Element 29 Resources Inc. reports news tied to mineral exploration and project advancement in Perú, led by the Elida Porphyry Copper-Molybdenum-Silver Deposit in central Perú. Recurring updates cover diamond drilling results, mineralized intercepts, resource modelling, metallurgical test work, environmental certification and exploration permitting for the Elida porphyry Cu-Mo-Ag system.
The company also reports corporate and capital-structure developments, including incentive grants, investor relations appointments, operating and financial results, and updates on its broader Peruvian copper portfolio, which includes Flor de Cobre and the Paka and Pahuay porphyry Cu-skarn prospects.
Element 29 Resources announces the retirement of board member Robert Willis and nominates Brad Mercer, Chet Idziszek, and Mary-Carmen Vera as new independent directors.
The elections will occur at the Annual General Meeting on June 27, 2024.
Mr. Mercer, a retired COO of Capstone Copper Corp., has extensive geoscientific experience. Mr. Idziszek, an exploration geologist with over 40 years in the field, is known for significant mineral discoveries. Ms. Vera, a Peruvian geological engineer, specializes in ESG and sustainability practices.
Additionally, the company has granted 50,000 deferred share units to a director under the effective RSU/DSU Plan as of May 31, 2024.
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Cerrado Gold announced record Q3 results from its Minera Don Nicolás mine in Argentina. CEO Mark Brennan discussed these results, emphasizing production achievements. In a separate update, Element 29 Resources shared initial drilling outcomes from its Elida Copper Project. Chairman Richard Osmond provided insights into the first two drill holes of a six-hole program, highlighting the project's potential. The Power Play by The Market Herald delivers timely information to investors through exclusive executive interviews.