Element79 Gold Corp Secures Reclamation Bond Approval for Gold Mountain Exploration Project

(TheNewswire)

Vancouver, BC — October 2 1 2025 — TheNewswire - Element79 Gold Corp(CSE:ELEM, OTC:ELMGF, FSE: 7YS0)(the “Company” or “Element79”)is elated to announce a major step forward in its U.S. explorationstrategy. The Bureau of Land Management (BLM) Nevada State Office hasofficially accepted a reclamation bond of USD $19,871 for its GoldMountain Exploration Project This approval represents a key regulatorymilestone, paving the way for expanded exploration and operationalactivity.

The bond, registered as of October 14, 2025, wasreceived October 20, 2025. This confirms Element79’s compliance withfinancial assurance requirements for surface reclamation activities— a crucial component of responsible resource development.

“This bond approval is more than just a proceduralstep — it’s a green light for growth, we are also excited to seeits approval given the recent government shut down.” said MichaelSmith, The Companies CEO. “With this in place, Element79 can moveforward with confidence on our phase one drill program on GoldMountain, knowing our environmental responsibilities are fully securedand regulatory boxes checked. We have been working with tenderingearthworks and drilling teams while waiting for this approval, and nowwe can begin engaging them for site work and drilling this fall. This brings us one step closer to unlocking the value at GoldMountain, in Battle Mountain, of Nevada.”

Element79 remains committed to responsible resourcedevelopment, and creating lasting value for its shareholders.

AboutElement79 Gold Corp

Element79 Gold Corp is a mining company focused on theexploration and development of its portfolio of high-potential goldprojects. The Company’s focus is its Nevada portfolio, anchored bythe Gold Mountain and Elephant Projects, both located in theworld-class Battle Mountain Trend. In addition, Element79 continues toadvance its high-grade Lucero Project in southern Peru, positioningthe Company for long-term exploration growth.

For more information about the Company, please visitwww.element79.gold or contact:

Mike Smith, Chief Executive Officer

E-mail: investors@element79.gold

Phone: +1.855.5ELEM79 (535-3679)

Cautionary Note Regarding ForwardLooking Statement s

This press release contains “forward?lookinginformation” and “forward-looking statements” under applicablesecurities laws (collectively, “forward?looking statements”).These statements relate to future events or the Company’s futureperformance, business prospects, or opportunities and are based onmanagement’s forecasts, estimates, and assumptions. Forward-lookingstatements include, but are not limited to, statements regardingexploration activities, the timing and scope of planned drillprograms, and the potential mineralization of the Gold MountainProject. Actual results may differ materially from anticipatedresults. Investors are cautioned not to place undue reliance onforward-looking statements.

Neither the Canadian SecuritiesExchange nor the Market Regulator accepts responsibility for theadequacy or accuracy of this release.

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