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Posted On: 09/04/2025 8:40:05 AM
Post# of 25725
$ELMGF $ELEM.C Element79 Gold Corp. Announces Filing of NI 43-101 Technical Report for Gold Mountain Project, Nevada
https://www.thenewswire.com/press-releases/1k...evada.html
Vancouver, British Columbia – September 3, 2025 – TheNewswire - Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (the “Company” or “Element79”) is pleased to announce that it has filed an independent National Instrument 43-101 (“NI 43-101”) Technical Report (the “Report”) for the Company’s Gold Mountain Project located in the Battle Mountain Mining District of Lander County, Nevada.
The Report, authored by Steven L. McMillin, MSc, CPG, of Rangefront Mining Services, outlines the geological potential of the 702-acre property, which consists of 34 unpatented lode mining claims in one of Nevada’s most productive and historic mining districts.
Highlights from the Report include:
Historic drilling by Placer Dome (2005) returned intercepts of:
7.62m grading 0.48 g/t Au
10.67m grading 0.99 g/t Au
Figures 11-14 of the report outline 2023 surface sampling of 116 rock samples, confirming high-grade Au-Ag-Pb mineralization associated with structurally controlled zones and lower-grade porphyry-style mineralization linked to the Long Peak Stock.
The project lies just 0.5 miles south of the historic Dewitt Mine, which produced high-grade gold and silver ores from the 1930s–1950s.
A Bureau of Land Management (BLM) Notice of Intent (NOI) has been approved, permitting up to 21 drill pads and associated roads.
A fully costed exploration program totaling US$800,000 has been recommended, including detailed mapping, geophysics, and 8,000 feet of RC drilling to test high-priority targets.
https://www.thenewswire.com/press-releases/1k...evada.html
Vancouver, British Columbia – September 3, 2025 – TheNewswire - Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (the “Company” or “Element79”) is pleased to announce that it has filed an independent National Instrument 43-101 (“NI 43-101”) Technical Report (the “Report”) for the Company’s Gold Mountain Project located in the Battle Mountain Mining District of Lander County, Nevada.
The Report, authored by Steven L. McMillin, MSc, CPG, of Rangefront Mining Services, outlines the geological potential of the 702-acre property, which consists of 34 unpatented lode mining claims in one of Nevada’s most productive and historic mining districts.
Highlights from the Report include:
Historic drilling by Placer Dome (2005) returned intercepts of:
7.62m grading 0.48 g/t Au
10.67m grading 0.99 g/t Au
Figures 11-14 of the report outline 2023 surface sampling of 116 rock samples, confirming high-grade Au-Ag-Pb mineralization associated with structurally controlled zones and lower-grade porphyry-style mineralization linked to the Long Peak Stock.
The project lies just 0.5 miles south of the historic Dewitt Mine, which produced high-grade gold and silver ores from the 1930s–1950s.
A Bureau of Land Management (BLM) Notice of Intent (NOI) has been approved, permitting up to 21 drill pads and associated roads.
A fully costed exploration program totaling US$800,000 has been recommended, including detailed mapping, geophysics, and 8,000 feet of RC drilling to test high-priority targets.
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