Element 29 has renewed its IR consultant agreement and engaged a market maker to improve liquidity. The company also provided a brief update on the Elida project, noting that diamond drilling is ongoing with assay results pending for several holes.
Element 29 has received DIA environmental certification for its Paka porphyry-skarn project in Peru, a key step toward securing a drilling permit. Additionally, the company is continuing drilling at the Elida porphyry deposit, targeting resource expansion.
Element 29 has mobilized a third drill rig at its Elida Porphyry Cu-Mo-Ag project in Perú to accelerate its 7,000m drilling program. The company also announced the exercise of warrants, generating over CAD$4.6 million in proceeds to fund the campaign.
Element 29 has commenced a 7,000m diamond drilling program at its Elida porphyry Cu-Mo-Ag deposit in Perú to expand the existing inferred resource. The campaign targets both infill drilling for confidence and exploration drilling to test high-priority targets identified by MT geophysics.
Element 29 Resources has renewed a five-year surface access agreement for its Elida project in Perú, expiring in April 2030. This agreement supports the company's application for expanded environmental permits to increase drilling capacity and continue its exploration strategy.
