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Element 29 Receives DIA Environmental Certification Advancing New Drilling Permit Application at Elida Porphyry Cu-Mo-Ag Deposit, Perú
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Element 29 Resources Inc. ...
About this update from Element 29 Resources, Inc.
[{"type":"text","content":"Element 29 Receives DIA Environmental Certification Advancing New Drilling Permit Application at Elida Porphyry Cu-Mo-Ag Deposit, PerúVancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) (\"Element 29\" or the \"Company\") is pleased to announce that it has received environmental certification under a Declaración de Impacto Ambiental (\"DIA\") from the Perúvian Ministerio de Energía y Minas (\"MINEM\"), marking a significant milestone in the Company's application for a new Programa de Inicio de Actividades (\"PIA\") drilling permit at its Elida Porphyry Copper (\"Cu\") - Molybdenum (\"Mo\") - Silver (\"Ag\") Deposit (\"Elida\") in central Perú.Richard Osmond, President and CEO of Element 29, commented: \"Completion of the DIA represents an important step toward securing a new PIA that would significantly expand the current permitted drilling footprint and support continued advancement of the Company's flagship Elida project in Perú, within a strong market environment for copper, molybdenum, and silver.\"Mr. Osmond continues, \"Drilling at Elida continues to progress well with two drill rigs currently operating and five drill holes completed totaling more than 4,600 metres of the planned 7,000-metre diamond drilling program; assay results are pending. Current drilling is being conducted under the existing PIA drilling permit, which remains valid through Q2 2026.\"Element 29's current PIA drilling permit was approved under a Ficha Técnica Ambiental (\"FTA\") environmental certification, authorizing up to 20 drilling platforms, and is scheduled to expire in Q2 2026. The newly approved DIA, which is valid for a period of up to five years, provides a comprehensive review of potential environmental impacts associated with exploration activities and outlines appropriate mitigation measures for up to 40 drilling platforms. This approval represents an important advancement toward securing a replacement PIA, which would allow the Company to continue exploration beyond the current pit-constrained Mineral Resource Estimate1 and further evaluate the larger hydrothermal alteration footprint of the Elida porphyry Cu-Mo-Ag system.As part of the requirements for the new PIA drilling permit application, the Company also execut...