased to announce results from its two initial drill holes of the 4,000 metre , eleven-hole drill program at the Flor de Cobre Copper Project located in southern Perú . Steve Stakiw, Element 29's President and CEO [...]
Element 29 Resources Inc. is pleased to announce the appointment of Steve Stakiw as President, Chief Executive Officer and a Director of the Company. The appointment is effective April 11, 2022. Richard Osmond, Chairman, comments, "On behalf of the Board and management team we are very excited to have Steve join and lead Element 29. His experience [...]
Element 29 Resources Inc. has granted an aggregate of 2,345,000 stock options to directors, officers, employees and consultants of the Company in accordance with the Company's incentive stock option plan, subject to regulatory acceptance. These incentive stock options are exercisable at $0.57 per share for a period of five years. The Company also [...]
Element 29 Resources Inc. announces today that the Company has commenced a 3,700 metre drill program at its Flor de Cobre Copper Project in southern Perú. Flor de Cobre is strategically located within the Southern Perú Copper Belt at a moderate elevation of less than 2,700 m and is road accessible with excellent infrastructure for mine development [...]
Element 29 Resources is pleased to announce that its common shares have been made eligible for book-entry and depository services of the Depository Trust Company to facilitate electronic clearing and settlement of transfers of its common shares in the United States. Richard Osmond, Chairman and Interim CEO, comments, "Receiving DTC eligibility is [...]
Element 29 Resources Inc. is pleased to announce results from the last three drill holes of the seven-hole, 4,500 m drilling program completed in December 2021 at its 100% owned Elida Copper Project located in central Perú . Richard Osmond, Chairman and Interim CEO, comments, "The Phase 1 drill program at Elida was a complete success and exceeded [...]
Element 29 Resources Inc. is pleased to announce that the Company has closed its oversubscribed, non-brokered private placement financing of 11,498,000 million Units at a price of $0.60 per Unit for aggregate gross proceeds of $6,898,800 million. The Offering Each Unit comprises one common share of Element 29 and one-half common share purchase [...]
Element 29 Resources Inc. is pleased to announce that, due to strong investor demand for its non-brokered private placement previously announced on Nov. 18, 2021, the Company has agreed to increase the size of the private placement by up to 6,000,000 units, for aggregate gross proceeds of up to $6,600,000. Under the Offering, up to 11,000,000 Units [...]