Element79 Gold Corp’s Post

VANCOUVER, BC – TheNewswire - March 11, 2024 – Element 79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) ("Element 79 Gold" or “(ELEM) a mining company focused on the production of gold and silver in Peru, announces that the Company wishes to raise up to $400,000 through a non-brokered private placement of Units of the Company (each a “Unit”) at a purchase price of $0.23 per Unit (the “Financing”). Each Unit will be comprised of one common share of the Company (a “Common Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant will be exercisable for one Common Share at a price of $0.35 per Common Share for two (2) years from the date of issuance.   https://lnkd.in/duy2S9mc #miningindustry #juniormining #miningnews #miningsector #mininginvestment #miningexploration

📢 NEWS RELEASE: We've expanded our Copper Chief Property by 74%! Located just 35km from Las Vegas, our project area, which encompasses a historic high-grade copper and gold mining camp, now spans 6.5 square miles after acquiring an additional 88 mineral claims. Read full news release: https://loom.ly/ToYxFJk 🇨🇦 #FAIR | 🇩🇪 #Y4Y #Copper #Gold #CopperStocks #GoldStocks #PreciousMetals #CriticalMinerals #Commodities #InvestorNews #InvestorUpdates #NewsRelease #TSX #TSXV #FSE

Vancouver, BC – September 26, 2024 – TheNewswire – Element79 Gold Corp (CSE: ELEM, OTC: ELMGF, FSE: 7YS0, Hereinafter “Element79 Gold”), a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects is pleased to announce the signing of a Letter of Intent (LOI) with S.M.R.L. PALAZA 16 (“Palaza”), marking a significant milestone in the Company’s strategic efforts to restart the Lucero mine and concentrate its focus in the Arequipa, Peru region. This agreement represents a unique and substantial economic opportunity for both parties involved, with multiple additional social and environmental benefits for the local region and community. https://lnkd.in/dcY6v6YE #miningindustry #juniormining #miningnews #miningsector #mininginvestment

Leading Sustainable Mining in America’s Heartland | U.S. Gold Corp. | Airing on CNBC and Fox Business Network   With gold and copper prices climbing toward record levels, this Wyoming-based company offers exceptional leverage in both markets. Backed by a reserve of nearly 1.5 million ounces of gold equivalents, mining permits in hand, and a solid financial position—zero debt and just 10.73 million shares outstanding—U.S. Gold Corp. stands out as a compelling investment opportunity. Recent engineering optimization studies have further enhanced the CK Gold Project, while securing key permits brings it closer to production.   Learn more: https://lnkd.in/enWPkZuW    (NASDAQ: USAU)   #Gold #Copper #GoldMining #MiningStocks #CopperStocks #MiningNews #Mining

Suddenly, everyone is chatting about gold That's the result when leaders around the world are prioritizing gold vs paper assets Meet Green River Gold Corp (CSE: CCR) ▶ Fontaine Gold Project: High potential for gold discoveries ▶ Placer Mining: Operations starting any day #smallcaps #smallcapstocks #pennystocks #smallcap #gold

Check out this article that outlines the different types of mining royalties, including net smelter return, net profit, gross revenue, and tonnage royalties, and explores their increasing use in financing arrangements like royalty financing and streaming as alternative funding sources for mining projects: https://lnkd.in/gD_ctVXf Strata's Royalty Portfolio continues to reflect the Company’s strategic positioning within the Kalahari #Copper Belt, involving Sandfire Resources and COBRE LIMITED. Notably, the portfolio includes a 2% NSR uncapped royalty over Sandfire Resource's ~8,000km² area, excluding T3 but inclusive of the A4 and A1 Projects, and a 2% uncapped NSR over 4,304km² at the Kitlanya West Project. Royalty receipts from the uncapped A4 area are expected to commence in late 2024/early 2025.

Something to keep an eye on, this can reduce the compliance and audit load on implementing operations.

1911 Gold Corporation is advancing the True North Mine with strategic updates, including a new mineral resource estimate and exploration plans. The recent funding from the Manitoba Mineral Development Fund highlights the province's support. Read more about the future of gold mining at Rice Lake, Manitoba. \#GoldMining \#TrueNorthMine \#1911Gold \#MineralExploration \#MiningNews \#Manitoba \#ResourceDevelopment \#MiningIndustry \#GoldExploration \#MineralResources

Meaning of “royalty” under the context of the Act – Elucidated – Held, essential characteristics of royalty are that (i) it is a consideration or payment made to the proprietor of minerals, either the government or a private person; (ii) it flows from a statutory agreement (a mining lease) between the lessor and the lessee; (iii) it represents a return for the grant of a privilege (to the lessee) of removing or consuming the minerals; and (iv) it is generally determined on the basis of the quantity of the minerals removed 2024 KHC OnLine 6398

Canadian Gold Miner Announces Q2/24 Results: https://ow.ly/g2vc50TeEuB Soma Gold Corp's operational highlights include material progress with the shift to conventional mining methods. Read on to learn more about the company's assets and plans for each. #goldstocks $SOMA:TSXV $SMAGF