Business
Element79 Gold Receives Exploration Permit for Lucero Project from Chachas Community
Vancouver, BC – TheNewswire - September 12, 2023 – Element79 Gold Corp (CSE:ELEM) (FSE:7YS) (OTC:ELMGF), a mining company focused on gold and silver, is pleased
About this update from Element79 Gold Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - September 12, 2023 – Element79 Gold Corp (CSE:ELEM) (FSE:7YS) (OTC:ELMGF), a mining company focused on gold and silver, is pleased to announce a significant development in its mining exploration endeavors: The Community of Chachas, Castilla Province, Arequipa Region, has approved the issuance of a permit to Minas Lucero del Sur S.A.C., a wholly-owned subsidiary of Element79 Gold Corp, to conduct superficial mining exploration activities, including geological mapping and selective sampling, for a duration of four months, commencing from September 1, 2023, through December 31, 2023. This decision was reached during the Local Assembly held on Sunday, September 3, 2023. The resolution was endorsed by a majority of qualified community members present at the assembly. As part of the agreement reached during the assembly, Minas Lucero has undertaken to contribute to the community's infrastructure development by providing 3,000 meters of 4-inch piping in two deliveries, for the channeling of La Jocha in Ticlla. \"We are grateful to the Community of Chachas for their trust and support. Element79 Gold Corp is dedicated to conducting environmentally responsible and sustainable exploration activities. We look forward to working closely with the community to ensure a mutually beneficial partnership,\" said James Tworek, CEO of Element79 Gold Corp, “This first four months of work is a critical step to our greater development plan leading up to restarting production at Lucero, where we will be building out a data set through sampling, mapping, targeting trenching and drilling locations both above ground and underground. While mapping will be across the whole property, trenching and drill site targeting will focus on the Apacheta, Pillune and Sando Alcalde areas of the property, where the past production came from and is therefore of highest interest. Looking to something new: we will also be setting our sights on the Andrea area, where we intend to begin work on a previously untouched vein system, alongside the Chachas community’s artisanal miners. These next four months provide a great first step towards building out both our understanding of the vein systems for subsequent phases of exploration, drilling and getting to bulk sampling and PEA-level studies, as well as building with the community...