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home / news releases / ELMGF - Element79 Gold Corp. (ELMGF) - Catalysts on the Horizon to Drive Shareholder Value


ELMGF - Element79 Gold Corp. (ELMGF) - Catalysts on the Horizon to Drive Shareholder Value

Annual general meeting. At the recent annual general meeting, shareholders approved all business items, including the election of a new independent director, Mr. Shane Williams, COO of Skeena Resources Limited (NYSE: SKE, TSX: SKE). Previously, Mr. Williams served as a strategic advisor and offers an impressive record of senior executive experience and managing high-profile mining projects. Based on similarities between Skeena at its early stages and Element79 Gold today, we think his appointment will serve the company well.Transformational acquisition closed. Element79 Gold recently closed the acquisition of two past-producing high-grade gold-silver mines in Peru, including the Lucero Mine, one of the highest-grade underground mines to be commercially mined in Peru's history, and the Machala Mine. Operations were suspended at Machala in 1991 and Lucero in 2005 due to low gold and silver prices. Management believes Lucero has the potential to be a world class deposit and both mines offer the potential for near-term production. Read More >>

Stock Information

Company Name: Element79 Gold
Stock Symbol: ELMGF
Market: OTC
Website: element79.gold

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