Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

(TheNewswire)

Vancouver, BC – TheNewswire - August 6, 2025 – Element79 Gold Corp(CSE: ELEM | FSE: 7YS0 | OTC: ELMGF) (“Element79 Gold” or the“Company” ) is pleased to announce that ithas formally engaged Rangefront Mining Services of Elko, Nevada toprepare a National Instrument 43-101 Technical Report (“NI 43-101Report”) for the Company’s Gold Mountain Project located in LanderCounty, Nevada.

As part of this engagement, Rangefront PrincipalGeologist and Qualified Person, Mr. Steven L. McMillin, MSc, CPG#11301, conducted a comprehensive site visit to the Gold Mountainproperty during the week of July 28, 2025. The fieldwork includedinspection of historic adits, surface sampling zones, geologicalstructures, and claim boundaries in and around the Long Peak Stockintrusion that underlies the project. The site visit is a criticalstep in validating data integrity and supports the development of thepending NI 43-101 Property of Merit report.

Photos from the site visit are included below,capturing key outcrops, alteration zones, and terrain features thatdemonstrate the potential of the property.

Site Visit Photo 1 – View AcrossProject Area

S ite Visit Photo 2 – Altered Outcrop(Gossan)

Site Visit Photo 3 – HistoricWorkings Along Structural Trend

"We are excited to be working with Rangefront’sexpert team to build a strong technical foundation for the GoldMountain project," stated James Tworek, CEO of Element79 GoldCorp. "This report is a significant step forward in advancingGold Mountain into a drill-ready stage and further validating itsstrategic potential within the prolific Battle Mountain miningdistrict.”

About the Gold MountainProject

The Gold Mountain Project was acquired by Element79Gold Corp on August 1, 2025 and comprises 34 unpatented lode claimscovering approximately 702 acres, strategically situated 13 kilometerssouthwest of Battle Mountain, Nevada. The area is historically knownfor producing both porphyry and structurally controlled high-gradegold-silver mineralization. The site visit and ongoing technical workare intended to compile and digitize historical exploration dataalongside 2023 surface sampling results.

The Company expects to file the completed NI 43-101Technical Report during Q3 2025 and will provide further updates asthe work progresses.

QualifiedPerson

The technicalinformation in this release has been reviewed and approved by KimKirkland, Fellow of AusIMM #309585, Chief Operating Officer ofElement79 Gold Corp, and a "qualified person" as defined byNational Instrument 43-101.

About Rangefront

Based in ElkoCounty, Nevada, Rangefront is a premiere geological services companyserving the U.S. and Canada in geological needs for mining,exploration, and mineralogy, providing a full range of geologicalmining services; Since 2008 the Rangefront team of technicalpersonnel, laborers, and administrators has provided industry-leadingmining and geological services in a safe, responsible, and expertmanner.  More information about Rangefront can be found at www.rangefront.com

About Element79Gold Corp

Element79 GoldCorp is a mining company focused on gold and silver exploration, witha portfolio of assets in Nevada and Peru. The Company is activelyadvancing its Elephant project in the Battle Mountain trend of Nevada,and has recently acquired the drill-ready Gold Mountain project inBattle Mountain, Nevada. The Company also holds an option to purchasethe high-grade Lucero mine in southern Peru.  Element79 Gold hascompleted the transfer of its Dale Property in Ontario to its whollyowned subsidiary, Synergy Metals Corp., and is progressing through thePlan of Arrangement spin-out process. Element79 Gold is listed on theCanadian Securities Exchange (CSE: ELEM), the Frankfurt Stock Exchange(FSE: 7YS0), and the OTC QB market (OTC: ELMGF).

For more information, please visit the Company’swebsite at www.element79.gold

ON BEHALF OF THE BOARD

James C. Tworek
Chief Executive Officer, Director
Element79 Gold Corp
E-mail: jt@element79.gold

Investor Relations Contact:

E-mail: investors@element79.gold
Phone: +1.604.319.6953

Cautionary NoteRegarding Forward Looking Statements

This pressrelease contains forward-looking statements within the meaning ofapplicable securities laws. The use of any of the words"anticipate," "plan," "continue,""expect," "estimate," "objective,""may," "will," "project,""should," "predict," "potential" andsimilar expressions are intended to identify forward-lookingstatements. In particular, this press release contains forward-lookingstatements concerning the Company’s exploration plans, developmentplans and the Force Majeure Event. Although the Company believes thatthe expectations and assumptions on which the forward-lookingstatements are based are reasonable, undue reliance should not be placedon these statements because the Company cannot provide assurance thatthey will prove correct. Forward-looking statements involve inherentrisks and uncertainties, and actual results may differ materially fromthose anticipated. Factors that could cause actual results to differinclude conditions in the duration of the Force Majeure Event, andreceipt of regulatory and shareholder approvals. These forward-lookingstatements are made as of the date of this press release, and, exceptas required by law, the Company disclaims any intent or obligation toupdate publicly any forward-looking statements.

Neither theCanadian Securities Exchange nor the Market Regulator (as that term isdefined in the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire - All rights reserved.